Post caption
People love to say X brand is only successful because their founder’s famous, but celebrity brands fail at the same rate as any other startup, just for different reasons #marketing #celebrity #branding #celebritybrands
Transcript
Contrary to popular opinion, celebrity brands fail at the same rate as any other tier up. Even though they have the audience, the network, the capital that any other founder would kill for, if it's not for a lack of resources, what is it? Addison Rae had tens of millions of followers when she launched item best, but that didn't stop the brand being pulled from Sephora. Beyonce is one of the most famous people in the worse, and even she couldn't make Ivy Park work. What people forget is that a famous name makes people more skeptical. Is this just a cash grab, or is it a genuine extension of who they are? In the case of Addison Rae, she was known for her TikTok dances, her lip syncing, nothing to do with best. And Beyonce is this untouchable, aspirational, global megastar. No one believed that she herself would buy mid range activewear. In both these cases, there was zero creator market fit. Unlike Hailey Better, who had a YouTube channel where she shared beauty tutorials and coined the term glazed donut skin years before launching good, or how Kim Kardashian was the unofficial face of shapewear long before she made it official by launching SKIMS. Yes. Having a famous name buys you a launch, but only genuine creator market fit will take you the whole way.