Mahesh khadela Who Is Celebrity ?? Celebrity A celebrity is a person who is widely recognized in a society. Several attributes like attractiveness, extraordinary lifestyle are characteristics within a social group. wherein they generally differ from the social norm and enjoy a high degree of public awareness.
A sign of a celebrity is that his name is often worth more than his services.
What Is Celebrity Endorsement?? Celebrity Endorsement Celebrities act as spokes people in advertising to promote products and services. Why celebrity? Why Use celebrity?
Compared to other endorsers, celebrities achieve a higher degree of attention and recall. They increase awareness of a companys advertising, Create positive feelings towards brands Perceived by consumers as more entertaining Take advantage of a celebritys equity Break through media clutter Establish instant credibility Take advantage of a celebritys current media exposure
Celebrity Endorsements And Potential Problem
How Fair Skinned Are You??
INDIANS are Obsessed about how fair their skin is DARK SKIN DARK SKIN
FAIRER SKINNED GIRLS DO BETTER ON THEIR MARRIAGE MARKET Girls Want To Become Fairer
Indian Solution :
Indian Men have also used it sneakily over the years.
I ALSO USE SOLUTION SHARUKH KHAN : HE IS NOT FAIR Celebrity Endorsement A dark side view
Any brand can get a celebrity is easily , but getting the right person , for the right purpose , for the right brand is not easy . PITFALLS OF CELEBRITY ENDORSEMENTS ULTIMATE CELEBRITY ENDORSEMENT DISASTERS.. Personal life :
TIGER WOODS SCANDAL
Net Worth : $ 600 million Endorsements Earning: $ 65.2 M
Forbes Rich list : 1 ST RANK Tiger woods scandal: These are the companies which dropped tiger woods contract to endorse their brands in the wake of the scandal involving his extramarital affairs in 2009.
Total losses incurred by sponsor's post woods scandal plot Group of sponcers Percent loss Dollar (in Billion) All sponsor s 2.3 12.37 Big 5 2.4 8.11 Nike & Pepsi 4 5.71 Misbehavior : Lance Armstrong doping scandal Net Worth : $125 Million
Endorsements Earning: $ 20.0 Million
Forbes Rich list : 65 TH RANK Lance Armstrong doping scandal : These are the companies which dropped lance armstrong contract to endorse their brands in the wake of the scandal involving allegations that he used steroids during his racing career
Total losses incurred by sponsor's post armstrong Doping scandal
$75 million per year..??? Top celebrity endorsement disasters BRITNEY SPEARS FOR PEPSI IN 2003 Top celebrity endorsement disasters MIKE TYSON FOR PEPSI & BLACK ENERGY DRINKS AJAY JADEJA FOR CASTROL, BRITANNIA,PEPSI.. Top celebrity endorsement disasters KOBE BRYANT FOR NIKE & LENOVO.. S.SREESANTH FOR NIKE,PEPSI, KINGFISHER.. If I am going to be CEO of a company the celebrities I would prefer to endorse my products For international markets.. EXTINCTION MISBEHAVIOUR PERSONAL LIFE LOW REPUTATION For indian markets.. EXTINCTION MISBEHAVIOUR PERSONAL LIFE REPUTATION
Effectiveness depends on the existence of a 'fit
Effective match: Reid & Taylor and Amitabh Bachhan,
Establishing a Perfect Match
FIT HEALTHY PERFECT BODY SPORTS PERSON
FOR FITNESS FOR HEALTH CONSCIOUS SPORTS SHOE
BEAUTIFUL SLIM LIGHT WEIGHT ZERO FIGURE STYLISH SLIM LIGHT WEIGHT STYLISH SLEAK YOUNG STYLISH ENERGETIC CHOICE OF YOUTH FOR YOUNG PEOPLE ENERGETIC
Dearth of salesman Amitabh bacchan is one man brand industry. Nobody has that 6-to-60 universal appeal who can sell anything to India, and to Bharat. . Revolutionized the psychological trend of using Cadbury from 5-55 age group. A gift that helps foster relationships. Conclusion Endorsing a celebrity is a means to an end and not an end in itself