Winner 2012 Best Blog of an SME, Ireland

We’re thrilled and honoured to have been chosen as Winner of the Best Blog of an SME, Ireland 2012.

 

 Winner Blog Awards Ireland

 

Fantastic news and only sorry I wasn’t able to make the Awards Ceremony on Saturday night. Thanks so much to all the organisers, volunteers and sponsors of Blog Awards Ireland and to all the other winners too.

http://www.blogawardsireland.com

 

Celebrity Brand Endorsement: 7 Tips to Getting it Right

Michael Jordan and Nike, Michael Jackson and Pepsi, Jennifer Lopez and Venus. For decades now branding giants have paid big bucks to get celebrities to endorse their brand and it’s not hard to see why. It can be a critical and very profitable part of your brand strategy.

 

 Jennifer Lopez Venus

 

From winning athletes to global superstars of the entertainment industry, the use of celebrities as brand ambassadors offers significant advantages to a company.

 

Celebrity endorsement is concerned with the strategic alignment of the celebrity brand and the marketing brand. A celebrity brand spoksperson can attract attention and generate emotional affinity with the brand in a way that may not be possible with traditional advertising.

 

 Michel Jordan Nike

 

A well-matched celebrity endorsement partnership can benefit the brand when the target audience transfers their admiration for the celebrity onto the brand, thereby allowing it influence their purchase decision making process.

 

As well as influncing the bottom line, aligning the brand with celebrity gives the brand greater access to more fans. The wider the fan base the larger the spread of the marketing message and the increased profitability of the brand.

 

 

7 Essential Tips to Getting the Right Celebrity Brand Match

 

Celebrity Brand Mismatch

In the same way brands develop a perceived brand image within their market, celebrities develop a public persona based on their professional achievements and public behavior. The closer aligned the brand image and celebrity image the better the return on investment of the celebrity endorsement.

 

Using a celebrity who’s public image, or what they stand for, which is incongruent or does not align with your brand’s message/image and what it stands for, will cause confusion and largely do more harm than good.

 

 

Damage to Reputation

The danger of using celebrities to endorse your brand is that any discrepancies in their personal life can damage the reputation of the brand. Celebrities as brand ambassadors should be looked upon as role models or inspirational people for your customers.

 

 Tiger Woods Tag Heuer

 

In associating your brand to the celebrity it is intended that their positive public image is reflected on to your brand. An athlete who tarnishes their reputation by using drugs instantly strips value from any brand they were endorsing. Tiger Woods lost millions in sponsorship deals when brands were quick to disassociate with him after his marital indiscretions.

 

 Tiger Woods Carlos Papi Baez 33778 Tiger Woods Sponsors

 

 

Brands Like Winners

Sporting heroes are admired because of their talent and performance. They are desirable brand ambassadors as they inspire audiences and positively influence purchase decisions, as long as they are winning…

 

There is a risk to brands when investing in a sporting partnership in case the athlete is ‘off form’ or performs poorly. The value of the sports celebrity to the brand is only as valuable as his or her performance in the field. The ROI often lies in the amount of media coverage they receive. A player who is not getting the pitch time offers little value to the brand.

 

Personality is also a factor. If the athelete is lacking in the personality stakes then they are of little value as a brand representative at consumer-facing events or brand-focused media activity.

 

 Brian Gillette Endorsement

 

According to a national survey, Brian O’Driscol is Ireland’s most admired sports personality, favoured by one in four irish adults. It is a combination of his performance on the field with his personality off the field that makes him appeal to consumers and the brand alike.

  

While the use of celebrity endorsers has been shown to improve brand recall, increase brand awareness and help develop brand image, the cost of signing up strong celebritiy role models as brand endorsers is often prohibitively expensive to small business.

 

Even by Irish standards, IRU players can command €10,000. for a single corporate appearance, never mind the cost of exclusive brand partnership deals. There are however a number of ways to align your brand with a celebritiy ambassador without bursting your budget

 

 

Gifting

If you have identified a celebrity that fits with your brand identity and can increase your market penetration or reach with your target audience then gifting your product to that celebrity may be a way of gaining greater exposure for your brand.

 

Neff Headware is now popular street wear among snowboarders, surfers and other boarding customrs. Unable to pay for celebrity endorsement in their early days the company sent their merchandise to up and coming influencers in the sport. When the audience began seeing the brand being worn by their sporting idols the demand for the brand sky-rocketed with the company enjoying a 300% increase in revenue over the last 3 years.

 

 

Equity

There is a growing trend of getting aspirational celebrities on board as brand ambassadors by offering them an equity stake in the company. This allows the company to land high profile endorsement while maintaining cash flow. Furthermore, the celebrity has an incentive to continue their association with the brand and continue to offer promotional support.

 

 

Influencers

Traditional celebrity endorsers were those that had wide audince recognition and influence. Some of the biggest influencers of the 21st centuary come not from entertainers and athletes but from those with a large online following.

 

 Fashion Bloggers 600px

 

Frequently bloggers have as wide and significant a reach as traditional celebrities and demand fees of far less to promote a brand. By redefining ‘celebrity’, brands can harness these people with an engaged internet following and use their online voice to fuel marketing campaigns for the brand.

 

 

Charitable Causes

Many celebrities rely on sponsorship to suplement their salary. Therefore remaining relevant and maintaing a positive public perception is equally important for their earning potential.

 

Celebrities that have had their reputations tarnished in some way often look to improve their public image by being associated with charities and non profits. Small companies can use cause marketing to find common ground with potential customers. For every pair of TOMS shoes purchased, the company gives a new pair of shoes to a child in need. This makes the brand attractive to celebrities in public disrepute.

 

Celebrity endorsement is not for every brand but it certainly broadens the potential customer reach for those that find a suitable celebrity match.

 

 

• Have you considered if your brand is suitable for celebrity endorsement?

 

• Does your brand strategy include elements that would be attractive to a potential celebrity ambassador?

 

• What do you think of celebrity brand endorsement?

 

 

Drop us a line we’d love to hear your thoughts.

Eco Packaging, Essential for Your Profitability and the Environment

‘Made from recycled material’, ‘Eco-friendly’, ‘Sustainable’. Packaging terms have never been so popular as a means of distuinguishing and developing brand image.

 

The past 24 months have seen a transformative mind-set from many leading global brands willing to change their process to ensure ‘performance with conscience’.

 

From retail giants ‘Gap Inc’ to FMCG brands like PepsiCo and Heinz, companies are committing to sustainable choices that work for the environment. But is a commitment to environmental stewardship a product of collective corporate conscience, or is there more to sustainable packaging choices than saving our planet?

 

Heinz Ketchup Bottle

  

While a move to more environmentally friendly packaging and processes can only be a good thing where the planet is concerned, for brands ‘going Green’ can offer considerable benefits.

 

 

Environmentally-Conscious and Customer-Friendly

 

A committment to environmental sustainability is now frequently cited by brands looking to offer increased value to their customers. Changes to packaging is, for many brands, the most efficient way to display the company’s environmentally conscious efforts to the public, and build a positive image that can be leveraged to strenghten brand value.

 

Greener packaging design fulfills the needs of a business trying to connect with its target consumers without sacrificing the environment. And big brands have taken note.

  

Pepsi Green Bottle

 

Pepsi developed the world’s first 100% plant-based PET bottle made from fully renewable sources. Coca-Cola, Ford, Heinz, Nike and P&G quickly followed suit in embracing PET technology.

 

Pepsi and Coke’s Green bottle  brings to life the essence of ‘performance with purpose’. Customers are now offered added value to their purchase. In fact PepsiCo added brand value to all their products by committing in 2010 to protect the earth’s natural resources through innovation and more efficient use of land, energy, water and packaging.

 

 

Brands are Increasingly Understanding that Sustainability is Inevitably Linked to Increased Revenue.

 

While the ability to adapt all manufacturing practices to more sustainable processes may be restricting for small brands in the short term, embracing eco-friendly packaging could be a smart move both for costs and customers alike in the long term. 

 

Paper Bottle

 

The move by big brands to change their packaging to lighter recyclable material certainly helps these brands embrace a committment to the environment, but it also greatly reduces their packaging weight and avoids huge landfill costs.

 

Consumer and political pressure is mounting for companies to refine their packaging along sustainable lines. It is increasinly likely that most packaing will be required to be made from sustainable materials in the not too distant future. Early movers in the area are likely to benefit from improved brand image and offer consumer’s additional value compared to market competitors.

 

 

A New Tactic for the War in Shelf-Space

  

Over the past few decades brands have attempted to boost their presence by introducing more sizeable, eye-catching packaging. However, modern day consumers are becoming increasingly environmentally aware and market savy. Customers are now more sceptical of excess packaging. They think if something is over-packaged then they reason that they will have to pay more for it.

 

*Recent studies found the 2/5 consumers said they were more likely to buy a product if it had less packaging than a rival. 56% of respondents said they opt not to buy products that have too much wrapping or wasteful packaging!

 

Wasteful Packaging

 

  

Attract the Right Attention

Package design is challenging enough with the everyday evolution of products but now there is the added complication of trying to successfully integrate sustainability into branding.

 

Brands need to use insights and innovation to develop packaging that cuts out waste and keeps customers coming back for more.

 

Eco-friendly packaging needs to be well designed, streamlined, bio degradable, and easily recycled or reused. When designed well eco-friendly packaging can be a selling point in itself.

  

For some brands it acts as a point of differention from market competitors. Puma’s redesigned Clever Little Bag is a great example. 

 

 

You dont have to be a global brand to embrace green packaging, some of the best examples in innovation come from smaller brands too. The Irish O’Egg brand is a great example of sustainable packaging design.

 

In order to ensure best product quality the preferred packaging material for eggs is moulded pulp fibre rather then plastic or polystyrene. Moulded pulp material is made from recycled paper and is strong yet soft enough to protect the eggs against breakage during transport or storage. Its also breathable, the moulded pulp absorbs shock, prevents loss of moisture and keeps the eggs from picking up undesirable odours and flavours. It’s also very eco friendly, compared to polystyrene, not to mention functionally much better for maintaining egg quality. 

 

O Egg White Eggs Icograda

 

Looking for increasingly efficient ways to package your product may seem like an unnecessary hassle but it could be worth it, on multiple levels, in the long run.

 

*36% of shoppers in the US in 2011 said they were likely to choose environmentally packaging. This is a 29% increase on 2010. Half of those surveyed said they were willing to pay for such packaging. One third said they bought more of a product if packaging was labeled “recyclable” or “made from recycled material”.

 

Boxed Water

 

Going green is inevitable. Brands who embrace their environmental conscious now can offer consumers increased value and reduce their operational costs in the long run.

  

• Is your product packaging cost efficient?

  

• Is your packaging really meeting consumer needs?

  

• Could your brand packaging offer more perceived value and differentiate your brand more distinctly from your competitors?

 

Stats: *Toluna Market Research