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Globally,
‘celebrity endorsement’ is a very powerful marketing tool, employed
by firms to build their brand equity. In India, the Lux soap is
known to have been endorsed way back in 1941 by the then famous film
actress Leela Chitnis. The introduction of celebrity endorsement in
Indian TV advertising is marked by the commercials of 80’s featuring
Kapil Dev, Sunil Gavaskar and Tabassum endorsing various consumer
products. So, the potential of this concept has been well
acknowledged, and tried and tested on the Indian soil for over 70
years now.
Why Endorse?
The compelling reasons for companies to yield a strategic
position to celebrity endorsement in their marketing schemes vary.
Very frequently celebrities are roped in during new brand
introductions.
The basic idea
remains to cash on the popularity, credibility and mass appeal of
the celebrities which is expected to help raise awareness of the
brand, generate positive associations for it, and build purchase
intention among its prospective customers. Sometimes, it’s merely a
reactionary step meant to nullify the impact of celebrity
endorsement exercised by a competitor. The last decade also
witnessed a novel application of celebrity endorsements for crisis
management, manifested brilliantly in the Cadbury case to weather
the ‘worm’ storm. |