Verified Document

Celebrity Marketing Companies Today Spend Millions Of Term Paper

Celebrity Marketing Companies today spend millions of dollars on celebrity endorsements, reflecting the fact that celebrity dominates our culture. However, doing so presents not only rewards, but also a variety of risks. This paper explores the use of a sports star such as Real Mardrid's David Beckham and pop star Robbie Williams to illustrate why this is true.

According to an article in strategic marketing, the major benefits of using celebrities for marketing are:

Establishes Credibility: Approval of a brand by a star fosters a sense of trust for that brand among the target audience.

Attracts Attention: Celebrities ensure attention of the target group by breaking the clutter of advertisements and making the ad and the brand more noticeable.

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.

Psychographic Connect: Stars are adored by their fans and advertisers use stars to capitalize on...

One reason preventing success may be that the image of the celebrity doesn't match the positioning of the product. For example, the use of a sports or pop star might be more appropriate for a sports car rather than a family car. Further, if the celebrity used represents values that conflict with the brand values and positioning, the advertising will create a conflict in the minds of the target audience who may reject the proposition.
Even if the company does a good job of picking an athlete such as Beckham, his ability to serve as a role model for youth may be damaged if he is later caught engaging in some illegal activity…

Sources used in this document:
Bibliography

Khatri, Manoj. "Is it Smart to Use Celebrity Endorsements for Branding?" Strategic Marketing Available: http://www.etstrategicmarketing.com/SmMay-June04/art2.html (Accessed 18 May 2005).

Khatri, Manoj. "Is it Smart to Use Celebrity Endorsements for Branding?" Strategic Marketing Available: http://www.etstrategicmarketing.com/SmMay-June04/art2.html (Accessed 18 May 2005).

Ibid.

Ibid.
Cite this Document:
Copy Bibliography Citation

Related Documents

Celebrity Endorsement Strategy: An Investigation Using Nike's
Words: 6741 Length: 25 Document Type: Essay

Celebrity Endorsement Strategy: An Investigation Using Nike's relationship with Federer as an example, the paper analyzes the use of celebrity endorsement strategy of the brands beginning from choosing the right celebrity figures until the final results of the strategy. Many industries promote their products by hiring the services of influential celebrities who advertise the products in question. The celebrity has to have various characteristics in order to be seriously considered

Marketing - Nike: Company Analysis Nike: A
Words: 4320 Length: 15 Document Type: Research Paper

Marketing - Nike: Company Analysis NIKE: A Genius World of Advertising and Marketing The media bombards society with commercial messages daily, both written and spoken. There are, for example, the easily forgettable newspaper ads, the brightly colored billboards on the highway that one can see while driving, or on the side of buildings, the man or woman sitting on the side of the road with a flyer, or the boring radio commercials. There

Emotional Drivers Towards Swarovski's Brand
Words: 12508 Length: 38 Document Type: Literature Review

The luxury brands in this age of fierce and intense competition perceive and believe that the conventional methods of advertising and promotion are only an itinerary that creates the knowledge and awareness amongst the consumers. Nevertheless, targeted marketing (that represents the emotional driving force) is becoming the primary and fundamental aspect of concern that many of the brands are focusing in order to create emotional engagement with the consumers that

Whole Foods Competitive Forces and
Words: 2184 Length: 8 Document Type: SWOT

The analysis of the weaknesses and threats are based on an analysis of the companies' filings with the Securities and Exchange Commission (SEC), specifically their annual reports, 10Qs and periodic filings of business activity. Table 2: While Foods SWOT Analysis Strengths: Continued revenue growth despite a challenging economy Well-executed growth strategy domestically in the U.S. And globally Strong growth in brand equity and value as a trusted advisor in organic foods Strength in acquiring and

Managing Reebok
Words: 3405 Length: 10 Document Type: Term Paper

Managing Reebok History of Reebok The company of Reebok started in England in around 1890 to provide shoes which could help athletes run faster. The cleated running shoes were developed by Joseph William Foster and he had then started a company to make hand-stitched athletic shoes for the runners of that time. The enterprise continued in that manner and started with the name of Reebok International due to the starting of a

Nike the Business Case Written
Words: 882 Length: 3 Document Type: Term Paper

The case is written in a simple but comprehensive manner, focused on the main highlights of Nike's activity. It is useful for the specialized economists as it presents real and clear facts, but it can also be useful to the novice economist or the simple individual, who wishes to get some insight into the Nike culture and ways. The main purpose of the report is to inform the reader about the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now