
Due to the variety of products offered on the market, more and more often consumers are guided not only by their quality (defined in various ways) or benefits provided, but also by the opinion about the company. The better it is, the more positively buyers react to the products offered. A positive corporate image or a well-known brand of the providers contribute to deepening the relationship with customers and increasing their loyalty. This, in turn, makes it easier to build a product offering in the future. It will mean shortening the process of making purchase decisions and confirming the accuracy of the choice made.
The purpose of this article is to indicate the importance of brand when choosing an insurer by farmers. The specifics of the insurance market in the agricultural segment seem to indicate that price is primarily important. According to popular opinion, if you can save money, the brand doesn’t matter. That is why the author verified the research hypothesis that brand awareness is important for farmers when choosing an insurer. The verification of the hypothesis is based on empirical research conducted by the author in 2020 on a sample of 500 farmers nationwide. The presented conclusions from the statistical verification confirm the hypothesis on the importance of the brand when choosing an insurer according to different criteria of this choice.
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