For Automakers, Brand Loyalty Hits The Skids
Not so long ago, brand loyalty played a major role in keeping the auto industry healthy. Many of our parents bought vehicles from one particular manufacturer, and they often inherited such preferences from their own parents. Here in the U.S., brand perception was frequently rooted in national pride: 40 years after VJ Day, my grandparents refused to so much as ride in a Japanese vehicle.
For manufacturers, that kind of brand loyalty made marketing easy and economical: why spend thousands of dollars trying to convince buyers that a particular car was right for them, when all they really needed to see was the Ford or Chevy or Chrysler badge on...
Not so long ago, brand loyalty played a major role in keeping the auto industry healthy. Many of our parents bought vehicles from one particular manufacturer, and they often inherited such preferences from their own parents. Here in the U.S., brand perception was frequently rooted in national pride: 40 years after VJ Day, my grandparents refused to so much as ride in a Japanese vehicle. For manufacturers, that kind of brand loyalty made marketing easy and economical: why spend thousands of dollars trying to convince buyers that a particular car was right for them, when all they really needed to see was the Ford or Chevy or Chrysler badge on... Read More
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