WHEN CELEBRITY ENDORSEMENT SUCCEEDS!
Celebrity endorsement is defined as a form of brand or advertising campaign that involves a well known person using their fame to help promote a product or service. The basic principle is quiet simple, people like celebrities, so if a celebrity likes a product people will like it. According to industry sources, 20% of all television commercials features a famous person. I believe that celebrity endorsement is a good way for a company to promote its product through its consumers, celebrities appear in roughly one-fifth of ads, according to market researchers, and a single company like Nike might spend around half a billion dollars a year on endorsements . Celebrities greatly influence our consumer decisions in making purchases on certain products or brands. Advertisers have always found unique ways of getting the consumers attention, and elevating the status of a particular product. The Nike empire has many famous athletes sponsoring their product, such as Lebron James, Troy Polamalu, and Tiger woods. These athletes are just some of hundreds that Nike has sponsored over the years. From their endorsements, consumers are constantly seeing the best sports players in the world using Nike equipment, shoes, or other Nike brand products. This in turn gives one the sense of Nike being the best, since the best professionals are using it. Thus making the consumer want to buy Nike's products. Another great example is, Gillette's Mach Fusion advertisement featuring Tiger Woods, Roger Federer, and Thierry Henry, combined all three of the best golf, tennis, and soccer players in its razor commercial. "A sign of a celebrity is that his name is often worth more than his services.” - Daniel J Boorstin
Also, in my own point of view, I don’t think a bad celebrity endorsement that backfires can affect the consumer buying behaviour. According to Katyal. S (2011), Sainsbury’s encountered a problem with Catherine Zeta Jones, whom the company used...
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