JOURNAL ARTICLE
What Makes a Successful Celebrity Brand?
Published In: Harvard Business Review, 2024, v. 102, n. 3. P. 50 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Israeli, Ayelet; Avery, Jill; Schlesinger, Leonard A.; Higgins, Matt 3 of 3
Abstract
The article examines the growing trend of celebrities leveraging their influencer status to launch and manage their own consumer brands, moving beyond traditional endorsement deals to capture greater profits and authenticity. It highlights key factors for success, including a strong and engaged social media following, a genuine fit between the celebrity’s persona and product category, development of superior products, and active two-way engagement with followers. Case studies of Kim Kardashian’s Skims shapewear and chef David Chang’s Momofuku Goods illustrate these principles, while contrasting examples such as Hulk Hogan’s failed ventures and Beyoncé’s less engaged Ivy Park brand demonstrate common pitfalls. The article also discusses risks celebrity brands face, including public skepticism and reputational damage from scandals, emphasizing that sustained success requires more than fame alone.
Additional Information
- Source:Harvard Business Review. 2024/05, Vol. 102, Issue 3, p50
- Document Type:Article
- Subject Area:Social Sciences and Humanities
- Publication Date:2024
- ISSN:0017-8012
- Accession Number:176460444
- Copyright Statement:Copyright © Harvard Business Publishing. All Rights Reserved. This content is intended for individual research use only, subject to the following: Unless permission is expressly granted in a separate license, this content may NOT be used for classroom or teaching use, which includes teaching materials, electronic reserves, course packs or persistent linking from syllabi. Please consult your institution's librarian about the nature of relevant licenses held by your institution and the restrictions that may or may not apply.Unless permission is expressly granted in a separate license, this content may NOT be used in corporate training and/or as corporate learning materials. For corporate users, please consult the specific terms of your company's license(s) for complete information and restrictions. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)
Looking to go deeper into this topic? Look for more articles on EBSCOhost.