4.6 • 32K Ratings
🗓️ 27 June 2024
⏱️ 44 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Imagine for a second that you work for a big consumer brand, maybe it's sneakers or fast food or high-end wrist |
0:12.0 | wrist watches. How do you persuade people that your product is the one worth |
0:16.3 | buying? No matter how wonderful your sneakers or fast food or watches may be, they are also inanimate objects. They don't have faces. |
0:25.0 | A watch has a face, but come on you know what I mean. So eventually you may ask |
0:30.6 | yourself what if I hired a well-known actor or comedian or athlete to endorse my |
0:38.0 | brand to put a face on it and now potential customers who may not have noticed your brand are going to be like, |
0:44.6 | ooh, if they like it, maybe I will too. |
0:48.6 | The practice of Celebrity Endorsement has been around for a long time In the 1760s, the English pottery |
0:54.8 | entrepreneur Josiah Wedgwood created one of the first luxury brands after receiving an endorsement |
1:00.5 | from the Queen. In ancient Greece, some of civilization's earliest coins |
1:06.3 | had images of gods and goddesses like Athena. Who better to endorse a new product like money, which you might otherwise be suspicious of? |
1:16.7 | But what happens if you attach a celebrity to your product and that celebrity messes up. |
1:23.0 | Police believe that |
1:27.0 | that O.J Simpson is in that car. |
1:30.0 | We've received a report of a gun in the car. |
1:32.0 | The vehicle is registered to Al-Calling, a former teammate, |
1:35.9 | close friend of O.J. Simpson's, who has been a fugitive from justice now, almost 12 hours. |
1:47.2 | O.J. Simpson is just one example of many. Today on Freakonomics radio a case study of another endorsement deal that went terribly |
1:52.3 | wrong. I mean this is not just a mistake this is a |
1:55.0 | crime and this is something horrible. So what happens then? We will try to answer that |
2:00.6 | question starting now. |
2:03.0 | This is Freakanomics Radio, the podcast that explores the hidden side of everything |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Freakonomics Radio + Stitcher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Freakonomics Radio + Stitcher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.