MBA Alumni | MBA Students | MBA Aspirants | MBA Forums
--- MBA Home ---

CoolAvenues.com

offers
Advertising
Services

on the web  
 

Home     |    MBA Jobs      |     Knowledge Zone      |     Seminars      |     Placement Report      |     Admission Alert       |     café     |     Search

Marketing Management | "Impact of Celebrity Endorsement on Overall Brand"

Marketing @ Knowledge Zone

 Home

 Knowledge Zone Home

 General Management

 Finance

 Marketing

 Human Resource

 System

 Operations

 Knowledge Seminar

 MBA Forums
 Search
 Join e-Communities
 Be a CoolAssociate
 Give Suggestions

 Company Search
 
 

Subscribe:
Seminar & MDP Alert
   To keep yourself updated with the latest Seminars & MDP happenings in the country, join Knowledge Seminar& MDP mailing lists.


Latest Management Discussion on CoolAvenues Forums



Impact of Celebrity Endorsement on Overall Brand

- by Saurbh Katyal *

Previous

Page - 7

Associative Benefit: A celebrity’s preference for a brand gives out a persuasive message - because the celebrity is benefiting from the brand, the consumer will also benefit.

Mitigating a Tarnished Image: Cadbury India wanted to restore the consumer's confidence in its chocolate brands following the high-pitch worms controversy; so the company appointed Amitabh Bachchan for the job. Last year, when the even more controversial pesticide issue shook up Coca-Cola and PepsiCo and resulted in much negative press, both soft drink majors put out high-profile damage control ad films featuring their best and most expensive celebrities. While Aamir Khan led the Coke fightback as an ingenious and fastidious Bengali who finally gets convinced of the product's `purity', PepsiCo brought Shah Rukh Khan and Sachin Tendulkar together once again in a television commercial which drew references to the `safety' of the product indirectly.

Psychographic Connect: Celebrities are loved and adored by their fans and advertisers use stars to capitalise on these feelings to sway the fans towards their brand.

Demographic Connect: Different stars appeal differently to various demographic segments (age, gender, class, geography, etc.).

Mass Appeal: Some stars have a universal appeal and, therefore, prove to be a good bet to generate interest among the masses.

Rejuvenating a Stagnant Brand: With the objective of infusing fresh life into the stagnant 'Chyawanprash' category and staving off competition from various brands, Dabur India roped in Amitabh Bachchan for an estimated Rs. 8 crore.

Celebrity Endorsement can Compensate for Lack of Innovative Ideas Sometimes

Disadvantages of a Celebrity Endorsing a Brand

The celebrity approach has a few serious risks: -

Reputation of the Celebrity may Derogate after he/she has Endorsed the Product: Pepsi Cola's suffered with three tarnished celebrities - Mike Tyson, Madonna and Michael Jackson. Since the behaviour of the celebrities reflect on the brand, celebrity endorsers may at times become liabilities to the brands they endorse.

Next


* Contributed by -
Saurbh Katyal,
Symbiosis Institute of Management Studies (SIMS), Pune.

Post Your Comments       |       E-mail to Friend       |       Want to Contribute

Send this E-mail this Article

 

MBA Jobs
MBA Preparation
B-Schools
MBA Forums
About CoolAvenues
Senior Mgmt Jobs CAT / MAT/ CET Dean talk CAT Preparation Post a Job
Finance Jobs Admission Alert B-School Profile Executive MBA Advertise with Us
Marketing Jobs MBA Insider B-School Diary Career Help Contact us
HR MBA Jobs MBA Admission Process Summer GMAT Privacy
Operations MBA Jobs English Preparation MBA News Companies Copyrights
IT MBA Jobs MBA Abroad MBA Events B-Schools About CoolAenues
Consulting MBA Jobs CAT / MAT / CET test papers MBA Placements Summer Guidance
Resume Design Tips MBA in India Summers Guide Classifieds

© All Copyrights exclusive with Zebra Networks
Part or full of the contents can not be published, copied or reproduced
in any form without the prior written exclusive permission of Zebra Networks. Pls refer to CoolAvenues Copyright section.