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Creating Consumer Loyalty in the Field of Using Over-the-Counter Products

Open Access
|May 2020

Abstract

Consumer behaviour, primarily in terms of examining consumers’ loyalty, as one of the key marketing ideas, represents a subject of consideration in many areas. One of them is pharmaceutical marketing. This paper places a special focus on the examination of over-the-counter products, i.e. it tries to identify which variable has the greatest impact on loyalty towards these products. By using the quantitative analysis, it was examined whether perceived risk, pharmacist expertise, promotional activities and price sensitivity affect the creation of consumer loyalty. In addition, the aim was to determine whether consumer loyalty to over-the-counter products results in buying behaviour. Based on the applied correlation and regression analysis, it was confirmed that perceived risk and pharmacist expertise have a statistically significant impact on consumer loyalty, and that there is a statistically significant relationship between consumer loyalty and readiness to purchase.

DOI: https://doi.org/10.2478/ethemes-2019-0001 | Journal eISSN: 2217-3668 | Journal ISSN: 0353-8648
Language: English
Page range: 1 - 20
Submitted on: Dec 9, 2018
Accepted on: Feb 28, 2019
Published on: May 4, 2020
Published by: University of Niš, Faculty of Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 4 times per year

© 2020 Srđan Šapić, Milan Kocić, Katarina Radaković, published by University of Niš, Faculty of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.