Changes in Approach to Customer Loyalty

The article discusses an overview of customer loyalty theoretical framework. It presents both, the classic approach to the subject of loyalty as well as the results of its ongoing evolution. This allowed the identification of factors affecting customer loyalty and a statement that the concept of loy...

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Main Authors: Katarzyna Szczepańska, Patryk Paweł Gawron
Format: Article
Language:English
Published: University of Economics and Human Sciences in Warsaw 2011-03-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/202
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author Katarzyna Szczepańska
Patryk Paweł Gawron
author_facet Katarzyna Szczepańska
Patryk Paweł Gawron
author_sort Katarzyna Szczepańska
collection DOAJ
description The article discusses an overview of customer loyalty theoretical framework. It presents both, the classic approach to the subject of loyalty as well as the results of its ongoing evolution. This allowed the identification of factors affecting customer loyalty and a statement that the concept of loyalty can be seen in varying degrees, in terms of criteria other than behavioral. Finding of not enough empirical research on customer loyalty in the long types of market and specific customer groups indicates a cognitive gap. Verification of the classic determinants of customer loyalty authorized to conclude that the profitability of the customer portfolio sets new definition of loyalty, which is related to the concepts of marketing value and value based management. This is supported by associations of loyalty to the management parameters.
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spelling doaj.art-0a273ea7642d46e8a38bfda9dad5ce2f2023-11-02T08:15:55ZengUniversity of Economics and Human Sciences in WarsawContemporary Economics2084-08452011-03-015119110.5709/ce.1897-9254.5Changes in Approach to Customer LoyaltyKatarzyna SzczepańskaPatryk Paweł GawronThe article discusses an overview of customer loyalty theoretical framework. It presents both, the classic approach to the subject of loyalty as well as the results of its ongoing evolution. This allowed the identification of factors affecting customer loyalty and a statement that the concept of loyalty can be seen in varying degrees, in terms of criteria other than behavioral. Finding of not enough empirical research on customer loyalty in the long types of market and specific customer groups indicates a cognitive gap. Verification of the classic determinants of customer loyalty authorized to conclude that the profitability of the customer portfolio sets new definition of loyalty, which is related to the concepts of marketing value and value based management. This is supported by associations of loyalty to the management parameters.http://ce.vizja.pl/en/download-pdf/id/202
spellingShingle Katarzyna Szczepańska
Patryk Paweł Gawron
Changes in Approach to Customer Loyalty
Contemporary Economics
title Changes in Approach to Customer Loyalty
title_full Changes in Approach to Customer Loyalty
title_fullStr Changes in Approach to Customer Loyalty
title_full_unstemmed Changes in Approach to Customer Loyalty
title_short Changes in Approach to Customer Loyalty
title_sort changes in approach to customer loyalty
url http://ce.vizja.pl/en/download-pdf/id/202
work_keys_str_mv AT katarzynaszczepanska changesinapproachtocustomerloyalty
AT patrykpawełgawron changesinapproachtocustomerloyalty