How much do celebrity endorsements cost

Social media is now taking celebrity endorsements to a whole new level, providing instant feedback and more measurable results. A celebrity with 93 million Twitter followers like Katy Perry is pretty much assured of endorsement deals.

I wonder whether Barack Obama could parlay his 77 million Twitter followers into some endorsements come next January. Check out: Celebrities with the Most Twitter Followers. Nevertheless, brands see social media as the most effective way to engage with their customers.

An interesting thing to note is he has also endorsed with Coca-Cola in the past. StartupTalky Alan Joseph. Top athletes in the world make money through Endorsement deals, appearance fees. But do you know how much Athletes earn for just one tweet.

StartupTalky Pratyusha Srivastava. Subscribe to StartupTalky Get the latest insights delivered to you right in your inbox Subscribe. Check your inbox and click the link. Sorry, something went wrong. Please try again. Published by. Pratyusha Srivastava. I am a law student. My interests are in technical, legal, news and business writing. Writing has always been my passion and I write to connect purely with the audience. You might also like. Nov 13, Mahenoor Mansuri. Twitter, meanwhile, lags behind somewhat.

The impact of such significant pay-outs certainly makes it money well spent if a campaign hits the bullseye. Calvin Klein courted pop star Justin Bieber to get behind its MyCalvins campaign, which ran across and Mr Bieber duly obliged and the campaign went on to reach a global audience of more than million people.

Do you think celebrity endorsements are money well spent or lazy last resorts for brands out of ideas? Click through to find out which celebrity endorsement deals were worth the most. According to the publication, this move upset Kanye West, who has his own deal with Adidas. Soon after, Jenner released her Puma Fierce line. But, this might be small change compared to how much her fashion empire brings in. But, Michelle Wie has made millions off of endorsements. In , golf phenom Michelle Wie turned 15 — and she also turned pro.

Even then, Wie was no newcomer. At 13, she not only won the U. Needless to say, corporations were ready to pounce when she turned pro two years later. Timberlake had already released a song of the same title, but the fast-food giant created a jingle of its own that only partially borrowed from Timberlake.

Hollywood superstar and tech venture capitalist wizard Ashton Kutcher was already a veteran spokesman in , thanks to a lucrative endorsement deal with Nikon. Then, he signed an even bigger contract to serve as the spokesman for Lenovo, according to a Page Six report at the time. In , Catherine Zeta-Jones signed a two-year contract that paid her eight figures a year. In , she renewed the deal.

But in , he renegotiated, according to a report at the time from Reuters. In , clothing company St. John was in the middle of an identity crisis, according to the New York Times. Losing traditional customers at the expense of a failed campaign to lure a younger generation of buyers, the brand turned to superstar Angelina Jolie for a solution.

When Brad Pitt signed a deal with Chanel No. He raked in eight figures by placing endorsements on his shorts, caps and robe. In , Music Times reported that crossover icon Taylor Swift signed a major deal to serve as a spokesperson for Diet Coke.