Investigating the Psychological Factors Impacting Brand Loyalty and Consumer Psychology

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Balagouda S. Patil, Joswa Stalin S, Swati Jain, Genu Roney Varghese, Nirmala Roney Varghese

Abstract

Brand loyalty is a crucial factor in sustained consumer engagement and corporate success. This study examines the psychological determinants of brand loyalty and consumer behavior, emphasizing emotional attachment, perceived brand quality, trust, and consumer satisfaction. The study utilizes a sample of 147 respondents and incorporates sophisticated statistical techniques, such as factor analysis, regression, and correlation analysis, to investigate the relationships among these variables. The results indicate that trust and emotional attachment substantially bolster consumer loyalty, underscoring the significance of psychological links in brand interactions. The study incorporates the SERVQUAL model to evaluate the impact of service quality aspects on consumer perceptions and decision-making. The findings demonstrate that reliability, responsiveness, and assurance are crucial in influencing consumer perceptions and enhancing brand loyalty. The research offers significant insights for marketers and enterprises, highlighting the necessity of cultivating trust, improving service quality, and nurturing emotional connections with consumers. By addressing these psychological and service-related factors, firms can cultivate enduring brand loyalty and enhance overall consumer pleasure.

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