Merits & Demerits of celebrity endorsements

  • Abhay Desai Vice President Marketing & Sales

Abstract

People buying a product endorsed by the celebrities has been happening for several decades and advertising firms use their communicative skills in convincing their clients that celebrity endorsement of a Brand is the best bet in the current circumstances because of the standardization of many products and inability of the companies to create a strong differential or USP in a product that can have temporary competitive advantage or sustained competitive advantage.   As a result, companies spend huge money on celebrities and this additional cost is finally passed on to the consumers who indirectly pay for the celebrities because of the higher price of the products. Of course there are merits in doing it when the company is not able to create a unique product or a product which is different from the competition but an attempt is also made to find out whether there are any disadvantages in doing it.

Published
2019-02-19
How to Cite
DESAI, Abhay. Merits & Demerits of celebrity endorsements. NOLEGEIN-Journal of Advertising and Brand Management, [S.l.], p. 32-35, feb. 2019. ISSN 2581-530X. Available at: <http://mbajournals.in/index.php/JoABM/article/view/231>. Date accessed: 25 may 2019.
Section
Research Paper