2005
DOI: 10.1300/j057v11n04_06
|View full text |Cite
|
Sign up to set email alerts
|

Celebrity versus Company President as Endorsers of High Risk Products for Elderly Consumers

Abstract: This study examines the effectiveness of a celebrity endorser vs. a company president as an endorser for a high financial/performance risk product, supplemental health insurance, with a sample of 280 senior citizens (65+) drawn from six geographically dispersed markets. The results show significant differences between a celebrity and a company spokesperson in initial interest in the product and likelihood of seeking additional information but no differences in belief of claim or likelihood of enrolling in the … Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
8
3
1

Year Published

2010
2010
2020
2020

Publication Types

Select...
7
1
1

Relationship

0
9

Authors

Journals

citations
Cited by 16 publications
(12 citation statements)
references
References 16 publications
0
8
3
1
Order By: Relevance
“…In other words, ignoring a buyer's lifestyle does not appear to have any effect on the buyer's sense of satisfaction. Although previous studies (Crutchfield et al 2003;Maronic 2005;Athanassopoulou and Mylonakis 2009) maintained that lifestyle similarity affects a buyer's satisfaction with a salesperson, this was not found to be so in this study. One explanation may be that, banking being a highly professional service, many details about the salesperson's lifestyle may not be known to the respondents because it is not usually thought ethical to share this kind of information during professional transactions between a customer and a provider.…”
Section: Discussioncontrasting
confidence: 84%
“…In other words, ignoring a buyer's lifestyle does not appear to have any effect on the buyer's sense of satisfaction. Although previous studies (Crutchfield et al 2003;Maronic 2005;Athanassopoulou and Mylonakis 2009) maintained that lifestyle similarity affects a buyer's satisfaction with a salesperson, this was not found to be so in this study. One explanation may be that, banking being a highly professional service, many details about the salesperson's lifestyle may not be known to the respondents because it is not usually thought ethical to share this kind of information during professional transactions between a customer and a provider.…”
Section: Discussioncontrasting
confidence: 84%
“…al., celebrities are likely to influence people at young age (Austin et. al., 2008), whereas Maronick in his research postulated that the old are less likely to be influenced by a celebrity in the presence of a rationale (Maronick, 2005). In the light of previous studies we can add celebrity endorsement to our model by claiming that it has contribution to discriminate generations in terms of their determinant that raise attention to advertisements.…”
Section: Celebrity Endorsementmentioning
confidence: 80%
“…According to source credibility models (Hovland and Weiss, 1951), message effectiveness depends on an endorser’s perceived levels of expertise and trustworthiness (Ohanian, 1991; Spry et al , 2011). It has been shown that if a source is perceived as credible, it can produce more positive consumer attitudes and behavioral change than a less or non-credible source (Wang and Scheinbaum, 2018; Maronick, 2006; Pornpitakpan, 2003). In a like manner, an endorser’s attractiveness can draw attention and increase both ad and brand awareness (Chao et al , 2005; Kahle and Homer, 1985; Till and Busler, 2000).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Effectively, concerning upward comparison, idealized images conveyed by the media can generate a sense of consumer disappointment in their personal appearance, lifestyle or belongings (Hirschman and Thompson, 1997; Grabe et al , 2008; Dimofte et al , 2015; Mussweiler et al , 2004). However, most of these conclusions are focused on celebrity endorsement; a few have looked at CEO endorsement (Rubin et al , 1982; Maronick, 2006), and only one has addressed internal endorsement including both CEO and employees (Stephens and Faranda, 1993). Furthermore, as underlined by Bergkvist and Zhou (2016), most of the related research exclusively assess endorsement effectiveness, and only a few studies address the endorsement question in a way that allows one to understand the psychological mechanisms underlying endorser persuasion.…”
Section: Literature Reviewmentioning
confidence: 99%