Shah Rukh Khan – one of Bollywood’s top paid actor and brand endorser signed a deal for Rs 20 crore in 2014 to promote Pan Vilas. The choice was obvious given the TVC’s message for its target customers – for men who made it big in life on their own. The deal was said to be the highest endorsement fee charged for a single brand at that point in time by any Bollywood actor. Priyanka Chopra – who endorses Rajnigandha Silver Pearls – charged a premium on her standard rate of Rs 1 crore for the brand, it is learned.
While, celebrities have a standard rate for endorsing a brand depending on their market value and acceptance as a brand ambassador. They tend to charge a premium over their rates to endorse brands which are related to banned or addictive products.
India adds 5,700 addicts a day to tobacco, pan masala or related products. And 3,300 people are killed every day due to consumption of such items. While, the proposed GST guidelines intent to impose a sin tax of 40 percent on tobacco and related products, instead of putting a blanket ban. How much of this voluntary efforts by film stars by dissociating themselves from addictive products bears fruit remains to be seen.
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