Celebrity endorsement is a common technique used in many marketing campaigns. There are pros and cons to featuring celebrities in video marketing.
Many famous people are used in marketing campaigns to promote products. People see these famous people in ads, on TV, and on social media. But does using celebrities in video marketing actually lead to increased sales of a product? The answer is yes, but there can also be some drawbacks that you may want to consider before choosing a celebrity to represent your brand. Here are some of the pros and cons of featuring celebrities in video marketing.
Celebrities are people that many people feel a personal connection to. People trust celebrities, so when they promote a product, it can make the brand more popular.
One example of successful video marketing is when actor Matthew McConaughey partnered with Lincoln Motor Company. Lincoln was having trouble getting people to buy their cars, and their market share had been dropping for years. In 2013 they hit a 32-year sales low. In 2014 McConaughey began appearing in ads for the car company that quickly propelled the carmaker into the social media spotlight and reinvigorated the brand. The campaign leads to a spike in brand awareness doubling metrics and tripling website traffic and an eventual increase in its market share.
Using a celebrity in your high-quality video marketing campaign can set your brand apart from competitors. This connection between the brand and its target audience can be created by using a celebrity that the target audience already knows and likes. When this connection is successful, it can improve ad recall, making viewers remember your ad and that your brand is connected to their favorite celebrity. Well-known examples of successful brand endorsements include Michael Jordan and Nike, Julia Roberts and Lancôme, Jennifer Garner and Capital One, and Jennifer Aniston and Aveeno.
Using a celebrity in your marketing campaign can be great for business. However, before you hire a celeb, there are a few things you should consider.
First, stars can be expensive. For example, Pepsi reportedly shelled out 50 million dollars for a 10-year endorsement contract with Beyoncé. Second, it's important to assess the potential return on investment to make sure the endorsement is worth the cost. If you market a product or service using a celebrity, it's important to do it the right way. If the ad focuses too much on the celebrity, people might not remember your brand. They'll only remember the celebrity.
When you sign a celebrity to represent your brand, you are agreeing to everything that comes with them. This includes both good and bad things. Usually, this means that the celebrity will help increase brand awareness and bring in some of their fans as customers. However, if a scandal occurs, it can be very bad for the brand. Some notable examples of this include OJ Simpson and Hertz, Paula Dean and Target, and Lance Armstrong and Nike.
There are ways to reduce the risk of scandal when choosing a celebrity to represent your brand. One way is to have a good selection process and to have a contract with a strong morals clause. This will help you get out of the deal quickly if things go wrong. You should also choose a celebrity who has a positive reputation and avoid any controversial figures. Make sure the celebrity appeals to your target demographic and fits your budget too.
Using celebrities in video marketing campaigns can be very successful. Celebrities have a lot of social media followers, so their endorsement can reach a lot of people. To take advantage of this, make sure you hire a professional video production agency that has experience working with celebrities and creating high-quality content that stands out on social media.
If you want to increase how much money your website makes, you can try having a celebrity promote your brand and products in a video.