I have been rather busy over the past few weeks. The think-tank that I run on “celebrities as human brands” has been inundated with one nervous question from over a dozen clients: Is it time to change my brand’s celebrity?
The question has largely been triggered by the recent downturn in the fortunes of a number of celebrities who, until not very far back, were seen to be almost infallible, and too big to fail.
Virat Kohli, in the last one year has been dethroned as India’s captain across all three formats. And, he is facing a batting drought. Before Edgbaston, in his last 14 Tests, comprising 25 innings, the returns for Virat have been unbelievably sparse: 652 runs at an average of 26.08, and his highest score was 74. The just concluded IPL, though, was not too bad — Virat scored 505 runs in 16 matches at an average of 45.90. He managed three 50s notching 35 fours and 23 sixes in total. Yet, the 30-odd brands that he endorses are nervous. In fact, very nervous.
There’s been more bad news on the celebrity front. Ranveer Singh’s 83 was at best a lukewarm success. His Jayeshbhai Jordaar has been a super-flop — it just managed an opening day collection of Rs 3.25 crore and a first week harvest of a puny Rs 14.95 crore. Tiger Shroff’s Heropanti 2 was a box office disaster with total collections of just Rs 24.35 crore. Ranveer has 45 endorsements; Tiger has over a dozen. No wonder advertisers are worried.
Advertisers are asking if the era of the dominant, big screen superstar or super captain is now over. Are we headed to a more broad-based democracy in celebrity choice? After all, Kartik Aaryan’s Bhool Bhulaiyaa 2 delivered an opening weekend box office collection of Rs 55.96 crore and ended up with gross collections of Rs 185.57 crore — a smashing performance, to say the least. Similarly, the sometimes-on-sometimes-off Rishabh Pant scored a brilliant 146 at Birmingham over the last weekend and India’s newly minted Test captain Jasprit Bumrah, batting at No. 10, created a new world record by smashing 29 runs off an over from Stuart Broad. Are these the new celebrities that today deserve more attention from brands?
When is it time to change your celebrity? When the incumbent is visibly starting to show a downward spiral? Well, that’s too simplistic. And obvious.
Then what? The unfortunate thing with most brands is that they do not actually use any empirical research in the selection of celebrities. Much of it is gut feel, and feel good. Most promoter families land up at shoots with all of mama-chacha-bhanja-bhatija and other brethren in tow. It is a sort of cumulative family high and a show of one-ness with the celebrity as the entire parivaar lines up for pictures for Insta and Facebook. Multinat managers are no different. Except that the bragging rights get extended to LinkedIn. And the celebrity is used as the brand’s RTB (reason to believe) in all PPTs made to the board.
That does not of course mean that you jettison the celebrity on seeing the first signs of trouble. But it would certainly help to have a sentiment track being done on the celebrity at well-defined time intervals. Very few brands actually do it. Most often they grudge the expense, which is teeny-weeny compared to the enormous celebrity fees. Feedback obtained is mostly hearsay from trade, consumers and increasingly social media. These may all be valid listening posts, but a well-structured, well thought-through research can provide clues for decision-making much ahead of the actual down slide.
The writer is managing director of Rediffusion