WASHINGTON, DC — The answer to the age-old question “what’s in a name” might just be profits, according to a new survey report from B2B service review platform Visual Objects.
The report found that 43% of US consumers are loyal to at least one food and beverage brand, and recognizable names and high-quality products keep them coming back for more. The brand loyalty to food and beverage companies is stronger than loyalty to any other industry, proving that it has major influence over purchasing decisions.