Branding Disasters: Planet Hollywood

Finding a celebrity to endorse your products can be a lucrative move but the stellar backers of Planet Hollywood discovered the dark side of fame when they tried to cash in on a brand with no real substance for customers.

Watch the adverts on TV today and you're bound to come across at least one celebrity endorsement. But while having a big name associated with your brand can create a buzz around a product and boost sales, its fame can be short lived if customers see through the hype and don't have any loyalty to the brand.

As you may have noticed from the trademark swoosh adorning his clothes, Tiger Woods has been enjoying a successful relationship with Nike over the years. However, after Woods was featured in ads endorsing Nike Tour Accuracy golf balls back in 2000, some consumers were left feeling cheated when it emerged that Nike was being sued by non-profit group Public Remedies in a US district court for unfair business practices. The reason was that the balls that Woods was using in professional tournaments were in fact custom made and not available to the public.

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder.

If you haven't got an account, it's free to set up and only takes a minute,
click here to register

Create your FREE BusinessZone.co.uk account to:

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Send private messages
Register now

Login

Forgotten your password?

From our YouTube channel

Anthony Lau, founder of Cyclehoop and 2009 winner of BusinessZone.co.uk's small business competition The Pitch:

For more exclusive videos, click here.

Do you tweet?

Join our social media discussion group and share your Twitter username with other BusinessZone members. Click here.

What one thing could your business not survive without?

We're putting together a list of business owners' must-haves. Tell us yours here.

BusinessZone TV

Dragons' Den judges James Caan and Deborah Meaden and social entrepreneur Karen Darby are some of the successful entrepreneurs who feature in our exclusive videos. Watch here.