Basic management principles of the formation of consumer loyalty to brands of regional companies

The problem of forming of consumer loyalty to companies that implement market activity in the regions of the Russian Federation on the scale of small and medium business is investigated. Due to the fact that such business structures do not have the opportunity to compete with large international cor...

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Main Authors: E. V. Pisareva, E. S. Sergienko
Format: Article
Language:Russian
Published: State University of Management 2018-09-01
Series:Управление
Subjects:
Online Access:https://upravlenie.guu.ru/jour/article/view/43
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author E. V. Pisareva
E. S. Sergienko
author_facet E. V. Pisareva
E. S. Sergienko
author_sort E. V. Pisareva
collection DOAJ
description The problem of forming of consumer loyalty to companies that implement market activity in the regions of the Russian Federation on the scale of small and medium business is investigated. Due to the fact that such business structures do not have the opportunity to compete with large international corporations, they should identify their vector of development with a focus on the consumer, understanding that the formation of loyalty is a very important element of ensuring a stable market position. It is noted that the managers need to work towards improving the quality of not only products, but also implemented management measures in a number of areas. The customer satisfaction is an indicator of achieving a match between the subjectively expected value of the product to the potential consumer and the actual value obtained as a result of the experience of its acquisition and consumption. Thus, only in the case of positive consumer experience can the formation of loyal attitude. A list of basic practice-oriented principles that allow to attract customers, to form a loyal attitude to the company and products has been presented. It is determined that the formation of loyalty is not a one-time marketing campaign, but a complex work of a cohesive team of employees under the guidance of an effective manager. Their effective work, implemented on a permanent basis, will ensure the strengthening of the market position of the brand of the regional business structure. The presented principles will help managers working on the scale of small and medium-sized businesses to form and implement their own strategies to ensure the competitiveness of the company and the demand for products in modern turbulent times, which in turn will contribute to a positive impact on the development of the regional economy of our country.
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institution Kabale University
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series Управление
spelling doaj-art-6df42ad194e54748b2324360aca8aff82025-02-04T09:04:37ZrusState University of ManagementУправление2309-36332713-16452018-09-0163404410.26425/2309-3633-2018-3-40-4443Basic management principles of the formation of consumer loyalty to brands of regional companiesE. V. Pisareva0E. S. Sergienko1Ростовский государственный экономический университет (РИНХ)Южный федеральный университетThe problem of forming of consumer loyalty to companies that implement market activity in the regions of the Russian Federation on the scale of small and medium business is investigated. Due to the fact that such business structures do not have the opportunity to compete with large international corporations, they should identify their vector of development with a focus on the consumer, understanding that the formation of loyalty is a very important element of ensuring a stable market position. It is noted that the managers need to work towards improving the quality of not only products, but also implemented management measures in a number of areas. The customer satisfaction is an indicator of achieving a match between the subjectively expected value of the product to the potential consumer and the actual value obtained as a result of the experience of its acquisition and consumption. Thus, only in the case of positive consumer experience can the formation of loyal attitude. A list of basic practice-oriented principles that allow to attract customers, to form a loyal attitude to the company and products has been presented. It is determined that the formation of loyalty is not a one-time marketing campaign, but a complex work of a cohesive team of employees under the guidance of an effective manager. Their effective work, implemented on a permanent basis, will ensure the strengthening of the market position of the brand of the regional business structure. The presented principles will help managers working on the scale of small and medium-sized businesses to form and implement their own strategies to ensure the competitiveness of the company and the demand for products in modern turbulent times, which in turn will contribute to a positive impact on the development of the regional economy of our country.https://upravlenie.guu.ru/jour/article/view/43managementmarketingbrendcompany developmentcustomer loyaltymanagement decision
spellingShingle E. V. Pisareva
E. S. Sergienko
Basic management principles of the formation of consumer loyalty to brands of regional companies
Управление
management
marketing
brend
company development
customer loyalty
management decision
title Basic management principles of the formation of consumer loyalty to brands of regional companies
title_full Basic management principles of the formation of consumer loyalty to brands of regional companies
title_fullStr Basic management principles of the formation of consumer loyalty to brands of regional companies
title_full_unstemmed Basic management principles of the formation of consumer loyalty to brands of regional companies
title_short Basic management principles of the formation of consumer loyalty to brands of regional companies
title_sort basic management principles of the formation of consumer loyalty to brands of regional companies
topic management
marketing
brend
company development
customer loyalty
management decision
url https://upravlenie.guu.ru/jour/article/view/43
work_keys_str_mv AT evpisareva basicmanagementprinciplesoftheformationofconsumerloyaltytobrandsofregionalcompanies
AT essergienko basicmanagementprinciplesoftheformationofconsumerloyaltytobrandsofregionalcompanies