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Publicity Art

(From a PPS with author: Iancu)

Music: Mozart, No 1 in B flat K207- 3

Federal Trade Commission establish new rules beginning with December 1 for bloggers, forcing it to disclose any payment they receive for reviews. This applies for advertisers as well as for celebrities. The penalties are up to $11,000 for the violation of these rules. Richard Cleland, assistant director for the division of advertising practices at the FTC, said that "given that social media has become such a significant player in the advertising area, we thought it was necessary to address social media as well."

While FTC is a specific US institution, I do not understand how these rules will be applied to the bloggers belonging to other nations, that comply with their own nation rules. Besides, as stated by Rick Calvert, chief executive of the blogger conference BlogWorld & New Media Expo, there are "tens of millions of blogs, podcasts and other forms of new media content out there and growing every day," so it is difficult to enforce the FTC rules.

A Professor at one of the IIMs was explaining marketing concepts to the Students:

You see a gorgeous girl at a party. You go up to her and say: "I am very rich, marry me!" - That's Direct Marketing"

You're at a party with a bunch of friends and see a gorgeous girl. One of your friends goes up to her and pointing at you says: "He's very rich."Marry him." -That's Advertising"

You see a gorgeous girl at a party. You go up to her and get her telephone number. The next day, you call and say: "Hi, I'm very rich."Marry me - That's Telemarketing"