Skip to main content

Marketing Insight: "Endorsements as a Strategy,” - The Making and Marketing of Professionals into Celebrities

 Read the following sources listed in the Marketing Insight: "Endorsements as a Strategy,”

a)    Irving Rein, Philip Kotler, and Martin Scoller, The Making and Marketing of Professionals into Celebrities (Chicago: NTC Business Books, 1997);

b)    Greg Johnson, "Woods Cautious Approach to the Green,” Los Angeles Times, July 26, 2000, p. A1; Bruce Horovitz, "Armstrong Rolls to Market Gold,” USA Today, May 4, 2000, p. 1B;

c)    Theresa Howard, "Pepsi Takes Some Fizz off Vanilla Rival,” USA Today, November 16, 2003;

d)    Keith Naughton, "The Soft Sell,” Newsweek, February 2, 2004, pp. 46-47;

e)    Betsy Cummings, "Star Power,” Sales & Marketing Management, (April 2001): pp. 52-59. 




Celebrity is the well known public figures who have high influencing power to public and are have high very large numbers of followers. The celebrities could be from any field such as music, dance, politics, sports and many more. These celebrities are often used as medium for communicating and flowing the message to the final customers. For this many companies hire and do the contract with well known celebrities as marketing strategies to influence high number of customers. This could help in retaining the old customers as well as attract new segments as well. Strong adverstisment campaign with the celebrity endorsement could be very helpful for higher sales of products and covering wider market share.

Celebrities are hired as brand ambassador paying millions of dollars for a single advertisement and extra charge as brand ambassador. They have power of influencing many follower, audience with their single appearance, speech or looks. This is because they are well known among public and often they are considered as separate from the brand. Their single view on the specific advertisement is considered as the sharing of their experiences and result shows so true and convincing to the public. Similarly their appearance on single advertisement makes a bigger difference in the eyes of customers. (Howard, 2003) The advantages of using celebrities are :

·Can influence the customers buying decisions
·Can build awareness about particular brand's product and services to potential and new customers
·Helps in creating the brand positioning in the market.
·Build trust and credibility of the brand. (smallbusiness.chron.com, 2015)

Everytime focusing on celebrity endorsement is not a good idea for the brand. This could costs companies to spend more on celebrities. It would not have any guarantee of 100% success as this leads to the future of company connected with the celebrity. Anything charge, mistakes or future worst case scenario with the celebrity could hamper the image of company so, attention need to paid during celebrity endorsement.

Reference
Howard, T. (2003). Pepsi takes some fizz off vanilla rival. Retrieved august 12, 2015, from usatoday30.usatoday.com: http://usatoday30.usatoday.com/money/advertising/adtrack/2003-11-16-pepsi_x.htm
smallbusiness.chron.com. (2015). five advantages of using celebrities advertising . Retrieved august 12, 2015, from smallbusiness.chron.com: http://smallbusiness.chron.com/five-advantages-using-celebrities-advertising-34394.html



Comments

  1. Replies
    1. Thank you . If you need any other information or notes you can mail us.

      Delete
  2. Mbl-Group-International Providing is a Marketing Services for Celebrities, Marketing Services celebrities Advertising and Styling for Leading A-list Celebrities specialize in Full Services for A-list Celebrities.

    Marketing Services Celebrities Advertising

    ReplyDelete

Post a Comment

Popular posts from this blog

What mental accounts do you have in your mind about purchasing products and services? Do you have any rules you employ in spending money? Are they different from what other people do? Do you follow Thaler's four principles in reacting to gains and losses?

Mental accounting is the set of cognitive operations used by consumer to code, categorize and evaluate financial outcomes of choices. Researchers have found the consumer handling their money by using mental accounting. While purchasing product and services I have following mental accounts in my mind: ·Product importance and its need: Before buying the product, the very first thing I see is the need of that product and its importance in my life and accordingly I'll make the decision of buying. ·Quality:  I will also see at the product quality. If it meet the standard quality of what I am looking in that product and make the decision of buying it. ·Price: I'll also look at the price, see it reasonable or not so that I could afford, or is the price is set as per its quality and is it worth to buy in that amount, and make the decision accordingly. ·Availability: While purchasing I'll also see whether that product is easily available or not and what kinds of products of which b...

What are the five stages of the consumer buying process? Through market research a consumer gathers information about the competing brands of a product and their features. The consumer then advances through four sets with respect to brands before a decision is reached. What are those four sets?

According to Kotler & Lee (2005), consumer buying process is a psychological process that plays an important role in understanding how consumers actually make their buying decisions. Consumer buying process helps individual decide what the specifications is that is wanted in the product. The five stages of consumer buying process are:  Problem or Need Recognition: Consumer buying process's first step is problem or need recognition. For consumer to buy goods or service they should have clear idea as to what is needed from the product. This step helps to identify the specific need that consumer wants in the product which they want to buy.  Information Search: After recognizing the need, information about the need is searched about the product. Informations like features, added benefits, and advantages of the product are searched. Through various sources like internal search and external search required information is gathered.  Evaluation of Alternatives: After se...

External Analysis and what does it show managers.

a. What is external analysis and what does it show managers? b. How does the concept of an organization as an open system relate to external analysis? c. What does each of the perspectives on organizational environments say? d. What role does environmental uncertainty play in external analysis? e. Why do managers need to do more than just scan the environment? 1) What is external analysis and what does it show managers? External Analysis can be defined as an analysis process that identifies the threats and opportunities for the company. In other words, managers are to conduct an external analysis. The identified opportunities and threats are to be factored in when developing strategies; that is, managers will seek to take advantage of opportunities and reduce the risk of threats, in attempts to reach the business' goals outlined in the mission. The manager's starting point will be to analyse the industry that the business operates in. There are various factors within the indus...