| Marketing Discussion Marketing topics important to copywriters and clients like advertising, selling, split-testing, freelancing, etc. | | Super Moderator
Posts: 1,698 Join Date: Aug 2006 Location: Not too far from beautiful downtown Blue Ball & Intercourse, PA Rep Power: 5 | "FREE" costs $2,900,000.00! -
02-24-2008, 01:34 PM
Remember the thread where we discussed the use of the word FREE. I read this the other day...
VALUECLICK AGREED TO PAY $2.9 million to settle a Federal Trade Commission probe about lead generation, the company said Wednesday.
ValueClick also promised to adhere to guidelines regarding lead generation, which often involves luring customers to sign up for services with offers of "free" merchandise.
The company did not specify the new standards it agreed to in its settlement with the FTC. But the FTC in two previous settlements regarding lead generation required that companies advertising free products also display any purchase-required disclaimers in the same font, color and size as the word "free."
The Interactive Advertising Bureau recently unveiled its own best practices guide for online lead generation that also recommend that companies offering "free" iPods and the like also display disclaimers that purchases are required in the same font, color and size as "free." | | | | | Grand Master
Posts: 1,917 Join Date: Feb 2006 Location: Los Angeles - Tampa - Raleigh Rep Power: 4 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 01:38 PM
I think the FTC needs to do some testing. Wouldn't $2,777,777.77 have been a more appropriate fine?
I'm just sayin... | | | | | Guest | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 01:41 PM
Quote:
Originally Posted by Montello Marketing Wouldn't $2,777,777.77 have been a more appropriate fine? |  That's funny. Yes. | | | | | Super Moderator
Posts: 1,698 Join Date: Aug 2006 Location: Not too far from beautiful downtown Blue Ball & Intercourse, PA Rep Power: 5 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 03:02 PM
Quote:
Originally Posted by Montello Marketing I think the FTC needs to do some testing. Wouldn't $2,777,777.77 have been a more appropriate fine? | That's what the original fine was, but when you add the $122,222.23 HANDLING charge it comes to $2.9 million. | | | | | Grand Master
Posts: 1,917 Join Date: Feb 2006 Location: Los Angeles - Tampa - Raleigh Rep Power: 4 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 03:11 PM
But I'm sure in the end that price will be cut in half... then cut in half again... and no doubt there will be $500,000 in bonus fines that will be discounted also.
The part that bothers me most is the forced continuity! They have to pay those fines every month unless they opt out. | | | | | Junior Expert
Posts: 208 Join Date: Jul 2007 Location: Toronto, Canada Rep Power: 2 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 03:22 PM
But not to worry Vin... before you even have to Opt out, the FTC's Paypal account will freeze pending investigation. --------------------- Mr. Kobra | | | | | Master
Posts: 743 Join Date: Oct 2005 Location: Lancaster, PA Rep Power: 3 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 03:37 PM
Whew - I guess Kennedy's off the hook then since the $19.95 for his ultimate "free gift" is for shipping and handling.
Steve | | | | | Master
Posts: 760 Join Date: Jan 2005 Rep Power: 4 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 03:55 PM
The FTC could have done much better with a forced continuity offer.
$2,900,000 up front then another $2,900,000 every month you use the word "free" in your advertising.
Plus shipping and handling of course!
Kindest regards,
Andrew Cavanagh | | | | | Master
Posts: 809 Join Date: Aug 2005 Rep Power: 4 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 06:22 PM
The FTC doesn't have any affiliates? | | | | | Expert
Posts: 326 Join Date: Aug 2006 Location: Dallas, Texas Rep Power: 3 | Re: "FREE" costs $2,900,000.00! -
02-24-2008, 06:39 PM
Quote:
Originally Posted by Ricky Breslin The FTC doesn't have any affiliates? | Indirect affiliates. They call them " lawyers."
Regards,
-Mike Internet Law and Business Blog
DISCLAIMER: Information posted is general in nature, should not be construed to be formal legal advice or the formation of a lawyer/client relationship. Consult an attorney to address specific legal issues. | | | | |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | | | | Thread Tools | | | | Display Modes | Linear Mode |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | |
Copyright © 2003-2008 The Success Doctor, Inc. | SEO by vBSEO 3.2.0 RC8 1 2 3 4 5 6 7 |