Publisher's Synopsis
Research Paper (undergraduate) from the year 2023 in the subject Business economics - Market research, grade: Grade A, Anna University (Saveetha School of Management), course: Consumer Behaviour, language: English, abstract: In an increasingly disconnected world, where digital interactions often overshadow genuine human connection, could the brands we choose hold the key to alleviating our deepest feelings of isolation? This groundbreaking study delves into the profound relationship between customer loneliness and brand attachment, exploring how companies can transcend mere transactions to foster authentic emotional connections and build thriving communities. Uncover the hidden power of brands to act as social surrogates, mitigating the pervasive sense of loneliness that impacts consumer behavior and purchasing decisions. The research meticulously examines how brands can strategically address consumer loneliness through innovative marketing strategies, personalized experiences, and the cultivation of a sense of belonging. Discover how the evolutionary theory of loneliness provides a framework for understanding the psychological underpinnings of consumer behavior in the context of branding. This investigation explores how brands can measure and track the effectiveness of their efforts to combat loneliness, ultimately enhancing brand loyalty, risk aversion and creating meaningful, lasting relationships with their customers. Drawing upon a comprehensive literature review, the study synthesizes existing research on consumer loneliness, identifying key coping mechanisms, the impact of the post-COVID-19 era, and the role of gratitude in well-being. This insightful analysis offers practical suggestions for marketers seeking to build genuine connections with consumers, reduce loneliness and cultivate thriving brand communities centered around shared values and emotional connection, ultimately creating a win-win scenario for both consumers and brands in the modern age of soc