FBLA Introduction to Retail and Merchandising Practice Test

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What is a key characteristic of "brand loyalty"?

Consumers consistently switching brands for better prices

Customers developing a strong preference for a specific brand

Brand loyalty is defined by customers developing a strong preference for a specific brand. This commitment often leads consumers to consistently choose that brand over others, even when faced with alternatives that may offer lower prices or different features.

When customers are loyal to a brand, they are more likely to repurchase products from that brand and recommend it to others, which contributes to the brand's overall success and stability in the market. This loyalty can stem from several factors, including positive past experiences, emotional connections, perceived quality, or even brand values that resonate with customers.

In contrast, options that mention consistently switching brands for better prices or frequently revisiting different stores indicate a lack of brand loyalty. These behaviors showcase a more transactional relationship with products rather than a deep-seated preference for a specific brand. Retailers broadening their product range is also unrelated to brand loyalty, focusing instead on market competitiveness and consumer choice.

Retailers focusing on broadening their product range

Shoppers frequently revisiting different stores

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