Preview

Marketers and Consumers Learn the Perils of Promotion

Good Essays
Open Document
Open Document
953 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketers and Consumers Learn the Perils of Promotion
1. Discuss the ethics of promotions and the ways how marketers could avoid or protect themselves against promotion snafu.

Marketers need to follow the right guidelines in order to promote or advertise their products. For Malaysia, we had The Advertising Authority (ASA) that was established in 1977 to provide independent scrutiny of the then newly created selfregulatory system set up by the industry. Their main tasks are to promote and enforce high ethical standards in advertisements, to investigate complaints, to identify and resolve problems, to ensure that the system operates in the public interest and to act as a channel for communications with those who have an interest in advertising standards. Malaysian Code of Advertising Practice All practitioners of advertising are required to abide by the Malaysian Code of Advertising Practice. The Code contains principles describing the essence of good advertising. 1. All advertisements should be legal, decent, honest and truthful.

2. Advertisements must project the Malaysian culture and identity, reflect the multi-racial character of the population and advocate the philosophy of RUKUN NEGARA. 3. Advertisements must not identify or typecast each particular racial group or sex with vocations, traditional values and backgrounds. 4. Advertisements must comply in every respect with the Law, common or statute. 5. All advertisements should be prepared with a sense of responsibility to consumers and to society. 6. All advertisements should conform to the principles of fair competition as generally accepted in business. 7. No advertisements shall bring advertising into disrepute or reduce confidence in advertising as a service to the industry and to the public. 8. Advertisements must be clearly distinguishable as such.

Contests and sweeptakes Marketers could avoid or protect themselves against promotion snafu by providing full disclosure of the promotion. Besides that, marketers are also required to make certain all of

You May Also Find These Documents Helpful

  • Powerful Essays

    Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety.…

    • 3669 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    LEG 500 A4

    • 3367 Words
    • 10 Pages

    Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety.…

    • 3367 Words
    • 10 Pages
    Better Essays
  • Best Essays

    Businesses exist for the purpose of making money. To do so, companies are constantly looking to improve sales of their products or services. In order to accomplish this, it is important that consumers be made aware of what it is that a business has to offer. As previously discussed, marketing is everything involved in the promoting of a business’s products or services. But in the following paragraphs one specific aspect of marketing will be discussed. The discussion will be dealing with advertising. When something is advertised it is made known. To advertise something is to describe or draw attention to something in a public medium in order to promote its sales. It probably goes without saying that effective advertising is a key to the success of a business (Advertising & Marketing Law, 2015).…

    • 1383 Words
    • 4 Pages
    Best Essays
  • Good Essays

    When learning about the different forms of communication advertising is one of the most interesting because it taps into the human psyche. Advertising is the attempt to persuade potentional customers to purchase or consume more of a particular brand or product. Today, ads are scattered everywhere and they are multiplying. Ads have been known to take up more than half the space in most daily newspapers and consumer magazines. They are inserted into trade books and textbooks. They also reach as far as cluttering websites and fill are mailboxes and the buses we ride. Advertising to us today surrounds our everyday life so much that it almost blends into our environment. The objective of advertisers is to make sure it doesn’t!…

    • 557 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The effects of advertising on our minds have left a scar on the name of advertisement. The criticism has piled up and is now a name that advertisers must live with. They will constantly be reminded that too much advertisement, while good for the company, is not good for society. There are many ways of advertisement and there will surely be new ideas in the upcoming years, but scrutiny will always play a big role in…

    • 709 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Marketing and its crucial nature in our American society should be under watch due to its persuasive hold on the common consumer. Tools this powerful and considerably life altering cannot be taken lightly. However, when done correctly and with good intent, ethics and legality should be incorporated by businesses to achieve a peak performance. Companies that wish to operate legally and ethically should be sure to incorporate truth and unswayable audiences. Full disclosure of information and regard for harmful products are what separate companies not only in terms of integrity, but also in the minds of the…

    • 1173 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Specific purpose / proposition: to show basic concept of advertising and why its is so important for all business and to present in brief about some popular mediums of advertising being used today and professional scope.…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    As of recent decades, advertising has become a vital source of the promotion of goods and services but is equally important the promotion of advertisements.…

    • 587 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Advertising is the chief profitable industry in the United States today. Billboards, signs, magazines, newspapers, radios, televisions, and computers are just some of the places where advertisements are found. At the heart of any one company's advertising campaign is the consumer. The consumer has complete control of their own money and can choose to buy any product or service they desire. Advertising does not control the consumers on what they buy. It only informs them on what they can buy. This is known as consumer sovereignty. It is the responsibility of the company to develop an advertising campaign that generates a demand for their product or service. A company usually promotes a product or service by means of appealing to a particular group in society. For example, an advertisement's target audience could be men between the ages of 25 and 40 or children between the ages of 5 and 10. There are basic needs that all of us, as humans, share and the advertisement agencies incorporate them into their ads. The most…

    • 1104 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Ethics

    • 308 Words
    • 2 Pages

    2. Take two companies of your choice which advertise and promote themselves significantly through the internet in its various forms and consider critically the morality of the promotional material and practices, the claims made for the products/services, and (where relevant), the pricing policy you find in their sites. Illustrate your answer with clear examples.…

    • 308 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nike's Csr Challenge

    • 589 Words
    • 3 Pages

    In 2005 after reporting on its widespread abusive treatment in factory plans Nike’s came back to report on its social and environmental practices. Some of the Challenges that Nike and other apparel industries face in its supply chains around the World are many. Companies like Nike needs to consider people, planet and profit from now on. Nike understood as well as other competitors that seeking good societal relations should be seen as both good to society and good for profitability. The company understands now that the strategic shift for Nike’s Management can not only been seen as a close system. Its future depends on the reshaping the signals that are being sent to customers, suppliers, investors, so that the company can also operate in a sustainable way, which is also financially viable.…

    • 589 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ethical Norms and Values

    • 664 Words
    • 3 Pages

    The article “Ethical Norms and Values for Marketers” has just opened my eyes to understanding more and taking clearer picture about marketing system, and the intentions and proclamation of it, promoted by the American Marketing Association (AMA) in US. I admire their intense, neutral sounding principles.…

    • 664 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Introduction (i) The Advertising Control System Introduction 1 General Principles 6 Appendices on Specific Categories of Advertisements 22 The Malaysian Code of Advertising Practice (hereinafter referred to as “the • APPENDIX A : Children and Young People 22 Code”) is a fundamental part of the system of control by which Malaysian • APPENDIX B : Medicinal and Related Products and Advertisements Containing Health Claims advertising regulates its activities. 26 • APPENDIX C : Advertising for Alcoholic Drinks 44…

    • 19439 Words
    • 78 Pages
    Powerful Essays
  • Good Essays

    Note

    • 1008 Words
    • 5 Pages

    3) A demographic (2 words) (SOCIALCLASS) 4) Goods or services produced by a business (PRODUCT) 5) External Negatives (THREATS) 8) An original P (PROMOTION) 10) Buyer (CUSTOMER) 11)…

    • 1008 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Although there are at present a number of applicable ordinances regulating the contents of advertisements in Hong Kong, Hong Kong still does not have a piece of comprehensive legislation to regulate advertising practice. The aim of setting up a comprehensive legislation is to protect the general public so that they will not misguide by the advertisements and lead to unnecessary loss. According to the chairperson of Consumer Council, what government should do is to enact a cross-sector statute so as to forbid the use of unfair trade practices by traders and the proposed statute should apply to all products, services and industries. For instance, the advertisement about sliming is not control by the ordinances, so the consumer is unprotected that the government should safeguard the right of the consumer. Hong Kong can also take the England’s “Control of Misleading Advertisements Regulation” as reference that it is a specific law to regulate advertising practices. When there is a comprehensive law being adopted, the government needs not to set up codes of practices according to different industries anymore and it will be easier to implement the law.…

    • 1083 Words
    • 5 Pages
    Good Essays