It is synonymous nowadays to see every celebrity imaginable
endorsing either someone else’s product or a product of their own. I mean, who
can blame them with the current state of the music industry selling albums just
isn’t enough anymore. You have celebrities endorsing everything from water to
nail polish to shoes. It’s a great way for celebrities to expand not only their
brand but also their revenue. Celebrities are paid big bucks to endorse a
company’s product. Nicki Minaj signed a seven-figure deal to become the face of
a new Pepsi beverage called “Pop”. You can read more about that here and also
watch the commercial via YouTube. You have to wear many hats within the
industry today because just being an artist who just makes music just isn’t the
trend anymore. It takes so much more to sustain credibility in this industry.
Take for instance, Alicia Keys, she is coming out with a new album in November
and she has inked a deal with Reebok. She designed several different pairs of
shoes for them and starred in a commercial featuring her saying the lyrics to
her new song, Girl On Fire. Peep the commercial here! That was a very strategic
move by her and her team to get people interested in her upcoming project. When
you turn on the television you see so many celebrities endorsing so many
different products. There is serious money to be made in doing so. The
companies that these celebrities endorse are so smart and really handles their
product management well because they know with big time names attached to their
brand people are going to buy it. It’s a win-win situation for all parties
involved. Even if the product doesn’t do so well the celebrity still gets paid
unless otherwise stated in their contract. Look at Jennifer Hudson; you can’t
turn on the television without seeing one of her Weight Watchers commercials. I
know you’re probably as sick of seeing them as I am but the girl is getting
serious bread from that and Weight Watchers must be contributing from it very
well because Jennifer stays on our TV screens. You can’t be mad at a sister for
getting her money and looking good while doing it. Although, I believe she has
undergone other procedures to get rid of the weight but that’s just between you
and I. On the same note though, endorsements are a way for celebrities to make
major money and the key is to strike while you’re hot. These three women I
mentioned are making themselves into brands and diving into opportunities
outside of music. But to be fair if it wasn’t for them being the huge music
stars that they are the doors for endorsements to open probably never would have
happened. So, to aspiring artists out there who want to become music superstars
think outside the music and come up with a plan to turn yourself into a brand!
It’s the best way to sustain longevity in this business!
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