MODERN APPROACHES TO FORMING CONSUMER LOYALTY IN THE FURNITURE MARKET

The modern furniture market is characterized by dynamic changes in consumer preferences, increased competition and the active introduction of digital technologies. The article examines key approaches to the formation of consumer loyalty by organizations in the furniture industry, taking into account changes in the market environment, as well as factors influencing customer loyalty. The study is based on data from analytical reports and publications examining the impact of personalization, digitalization, and omnichannel on customer satisfaction. Examples of successful loyalty programs and their impact on purchasing behavior are analyzed. Particular attention is paid to the implementation of multi-level loyalty programs, referral programs and gamification as ways to increase the competitiveness of furniture brands. The article offers recommendations for furniture companies on adapting loyalty strategies to current market conditions and developing longterm relationships with customers.

Authors

Publication Details

Journal
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Published
2025-01-01
DOI
https://doi.org/10.36871/ek.up.p.r.2025.01.14.002
Primary Topic
Diverse Scientific Research in Ukraine
Type
article
Field-Weighted Citation Impact
0.00
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article

MODERN APPROACHES TO FORMING CONSUMER LOYALTY IN THE FURNITURE MARKET

Світлана Володимирівна Зінченко, Evgeniy A. Chindyaev
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Diverse Scientific Research in Ukraine
article

MODERN APPROACHES TO FORMING CONSUMER LOYALTY IN THE FURNITURE MARKET

Світлана Володимирівна Зінченко, Evgeniy A. Chindyaev
article en

Abstract

The modern furniture market is characterized by dynamic changes in consumer preferences, increased competition and the active introduction of digital technologies. The article examines key approaches to the formation of consumer loyalty by organizations in the furniture industry, taking into account changes in the market environment, as well as factors influencing customer loyalty. The study is based on data from analytical reports and publications examining the impact of personalization, digitalization, and omnichannel on customer satisfaction. Examples of successful loyalty programs and their impact on purchasing behavior are analyzed. Particular attention is paid to the implementation of multi-level loyalty programs, referral programs and gamification as ways to increase the competitiveness of furniture brands. The article offers recommendations for furniture companies on adapting loyalty strategies to current market conditions and developing longterm relationships with customers.

EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYAVol. 1/14(154)
Openalex Percentile: Top 92%
Diverse Scientific Research in Ukraine
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