Celebrity endorsement and product branding are discussed in detail in the presentation above. The discussion comprises of several aspects regarding the theories behind endorsement, methodologies, causes and effects, choice of a celebrity and many more aspects being considered for the subject.
2. CONTENT
Definition
Need of celebrity endorsement
Stages of endorsement
Strategies for endorsing a product
Impact
Endorsement returns
Conclusion
3. Who is a celebrity
Celebrities are the people who enjoy public recognition by a large
share of a certain group of people and can influence life of people.
Celebrities are:
Actors
Models
Sports figure
Entertainer
Pop star
Business man
Politician
Fictional celebrities
5. Definition
Celebrity endorsement is a marketing
strategy involving the use of celebrities
to advertise for a brand with an eye on
increasing the product sales or
increasing the awareness of the brand
by leveraging the awareness levels of the
celebrity.
6. Need for endorsement
Increase the sale.
Establish a company or a business.
Easily recall the product or brand.
Attract more attention.
To co-ordinate across diverse sets of customers.
10. FMCG( FAST MOVING CONSUMER GOODS )
FMCG Percentage contribution
Food and Beverages 36%
Personal care products 26%
Hair care products 13%
11. Endorsement Returns
Advantages
• Influencing consumer decision.
• It helps advertisement to stand out from clutter.
• Rejuvenating the stagnant brand.(Breathe life
into a failing brand.)
• Building brand awareness
• Connect emotionally and quickly.
• Helps to recover company’s image.
12. Disadvantages
• Change in celebrity’s image easily affects the brand image.
• Overexposure of celebrities.
• Multiple endorsement.
• Inconsistency in the professional popularity of the celebrity.