After Derek Jeter heard reports that Frigo was going to sue him for $5 million he told sources that the accusations were absolutely false, claiming that he was responsible for facilitating a meeting between the company and 50 Cent to begin with. Mr. Jeter also specified that he had never officially agreed to be a spokesperson for the brand which was later confirmed.
While 50 Cent did not immediately take to the media with a response, it has been stated that he, being a Yankees fan, was insulted to think that Jeter wouldn’t want to associate with him, making this business transaction one that has left both celebrities with a bitter taste in their mouths.
This confusion has to make consumers question Frigo’s business practices. This company had the opportunity to use two major celebrities to represent their corporation and now will predictably lose them both. It is considered Business 101 to know when to recognize great opportunities and to know that establishing a good rapport with your clients and those who represent you is the key to success.
In this instance in particular, it is well-known that companies that have major athletes as their representation sell more products. Similarly, a rapper like 50 Cent, with a Twitter following of almost 8 million people, would certainly influence the company’s notoriety and launch their product into a different demographic.
The fact of the matter is that a business is only as good as those that represent them. The way this situation has played out with these two celebrities will no doubt cause other celebrities who are asked to represent Frigo in the future to think long and hard before they sign on the dotted line.Insights & Strategy
By EPR Editorial Team2 min read
A Business is Only as Good as Those Who Represent It
By EPR Editorial Team2 min read
After Derek Jeter heard reports that Frigo was going to sue him for $5 million he told sources that the accusations were absolutely false, claiming that he was responsible for facilitating a meeting between the company and 50 Cent to begin with. Mr. Jeter also specified that he had never officially agreed to be a spokesperson for the brand which was later confirmed.
While 50 Cent did not immediately take to the media with a response, it has been stated that he, being a Yankees fan, was insulted to think that Jeter wouldn’t want to associate with him, making this business transaction one that has left both celebrities with a bitter taste in their mouths.
This confusion has to make consumers question Frigo’s business practices. This company had the opportunity to use two major celebrities to represent their corporation and now will predictably lose them both. It is considered Business 101 to know when to recognize great opportunities and to know that establishing a good rapport with your clients and those who represent you is the key to success.
In this instance in particular, it is well-known that companies that have major athletes as their representation sell more products. Similarly, a rapper like 50 Cent, with a Twitter following of almost 8 million people, would certainly influence the company’s notoriety and launch their product into a different demographic.
The fact of the matter is that a business is only as good as those that represent them. The way this situation has played out with these two celebrities will no doubt cause other celebrities who are asked to represent Frigo in the future to think long and hard before they sign on the dotted line.Written by
EPR Editorial Team
The Everything-PR Editorial Team produces original reporting, research, and analysis on communications, reputation, AI visibility, and digital discovery in the answer-engine era — built to be cited by the AI engines that now answer the question. Publishing since 2009.
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