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Impact of Ethics and Sustainability on Brand Loyalty - Consumer Survey Insights

Publisher GlobalData
Published Nov 22, 2022
Length 14 Pages
SKU # GBDT17961938

Description

Impact of Ethics and Sustainability on Brand Loyalty - Consumer Survey Insights


Summary

There is a correlation between consumers level of brand loyalty and a brands commitment to ethical and sustainability matters. Ethics and sustainability influence consumers’ purchasing decisions, so brands who support these matters will gain a good reputation from consumers.

Identifying the impact that ethical and sustainable practices have on a consumers willingness to be brand-loyal

Scope
  • Overall, consumers are more loyal to brands that support green and environmental matters compared to those who support social and human rights matters.
  • Leading brands in all categories are supporting sustainability and ethics matters in order to generate brand loyalty among consumers.
  • Younger consumers are more likely to exert brand loyalty to products and services that are ethical and sustainable.
  • During the cost-of-living crisis, there is an ongoing battle with consumers staying loyal to brands or switching to cheaper alternatives.
Reasons to Buy
  • Understand consumer behavior and company responses in order to tap into what is really impacting the industry.
  • Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
  • Access valuable strategic take-outs to help direct future decision-making and inform new product development.

Table of Contents

14 Pages
1. Consumer Survey Insights: Impact of Ethics and Sustainability on Brand Loyalty
Introduction
Impact of ethics and sustainability on brand loyalty
Take-outs
2. Appendix
How Do Licenses Work?
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