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When advertising increases brand loyalty for your company's brand, then the company's demand curve becomes:

Sagot :

Advertising often uses different ways to improve brand loyalty. The company's demand curve becomes more inelastic.

  • Brand  Loyalty is very important and beneficial to businesses because it can result to constant purchases by consumers, higher revenues, and customer referrals.

It is regarded as a positive association that consumers cling to a specific product or brand. Customers who show brand loyalty are always buying a product or service.

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