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January 1, 2025Siddhant- A Journal of Decision Making0 citations

Enhancing Customer Loyalty: The Critical Role of Customer Experience in Modern Business Strategies

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DBDurga Ch BarikSSSubrat Swain

Key Points

  • Customer experience improvements boost customer loyalty significantly, fostering deeper brand relationships.
  • The study highlights that businesses prioritizing customer experience can increase revenue by enhancing satisfaction.
  • Assessment focused on current business strategies and their effectiveness in enhancing customer engagement.
  • This emphasis on consumer preferences suggests that companies must adapt their strategies to thrive in competitive markets.

Abstract

AbstractIn today’s competitive business environment, offering unique products or services alone is insufficient for long-term success. Companies must prioritise improving the customer experience. This emphasis on customer experience fosters relationships that extend beyond traditional brand loyalty, aligning with the evolving market where consumer preferences are increasingly crucial. A company’s success depends on its ability to maintain engagement and satisfaction at every customer interaction, from product selection to post-purchase support. Companies like Kaya Skin Clinic show how a strategic approach to customer experience can create lasting impressions and loyalty, ultimately boosting revenue and shareholder value. This paper presents key strategies for delivering a positive customer experience, emphasising the importance of a comprehensive customer experience strategy that encompasses engaging the workforce, implementing proactive processes, and leveraging innovative technology.

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Cite This Study

Barik et al. (2025) studied this question.

synapsesocial.com/papers/68af5d5dad7bf08b1eae05b0https://doi.org/10.5958/2231-0657.2025.00017.4
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