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Rachna Chandiramani, heralds 15+ years of
experience in celebrity endorsements. She spent
the prime years of her career acing celebrity
endorsements while working at India's top celebrity
management agencies like Percept, Globosport and
Collective Artistes Network.
Thriverse stems from her deep-rooted knowledge of
a brand’s pain point to engage with celebrities. She
empowers brands to sign winning partnerships and
advocates fair deal structuring through the right
advice and methods.
ABOUT THE SPEAKER –
RACHNA CHANDIRAMANI
01
BEYOND
THE GLITZ
Delving into the World of Celebrity Endorsements
02
Ok, so what are
we here for?
03
WHAT YOU DON’T KNOW,
YOU DON’T KNOW
WHAT YOU KNOW
WHAT YOU DON’T KNOW
04
Today,
Brands and
Marketeers
are doing everything
to stay relevant to
their consumers
o Social Media Campaigns
o TV Commercials
o Offline Events & Activations
o Influencer Collaborations
o Discount Codes
o Customer Experiences
05
Our idea of a celebrity might change
with time but the symbiosis between
public figures and brands will never
stop being a thing.
celebrities
endorsing
brands
Among the many marketing strategies
a brand can adopt – The one thing that
stands the test of time is
06
07
Based on a recent
neuroscience-driven study
conducted by Wharton, it was
determined that,
Customers tend to rapidly
make favourable purchasing
choices when it comes to
brands endorsed by
celebrities.
Source: https://knowledge.wharton.upenn.edu/article/the-
marketing-psychology-behind-celebrity-endorsements/
Q1
How do I select a
brand ambassador or
the face of my brand’s
marketing campaign?
08
Advice
01
o Know why you
want the celebrity.
o Is there a match?
o You decide whom
to onboard
o Don’t let anybody
hard-sell you to a
particular celebrity
o Don’t be under
pressure
o Go big or Go
home isn’t the
right approach
Advice
02
Advice
03
09
Advice
01
Advice
02
Advice
03
AND REMEMBER -
o Know why you
want the celebrity.
o Is there a match?
o You decide whom
to onboard
o Don’t let anybody
hard-sell you to a
particular celebrity
o Don’t be under
pressure
o Go big or Go
home isn’t the
right approach
10
Advice
01
Advice
02
Advice
03
o Know why you
want the celebrity.
o Is there a match?
o You decide who you
want
o Don’t let anybody
hard-sell you to a
particular celebrity
o Don’t be under
pressure
o Go big or Go
home isn’t the
right approach
11
How much does a
celebrity charge for
an endorsement?
Q2
12
Advice
01
o There is no
rack rate or
rate card for
celebrity deals
o You are paying a
celebrity for their time
and face value
o We are dealing
with people
not products
Advice
02
Advice
03
13
Advice
01
o There is no rack
rate or rate card
for celebrity deals
o You are paying a
celebrity for their time
and face value
o We are dealing
with people
not products
Advice
02
Advice
03
14
Advice
01
o There is no rack
rate or rate card
for celebrity deals
o You are paying a
celebrity for their time
and face value
o We are dealing
with people
not products
Advice
02
Advice
03
15
What defines
the pricing of
a celebrity
deal?
Q3
16
17
Number
of Shoot Days
Category of
the Brand
Usage
Period of the Assets
created
Commitments agreed for
Social Media
Number of Mediums
broadcasted on
Territories covered
18
Number
of Shoot Days
Category of
the Brand
Usage
Period of the Assets
created
Commitments agreed for
Social Media
Number of Mediums
broadcasted on
Territories covered
19
Number
of Shoot Days
Category of
the Brand
Usage
Period of the
Assets created
Commitments agreed for
Social Media
Number of Mediums
broadcasted on
Territories covered
20
Number
of Shoot Days
Category of
the Brand
Usage
Period of the Assets
created
Commitments agreed
for
Social Media
Number of Mediums
broadcasted on
Territories covered
21
Number
of Shoot Days
Category of
the Brand
Usage
Period of the Assets
created
Commitments agreed for
Social Media
Number of Mediums
broadcasted on
Territories covered
22
Number
of Shoot Days
Category of
the Brand
Usage
Period of the Assets
created
Commitments agreed for
Social Media
Number of Mediums
broadcasted on
Territories
covered
23
Number
of Shoot Days
Category of
the Brand
Usage
Period of the
Assets created
Commitments agreed
for
Social Media
Number of Mediums
broadcasted on
Territories
covered
How is a celebrity
endorsement
deal structured?
Q4
24
FEE
BASED
EQUITY
BASED
REVENUE
SHARED
25
FEE
BASED
o Pay and smile
o Payments are staggered and
correspond with celeb
deliverables.
o Can be closed in a few days
to few weeks.
26
EQUITY
BASED
o There is still a fee involved in
most cases.
o Equity is usually sweat equity
o Depends on various factors -
revenue, P&L, valuation, DD
involved - just like any investor
conversation
o Turn around time is higher than
a fee based deal. (2-3 months)
27
o There is always
a MG involved.
o Several audit processes
are also involved to track
sales.
28
REVENUE
SHARED
How do I plan
the budget of a
campaign that
involves a
celebrity?
Q5
29
Advice
01
o Spend wisely
o If you overspend on
the celebrity, you
won’t have enough
left to promote
your campaign
o Don’t give away
equity easily
o Test waters,
before you take
the plunge
Advice
02
Advice
03
30
Advice
01
Advice
02
Advice
03
o Spend wisely
o If you overspend
on the celebrity,
you won’t have
enough left to
promote
your campaign
31
o Don’t give away
equity easily
o Test waters,
before you take
the plunge
Advice
01
Advice
02
Advice
03
32
o Spend wisely
o If you overspend
on the celebrity,
you won’t have
enough left to
promote
your campaign
o Don’t give away
equity easily
o Test waters,
before you take
the plunge
Ok, so my
budgets are clear,
but how do I
eventually draw
my contract?
Q6
33
The final deal is not just
going to be about what
you pay the celebrity or
what they give you.
Be aware of the other
terms well in advance.
Also, be clear of the
following factors -
34
Advice
01
o The entourage
(hairstylist,
make-up
artist, spot boy
etc.) that
accompanies
the celebrity
35
Advice
02
o Shoot Dates
- make sure
you plan in
advance
Advice
03
o Creative
Approvals
Advice
04
o Have a tight
contract -
cover all
essential
legal terms
Advice
01
o The
entourage
(hairstylist,
make-up
artist, spot
boy etc.) that
accompanies
the celebrity
36
Advice
02
o Shoot Dates
- make sure
you plan in
advance
Advice
03
o Creative
Approvals
Advice
04
o Have a tight
contract -
cover all
essential
legal terms
Advice
01
o The
entourage
(hairstylist,
make-up
artist, spot
boy etc.) that
accompanies
the celebrity
37
Advice
02
o Shoot Dates
- make sure
you plan in
advance
Advice
03
o Creative
Approvals
Advice
04
o Have a tight
contract -
cover all
essential
legal terms
Advice
01
o The
entourage
(hairstylist,
make-up
artist, spot
boy etc.) that
accompanies
the celebrity
38
Advice
02
o Shoot Dates
- make sure
you plan in
advance
Advice
03
o Creative
Approvals
Advice
04
o Have a tight
contract -
cover all
essential
legal terms
Getting access to
a celebrity today
isn’t difficult.
Getting the best deal
for your brand still is.
39
40
IF CELEBRITIES
GET TO HAVE
AGENTS
THEN BRANDS
SHOULD HAVE
THEM TOO!
41
42
THE SONNY TO YOUR NIKE
LET US BE

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D2C Insider Omni Channel - Beyond the Glitz by Rachna Chandiramani - Thriverse

  • 1. Rachna Chandiramani, heralds 15+ years of experience in celebrity endorsements. She spent the prime years of her career acing celebrity endorsements while working at India's top celebrity management agencies like Percept, Globosport and Collective Artistes Network. Thriverse stems from her deep-rooted knowledge of a brand’s pain point to engage with celebrities. She empowers brands to sign winning partnerships and advocates fair deal structuring through the right advice and methods. ABOUT THE SPEAKER – RACHNA CHANDIRAMANI 01
  • 2. BEYOND THE GLITZ Delving into the World of Celebrity Endorsements 02
  • 3. Ok, so what are we here for? 03 WHAT YOU DON’T KNOW, YOU DON’T KNOW WHAT YOU KNOW WHAT YOU DON’T KNOW
  • 4. 04
  • 5. Today, Brands and Marketeers are doing everything to stay relevant to their consumers o Social Media Campaigns o TV Commercials o Offline Events & Activations o Influencer Collaborations o Discount Codes o Customer Experiences 05
  • 6. Our idea of a celebrity might change with time but the symbiosis between public figures and brands will never stop being a thing. celebrities endorsing brands Among the many marketing strategies a brand can adopt – The one thing that stands the test of time is 06
  • 7. 07 Based on a recent neuroscience-driven study conducted by Wharton, it was determined that, Customers tend to rapidly make favourable purchasing choices when it comes to brands endorsed by celebrities. Source: https://knowledge.wharton.upenn.edu/article/the- marketing-psychology-behind-celebrity-endorsements/
  • 8. Q1 How do I select a brand ambassador or the face of my brand’s marketing campaign? 08
  • 9. Advice 01 o Know why you want the celebrity. o Is there a match? o You decide whom to onboard o Don’t let anybody hard-sell you to a particular celebrity o Don’t be under pressure o Go big or Go home isn’t the right approach Advice 02 Advice 03 09
  • 10. Advice 01 Advice 02 Advice 03 AND REMEMBER - o Know why you want the celebrity. o Is there a match? o You decide whom to onboard o Don’t let anybody hard-sell you to a particular celebrity o Don’t be under pressure o Go big or Go home isn’t the right approach 10
  • 11. Advice 01 Advice 02 Advice 03 o Know why you want the celebrity. o Is there a match? o You decide who you want o Don’t let anybody hard-sell you to a particular celebrity o Don’t be under pressure o Go big or Go home isn’t the right approach 11
  • 12. How much does a celebrity charge for an endorsement? Q2 12
  • 13. Advice 01 o There is no rack rate or rate card for celebrity deals o You are paying a celebrity for their time and face value o We are dealing with people not products Advice 02 Advice 03 13
  • 14. Advice 01 o There is no rack rate or rate card for celebrity deals o You are paying a celebrity for their time and face value o We are dealing with people not products Advice 02 Advice 03 14
  • 15. Advice 01 o There is no rack rate or rate card for celebrity deals o You are paying a celebrity for their time and face value o We are dealing with people not products Advice 02 Advice 03 15
  • 16. What defines the pricing of a celebrity deal? Q3 16
  • 17. 17 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 18. 18 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 19. 19 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 20. 20 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 21. 21 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 22. 22 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 23. 23 Number of Shoot Days Category of the Brand Usage Period of the Assets created Commitments agreed for Social Media Number of Mediums broadcasted on Territories covered
  • 24. How is a celebrity endorsement deal structured? Q4 24
  • 26. FEE BASED o Pay and smile o Payments are staggered and correspond with celeb deliverables. o Can be closed in a few days to few weeks. 26
  • 27. EQUITY BASED o There is still a fee involved in most cases. o Equity is usually sweat equity o Depends on various factors - revenue, P&L, valuation, DD involved - just like any investor conversation o Turn around time is higher than a fee based deal. (2-3 months) 27
  • 28. o There is always a MG involved. o Several audit processes are also involved to track sales. 28 REVENUE SHARED
  • 29. How do I plan the budget of a campaign that involves a celebrity? Q5 29
  • 30. Advice 01 o Spend wisely o If you overspend on the celebrity, you won’t have enough left to promote your campaign o Don’t give away equity easily o Test waters, before you take the plunge Advice 02 Advice 03 30
  • 31. Advice 01 Advice 02 Advice 03 o Spend wisely o If you overspend on the celebrity, you won’t have enough left to promote your campaign 31 o Don’t give away equity easily o Test waters, before you take the plunge
  • 32. Advice 01 Advice 02 Advice 03 32 o Spend wisely o If you overspend on the celebrity, you won’t have enough left to promote your campaign o Don’t give away equity easily o Test waters, before you take the plunge
  • 33. Ok, so my budgets are clear, but how do I eventually draw my contract? Q6 33
  • 34. The final deal is not just going to be about what you pay the celebrity or what they give you. Be aware of the other terms well in advance. Also, be clear of the following factors - 34
  • 35. Advice 01 o The entourage (hairstylist, make-up artist, spot boy etc.) that accompanies the celebrity 35 Advice 02 o Shoot Dates - make sure you plan in advance Advice 03 o Creative Approvals Advice 04 o Have a tight contract - cover all essential legal terms
  • 36. Advice 01 o The entourage (hairstylist, make-up artist, spot boy etc.) that accompanies the celebrity 36 Advice 02 o Shoot Dates - make sure you plan in advance Advice 03 o Creative Approvals Advice 04 o Have a tight contract - cover all essential legal terms
  • 37. Advice 01 o The entourage (hairstylist, make-up artist, spot boy etc.) that accompanies the celebrity 37 Advice 02 o Shoot Dates - make sure you plan in advance Advice 03 o Creative Approvals Advice 04 o Have a tight contract - cover all essential legal terms
  • 38. Advice 01 o The entourage (hairstylist, make-up artist, spot boy etc.) that accompanies the celebrity 38 Advice 02 o Shoot Dates - make sure you plan in advance Advice 03 o Creative Approvals Advice 04 o Have a tight contract - cover all essential legal terms
  • 39. Getting access to a celebrity today isn’t difficult. Getting the best deal for your brand still is. 39
  • 40. 40 IF CELEBRITIES GET TO HAVE AGENTS THEN BRANDS SHOULD HAVE THEM TOO!
  • 41. 41
  • 42. 42 THE SONNY TO YOUR NIKE LET US BE