SlideShare a Scribd company logo
1 of 17
ETHICS IN MARKETING

SUKANTA ROY
SHIFALI CHOUDHARY
SUPRIYA SINGH

NITY NIHARIKA
WHAT IS ETHICS?

Is the art and science of determining
good and bad or right or wrong moral
behavior.
WHAT IS MARKETING?

Marketing is the science and art of exploring, creating, and
delivering value to satisfy the needs of a target market at a profit.
WHY ETHICS ?
• When an organization behaves
ethically, customers develop
more positive attitudes about
the firm, its products, and its
services.
MARKETING ETHICS:
Marketing ethics as a right or wrong action
Marketing ethics means a standard by which a marketing action may
be judged “RIGHT” or “WRONG”.
MARKETING ETHICS
• is the area of applied
ethics which deals with the
moral principles behind the
operation and regulation
of marketing. Ethics in marketing
applies to different spheres such as
in
product, pricing, Placing(Distributio
n), promotion & advertising etc...
WHY WE NEED ETHICS IN MARKETING?

We can give many reasons but will notify some:
• When an organization behaves ethically, customers develop more positive attitudes about
the firm, its products, and its services.
• To create Values or trust with key stakeholders
• To build good image about the organization in the minds of
customer, employees, shareholders and the society.
ETHICAL ISSUES IN MARKETING:

We discuss Marketing issues by using 4P’S OF MARKETING:
• PRODUCT & PACKAGING
• PRICE
• PLACING (DISTRIBUTION)
• PROMOTION (ADVERTISING & BRANDING)
PRODUCT

• Consumer safety
• Product liability and reliability
• Designing for special needs
PACKAGING

 Label information
 Packaging graphics
 Packaging safety
 Environmental
implication of
packaging
PRICE: SECOND P OF MARKETING
• Bid rigging
• Supra competitive pricing
• Price fixing
• Price skimming
• Predatory pricing
• Price war
• Dumping (pricing policy)
• Variable pricing
PLACING: DISTRIBUTION

 Product distribution (or place) is one of the four elements of
the Marketing MIX.

 Distribution of product or service is transporting them from
manufacture to stockiest, wholesalers, retailer and then to
consumers.
ETHICAL ISSUES IN DISTRIBUTION

• Ethical questions may also arise in the distribution process.
• Because sales performance is the most common way in which marketing representatives and
sales personnel are evaluated.

• performance pressures exist that may lead to ethical dilemmas. For example: pressuring
vendors to buy more than they need and pushing items that will result in higher commissions
are temptations.
ADVERTISING &BRANDING

• Promotion is one of the four elements of marketing mix (product, price, promotion, place). It is the
communication link between sellers and buyers for the purpose of influencing, informing, or persuading
a potential buyer's purchasing decision.

• To present information to consumers as well as others
• To increase demand
• To differentiate a product
ETHICAL ISSUES IN ADVERTISING
• Puffery
• Advertising to Children
• Promoting Unhealthy Products
• Subliminal Advertising
• Deceptive Advertising
Thank
You

More Related Content

What's hot

Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycle
Dr. J. Jayapradha Varma
 
Advertising effectiveness
Advertising effectivenessAdvertising effectiveness
Advertising effectiveness
Ashu Chopra
 
Marketing environment
Marketing environmentMarketing environment
Marketing environment
mustafvi786
 
Ethical marketing and ethics in advertising
Ethical marketing and ethics in advertisingEthical marketing and ethics in advertising
Ethical marketing and ethics in advertising
Mary Titova
 

What's hot (20)

Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Advertising and sales promotion
Advertising and sales promotionAdvertising and sales promotion
Advertising and sales promotion
 
Product management and product life cycle
Product management and product life cycleProduct management and product life cycle
Product management and product life cycle
 
Market Control ppt
Market Control pptMarket Control ppt
Market Control ppt
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
Ethics In Advertising
Ethics In AdvertisingEthics In Advertising
Ethics In Advertising
 
Integrated marketing communication
Integrated marketing communicationIntegrated marketing communication
Integrated marketing communication
 
Advertising effectiveness
Advertising effectivenessAdvertising effectiveness
Advertising effectiveness
 
Brand positioning
Brand positioning Brand positioning
Brand positioning
 
Marketing research process
Marketing research processMarketing research process
Marketing research process
 
Services Marketing Notes(PPT)
Services Marketing Notes(PPT) Services Marketing Notes(PPT)
Services Marketing Notes(PPT)
 
Ethics in functional areas
Ethics in functional areasEthics in functional areas
Ethics in functional areas
 
Marketing environment
Marketing environmentMarketing environment
Marketing environment
 
Marketing - Definition & Importance, Concepts & Marketing Management Tasks
Marketing - Definition & Importance, Concepts & Marketing Management TasksMarketing - Definition & Importance, Concepts & Marketing Management Tasks
Marketing - Definition & Importance, Concepts & Marketing Management Tasks
 
Marketing meaning, definition, scope
Marketing  meaning, definition, scopeMarketing  meaning, definition, scope
Marketing meaning, definition, scope
 
Ethical marketing and ethics in advertising
Ethical marketing and ethics in advertisingEthical marketing and ethics in advertising
Ethical marketing and ethics in advertising
 
Service marketing introduction, , classification and challenges
Service marketing introduction,  , classification and challengesService marketing introduction,  , classification and challenges
Service marketing introduction, , classification and challenges
 
Services marketing (ppt slides)
Services marketing (ppt slides)Services marketing (ppt slides)
Services marketing (ppt slides)
 
Product positioning ppt
Product positioning pptProduct positioning ppt
Product positioning ppt
 
Creating customer value, Satisfaction and Loyalty
Creating customer value, Satisfaction and LoyaltyCreating customer value, Satisfaction and Loyalty
Creating customer value, Satisfaction and Loyalty
 

Viewers also liked

Ethical issues and marketing mix
Ethical issues and marketing mixEthical issues and marketing mix
Ethical issues and marketing mix
Dr. Stephen Oyewole
 
Lecture 3 marketing ethics
Lecture  3 marketing ethicsLecture  3 marketing ethics
Lecture 3 marketing ethics
JAHANGEIR
 
Ethical & Unethical Marketing
Ethical & Unethical MarketingEthical & Unethical Marketing
Ethical & Unethical Marketing
Gamal Al-Kubati
 
Impact of business environment on ethics
Impact of business environment on ethicsImpact of business environment on ethics
Impact of business environment on ethics
Nikhil Sharma
 
Intellectual Property Rights in India : An Overview
Intellectual Property Rights in India : An OverviewIntellectual Property Rights in India : An Overview
Intellectual Property Rights in India : An Overview
Dr. Kalpeshkumar L Gupta
 
Unethical advertisements
Unethical advertisementsUnethical advertisements
Unethical advertisements
Amit Gehi
 
Cross Cultural Management
Cross Cultural ManagementCross Cultural Management
Cross Cultural Management
guest34faa6
 
Cross cultural management
Cross cultural managementCross cultural management
Cross cultural management
Mingsheng Li
 

Viewers also liked (20)

Ethical issues and marketing mix
Ethical issues and marketing mixEthical issues and marketing mix
Ethical issues and marketing mix
 
Lecture 3 marketing ethics
Lecture  3 marketing ethicsLecture  3 marketing ethics
Lecture 3 marketing ethics
 
Ethical & Unethical Marketing
Ethical & Unethical MarketingEthical & Unethical Marketing
Ethical & Unethical Marketing
 
Marketing Ethics
Marketing Ethics Marketing Ethics
Marketing Ethics
 
Effects of Advertising
Effects of AdvertisingEffects of Advertising
Effects of Advertising
 
Intellectual property rights
Intellectual property rightsIntellectual property rights
Intellectual property rights
 
Impact of business environment on ethics
Impact of business environment on ethicsImpact of business environment on ethics
Impact of business environment on ethics
 
Presentation on Intellectual Property Rights
Presentation on Intellectual Property RightsPresentation on Intellectual Property Rights
Presentation on Intellectual Property Rights
 
Intellectual property Rights in India
Intellectual property Rights in IndiaIntellectual property Rights in India
Intellectual property Rights in India
 
Intellectual Property Rights in India : An Overview
Intellectual Property Rights in India : An OverviewIntellectual Property Rights in India : An Overview
Intellectual Property Rights in India : An Overview
 
Intellectual Property Rights
Intellectual Property RightsIntellectual Property Rights
Intellectual Property Rights
 
Unethical advertisements
Unethical advertisementsUnethical advertisements
Unethical advertisements
 
Intellectual Property Rights (IPR)
Intellectual Property Rights (IPR)Intellectual Property Rights (IPR)
Intellectual Property Rights (IPR)
 
Cross Cultural Management
Cross Cultural ManagementCross Cultural Management
Cross Cultural Management
 
Green marketing ppt
Green marketing pptGreen marketing ppt
Green marketing ppt
 
green marketing
green marketinggreen marketing
green marketing
 
Intellectual property right
Intellectual property rightIntellectual property right
Intellectual property right
 
Negotiation Skills and Conflict Handling
Negotiation Skills and Conflict HandlingNegotiation Skills and Conflict Handling
Negotiation Skills and Conflict Handling
 
Cross cultural management
Cross cultural managementCross cultural management
Cross cultural management
 
Marketing warfare
Marketing warfareMarketing warfare
Marketing warfare
 

Similar to Ethics in marketing

mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptxmps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
ssusera68a77
 

Similar to Ethics in marketing (20)

Be final ppt
Be final pptBe final ppt
Be final ppt
 
Marketing ppt
Marketing pptMarketing ppt
Marketing ppt
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Marketing presentation
Marketing presentationMarketing presentation
Marketing presentation
 
5.MARKETING ETHICS - Copy5.pptx
5.MARKETING ETHICS - Copy5.pptx5.MARKETING ETHICS - Copy5.pptx
5.MARKETING ETHICS - Copy5.pptx
 
Business and marketing ethics on consumer behavior
Business and marketing ethics on consumer behaviorBusiness and marketing ethics on consumer behavior
Business and marketing ethics on consumer behavior
 
15 intro to marketing
15   intro to marketing15   intro to marketing
15 intro to marketing
 
309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1309545719 bsbmkg501-presentation-1
309545719 bsbmkg501-presentation-1
 
Marketing Environment 1.pptx, market folds
Marketing Environment 1.pptx, market foldsMarketing Environment 1.pptx, market folds
Marketing Environment 1.pptx, market folds
 
Cmarketing 1
Cmarketing 1Cmarketing 1
Cmarketing 1
 
mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptxmps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
mps812-lecture3-aug2011-110814031403-phpapp01-converted.pptx
 
Marketing mix
Marketing mixMarketing mix
Marketing mix
 
Marketing Management Introduction.pptx
Marketing Management Introduction.pptxMarketing Management Introduction.pptx
Marketing Management Introduction.pptx
 
CAS Required: Advertising and Marketing Overview Part 1
CAS Required: Advertising and Marketing Overview Part 1CAS Required: Advertising and Marketing Overview Part 1
CAS Required: Advertising and Marketing Overview Part 1
 
Tourism Marketing
Tourism MarketingTourism Marketing
Tourism Marketing
 
Market mix 2
Market mix 2Market mix 2
Market mix 2
 
Introduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and ScopeIntroduction to Marketing, Features, Needs and Scope
Introduction to Marketing, Features, Needs and Scope
 
NATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETINGNATURE AND SCOPE OF MARKETING
NATURE AND SCOPE OF MARKETING
 
Marketing module_1.pdf
Marketing module_1.pdfMarketing module_1.pdf
Marketing module_1.pdf
 
Lec-2 Elements of marketing mix , its nature and scope.pptx
Lec-2  Elements of marketing mix , its nature and scope.pptxLec-2  Elements of marketing mix , its nature and scope.pptx
Lec-2 Elements of marketing mix , its nature and scope.pptx
 

Ethics in marketing

  • 1. ETHICS IN MARKETING SUKANTA ROY SHIFALI CHOUDHARY SUPRIYA SINGH NITY NIHARIKA
  • 2. WHAT IS ETHICS? Is the art and science of determining good and bad or right or wrong moral behavior.
  • 3. WHAT IS MARKETING? Marketing is the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit.
  • 4. WHY ETHICS ? • When an organization behaves ethically, customers develop more positive attitudes about the firm, its products, and its services.
  • 5. MARKETING ETHICS: Marketing ethics as a right or wrong action Marketing ethics means a standard by which a marketing action may be judged “RIGHT” or “WRONG”.
  • 6. MARKETING ETHICS • is the area of applied ethics which deals with the moral principles behind the operation and regulation of marketing. Ethics in marketing applies to different spheres such as in product, pricing, Placing(Distributio n), promotion & advertising etc...
  • 7. WHY WE NEED ETHICS IN MARKETING? We can give many reasons but will notify some: • When an organization behaves ethically, customers develop more positive attitudes about the firm, its products, and its services. • To create Values or trust with key stakeholders • To build good image about the organization in the minds of customer, employees, shareholders and the society.
  • 8. ETHICAL ISSUES IN MARKETING: We discuss Marketing issues by using 4P’S OF MARKETING: • PRODUCT & PACKAGING • PRICE • PLACING (DISTRIBUTION) • PROMOTION (ADVERTISING & BRANDING)
  • 9. PRODUCT • Consumer safety • Product liability and reliability • Designing for special needs
  • 10. PACKAGING  Label information  Packaging graphics  Packaging safety  Environmental implication of packaging
  • 11. PRICE: SECOND P OF MARKETING • Bid rigging • Supra competitive pricing • Price fixing • Price skimming
  • 12. • Predatory pricing • Price war • Dumping (pricing policy) • Variable pricing
  • 13. PLACING: DISTRIBUTION  Product distribution (or place) is one of the four elements of the Marketing MIX.  Distribution of product or service is transporting them from manufacture to stockiest, wholesalers, retailer and then to consumers.
  • 14. ETHICAL ISSUES IN DISTRIBUTION • Ethical questions may also arise in the distribution process. • Because sales performance is the most common way in which marketing representatives and sales personnel are evaluated. • performance pressures exist that may lead to ethical dilemmas. For example: pressuring vendors to buy more than they need and pushing items that will result in higher commissions are temptations.
  • 15. ADVERTISING &BRANDING • Promotion is one of the four elements of marketing mix (product, price, promotion, place). It is the communication link between sellers and buyers for the purpose of influencing, informing, or persuading a potential buyer's purchasing decision. • To present information to consumers as well as others • To increase demand • To differentiate a product
  • 16. ETHICAL ISSUES IN ADVERTISING • Puffery • Advertising to Children • Promoting Unhealthy Products • Subliminal Advertising • Deceptive Advertising