When advertising increases brand loyalty for your company's brand, then the company's demand curve becomes:

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03-12-2021
Business

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When advertising increases brand loyalty for your company's brand, then the company's demand curve becomes:

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Martebi Martebi · Answer 1 · 2021-12-08T10:39:49+01:00

Advertising often uses different ways to improve brand loyalty. The company's demand curve becomes more inelastic.

Brand Loyalty is very important and beneficial to businesses because it can result to constant purchases by consumers, higher revenues, and customer referrals.

It is regarded as a positive association that consumers cling to a specific product or brand. Customers who show brand loyalty are always buying a product or service.

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