marketing ethics fina

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Part 6 Marcom Constrains Ethical- Regulatory & Environmental Issues

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Page 1: Marketing ethics fina

Part 6 Marcom Constrains

Ethical- Regulatory & Environmental Issues

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WHY - HOW?

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ETHICAL ISSUES

REGULATIONS

GREEN MARKETING

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The Ethics Of Targeting

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Targeting Children and Teens

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Targeting

Food & Beverage Products

Tobacco & Alcohol Products

Miscellaneous Products

Economically Disadvantage

d Products

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Obesity - Exploitive

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Is Targeting Unethical or just Good Marketing ??

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Ethical Issues in Advertising

Untruthful & Deceptive

MANIPULATIVE

Offensive

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Persuades peoplebuying

things They don’t really

Need

Plays On fears & Insecurities

Creates Stereotypes

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A Trade Association’s Code Of Ethical Standards

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Public Relations

Packaging & Branding

Sales Promotion

Ethical Issues in

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Ethical Issues in Online Marketing

Privacy Concern- Falsified testimonials

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Fostering Ethical Marketing Communications

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Regulation of Marketing Communications

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When Is Regulation Justified?

• When Consumer decisions are based on False Or Limited Information .

• When Benefits realized exceed the costs

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Regulation By Federal Agencies

When Marketing becomes Deceptive ?

• 1- Misleading • 2- Reasonable

Consumer• 3- Material

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Cunning Forms Of Ads Deception

• BUZZ BUILDING or VIRAL CAMPAIGNS • INFOMERCIALS

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Unfair Practice Considerations

Offends Publ

ic Policy

Immoral – Unethical

or Oppressiv

e

Cause substantial Injury

to Consum

ers\ competitors or other

business

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Information Regulation• Corrective

Advertising

Product Labeling Info. Must

appear

Prescription Drug

Ads.Side

effects

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Regulation By state Agencies

• Stronger preferred

Advertising Self Regulation

• By advertisers- industry & associations

Media Self RegulationAdvertising Clearing Process

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NARCNational Advertising Review

Council

-Self Regulation-

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Environmental Marketing

Communications Green Marketing Initiatives

Seal Of Approval Program

Cause & Event – Oriented Sponsorship

Point Of Purchase Programs – DM efforts & Out door Adv. Responcses

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Guidelines for Green Marketing Clear Qualifications &

Disclosures

Clear Application of the claims

Real Environmental attributes – benefits (not overstated)

Sufficient comparisons

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Ethics ..

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The Other side Of Marketing

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You name it

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Respected Marketing Practices

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MARCOM tools are like any other Tools around

depends on the way you use it

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Ethics Does Matter .. it is the main Matter