Respuesta :
If Nike launched a new advertising campaign with celebrity endorsements after determining that its rival, reebok, had success with such an ad campaign, Nike's move would be an example of Analyzing how competitors compete.
What are celebrity endorsements?
- Celebrity branding, often known as celebrity endorsement, is a type of advertising campaign or marketing technique that makes advantage of a celebrity's notoriety or social standing to advertise a good, service, or issue.
- Celebrity endorsers are used by marketers in the belief that the positive perception of the endorser would spread to the perception of the product or brand.
- Celebrities are used by non-profit groups as well since they frequently appear in the media, which reaches a larger audience and helps with fundraising.
Celebrities' ability to reach a broad audience of potential customers makes celebrity branding and celebrity endorsement of a company's product particularly effective.
Know more about celebrity endorsements with the help of the given link:
https://brainly.com/question/25610807
#SPJ4