Advent Blog
Experiential Marketing and Star Power
by Bill Taylor
Celebrity Sells, Celebrities Sell, and Consumers Buy
Why fueling your brand with star power works: AUTHENTICITY
What can Lebron James, Tiger Woods, and pop-star upstart Rhianna teach us about experiential marketing?
Marketing is about opening the door between consumer and brand. Marketers continually search for other keys, picks, sledge hammers, or whatever else they can find to create a connection and open this door. Since the olden days of Bob Hope and American Express to Michael Phelps’ recent record setting post-Olympic endorsement deal, celebrity advertising has been a favorite promotional tool.
If celebrity endorsement is the key that unlocks the barrier between consumer and brand, then the hinge upon which the whole contraption swings is authenticity. A brand can take off faster than Super Mario flashing with star power if consumers believe that a celebrity actually uses their product. That is the real star power.
Sports companies find celebrity endorsements especially lucrative. In 2007 Tiger Woods garnered an estimated astronomical $100 million from endorsements alone. He is on pace to surpass 1 billion (that’s right, billion with a ‘b’) by 2010 and become the world’s first billionaire athlete. Of all this wealth, only bout one-tenth of it comes from prize money.
It is not uncommon that the sum total of endorsement deals to vastly exceed athletes’ performance related earnings. But why are companies so eager to throw their money at star athletes? The returns are phenomenal. In Tiger’s case, he has been credited with the explosion of Nike Golf, which was non-existent in 1996 and last year recorded over $600 million in sales.
In the world of marketing Nike reigns supreme. Look at Nike and Lebron James. The beauty of the relationship is that you can turn on your TV and watch him careening through the lane like some sort of terrible flying freight train over and through would be defenders; all the while you can see the Nike logo swooshed across his airborne feet. You cannot get more authentic than that…
…Or can you?
EVEN MORE!
Celebrities are increasingly looking to develop a real connection to whatever they do. By offering creative input on the design of the shoes that bare his name, Lebron has effectively blurred the distinction of where Nike starts and he ends. That is great marketing!
Rhianna, the grammy winning teenage upstart from Barbados, created and endorsed her own line of customized glittery umbrellas for Totes Isotoner after her hit song entitled, appropriately, “Umbrella.” In a recent New York Times article she says,
“We’ve worked hard to build me and my name up as a brand. We always want to bring an authentic connection to whatever we do. It must be sincere and people have to feel that.”
Rhianna designed a product that she was proud to be connected with. Totes is proud to be connected with her popularity. And consumers are pleased to be connected to Rhianna’s success through the product she endorses. What results is a big happy symbiotic relationship in which all parties win.
INCREASE YOUR AUTHENTICITY
Celebrity endorsement may not be a good fit for every brand but the principle behind its success is universal. Consumers crave what is real. You must nurture a relationship with your customer that lets them experience the true nature of your product in a way that is memorable and relevant. You should be heavily involved with your company’s marketing strategies just like Lebron and Rhianna. If you are looking to strengthen your brand and boost sales here are some tips to increase authenticity:
Tips to increase authenticity:
- Honesty — Enough said.
- Create Experience — Personal experience is as real as you get.
- Creativity — Search for new ways to create high impact personal experiences.
- Consistency — With any decision ask, “Is this on brand?”
- Face-to-face — It is proven to be the most effective form of marketing. Through targeted events, parties, and meetings you can create real relationships.
- Imagery — Choose meaningful imagery to convey the true essence of your brand.
- Convey Emotion — Convey the honest emotional response to your product.
- Internal branding — Make sure your employees know what you are about. They are your ambassadors.
- Brand management — Hire a marketing firm with a strong listening and learning phase. Your marketing team must understand your brand before they can communicate it.
The heyday of generic mass marketing is gone. No longer will plastic molded identical TV commercials dominate marketing. These tactics are losing efficacy as consumers are bombarded with a daily barrage of corporate advertisements, images, and messages. More personal methods are winning out.
High touch, believable marketing techniques like face-to-face targeted events or custom created environments resonate with consumers. These experiences are personal and memorable. Experiential marketing works. Why? Because Tiger Woods wears Nike and and you know it’s true. Because, with your own eyes you can watch him, hobbled and destitute, overcome a desperate deficit to win the U.S. Open; and do it wearing his Nikes. Authenticity is the nitro that fuels a successful marketing machine.
Related Articles:
- Authenticity: What Consumers Really Want
- Presentation and Authenticity in Marketing
- Nothing Sells Like Celebrity
- Olympic Gold Medalist Dives into Endorsement Deal
- Path to the Zoom LeBron IV: LeBron apparel preview
- Tiger Woods, The Next Billionaire?
Advent thrives at the forefront of the cutting edge experiential marketing industry. Through quality service and implementation Advent has helped rapidly growing companies communicate the essence of their brand and vision domestically and abroad through exhibits, events, and office environments. Based in Nashville, Tennessee, the company is a creative industry leader with Fortune 500 clients like VF Corp and Mars, International. For more information, visit www.adventresults.com.
Tags: authenticity, brand, Experiential Marketing, promotion, sponsorship, tips




July 17th, 2008 at 5:16 pm
Great post. I will read your posts frequently. Added you to the RSS reader.
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