Under Armour's Financial Success

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ACelebrity endorsements are vital for Under Armour’s financial success. Investing in celebrity endorsements pays off because “endorsements pump up a brand’s sales by $10 million a year, on average.” Especially for Under Armour, celebrity endorsements help reinforce Under Armour’s authentic message and purpose of helping athletes in their performance. The celebrities sharing their testimonies and experience wearing Under Armour gear brings another dimension in communicating Under Armour’s product to its customers. There is a human level approach that reaches the audience in a deeper way, because they hear an authentic voice from their favorite celebrity sharing how Under Armour has helped him or her in their athletic career and journey. Under …show more content…

This helps build consumer trust because it is not a “fake” sponsorship where a celebrity is forced to pose with a brand they do not actually use. Celebrity endorsements have helped Under Armour move up in the hierarchy of athletic brands. Under Armour’s unique choices for celebrity endorsements contribute to its success. Under Armour has acquired many well-known athletes like Tom Brady, Michael Phelps, and Stephen Curry, but they have also focused on selecting celebrities that can expand their target market. For example, they have model Gisele Bündchen, ballerina Misty Copeland, downhill skier Lindsey Vonn, soccer player Kelley O’Hara, golfer Alison Lee, and professional hunter Eva Shockey. All of these celebrity endorsements help Under Armour’s bottom line. Celebrity endorsements drive Under Armour’s sales. Under Armour’s history started with “celebrity endorsements,” with CEO Kevin Plank reaching out to his high school and college teammates who were becoming “celebrity athletes” or looked like celebrities: “big, athletic, and strong.” A successful brand needs to master storytelling in their

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