Building brand loyalty has become more important, yet more difficult to achieve in today's marketplace. This research investigates a possible avenue for building brand loyalty that is not directly related to the marketing of the product – attracting individual investors in the brand's corporate parent. A survey of over 500 individual investors revealed that individual investors do tend to buy brands from companies in which they hold stock, and investors may buy stock in a company because they have experience with the brand. In contrast with brand loyalty, where consumers will not buy competitive offerings, individual investors indicated they would buy competitive offerings, suggesting that stock ownership is more likely to lead to repeat purchase behavior, but not brand loyalty.
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1 December 2004
Research Article|
December 01 2004
Building brand loyalty through individual stock ownership Available to Purchase
Denise D. Schoenbachler;
Denise D. Schoenbachler
Professor in the Department of Marketing, Northern Illinois University, DeKalb, Illinois, USA
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Geoffrey L. Gordon;
Geoffrey L. Gordon
Professor in the Department of Marketing, Northern Illinois University, DeKalb, Illinois, USA
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Timothy W. Aurand
Timothy W. Aurand
Associate Professor, in the Department of Marketing, Northern Illinois University, DeKalb, Illinois, USA
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Publisher: Emerald Publishing
Online ISSN: 2054-1643
Print ISSN: 1061-0421
© Emerald Group Publishing Limited
2004
Journal of Product & Brand Management (2004) 13 (7): 488–497.
Citation
Schoenbachler DD, Gordon GL, Aurand TW (2004), "Building brand loyalty through individual stock ownership". Journal of Product & Brand Management, Vol. 13 No. 7 pp. 488–497, doi: https://doi.org/10.1108/10610420410568426
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