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A form of brand or advertising campaign that involves a well known person using their fame to help promote a product or service. Manufacturers of perfumes and clothing are some of the most common business users of classic celebrity endorsement techniques, such as television ads and launch event appearances, in the marketing of their products.
When you hire a celebrity to share there positive brand equity by promoting your brand and it's favorable features.
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Celebrity branding is a type of branding or advertising in which a celebrity becomes a brand ambassador and uses his or her status in society to promote or endorse a product, service or charity
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Paige has created a short presentation for the CEO that explains the benefits of using a celebrity endorsement for the new Jet-Air Rocket sneaker line. Paige has negotiated a deal with LeBarn Birkenstein, a top NBA basketball player, to appear in an integrated advertising campaign consisting of magazine, television, radio and social media advertisements. She hopes that the campaign can attract new customers and increase their market share.
Paige believes that there are many benefits to using a celebrity for their advertising campaign. The ability to build brand equity is a valuable asset. Jet-Air's brand power is acquired through the name recognition, which allows the company to achieve larger sales and profits. To a consumer, brand equity creates product/brand differentiation over the other competitors in the market. Another benefit to celebrity endorsements is that it increases consumer's remembrance of the ad. Paige showed her CEO studies that showed consumers are more apt to remember an ad that is linked with a celebrity endorsement. This can translate into a consumer search and purchase for the specific product, which can result in additional sales.
One of the strongest reasons for using a celebrity as a product endorsement is that it can link the product to the celebrity's skills. For example, Paige knows that her target market of teenagers will want to purchase the new sneakers because they believe that wearing them will help their own basketball skills. This product transference of a celebrity skill works for any product. Even Paige herself buys clothing from a television star's product line in order to look just as fabulous as the actress. Finally, Paige wants to use LeBarn in all advertising-related material to help the product stand out from competition. The CEO has his own concerns about using a celebrity to endorse their new sneaker line.
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