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<article>
  <title>Building and Maintaining Costumer Loyalty</title>
  <slug>building-and-maintaining-costumer-loyalty</slug>
  <parent>
    <title>Volume 1, Issue 1</title>
  </parent>
  <post_type>
    <title>Article</title>
  </post_type>
  <year>2024</year>
  <volume>1</volume>
  <content><![CDATA[<p><br><span><span>The topic of consumer loyalty has been explored by several authors in </span></span><br><span><span>the marketing literature. Customer loyalty represents an emotional, </span></span><br><span><span>positive, long-term relationship between a satisfied customer and the </span></span><br><span><span>company. The importance of this topic stems from the fact that retaining </span></span><br><span><span>existing (loyal) consumers is more cost-effective than acquiring new ones. </span></span><br><span><span>Loyal customers ensure the survival, functioning, and profitability of the </span></span><br><span><span>company. However, retaining existing customers is a complex challenge </span></span><br><span><span>that requires a lot of effort on the part of the company. There are a lot </span></span><br><span><span>of measures to retain loyal customers, including the implementation </span></span><br><span><span>of loyalty rewards programs, personalized marketing, subscription </span></span><br><span><span>services, exclusive deals for repeated customers, referral programs, </span></span><br><span><span>bundle offers, engagement through social media, gamification, event </span></span><br><span><span>marketing, exceptional service support , etc. </span></span><br><span><span>This paper aims, with the help of secondary data, to sublimate the theoretical </span></span><br><span><span>viewpoints on customer loyalty, on its building, measurement, </span></span><br><span><span>maintenance, as well as to note some of its future trends.</span></span></p>]]></content>
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  <keywords>customer loyalty, loyal consumers, personalization, referral programs, loyalty programs, gamification</keywords>
  <date>2024-11-29</date>
  <url>https://brj.ibupress.com/articles/building-and-maintaining-costumer-loyalty</url>
  <issue>1</issue>
  <pages>15-26</pages>
  <doi>10.69648/NHXH4714</doi>
  <language>en</language>
  <license>CC BY-NC-ND 4.0</license>
  <license_url>https://creativecommons.org/licenses/by-nc-nd/4.0/</license_url>
  <pdf>https://brj.ibupress.com/file/643/ibu-journal-brj-2.pdf</pdf>
  <authors>
    <author>
      <first_name>Savica</first_name>
      <last_name>Dimitrieska</last_name>
      <affiliation>International Balkan University – Skopje</affiliation>
      <corresponding>true</corresponding>
    </author>
  </authors>
  <journal>
    <title>Balkan Research Journal</title>
    <issn>2955-2516</issn>
    <eissn>2955-2524</eissn>
    <publisher>Balkan University Press</publisher>
    <url>https://brj.ibupress.com</url>
  </journal>
</article>