Brand -ambassador-quagmire!!!!!!
The brand ambassador Quagmire: With niche marketing getting more focus than ever before, the puzzle of hiring, managing, changing and associating brand ambassadors is a major ponder point for companies. Brand consultant Harish Bijoor is of the opinion that brand effectiveness differs with different stages of the product life cycle and is subjective to the segment and company goodwill. Further, Prof.C.K.Prahlad has given out his opinion that companies need to ensure n=1, and R=G. That’s mass customization and individual focus to ensure higher satisfaction amongst customers and promote loyalty. It’s further stated in a few cases that brand ambassadors involvement for product/service promotion is very much necessary. But then, I sincerely feel that this kind of phenomena is noticed in a mere 2-3% of products (FMCG, clothing etc) and high involvement goods, luxury goods are absolutely independent of celebrity endorsement (Jewellery, housing, furniture, automobile etc). Further, increased p...