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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
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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>

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