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I’ve been reading online about the importance of social media monitoring in reducing the money wasted on advertising. Mediapost had some nice things to say about the recession and companies learning to shore up their budgets by being more cautious about their marketing.
In Europe, word-of-mouth and online marketing is not only a low cost with a great many benefits, it’s the safest, most respectful way to reach clients and consumers. The EU is very protective of European consumers. “Push” advertising, in-your-face, direct-to-consumer ads, is frowned upon. For some corporations, this kind of marketing can even result in legal action.
For example, pharmaceutical corporations are very limited in the information that they can provide to consumers, and they’re even more limited in their methods of distributing this information. France has required Yahoo! to limit the information that can be accessed by French consumers to be more in line with French rules and customs. The French Parliament is now considering making encouraging anorexia a crime, and in some Southern European countries, models are already required to present health certificates to their employers. One has to wonder how this trend in consumer-citizen protection legislation will eventually affect marketing.
Online marketing, however, is saving time, money, and respect for different legal and cultural traditions by creating content that “pulls” consumers rather than push them. This, the EU and European States determine, is okay. If a consumer accesses the information rather than has it foisted on them, then everyone is happy.
Posted in Blog Guru, European regulations, Marketing ROI | Tags: Europe, marketing, social media, wom
1 Comment »
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Hey Linda,
Thanks for the comment on our blog!
I was just checking out your site, and I’m really impressed with what I’ve seen. The UK seems very ahead of the times when it comes to WOM.
Feel free to drop me a line any time.
Ryan Goff
Comment by Ryan Goff — May 27, 2008 @ 5:30 pm