Fortune Heart Healthy Oil: When A Strong Brand Strategy Hits A Cardiac Roadblock!

Deepa Unnithan, Girish Subramonia Pathy, Hareesh Ramanathan

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Case Studies
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The case explains the strategic challenge the brand faces in ambassador marketing due to the uncontrollable personal crisis of the celebrity. Brand ambassador is an integral element of the brand persona and is appointed to boost the brand’s unique proposition and sales. The selection of the brand ambassador is a strategic decision with direct implication on the brand equity. A strong celebrity–brand congruence is ideal to establish credibility, but it can backfire if anything negative occurs on either side. This case evaluates the crisis faced by Fortune oil which has been positioned as “the heart healthy oil” when its celebrity ambassador suffers heart attack. In the backdrop of the case, the students can analyse brand strategies with respect to ambassador marketing, TEARS model with No TEARS approach for endorser selection and endorser-related credibility risk management.

Subjek

STRATEGIC MANAGEMENT
 

Katalog

Fortune Heart Healthy Oil: When A Strong Brand Strategy Hits A Cardiac Roadblock!
ISSN: 2045-0621
9p.: pdf file.; 3.5 MB
English

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Pengarang

Deepa Unnithan, Girish Subramonia Pathy, Hareesh Ramanathan
Perorangan
 
 

Penerbit

Emerald
New York
2024

Koleksi

Kompetensi

 

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