Jeweller - September 2020
Best of the bench: Show-stopping pieces from local jewellers Star power: Assessing the value of celebrities and ambassadors in brand marketing Amazon effect: How small businesses can learn from online mega-retailers
Best of the bench: Show-stopping pieces from local jewellers
Star power: Assessing the value of celebrities and ambassadors in brand marketing
Amazon effect: How small businesses can learn from online mega-retailers
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MARKETING REVIEW | Brand Ambassadors<br />
L to R: Gisele Bündchen, Kate Moss, and Kate Upton for David Yurman<br />
Spotted’s algorithm can apparently<br />
predict the likelihood of a celebrity<br />
engaging in activity which could damage<br />
the reputation of their associated brands.<br />
Perhaps the most spectacular example<br />
of public image free-fall is Tiger<br />
Woods. Regarded by many as the finest<br />
golfer in history, he demonstrated<br />
professionalism, single-mindedness<br />
and a will to win that was second to<br />
none. Combining that with his image as<br />
a wholesome family man, Woods was<br />
the advertising world’s equivalent of<br />
Leonardo Da Vinci’s Vitruvian Man.<br />
He was paid product endorsement fees<br />
that made him the highest-earning<br />
sports star on the planet. But following<br />
revelations of misdemeanours in his<br />
private life, one by one, Woods’ sponsors<br />
– including Gillette, Accenture, AT&T and<br />
Gatorade – dropped him like a stone.<br />
Despite initially standing by him, watch<br />
brand TAG Heuer, widely regarded as<br />
one of the best ‘matched’ brands for<br />
Woods, severed its relationship with him<br />
in 2011. Yet he was quickly able to secure<br />
a new association with an even more<br />
prestigious watch brand: Rolex.<br />
At the time, Rolex said in a statement:<br />
“Tiger Woods still has a long career ahead<br />
of him, and… has all the qualities required<br />
to continue to mark the history of golf.” The<br />
prediction proved prescient. In the years<br />
since, Woods has managed an incredible<br />
comeback story.<br />
Following four back surgeries and a 11-<br />
year major title drought which saw him<br />
drop out of the top 1,000 golfers, Woods<br />
won the 2019 Masters at age 43; on his<br />
wrist was a Rolex Deepsea.<br />
Sponsorship analytics firm Apex<br />
Marketing Group estimated that Woods’<br />
other long-term sponsor, Nike, profited<br />
from the fairy-tale narrative to the tune<br />
of $US22.5 million – nearly double the<br />
estimated value of Patrick Reed, who won<br />
the Masters in 2018.<br />
Another example of the fraught<br />
relationship between watchmakers and<br />
celebrities is that of Raymond Weil.<br />
In 2005, the brand struck a multimillion<br />
dollar deal with actress<br />
Charlize Theron to make her the<br />
international ambassador for the<br />
company, and the star of an expensive<br />
advertising campaign.<br />
Despite her contract stipulating<br />
exclusivity, Theron later caused a stir<br />
when she appeared in the catalogue of<br />
a leading US watch retailer sporting a<br />
diamond-encrusted timepiece by Dior –<br />
for whom she is a perfume ambassador.<br />
Celebrity endorsement could<br />
positively impact attitudes<br />
toward the endorsed product<br />
if there was a clear ‘match’<br />
between the celebrity and the<br />
product. Actors performed best<br />
as endorsers, followed<br />
by athletes, TV hosts, models<br />
and musicians.<br />
Intriguingly, Theron is now one of three<br />
actors contracted to promote Breitling<br />
watches, alongside Brad Pitt and<br />
Adam Driver.<br />
Meanwhile, billionaire Virgin founder Sir<br />
Richard Branson became the face of the<br />
Bulova Accutron range in 2011. Bulova<br />
president Dennis Perry explained at the<br />
time: “As an entrepreneur, humanitarian<br />
and pioneer, Sir Richard reflects the spirit<br />
of innovation that is at the heart of the<br />
Bulova Accutron brand.”<br />
“We feel Sir Richard Branson could be<br />
an individual that would be central to our<br />
message of innovation,” Perry added,<br />
referring to the Accutron’s place in history<br />
as the world’s first fully electronic watch.<br />
Phil Edwards<br />
Duraflex Group Australia<br />
“Celebrity ambassadors play<br />
a pivotal role in building brand<br />
awareness and promoting<br />
new collections. It’s critical to<br />
ensure the profile and values<br />
of the celebrity are well<br />
aligned to the brand in order<br />
for the partnership to be<br />
authentic and successful.”<br />
Janet Comenos<br />
Spotted<br />
“Luxury brands tend<br />
to be more dismissive<br />
of data than mass-market<br />
brands. The creative<br />
directors of these highend<br />
labels tend to use<br />
celebrities as creative<br />
‘muses’, even if every<br />
indication shows that the<br />
celebrity is a poor choice.”<br />
William Comcowich<br />
Glean.Info by CyberAlert<br />
“Celebrity endorsements<br />
and sponsored influencer<br />
content have similarities<br />
and may overlap at times,<br />
but the two strategies entail<br />
different advantages and<br />
disadvantages. It’s crucial to<br />
understand those differences<br />
to develop effective PR or<br />
social media marketing<br />
campaigns.”<br />
However, just three years later, Branson told<br />
the Wall Street Journal he wore a Pilot Watch<br />
from Swiss brand Torgoen that he’d chosen<br />
based on its appearance. More recently, he<br />
has been seen wearing Garmin and Vivofit<br />
smartwatches.<br />
Indeed, convincing an increasingly disbelieving<br />
public that there is credibility in celebrity<br />
ambassadorships is only likely to become more<br />
of a difficult task.<br />
When selecting a celebrity ambassador, Janet<br />
Comenos, CEO Spotted, has said, “Marketers<br />
need to use real data and isnights to drive<br />
these crucial decisions, not just their gut and<br />
personal judgment.”<br />
She added, “Luxury brands tend to be more<br />
dismissive of data than mass-market brands.<br />
The creative directors of these high-end labels<br />
tend to use celebrities as creative ‘muses’,<br />
even if every indication shows that the celebrity<br />
is a poor choice.”<br />
In search of authenticity<br />
The way many brands are looking to win the<br />
battle is by going beyond the realms of a<br />
conventional endorsement and instead touting<br />
the celebrity as having played a hand in the<br />
creation of the very products they advocate.<br />
One example from the watch category is<br />
that of international adventurer Bear Grylls<br />
and Luminox. Grylls helped to create the<br />
new Survivalist Series for the brand, adding<br />
practical features such as Morse code, a<br />
paracord strap, and a dive zone countdown<br />
to the designs.<br />
As a hard-wearing watch, Luminox had<br />
also previously released watches designed<br />
with Icelandic Sea and Air Rescue, and<br />
counterterrorism operative/deep-sea diver<br />
Scott Cassell.<br />
Phil Edwards, managing director Duraflex Group<br />
Australia (DGA), which distributes Luminox,<br />
explains, “Celebrity ambassadors play a pivotal<br />
role in building brand awareness and promoting<br />
new collections. It’s critical to ensure the profile<br />
and values of the celebrity are well aligned to the<br />
brand in order for the partnership to be authentic<br />
32 | <strong>September</strong> <strong>2020</strong>