Can
celebrities take on the brand marketer's role?
(Beyonce is collaborating with PepsiCo in a preorted £33m deal that includes a fund to support her own creative products which may not be related to the drinks brand.)
Popular Music Awards and the audience they attract, along with music industry lovers, are about 16-30 years old and likely to be drawn into many commercial TV shows, events and news. We are all now so fascinated by the 'celeb lifestyle' and hungry for reality TV. Music Award shows are so highly publicised due to the celebrity and media attention that we all want to 'be there' any way we can to be up to date with the latest hot gossip from the events.
Sponsorship!
Now, Sponsorship is nothing new, we have always heard of major sponsorship
deals. Clothing designers have sponsored artists and even for new and up and
coming acts it is quite simple to obtain free clothes from certain labels. It’s
a simple process businesses pay celebrities to advertise products to as many
people as possible. Lately though,
sponsors have realised artists are more and more expanding the strength of
their brand and offering more deals for artists whether they are on tour or
not.
And
it’s through online developments and technology expansion, that people may not
be willing or have to pay for music! Therefore artists will (and already are) looking
into other revenue streams to support their development, and if recording
companies are in as much trouble as they say they are, they does this mean
that fewer music artists will be signed
so will new creativity be ignored?
Celebrity
endorsements can be as much about targeting a specific fan base as they are
about publicising the liquid in the bottle. Star power may be just the right
thing to draw attention to both a category and a brand.
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