Showing posts with label advertisements. Show all posts
Showing posts with label advertisements. Show all posts

Wednesday, 9 November 2011

CELEBRITY ENDORSEMENTS!!

Businesses have long sought to distract and attract the attention of potential customers that live in a world of ever-increasing commercial bombardment. 
Through this post i would like to throw some light on how the increasing number of endorsements throw a valid question to the consumers. Is there a science behind the choice of these endorsers or is it just by the popularity measurement? What are the reasons which lead to impact of celebrity endorsement on brands?


We all know that Celebrity endorsements are impelled by virtue of the following motives:
  • Instant Brand Awareness and Recall.
  • Celebrity values define, and refresh the brand image.
  • Celebrities add new dimensions to the brand image.
  • Instant credibility or aspiration PR coverage.
  • Convincing clients.

Now, One of the valid questions is how compatible is the celebrity's personality with the overall Brand image?

It’s a well known fact that a celebrity is used to impart credibility and aspirational values to a brand, but the celebrity needs to match the product.

I would like to give you some examples of how marketers have not kept the above points in mind, which has adversely effected the image of the brand as well as the celebrities.

1.LOSS OF CREDIBILITY FACTOR

BIPASHA BASU first promoted HUL’s shampoo brand – Clinic All clear and then jumped to promote it’s rival P&G’s brand Panteen.


2.  PRODUCT CELERITY MISMATCH

Many see Amitabh Bachchan as a materialistic and overexposed actor who is not ready to sit on his laurels but works relentlessly to build a larger-than-life media image never seen or heard before in Bollywood.
Amitabh is endorsing everything - from pens to cars to hair oils to chocolates to paints.
Multi brand endorsements by the same celebrity would lead to overexposure: The novelty of a celebrity endorsement gets diluted if he does too many advertisements. This may be termed as commoditisation of celebrities, who are willing to endorse anything for big bucks.

Now can you connect Amitabh Bachan to a product like NEROLAC PAINTS Or NAVRATNA OIL or JUST DIAL for that matter???

The point I want to put across is People don't buy Nerolac Paints only because it is endorsed by Amitabh Bachan..


Another example Sachin Tendulkar endorsing brands like CASTROL , UJALA!!
           


IT WAS FINE TILL HE ENDORSED SUNFEAST, BOOST, VISA, MRF AND BRITANNIA BUT FOR HEAVEN SAKE INDIA'S GREATEST CRICKETER ENDORSING A STAIN REMOVER DETERGENT????


Yet another example : MADHURI DIXIT ENDORSING A DISH WASHING LIQUID



TILL SHE ENDORSED COMFORT IT WAS FINE BUT THIS IS SOMETHING REALLY NOT EXPECTED FROM A STAR LIKE HER!! No doubt  Madhuri looked young and charming, but acting like a kamwali bai in an add?  
There are at least two key dissonances here :
  • That MADHURI is endorsing a dish washing liquid - not something a star of her level generally does.
  • That MADHURI plays a kaamwali bai - in other words, a Maid - a significant fall in status, especially to help sell something.
All the three celebs I mentioned above are my favorites. They are people who have inspired me and whom I adore and look up to.
But just to be in the limelight or to jump to the endorsement bandwagon how far is it justified and wise to do ads which do are inappropriate to their personalities..??

Also another important thing is does celebrity endorsement create a positive  impact on the brand image?
I learnt from my professor that in a survey conducted in a remote area, to compare the two brands, "FAIR AND LOVELY"  & "FAIR EVER", the interesting result found was as under;
 An ordinary girl with wheatish/ dark complexion does not connect herself with the brand "FAIR EVER"  or the celebrity endorsing the brand only because she feels "FAIR EVER" is only for a gal as beautiful and far as the celeb endorsing it, i.e. Asin
She could connect herself more with  "FAIR AND LOVELY" as it is not endorsed by any beautiful or glamorous celeb,
      

The fact to be emphasized is that celebrities alone do not guarantee success, as consumers nowadays understand advertising. They know what advertising is and how it works. People realize that celebrities are being paid a lot of money for endorsements and this knowledge makes them cynical about celebrity endorsements.




WALK UR TALK !!


A couple of days back I had visited my cousin’s place and I found this Calendar by ICICI Bank, kept on my brother-in-law’s table. 

It is such a kind gesture of rewarding the customer by ICICI Bank, which not only talks “KHAYAL AAPKA”, but in every way walks the talk too!
Firstly, I must say, that the pains that they take to personalize the whole calendar and send it to all their valuable customers is remarkable!

 I have not seen any other bank doing something like this. This also goes to say that ICICI has a good MIS (Management Information System) and they manage and use the customer data efficiently.    



ICICI BANK NOT ONLY ADVOCATES THE BELOW MENTIONED POINTS BT DOES PRACTICES IT AS WELL!

  • While for a new business it is vital to attract new clients, for mature companies it is more efficient in terms of costs to retain existing ones. 
  • Remember that just one sale to a customer is not a satisfactory business strategy. 
  • Follow up after every sale, because content customers who see that you care, can become more easily regular ones. 
  • The best strategy for keeping your customers happy is to create an individualized relationship with them. Improve customer satisfaction by encouraging a constant contact between your company and your clients.
  • Communication and bonding are important elements in winning your customers' loyalty.


TALKING ABOUT THE ADVERTISEMENTS OF ICICI BANK
I have always found the TVCs of ICICI very sweet and heart-warming, wherein every commercial conveys the message “How little things make a difference and how ICICI strives to provide a fulfilling experience not just in terms of their efficient banking services but also that the little extra care that they put into servicing their customers.” 


Remember that TVC of ICICI celebrating a customer’s birthday with a ladoo…? 
http://www.youtube.com/watch?v=bchaVhyjV6k&feature=related

Another commercial where the communication strategy is that “Apart from your banking needs, we understand your human needs too.”
http://www.youtube.com/watch?v=HBTzN20dQyM&feature=related


It is a well known fact that satisfied customers  are the best promoters for the company/brand. Not only are they happy to be associated with a company valuing their needs but they spread positive word of mouth as well.

TAKE AWAYS FOR BUSINESSES :
It is not enough to create customer, the tough job is to retain him, to ensure repeated purchases by him, and to maintain long term and quality relationship with him . This is especially more relevant today, when customers are bombarded with a plethora of products/brands/service offerings. 
Not only  Knowing the customer, Valuing the customer, Responding to his problem, Providing him better service is important today but creating something called “Customer Delight” is also very essential. Customer delight happens only when you offer something to your customer more than what he expected, creating customer touch-points and making a value addition to the service offering. 
The irony is that many companies today give over-importance to achieve the target-sales and to pool in as many customers as possible. They forget to train their employees abt CRM(Customer Relationship Mangt) and most importantly listening to the consumer queries and complaints. From my personal experience, TATA DOCOMO, and AIRTEL claim big not only about their service offerings but also about their customer care dept. In reality, the services and the customer care dept of these two telecom companies suck bigtime! Forget about solving a problem, they do not even respond! I am sure a lot of my friends will agree with me on this.!

So my message to such companies is just by bringing in attractive actors to promote or market your product/brand won’t do any good. Because customers today are smart and intelligent enough to know the difference between what’s right and what’s not. Also they understand what advertising is. There is no way a company can fool around with the customer. So don’t make false claims and promises which you cannot fulfill.

STAND BY WHAT YOU PROMISE TO OFFER! WALK UR TALK!!!