Buyers Beware: This celebrity endorsement is paid for (Column: B-Town)
So far so good as the celebrities endorsed things and made extra money, actually, that is not extra money but often the main source of income for a top few. Stars like Shah Rukh Khan, Aamir Khan or Salman Khan do one film a year of two films in three years. One may wonder, how come their names figure among the top income tax payers? Because, a lot of the earnings, if not all, come from endorsing brands.
Somewhere, the brand ambassadors seemed to be taking people for granted promoting any product that came their way but some of those products were found to be having content harmful for consumption and questions were raised. A few such controversies led the stars to go into details to safeguard their interests. The netizens went roughshod on them and the wise ones managed to placate them while the others just let it be.However, such episodes made the authorities conscious of this new challenge. Because, the advertising medium had moved on to the social media which started being used widely for endorsement activities. All that a star had to do was to promote a product on, say, Instrgram where some stars are known to have millions of followers. These followers were the captive prospective brand users, the kind who did not surf television channels during ad breaks. What a star was paid was unbelievable, three to five crore per endorsement, depending on status and how much faith his followers posed in him.It sounds like madness. But, again, this amounted to taking the believers in a star's word for granted. There was no way for the followers to tell a promotional massage.There is a new word for celebrities who enjoy huge following and whose trends and tastes are imitated by the followers. They are described as Influencers and their word carries weight. We have some big time Influencers among celebrities in Virat Kohli, Priyanka Chopra, Alia Bhatt, Akshay Kumar, Varun Dhawan, Ranveer Singh, Sachin Tendulkar and many more with a certain level of influence.The Advertising Standards Council of India (ASCI), now mandates that all posts where an influencer benefits in some form or the other including cash, will need to be labelled as advertising, ad, sponsored and so on.This move by the ASCI will certainly test the credibility of the influencers as they will need to be more careful about what they promote.If a celebrity's wealth is disclosed, as various media love to guesstimate lately, and it happens to be in multi-crore, don't wonder where all it comes from. While their time and luck runs, it comes from whatever they touch.From making extra money and cashing in on their celebrity status by attending strangers' weddings, stage shows or dancing the jig to humour the Dubai darbar, they have come a long way!(Vinod Mirani is a veteran film writer and box office analyst. The views expressed are personal)
--IANS mirani/am