Management Studies and Business Journal
Vol. 1 No. 5 (2024): Management Studies and Business Journal (PRODUCTIVITY)

Brand Loyalty in the Age of Consumer Empowerment: Building Sustainable Relationships Through Value Co-creation

Sucidha, Irma (Unknown)



Article Info

Publish Date
31 May 2024

Abstract

In an era of consumer empowerment marked by technological advances and changes in consumer behavior, understanding the role of consumer collaboration in the co-creation process of brand loyalty is crucial for business success. Although the importance of brand loyalty has been recognized, there remains a lack of understanding of how consumer collaboration specifically influences brand loyalty, especially in today's dynamic context. This research aims to investigate the role of consumer collaboration in the co-creation process on brand loyalty in the era of consumer empowerment. By utilizing the systematic literature review method, relevant articles from reputable international databases, such as Scopus and Web of Science, were collected and analyzed. Findings from the literature review indicate that consumer collaboration in co-creation plays an important role in influencing brand loyalty by building trust, satisfaction, and emotional connection between brands and consumers. The practical implication of this research is that brands should prioritize consumer involvement in co-creation initiatives to increase brand loyalty and competitiveness in the market. Future studies could expand understanding of the relationship between consumers and brands and the effectiveness of co-creation strategies in increasing brand loyalty.

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Journal Info

Abbrev

productivity

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Management Studies and Business Journal (PRODUCTIVITY) reviewed covers theoretical and applied research in the field of Management and Business. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. PRODUCTIVITY Journal ...