Factors impacting online customer loyalty
Developing online customer loyalty is much more difficult than customer loyalty in traditional stores. The internet allows your customer base to be worldwide, but also puts you head to head with a larger number of competing businesses. I’ve noticed there are many different approaches and theories as to why customers develop loyalty to particular online businesses. Here is yet another one. Its important to remember that these theories are not just simple observations, but are developed academic studies. Here is the reference to the article I’m writing about today: Srinivasan et al. Customer loyalty in e-commerce: an exploration of its antecedents and consequences. Journal of Retailing (2002) vol. 78 (1) pp. 41-50. Studies have shown that without a base of loyal customers, any company will struggle financially. (more…)


