Are Celebrity Speakers Worth The Money?
When someone finds out that you work in entertainment, particularly booking celebrities for corporate events, one of the first questions they ask is usually “How much is [Insert Big Name Comedian/Singer]?” (Which is often followed by a sheepish refusal to hand out figures without a firm date for the event or a venue.) It seems we’re still fascinated by celebrities in day to day life, but maybe not in our corporate events…
In a recent survey from PM&M, a surprising 96% of those surveyed said they believe celebrity speakers or hosts aren’t worth the money they ask for, which could be bad news for those of us in the business of making those bookings happen. In tough economic times, it’s tempting to cut down on non-essentials and luxuries; for the average family that means downsizing the car or cutting the sports channels from the Sky package, for Events Organisers that means a Michael Buble tribute rather than Buble himself.
But if the Big Names are the first thing to get cut in an event budget, what’s the real worth of a celebrity appearance? Do guests just like to see a familiar face in the flesh? Do we just enjoy the chance to rub shoulders with the stars for an evening before driving back in our downsized hatchback to a Sky TV package that no longer has the sports channels? I think it’s more complicated than that.
I think most audiences are too sophisticated to be wooed by the mere presence of a famous face; be it subliminally or consciously, a celebrity brings with them a set of audience expectations that need to square up with the ‘feel’ of the rest of the event. In the same way that advertisers match a celebrity to a brand for an advertising campaign, event planners need to find the right host/speaker/performer for the event. When the fit isn’t right with a celebrity appearance, your audience will notice.
The biggest mistake one can make is booking celebrities for celebrities’ sake. That’s especially true when working on a tight budget where money might be better spent getting a genuinely great Cabaret act or Circus performer instead of whoever came 5th on this year’s Celebrity Big Brother.
When it works however, a celebrity appearance can be extremely valuable. One of the appeals of having celebs at events is the aforementioned associations they bring with them. A well respected public person can reinforce brand values or signal a change in direction for a company’s image. Some of these famous folk are famous for a reason after all; a well chosen celebrity guest can energise a room thanks to the kind of charisma that sadly, Joe Public can’t match.
For more of our thoughts on corporate entertainment and the events indutsry, take a look at our regularly updated blog.












