a company's perspective on whether to use celebrity endorsement vs youtube endorsement
DESCRIPTION
The Pros and Cons of A Company's Perspective on whether to use Celebrity Endorsement vs Youtube EndorsementTRANSCRIPT
Meet JOE
Hmm!
Celebrity Endorsements
Sexy Dancer Legs
• Ensured Attention– PR coverage
– Higher degree of recall
15-20million $!
• Rejuvenating a stagnant brand– Compensate for lack of innovative ideas.
• Mass Appeal– Psychographic Connect
– Demographic Connect
• CO-Creation
Hmmmm.....
.
There are risks...
• The vampire effect
What brand was she promoting again?
• Mismatch between the celebrity
and the image of the brand
• Multi brand endorsements by the same
celebrity would lead to overexposure
– Celebrities endorsing one brand and using
another (competitor)
• Cost
• The reputation of the celebrity may
derogate after he/she has endorsed the
product.
– Inconsistency in the professional popularity of
the celebrity
In the end people always forget...
So Does it Work?
4%
78% 18%
According to Adweek...
BUT
Brand Awareness/Equity
Hmm!
YouTube Celebrity Endorsements
• Cost
–Promotional tactics
Contests
Promo Codes + Discounts
• Specified Target audience
–More relatable and trusted by
consumers
New and starting companiesCompanies only selling online
• Measurement of success
–Feedback
11, 038,984 Views!
• Less Risk
–Can pull out without being noticed
–Can use multiple Youtube celebrities
There are risks...• http://www.gurugossip.net/t394p175-bad-experience-with-products-gurus-rave-about
• Youtube personalities must state that
the product was endorsed
Juicy Tuesday
Fowler Sisters
• It stays on YouTube
Forever...
So Does it Work?
55%
6% 39%
According to my own research...
BUT
Increase Sales/ Gain new consumers to
try it out
The ultimate product: The Clarasonic
Step 1 Step 2
Step 3
Step 3