Archive for July 17th, 2008

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This post is part of a series on celebrity spokespeople who ended up doing serious harm to the brands they were hired to promote, or vice versa. See how we rank the 20 top spokesperson fiascos.

I have to wonder what Slim-Fast (Unilever ADR, NYSE:UL) was thinking when they hired Whoopi Goldberg. Many of their earlier spokespersons, including Ann Jillian and Kathy Lee Gifford, exuded a sort of “if you don’t love me, I’ll die,” desperation. On the other hand, Whoopi’s self-confidence and pride are as much a part of her persona as her granny glasses and trademark braided hair. Although she has never shied away from the spotlight, a great deal of Whoopi’s strength lies in her low-key energy and undeniable power. In retrospect, this might have made her a less than best choice to shill for the brand, which thrives on insecurity.

Regardless, in late 2003, Slim-Fast talked Whoopi into hawking their shakes; presumably, there was a very massive check involved. Things progressed relatively well until July 2004, when she decided to appear at a gala fundraiser for Democratic Presidential candidate John Kerry. Carrying a bottle of wine onstage, Goldberg pretended to read from the label: “When Bush comes to shove, don’t whine. Vote Kerry.” She proceeded to launch into a series of bush-themed double entendres.

Nearly immediately, Bush supporters began calling and writing Slim-Fast, threatening to boycott the company’s products if it continued to employ Goldberg. Slim-Fast swiftly caved, stating that it was disappointed in Whoopi and would no longer air her commercials. She responded that, “While I can appreciate what the Slim-Fast people need to do in order to protect their business, I must also do what I need to do as an artist, as a writer, and as an American — not to mention as a comic […] I only wish that the Republican re-election committee would spend as much time working on the economy as they seem to be spending trying to harm my pocketbook.”

Goldberg proceeded to reprise the routine at other venues; she later found a place on The View. In the meantime, Slim-Fast went on to hire Rachel Hunter, whose conventional good looks and palpable insecurity are far more fitting for their marketing demographic. Recently, however, the company has demonstrated an amazing inability to learn from the mistakes of the past. In January 2008, they approached rapper Eminem with an endorsement offer; one can’t help but wonder if his misogynistic, violent lyrics might not alienate Slim Fast’s target market!

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This post is part of a series on celebrity spokespeople who ended up doing serious harm to the brands they were hired to promote, or vice versa. See how we rank the 20 top spokesperson fiascos.

A lot of people, including me, thought that actor James Garner gave up the ghost some time ago. Doing the “Rockford Files” Television series must have taken a lot out of him. Then there were all those times he was shot playing Western gambler “Maverick.” He was so good at it, he even got a role in the motion picture version.

Garner’s one Oscar nomination was for “Murphy’s Romance,” in which he played an old man chasing a younger woman, a role for which he seemed particularly well suited.

In April 1988, Garner underwent quadruple by-pass surgery.That worked out OK for him, but he happened to be at that time a spokesman for The Beef Industry Council of the Meat Board and the Cattlemen’s Beef Board. Fatty meat was being blamed for a great deal of the cholesterol that was clogging arteries and leading to heart attacks. Garner wasn’t considered much of an effective front man for red meat once the news about his health got out.

Ironic as it might seem, lean meat is now recommended as the protein portion of many diets. Maybe the beef people could bring him back to speak about that.

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Douglas A. McIntyre is an editor at 24/7 Wall St.

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The prestigious 2008 No Kidding! Award For Obviousness in Financial Journalism goes to the Associated Press for this headline: GM’s recovery depends on winning over automobile buyers.

Ya don’t state? And here I was thinking it depended on the Yen carry trade.

But in a way, that headline is a wonderfully succinct illustration of why the odds of a successful turnaround at General Motors (NYSE: GM) are basically zero. The company has a crippling debt load and a cost structure that isn’t even close to being competitive with the infinitely leaner Asian automakers which, by the way, make vehicles that are more relevant.

GM brass are sounding an optimistic note on their upcoming car introductions, and maybe they will improve. But the company has a difficult task: slash costs while restoring the company’s brand positions. Either of those would be difficult, and both at the same time is probably impossible. The company is at a competitive disadvantage that’s simply big, and its decline has gained additional momentum from the decline of its brand equity. If GM didn’t already exist, people would laugh at the idea: “Let’s have a massive debt load and a really high cost structure and sell vehicles that are nearly as good as our foreign competitors.”

When I consider it like that, it’s hard to find a reason to even consider investing in the company’s stock.

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What would you do if you were fired from your job as a top advertising executive at Wal-Mart (NYSE: WMT) after a torrid love affair with a subordinate, and then read about the ensuing drama and steamy emails in The Wall Street Journal?

Head to reality television, of course! B-list reality shows have given disgraced former stars like Jose Canseco (The Surreal Life) another 15 minutes of fame, and Julie Roehm wants in on the act too: Fortune reports that Ms. Roehm will be a judge on Jingles, an upcoming CBS show where contestants compete to write jingles for TV commercials. I can’t wait to see that one. What’s next? Who Wants to be a Roadkill Collector? I’m going to go out on a limb and predict that Jingles will last one season.

She’s still living in Bentonville because she hasn’t been able to sell her house.

I give some props to Ms. Roehm for capitalizing on her fame, but I think she has to be careful about not marginalizing herself by morphing into a d-list celebrity on the strength of her relationship with a coworker. But she’s also running her own marketing consulting firm, so maybe she’s keeping it balanced.

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