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Product Endorsement: Awayto Earn
Product Endorsement: Awayto Earn
ENDORSEMENT
A WAY TO
EARN
What is Product
Endorsement
A product endorsement is a form of testimonial
from someone which indicates that they like or
approve of a product. Commonly, product
endorsements are solicited from people who are
socially prominent, allowing companies to
advertise their products with statements like “as
used by such-and-such an actress,” or “the official
product of company.”
Types of endorsement
• Celebrity Endorsement
• Consumer Endorsement
WHO IS A
CELEBRITY???
•More Credible
•Believable
•Awareness
•Attracts attention
•Associative benefits
•Psychographic connect
•Demographic connect
•Mass appeal
HOW TO SELECT A CELEBRITY
•Trustworthiness
•Expertise
•Attractiveness
•Respect
•Similarity
• Ajay & Kajol are the brand ambassadors of Whirlpool. The
association came about two years back. According to Whirlpool, they
choose Ajay and Kajol as brand ambassadors because Kajol
represents what today’s woman aspires to be – balance
work and home beautifully. Her relationship with Ajay
represents an ideal modern-day couple’s aspired
relationship- one of equality, love and romance. Thus, they
embody the brand valuesWhirlpool has stood for. They are an integral
part of Whirlpool’s strategy to take the brand positioning forward
• On association with Whirlpool:
"Whirlpool believes in providing
world-class quality to its consumers.
Whirlpool is a
'‘Perfect partner to the demanding homemaker'
of today. Whirlpool's products are stylish, modern and contemporary
with elegant looks and reflect the sense of pride
homemakers take in choosing them for their homes."
• On association with Whirlpool:
1.Improper positioning
•Parker pen
•CADBURY •HAJMOLA
4. Dissatisfaction with
product quality.
Sachin endorsing FIAT PALIO,
but due to poor fuel effeciency
of the car, it sales took a
beating .
5. CONFUSION
Brand is overshadowed in the
overwhelming presence of
the star
e.g Britney spears in the
Pepsi ad.
The new breeding grounds for
celebrity
• IPL as existing new breeding ground for
both corporate as well as celebrity.
•AMITABH IN POLIO
–“ Do boond zindagi ki”
AMITABH in HIV-AIDS
• AAMIR in
INCREDIBLE
INDIA-“Atithi Devo
Bhava”
Risk Associated
• Fame is fickle and fleeting companion.
• Celebrities are human they also make mistakes.
• Magic Johnson lost his endorsements deals when he was declared
HIV- positive.
• Sourav Ganguly losing his caption ship even lost his mark in
advertisements.
• One should not just rely on celebrity instead linking brand
association with several celebrities.
Get your thinking caps on and come up
with better and safer idea.
E.g.:- Vodafone’s new brand ambassador-
• ZooZoo
CONCLUSION
Marketer pay a lot of money
to celebrity endorsee thinking
that this star will bring magic
to their brand.