1. Brand loyalty is the commitment buyers have to a particular brand. Brand loyalty is useful in...
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Brand loyalty is the commitment buyers have to a particular brand. Brand loyalty is useful in reducing marketing costs and creating barriers to entry from others, as customers say, “I would go only to the Smith Group for my medical care.” In health care, creating brand loyalty remains a challenge. A 2017 study by NRC Health indicated that slightly over 40% of consumers were not loyal to a hospital or health system.22
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Health Care Market Strategy : From Planning To Action
ISBN: 9780256189681
5th Edition
Authors: Eric N. Berkowitz; Steven G. Hillestad
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