What Happens When A Celebrity Endorses A Brand?

Ayushmann Khurrana Written by Updated: Sep 11, 2024, 7:03 pm

Ayushmann Khurrana ventured with The Man Company in 2018, which has now yielded a whopping 400% returns as Emami acquired it for ₹400 crore. What seemed like a strategic collaboration has now turned into a massive success story, with the brand and the celebrity earning 400% return. Emami recently acquired a 50.4% stake in HeliosLifestyle, the parent company of The Man Company, for ₹400 crore.

Even Hollywood celebrities are successfully leveraging this compound effect through business ventures:

  • Roger Federer endorsing a brand called “On Running”
  • Ryan Reynolds endorsing Mint Mobile, Aviation Gin much more
  • Lionel Messi promoting Inter Miami

There’s only so much you can earn from social posts and sponsorships. Leveraging that influence to scale business ventures flips the model – the celebrity sponsoring the product rather than the product sponsoring the celebrity – can deliver exponential returns.