Analysis of Celebrity Endorsement in Customer Packaged Goods
Analysis of Celebrity Endorsement in Customer Packaged Goods
Introduction
Today's market has a high purchasing power, but it is also very competitive. It is for this reason that in order for marketers to survive they must come up with more innovative ideas that can have an impact on the consumer base The real challenge for marketers is grabbing attention, educating people, and establishing a specific place in the minds of consumers. Due to this, most companies rely heavily on advertising as part of their modern marketing strategy.
Beginning with the earliest written records, advertising has been around for centuries. Archaeologists excavating in the Mediterranean region have found signs announcing various events and offers, according to the National Geographic. In ancient Rome, gladiator fights were announced by painting walls, while in Phoenicia, wares were advertised by painting pictures on large rocks along parade routes Despite this, modern advertising is a far cry from these early attempts (Kotler & Armstrong, 2005, p. 455). Due to its positive impact on consumer buying behavior, advertising has become a dominant and leading marketing tool today (Malik, et al. 2013, p. 117). The goal of every advertisement is to raise customer awareness and generate interest in a product or service.
Conclusion
Statistics showed that celebrity trustworthiness, expertise and attractiveness had a positive impact on consumer purchasing behavior. Results also showed that the majority of consumers agreed that celebrity endorsers helped to raise the profile of a product or service. According to consumers, seeing an advertisement featuring a well-known celebrity would help draw their attention to the brand. As a result of the celebrity endorsement, consumers were able to more easily identify a product, as well as differentiate between different product brands in the market, resulting in better product knowledge and increased confidence in their purchase decisions.
Comments
Post a Comment