Four Factors (Plus One) Driving Celebrity Endorsements

AuthorWeston Anson
Pages215-225
215
Four Factors (Plus
One) Driving Celebrity
Endorsements
As a byproduct of all the research that we have looked at in the preceding chapters,
we also came to some key conclusions as to factors that are most important in driv-
ing successful celebrity endorsements. Generally, these really come down to four key
factors—plus one, as referred to in the heading above. Those four factors are the level
of celebrity, the level of endorsement, the level of use, and the level of connection. As
you will see below, we’ve analyzed these factors. Subsequently, we’ve applied them to
a number of athlete endorsement contracts, and in the section below you will find mini
case studies using the application of these factors.
Finally, there is one other key factor—and that is that there must be a lack of
negative publicity. Celebrities can be notorious. They can be the subject of enormous
amounts of buzz and Twitter activity. But there is that line across which a company
as a user of their rights of publicity doesn’t want them to cross. It is an invisible line
between notorious and negative publicity—and hard to define—but we all know when
it has been crossed.
And as we move deeper into this chapter we will look at case studies. However, our
predictive value equation remains the same: Persona (C + T) + (P × G) = Value. And
so it remains: context, time, product, and geography, combined with the personality
involved, will lead you to a value prediction prior to entering negotiations.
CHAPTER 14
ans50153_14_c14_215-226.indd 215 3/23/15 10:36 AM

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT