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MKTG4226– Social Media Management for Marketing

  • Regarding Celebrity Consumers and Spokespersons

  Prof. Aleem Visram
  Created by: Amanda Yee

  November 7th, 2012
Agenda

 • Introduction
 • Reasons for Sponsorships
 • How to Pick the Right Spokesperson
 • Good Example
 • Bad Example
 • Framework for What to Do
 • Conclusion
Introduction

 • Celebrity
        High-profile candidate
 • ‘Commercial Authority’ Figure
        Word-of-mouth Marketing
         Purchasing Behaviour
 • Sales increase of +20%!
 • Company Valuations of +0.25% on
   the same day
Reasons for Sponsorship

 1. Borrow Spokesperson’s Equity




         Raises Awareness
 “People wanted the shoes worn by the kid
   who could fly through the air and was
       averaging 28 points a game”
         Increase Sales
Reasons for Sponsorship

 2. Enhance Existing Brand Values




        Premium Brand
        $100+ per pair
        Association with World’s
          Greatest Basketball Player
How to Pick a Spokesperson

        1. Attractiveness of Celebrity
                Familiarity
                Likeability
                Similarity
        2. Credible
                Trustworthy
                Expertise
        3. Meaningful Transfer
Good Example – Bieber & Proactiv

 • Proactiv Solution

                Skincare Company
                Acne-Prone Skin
                 Teenagers 11-18


 • Popular amongst target market
 • Launched in 2010
 • So Successful it came back in 2012
Bad Example – Kardashian & Charmin

 • Charmin Restrooms




 • Kardashian = Luxury
 • Charmin = Commodity with
             Negative Connotations
 • Unaligned Values/Goals
Framework – What to Do

• Evaluate FIT
• Maximize Exposure
• Keep Celebrity Happy 
• Plan for Failure
        Worst-case Scenario
        Always Risk Involved
        No Control
• Always have a Game Plan Ready
Conclusion

• WOM Marketing = Most Influential

• Increase in “Celebrities”
        Through Online Discovery
        Identify Niche Markets

• Competition Increase

• Identify Perfect Candidate
        Better Positioning
Conclusion




         Thank You!
Discussion Question - #1



  Do you ever think word of mouth marketing (awareness
  brought about by consumers/ customers) will exceed or
     bring about the end of celebrity endorsements?
Discussion Question - #2


  Where can celebrities draw the line between simply being a
                 consumer and an endorser?


 Do you (and if you do, when do you) think it's appropriate for
                them to ask for compensation?
Discussion Question - #3




  Do you think the discovery of celebrities will continue to
                      increase online?
Conclusion




         Thank You!

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Amanda Yee - Celebrity Consumers and Spokespersons

  • 1. MKTG4226– Social Media Management for Marketing • Regarding Celebrity Consumers and Spokespersons Prof. Aleem Visram Created by: Amanda Yee November 7th, 2012
  • 2. Agenda • Introduction • Reasons for Sponsorships • How to Pick the Right Spokesperson • Good Example • Bad Example • Framework for What to Do • Conclusion
  • 3. Introduction • Celebrity High-profile candidate • ‘Commercial Authority’ Figure Word-of-mouth Marketing  Purchasing Behaviour • Sales increase of +20%! • Company Valuations of +0.25% on the same day
  • 4. Reasons for Sponsorship 1. Borrow Spokesperson’s Equity  Raises Awareness “People wanted the shoes worn by the kid who could fly through the air and was averaging 28 points a game”  Increase Sales
  • 5. Reasons for Sponsorship 2. Enhance Existing Brand Values  Premium Brand  $100+ per pair  Association with World’s Greatest Basketball Player
  • 6. How to Pick a Spokesperson 1. Attractiveness of Celebrity  Familiarity  Likeability  Similarity 2. Credible  Trustworthy  Expertise 3. Meaningful Transfer
  • 7. Good Example – Bieber & Proactiv • Proactiv Solution Skincare Company Acne-Prone Skin  Teenagers 11-18 • Popular amongst target market • Launched in 2010 • So Successful it came back in 2012
  • 8. Bad Example – Kardashian & Charmin • Charmin Restrooms • Kardashian = Luxury • Charmin = Commodity with Negative Connotations • Unaligned Values/Goals
  • 9. Framework – What to Do • Evaluate FIT • Maximize Exposure • Keep Celebrity Happy  • Plan for Failure  Worst-case Scenario  Always Risk Involved  No Control • Always have a Game Plan Ready
  • 10. Conclusion • WOM Marketing = Most Influential • Increase in “Celebrities”  Through Online Discovery  Identify Niche Markets • Competition Increase • Identify Perfect Candidate  Better Positioning
  • 11. Conclusion Thank You!
  • 12. Discussion Question - #1 Do you ever think word of mouth marketing (awareness brought about by consumers/ customers) will exceed or bring about the end of celebrity endorsements?
  • 13. Discussion Question - #2 Where can celebrities draw the line between simply being a consumer and an endorser? Do you (and if you do, when do you) think it's appropriate for them to ask for compensation?
  • 14. Discussion Question - #3 Do you think the discovery of celebrities will continue to increase online?
  • 15. Conclusion Thank You!