Apple Inc. Flashcards

1
Q

What is brand loyalty?

A

The tendency for people to purchase a particular brand repeatedly rather than those by other suppliers.

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2
Q

Why is Apple so successful?

A
  1. They have strong brand loyalty.
  2. Effective marketing.
  3. Their headquarters are located in Silicon Valley, so that they can benefit from other companies services.
  4. They use cheap labour.
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