SlideShare a Scribd company logo
Group 05
Faculty of Management & Finance
University of Colombo
 It is a dimension of social responsibility that
involves principals and standards that define
acceptable conduct in marketing.
 It is the area of applied ethics which deals
with the moral principles behind the
operation and regulation of marketing.
 Some areas of marketing ethics overlap with
media ethics.
 Ethical marketing refers to the application of
marketing ethics into the marketing process.
 Study of ethical marketing should be included in
applied ethics and involves examination of
whether or not an honest and factual
representation.
 The increasing trend of fair trade is an example of
the impact of ethical marketing.
When an organization behave ethically, customers
develop more positive attitudes about the firm, its
products and its services.
To create value or trust with the company.
To build good image about the organization in the
minds of costumer, employee, companies and the
society.
Selling goods abroad which are banned at home
Omitting to provide information on side effects
Unsafe products
Built in obsolescence
 Wasteful and unnecessary packaging
 Deception on size and content
 Inaccurate and incomplete testing of products
 Treatment of animals in product testing
• Big rigging
• Dumping(pricing policy)
• Predatory pricing
• Price discrimination
• Price fixing
• Price skimming
• Price war
• Super competitive pricing
• Variable pricing
Place
 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 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 exits 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.
EXAMPLES:
• Many vendors sell products that have crossed expiry
date is unethical.
• Most drug stores would give too many drugs without
• Perception from a qualified doctor.
Promotion
 Promotion is the communication link between sellers and
buyers for the purpose of influencing or persuading a
potential buyer’s purchasing decision.
 To present information to consumers as well as others.
 To increase demand.
 To differentiate a product.
How promotion use in Unethical way
 Puffery
 Promoting unhealthy products
 Subliminal advertising
 Deceptive advertising
• Video
• https://youtu.be/c_jxNQUU4f0
Examples for unethical
advertising
• Video
• https://youtu.be/1kJUjR-r_og
• Video
• https://youtu.be/5rwIBIQNDdg
• Video
• https://youtu.be/PRJqSkT4HsQ
Ethical Norms and
Values for Marketers
ETHICAL NORMS
• Do not harm
• Foster trust in the marketing system
• Embrace ethical values
ETHICAL VALUES
 Honesty
To be forthright in dealings with customers and
stakeholders.
 Responsibility
To accept the consequences of our marketing decision
and strategies.
 Respect
To acknowledge the basic human dignity of all
stakeholders.
 Transparency
To create a spirit of openness in marketing operations.
 Citizenship
To fulfill the economic, legal, philanthropic and societal
responsibilities that serve stakeholders.
 Fairness
To balance justly the needs of the buyer with the
interests of the seller.
 What is marketing ethics
 Ethical marketing
 Importance of marketing ethics
 Ethical issues in marketing
 Ethical norms and values
5.MARKETING ETHICS - Copy5.pptx

More Related Content

Similar to 5.MARKETING ETHICS - Copy5.pptx

Unit 3 Promotion.pdf
Unit 3 Promotion.pdfUnit 3 Promotion.pdf
Unit 3 Promotion.pdf
RoshanKumarDubey2
 
Ethics of marketing
Ethics of marketingEthics of marketing
Ethics of marketing
Desh Deepak
 
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
pantdinesh2050
 
Marketing Ethics
Marketing EthicsMarketing Ethics
Marketing Ethics
ashokshiva
 
Sales promotion final
Sales promotion finalSales promotion final
Sales promotion final
Shashank Wadekar
 
WOMMA FDA Presentation November 2009
WOMMA FDA Presentation November 2009WOMMA FDA Presentation November 2009
WOMMA FDA Presentation November 2009
John Bell
 
The importance of marketing research .pptx
The importance of marketing research .pptxThe importance of marketing research .pptx
The importance of marketing research .pptx
allyzavillaluz5
 
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptxLecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
FaizanGul6
 
Ethics in Marketing
Ethics in MarketingEthics in Marketing
Ethics in Marketing
Mohit Mahajan
 
Chapter 20 ar-fiii
Chapter 20   ar-fiiiChapter 20   ar-fiii
Chapter 20 ar-fiii
Randy Hawthorne
 
Unit ii ethics in mktng,adv & hrm
Unit ii ethics in mktng,adv & hrmUnit ii ethics in mktng,adv & hrm
Unit ii ethics in mktng,adv & hrm
Dr Vijay Vishwakarma
 
Ethics in marketing
Ethics in marketingEthics in marketing
Ethics in marketing
Ayeman Hasan
 
Lesson 4
Lesson 4Lesson 4
Marketingmix the7psofmarketing-120206204528-phpapp01
Marketingmix the7psofmarketing-120206204528-phpapp01Marketingmix the7psofmarketing-120206204528-phpapp01
Marketingmix the7psofmarketing-120206204528-phpapp01
University of Johannesburg
 
Pom ppt group 6
Pom ppt group 6Pom ppt group 6
Pom ppt group 6
RaniBhati1
 
Marketing presentation
Marketing presentationMarketing presentation
Marketing presentation
nadim akber
 
Corporate finance
Corporate finance Corporate finance
Corporate finance
Uday Sanghi
 
Cause marketing – an approach towards corporate social responsibility in Bulg...
Cause marketing – an approach towards corporate social responsibility in Bulg...Cause marketing – an approach towards corporate social responsibility in Bulg...
Cause marketing – an approach towards corporate social responsibility in Bulg...
Petar Petrov
 
Social marketing:Improving Policy Implementation
Social marketing:Improving Policy ImplementationSocial marketing:Improving Policy Implementation
Social marketing:Improving Policy Implementation
Stephen Dann
 
Marketing mix the 7 p's of marketing
Marketing mix  the 7 p's of marketingMarketing mix  the 7 p's of marketing
Marketing mix the 7 p's of marketing
Eli Santos
 

Similar to 5.MARKETING ETHICS - Copy5.pptx (20)

Unit 3 Promotion.pdf
Unit 3 Promotion.pdfUnit 3 Promotion.pdf
Unit 3 Promotion.pdf
 
Ethics of marketing
Ethics of marketingEthics of marketing
Ethics of marketing
 
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
4Ethical-standard.pptx do ajjhshisjhhwhhwjjwj
 
Marketing Ethics
Marketing EthicsMarketing Ethics
Marketing Ethics
 
Sales promotion final
Sales promotion finalSales promotion final
Sales promotion final
 
WOMMA FDA Presentation November 2009
WOMMA FDA Presentation November 2009WOMMA FDA Presentation November 2009
WOMMA FDA Presentation November 2009
 
The importance of marketing research .pptx
The importance of marketing research .pptxThe importance of marketing research .pptx
The importance of marketing research .pptx
 
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptxLecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
Lecture 4 - The Marketing Environment, Ethics & CSR (1) [Autosaved].pptx
 
Ethics in Marketing
Ethics in MarketingEthics in Marketing
Ethics in Marketing
 
Chapter 20 ar-fiii
Chapter 20   ar-fiiiChapter 20   ar-fiii
Chapter 20 ar-fiii
 
Unit ii ethics in mktng,adv & hrm
Unit ii ethics in mktng,adv & hrmUnit ii ethics in mktng,adv & hrm
Unit ii ethics in mktng,adv & hrm
 
Ethics in marketing
Ethics in marketingEthics in marketing
Ethics in marketing
 
Lesson 4
Lesson 4Lesson 4
Lesson 4
 
Marketingmix the7psofmarketing-120206204528-phpapp01
Marketingmix the7psofmarketing-120206204528-phpapp01Marketingmix the7psofmarketing-120206204528-phpapp01
Marketingmix the7psofmarketing-120206204528-phpapp01
 
Pom ppt group 6
Pom ppt group 6Pom ppt group 6
Pom ppt group 6
 
Marketing presentation
Marketing presentationMarketing presentation
Marketing presentation
 
Corporate finance
Corporate finance Corporate finance
Corporate finance
 
Cause marketing – an approach towards corporate social responsibility in Bulg...
Cause marketing – an approach towards corporate social responsibility in Bulg...Cause marketing – an approach towards corporate social responsibility in Bulg...
Cause marketing – an approach towards corporate social responsibility in Bulg...
 
Social marketing:Improving Policy Implementation
Social marketing:Improving Policy ImplementationSocial marketing:Improving Policy Implementation
Social marketing:Improving Policy Implementation
 
Marketing mix the 7 p's of marketing
Marketing mix  the 7 p's of marketingMarketing mix  the 7 p's of marketing
Marketing mix the 7 p's of marketing
 

Recently uploaded

1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
Neal Brewster
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Henry Tapper
 
1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine
Lawrence101
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
egoetzinger
 
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFiTdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
nimaruinazawa258
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
egoetzinger
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
Falcon Invoice Discounting
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
KishanChaudhary23
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
nalamynandan
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
Vighnesh Shashtri
 
一比一原版(IC毕业证)帝国理工大学毕业证如何办理
一比一原版(IC毕业证)帝国理工大学毕业证如何办理一比一原版(IC毕业证)帝国理工大学毕业证如何办理
一比一原版(IC毕业证)帝国理工大学毕业证如何办理
conose1
 
An Overview of the Prosocial dHEDGE Vault works
An Overview of the Prosocial dHEDGE Vault worksAn Overview of the Prosocial dHEDGE Vault works
An Overview of the Prosocial dHEDGE Vault works
Colin R. Turner
 
Earn a passive income with prosocial investing
Earn a passive income with prosocial investingEarn a passive income with prosocial investing
Earn a passive income with prosocial investing
Colin R. Turner
 
What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Donc Test
 
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfBONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
coingabbar
 
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
nexop1
 

Recently uploaded (20)

1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf1. Elemental Economics - Introduction to mining.pdf
1. Elemental Economics - Introduction to mining.pdf
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
 
1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine1.2 Business Ideas Business Ideas Busine
1.2 Business Ideas Business Ideas Busine
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
 
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFiTdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investmentsfalcon-invoice-discounting-a-strategic-approach-to-optimize-investments
falcon-invoice-discounting-a-strategic-approach-to-optimize-investments
 
Detailed power point presentation on compound interest and how it is calculated
Detailed power point presentation on compound interest  and how it is calculatedDetailed power point presentation on compound interest  and how it is calculated
Detailed power point presentation on compound interest and how it is calculated
 
FCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptxFCCS Basic Accounts Outline and Hierarchy.pptx
FCCS Basic Accounts Outline and Hierarchy.pptx
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
 
一比一原版(IC毕业证)帝国理工大学毕业证如何办理
一比一原版(IC毕业证)帝国理工大学毕业证如何办理一比一原版(IC毕业证)帝国理工大学毕业证如何办理
一比一原版(IC毕业证)帝国理工大学毕业证如何办理
 
An Overview of the Prosocial dHEDGE Vault works
An Overview of the Prosocial dHEDGE Vault worksAn Overview of the Prosocial dHEDGE Vault works
An Overview of the Prosocial dHEDGE Vault works
 
Earn a passive income with prosocial investing
Earn a passive income with prosocial investingEarn a passive income with prosocial investing
Earn a passive income with prosocial investing
 
What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
 
Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...
 
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
 
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfBONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdf
 
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
一比一原版(UoB毕业证)伯明翰大学毕业证如何办理
 

5.MARKETING ETHICS - Copy5.pptx

  • 1. Group 05 Faculty of Management & Finance University of Colombo
  • 2.
  • 3.  It is a dimension of social responsibility that involves principals and standards that define acceptable conduct in marketing.  It is the area of applied ethics which deals with the moral principles behind the operation and regulation of marketing.  Some areas of marketing ethics overlap with media ethics.
  • 4.
  • 5.  Ethical marketing refers to the application of marketing ethics into the marketing process.  Study of ethical marketing should be included in applied ethics and involves examination of whether or not an honest and factual representation.  The increasing trend of fair trade is an example of the impact of ethical marketing.
  • 6.
  • 7. When an organization behave ethically, customers develop more positive attitudes about the firm, its products and its services. To create value or trust with the company. To build good image about the organization in the minds of costumer, employee, companies and the society.
  • 8.
  • 9.
  • 10. Selling goods abroad which are banned at home Omitting to provide information on side effects Unsafe products Built in obsolescence
  • 11.  Wasteful and unnecessary packaging  Deception on size and content  Inaccurate and incomplete testing of products  Treatment of animals in product testing
  • 12. • Big rigging • Dumping(pricing policy) • Predatory pricing • Price discrimination
  • 13. • Price fixing • Price skimming • Price war • Super competitive pricing • Variable pricing
  • 14. Place  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 questions may also arise in the distribution process.
  • 15.  Because sales performance is the most common way in which marketing representatives and sales personnel are evaluated. Performance pressures exits 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.
  • 16. EXAMPLES: • Many vendors sell products that have crossed expiry date is unethical. • Most drug stores would give too many drugs without • Perception from a qualified doctor.
  • 17. Promotion  Promotion is the communication link between sellers and buyers for the purpose of influencing or persuading a potential buyer’s purchasing decision.  To present information to consumers as well as others.  To increase demand.  To differentiate a product.
  • 18. How promotion use in Unethical way  Puffery  Promoting unhealthy products  Subliminal advertising  Deceptive advertising
  • 24. Ethical Norms and Values for Marketers
  • 25. ETHICAL NORMS • Do not harm • Foster trust in the marketing system • Embrace ethical values
  • 26. ETHICAL VALUES  Honesty To be forthright in dealings with customers and stakeholders.  Responsibility To accept the consequences of our marketing decision and strategies.  Respect To acknowledge the basic human dignity of all stakeholders.
  • 27.  Transparency To create a spirit of openness in marketing operations.  Citizenship To fulfill the economic, legal, philanthropic and societal responsibilities that serve stakeholders.  Fairness To balance justly the needs of the buyer with the interests of the seller.
  • 28.  What is marketing ethics  Ethical marketing  Importance of marketing ethics  Ethical issues in marketing  Ethical norms and values