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Advertising Week-5
Deceptive Advertising & Regulations
Term | Definition |
---|---|
Puffery Words | Advertisers use of exaggerated claims to make something sound better than it is. |
Weasel Words | Advertisers make a claim seem legitimate by using words such as help or virtually. |
Types of Puffery Words | Greatest, Finest, Best, Better |
Types of Weasel Words | Comforts, Controls, Strengthens |
Deceptive advertising | A representation, omission, or practice that is likely to cause a substantial segment of potential customers to have a false belief about the advertiser’s or a competitor’s product. |
Federal Trade Commission | The main governmental regulatory agency for advertising. |
Demographic Segmentation is based on... | Age, Gender, Education, etc. |
Psychographic Segmentation is based on... | Social Class, Personality, Lifestyle, etc. |
Patent | The grant of an intellectual property right to the inventor to exclude others from making, using, or selling the invention throughout the United States without permission for a limited time in exchange for public disclosure of the invention. |
Copyright | A form of protection provided to the authors of original works of authorship including literary, dramatic, musical, artistic, and certain other intellectual works, both published and unpublished. |
List the 4 Market Segments | Geographic, Demographic, Behavioral, and Psychographic |
Trademark | A word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distinguish them from the goods of others. |
Food & Drug Administration | Responsible for protecting the public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices; and by ensuring the safety of our nation's food supply. |
Securities & Exchange Commission | These federal agencies mission is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. |
The Federal Communications Commission | Regulates interstate and international communications by radio, television, wire, satellite, and cable in all 50 states, the District of Columbia and U.S. territories |
Geographic Segmentation is based on... | City, Country, Population Density, etc. |
Behavioral Segmentation is based on... | Purchasing Habits, Spending Habits, Customer Loyalty, etc. |
Securities & Exchange Commission | Protects investors, promotes fairness in the securities markets, and shares information about companies and investment professionals to help investors make informed decisions and invest with confidence. |
National Advertising Review Board | The appellate body for the U.S. system of advertising industry self-regulation. |