UNETHICAL TECHNIQUES Bait and Switch: Advertisement entices customers into the store with that are . Once consumers.

Slides:



Advertisements
Similar presentations
Persuasion in the Marketplace. Warm Up... How many of you have a television in your bedroom? How many hours of television do you watch daily? What is.
Advertisements

Review of Chapter 27: Money Management
FRAUD & DECEPTION Unit 7 Consumer Skills By: Doris Reins.
Consumer Powers and Protections
 For years, smart shoppers abided by the term Caveat Emptor, or “let the buyer beware”.  However now, society demands that manufacturers be held responsible.
Fraud and Identity Theft Test Review. Who should you contact if you are a victim of identity theft?
Consumer Problems Mrs. Wilson Career & Financial Management.
The influence of advertising. commonly used advertising techniques peer approval ■ Associates product use with friendship/acceptance.
Teens 2 lesson nine protecting your money presentation slides 04/09.
FASHION PROMOTION. Promotion: communicating with customers about products and services to create demand.
Advertisements Advertising is designed: To make people buy what the advertiser has for sale. Advertisements have a common goal: to influence people’s opinion.
Some Types of Scams and what you need to now about them and what you need to now about them.
Lesson 9-3 Consumer Protection Laws LEARNING GOALS -LIST AND EXPLAIN CONSUMER PROTECTION LAWS THAT ARE RELATED TO CREDIT -DISCUSS THE PROCESSES OF USING.
Marketing Plan and Advertisements Shark Tank, Week 3, 2014.
Protecting your Money: Advertising Coach Markus. Objectives Recognize questionable advertising techniques. Identify ways consumers can protect themselves.
Beware! Consumer Fraud Module 9.1.
Quackery Lesson (Consumer Health Unit) TSWBAT to analyze if an ad is quackery or not while selling a consumer health product. TSWBAT differentiate.
Schedule  An organized written plan to help reach your goals within a certain period of time.
Business & Personal Finance CONSUMER RESPONSIBILITIES.
Marketing ethics, audit and objectives
Quackery Lesson (Consumer Health Unit) TSWBAT to analyze if an consumer health product advertisement is quackery or not. TSWBAT differentiate between different.
Can you figure this out??!!.
UNIT VII – Personal Financial Literacy Consumer Protection & Fraud.
FACT AND OPINION. FACT A fact is a statement that can be proved. Statistics, incidents, and descriptive observations are all facts.
Teens lesson ten the influence of advertising presentation slides 03/08.
Advertising/Health Fraud Lesson 2 (Consumer Health Unit) TSWBAT to define health fraud and quackery. TSWBAT differentiate between different advertising.
The influence of advertising. commonly used advertising techniques information ■ Presentation of simple, direct information. status ■ Associates product.
Advertising in relation to markets Producers must think about many things when they decide how to promote their products. Of course at the top of the.
ADVERTISING Don’t park under this ad!. LET’S THINK… Why do businesses advertise? What are brand name products?  What are the benefits and costs of brands.
Introduction to Business Ch. 25: The Uses of Credit.
1.3 Safeguarding Your Privacy Identity Theft is the illegal use of an individual’s personal information.
How Con Artists Will Steal Your Savings and Inheritance Through Telemarketing Fraud, Investment Schemes and Consumer Scams.
Role of Advertising PRINT AD  An ad in a newspaper, magazine, telephone directory, or other publication.
1 UNIT F FASHION PROMOTION 6.01 Identify the components of the promotional mix.
The Wonderful World of ADVERTISING Chapter 1.5. Why advertise? Make a profit! Make a profit!
The influence of advertising. Why do you buy the things you buy?
FINANCIAL PLANNING. Objectives:  By the end of this unit, you will:  Examine why it’s important to have a plan for your money  Know what SMART goals.
Being a Good Consumer Chapter Traits of Skillful Consumers Consumer – a person who purchases goods and services Become familiar with available products,
Vocabulary 6 rights of consumer Expressed Warranty Implied Warranty Guarantee As is FTC 6 rights of consumer Expressed Warranty Implied Warranty Guarantee.
Journal 5/14 What is marketing? What are some different ways in which companies market their products? Why do you think marketers want to target teens?
Review 15.1 Things you need to know!. Perseverance A personal characteristic that causes one to view a failure as a challenge, not a defeat.
DHQ Lesson 2 – Do you know of any advertising techniques?
CHAPTER 26 – DECEPTIVE SALES PRACTICES. TELEMARKETING SALES  Telemarketing – the practice of selling or marketing goods and services by phone  Two Kinds.
In this unit, you will understand:
Deceptive Sales Practices Chapter 26. Door-to-Door Sales  There are some door-to-door and telephone salespeople who place intense pressure on people.
Presented by: Mrs. Flowers SALES AND MARKETING CONSUMER RESPONSIBILITIES.
BELL RINGER **Read the “Warm-Up” on the top of page 18** Which shampoo would you buy and why??
Teens 2 lesson nine protecting your money presentation slides 04/09.
Becoming a Smart Consumer
Start working on Jack’s budget! Put on poster paper!
What are the different ways you could pay for a car?
Closing the Sale and Following Up
The influence of advertising
the influence of advertising
The Influence of Advertising
Being a Health Literate Consumer (3:04)
Financial Literacy Skills
Chapter Section Deception & Fraud   Pages   ~People sometimes buy products that don’t meet their needs.   ~Products that the quality.
Factors That Influence Buying Decisions
Personal Finance or.
Facts about advertising
Consumer education the influence of advertising 04/09.
Closing the Sale and Following Up
The influence of advertising
lesson ten the influence of advertising presentation slides Teens
The influence of advertising
Advertising and the Consumer
Sales Techniques Come-Ons Puffing High Pressure Product Enhancement
Closing the Sale and Following Up
Chapter 3 Your Purchasing Power
Presentation transcript:

UNETHICAL TECHNIQUES Bait and Switch: Advertisement entices customers into the store with that are . Once consumers are in the store, they are told the item is and are shown a similar, but , item. (Often sales tactics are used and in most states.) Exploitation of fears and misgivings: Ad on consumer’s .

UNETHICAL TECHNIQUES Supermarket Specials: Advertisement of products that are or that are to consumers at the advertised price. Out-of-context Quotations: Comments by a or passages from a story to imply of a product or service.

MISLEADING ADVERTISING Health Fraud: Promises and . Products developed after “ ” and “proven to provide results.” Testimonials from medical experts and satisfied customers. Credit Repair: Offers, , to fix a bad . (Credit repair is impossible!)

MISLEADING ADVERTISING “Get Rich Quick” Schemes: Ads that offer an opportunity to earn with very little effort. Product Misrepresentation: Uses names similar to . Merchandise offered at for a limited time only. Vague descriptions of product.

MISLEADING ADVERTISING Travel Fraud: Offers accompanied by . Vague description of services and

INFOMERCIALS “Commercials” similar to the program content. How To Spot: “Commercials” similar to the program content. Sponsor identified at beginning or end. One product is proclaimed superior. Protect Yourself: Use a credit card. The Fair Billing Act will offer you some protection if you have problems with the bill or the quality of the product.

INFOMERCIALS Order or Pay By Mail: Your purchase will be covered under the Mail Order Rule. Actions to Avoid: Giving your bank account number over t phone. Remember: Product claims are made by the adviser. Such claims represent neither an objective nor an independent evaluation of the product.

RULES FOR EVALUATING ADS Ask Yourself Basic Questions: - Does the ad appeal to your ? - Look beyond the to find out what the ad (or does not say) about the product or service. - What are the of the product? - Are these features ?

RULES FOR EVALUATING ADS As You Read, Listen To, Or Watch Advertisements… - Search for in the ad. - Be alert to (those that make unreasonable about the product or service). - Read the , or carefully.