The Siyaram Celebrity Endorsement Experience

Details


Themes: Advertising and Promotion
Period : 1995-2001
Organization : Siyaram Silk Mills Ltd
Pub Date : 2001
Countries : India
Industry : Commodities - Traded Goods

Buy Now


Case Code : MKTG018
Case Length : 7 Pages
Price: Rs. 200;

The Siyaram Celebrity Endorsement Experience | Case Study

Tools



Bookmark and Share


ICMR regularly updates the list of free cases. To view more free cases, please visit our site at frequent intervals.


<< Previous

The Aftermath

Cronje had to resign from the South African team and was barred from playing cricket ever again. In South Africa, the Spur Restaurant Chain in Johannesburg ended a multi-million rand4 -advertising contract with Cronje. The controversy heated up in the next few weeks, with many more Indian and international cricket players being named as parties to illegal match fixing. It was reported that the Board of Control for Cricket in India (BCCI) and the Mumbai/Dubai underworld were also involved in the scandal. There were even rumors of South Africa and India suspending diplomatic ties.

The Indian companies who sponsored cricket matches and utilized cricket players as endorsers were however, reported to be unfazed by the developments. Asserting that the J.Hampstead association with sports (and cricket) would continue, Singh commented, "Let's not kill the sport for one moronic guy." By the end of the year, the Cronje scandal seemed to have died a natural death and cricket sponsorship by Indian corporates continued.

Siyaram meanwhile, revealed its plans to achieve a turnover of Rs 4 billion for the fiscal 2001-02. J.Hampstead's contribution to the turnover was expected to rise from Rs 400 million in 1999-00 to Rs 750 million. In September 2001, the company launched a new campaign for J.Hampstead, with the new baseline 'One World One Fabric.' The campaign did not feature any sport or celebrity. Instead, international models were featured to reinforce the fabric’s global appeal.

Media analysts were quick to point out that having learnt its lessons from the Leander/Bhupati and Cronje issues, Siyaram was deliberately trying to 'play it safe' this time around by avoiding celebrity endorsements for J.Hampstead.


4] The currency of South Africa.