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Consumers' Trust in a Brand and the Link to Brand Loyalty
Authors:Geok Theng Lau  Sook Han Lee
Institution:(1) Department of Marketing, National University of Singapore, FBA1, 15 Law Link, Republic of Singapore, 117591;(2) Singapore Telecommunications Private Limited, Singapore
Abstract:Brands are important in the consumer market. They are the interface between consumers and the company, and consumers may develop loyalty to brands. This study proposes that trust in a brand is important and is a key factor in the development of brand loyalty. Factors hypothesized to influence trust in a brand include a number of brand characteristics, company characteristics and consumer-brand characteristics. Respondents representing a broad spectrum of Singapore consumers were surveyed. The findings reveal that brand characteristics are relatively more important in their effects on a consumer's trust in a brand. The results also show that trust in a brand is positively related to brand loyalty. Marketers should, therefore, take careful consideration of brand factors in the development of trust in a brand.
Keywords:trust  loyalty  branding
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