{"id":59989,"date":"2020-12-30T13:52:14","date_gmt":"2020-12-30T12:52:14","guid":{"rendered":"https:\/\/visionarymarketing.com\/?post_type=glossary&#038;p=59989"},"modified":"2023-05-26T07:58:06","modified_gmt":"2023-05-26T05:58:06","slug":"marketing-ethics-in-b2b","status":"publish","type":"glossary","link":"https:\/\/visionarymarketing.com\/en\/glossary\/marketing-ethics-in-b2b\/","title":{"rendered":"Ethics in B2B marketing"},"content":{"rendered":"<p><em>Marketing ethics is a broad-ranging topic, which should be seen as a subset of business ethics. Here we will deal with the particulars of business and marketing ethics pertaining to B2B.<\/em><\/p>\n<h1>Marketing Ethics in B2B<\/h1>\n<figure id=\"attachment_55702\" aria-describedby=\"caption-attachment-55702\" style=\"width: 850px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-55702 size-full\" src=\"https:\/\/visionarymarketing.com\/wp-content\/uploads\/2020\/05\/jumpstory-download20200821-195113-e1605447588354.jpg\" alt=\"B2B marketing ethics\" width=\"850\" height=\"566\" \/><figcaption id=\"caption-attachment-55702\" class=\"wp-caption-text\">B2B marketing ethics<\/figcaption><\/figure>\n<p>Business ethics is about establishing ethical standards to distinguish what should and should not be done in the business world.<br \/>\n<!--more--><\/p>\n<p>The aim of marketing (as a discipline) is to study the expectations and needs of buyers, to create products and services adapted to these expectations and needs, to implement a communication and distribution strategy around these offers, and to measure the level of customer satisfaction.<\/p>\n<p>As such, marketing ethics touch on <strong>communication<\/strong> (avoid misleading or deceptive advertising*), <strong>sales <\/strong>(ban any form of inaccurate product information, prohibit misleading information\u2026), <strong>pricing<\/strong>\u00a0(avoid dominant positions, do not engage in cartels between suppliers\u2026), <strong>collection and use of personal data, <\/strong>etc.<\/p>\n<p><em>* i.e. the voluntary omission of information which the company is legally obliged to provide<\/em>*<\/p>\n<p>There are several marketing codes of conduct available depending on the country and discipline. With regard to social media, <a href=\"https:\/\/socialmedia.org\/disclosure\/\" target=\"_blank\" rel=\"noopener\">the socialmedia.org disclosure kit<\/a> prevailed in the USA for the 2010\u20132015 period. It was retired in 2015 as the Federal Trade Commission (FTC) adopted <a href=\"https:\/\/www.ftc.gov\/sites\/default\/files\/documents\/federal_register_notices\/guides-concerning-use-endorsements-and-testimonials-advertising-16-cfr-part-255\/091015guidesconcerningtestimonials.pdf\" target=\"_blank\" rel=\"noopener\">a new code of conduct<\/a> and enforced it across the board.<\/p>\n<p>The FTC code of conduct is named \u2018<em>Guides Concerning the Use of<\/em><br \/>\n<em>Endorsements and Testimonials in Advertising Federal Acquisition Regulation; Final Rule<\/em>,\u2019 it encompasses way more than just social media and aims at establishing transparency and trust throughout advertising and endorsement practises, including social media.<\/p>\n<p>In the United Kingdom, The Chartered Institute of Marketing (CIM) has published a list, although a non-comprehensive one, of the main available codes of ethics in our profession on its website.<\/p>\n<h3>Ethical Charter<\/h3>\n<p>The French counterpart of CIM, Adetem, has published an\u00a0ethical charter,\u00a0which\u00a0requires its members (marketing professionals) to carry out actions that respect the following rules:<\/p>\n<ul>\n<li><strong> Do not intentionally harm others:<\/strong>\u00a0a fundamental rule of professional ethics.<\/li>\n<li><strong> Comply with the various laws and regulations<\/strong> in force, as well as with the professional codes of reference.<\/li>\n<li><strong> Respect the right to privacy<\/strong>, the right of ownership and the right of access to confidential information.<\/li>\n<\/ul>\n<p>Adetem\u2019s charter also requires its signatories to ensure that their marketing approach respects the adequacy between the products offered, on the one hand, and their announced functions, on the other hand, making sure that they bring real value to customers.<\/p>\n<p>According to American researcher\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pob6.html\" target=\"_blank\" rel=\"noopener noreferrer\">Edward J. O\u2019Boyle<\/a>, two main obstacles are blocking<a href=\"https:\/\/www.researchgate.net\/publication\/226560426_The_American_Marketing_Association_Code_of_Ethics\" target=\"_blank\" rel=\"noopener\">\u00a0the way to ethically correct conduct in marketing<\/a>: ignorance and conflict.\u00a0He quotes the code of ethics of the <a href=\"https:\/\/www.ama.org\/codes-of-conduct\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>American Marketing Association.<\/strong><\/a><\/p>\n<p>According to him, ignorance raises the question:<\/p>\n<p>\u2018What is the ethical way forward,\u2019 while conflict asks: \u2018What price am I willing to pay to follow this path\u2019? \u2018These two questions differentiate between knowing the moral good and knowing how to do it and demonstrate that ethical decision-making resides in both the human intellect and the human will\u2019 [<a href=\"https:\/\/www.researchgate.net\/publication\/226560426_The_American_Marketing_Association_Code_of_Ethics\" target=\"_blank\" rel=\"noopener\">source<\/a>].<\/p>\n<p>In addition, for many years, marketing techniques based on behavioural economics have been developing, which take advantage of buyers\u2019 cognitive biases.<\/p>\n<h3>Nudge<\/h3>\n<p>In contrast with traditional marketing, which maintains that the buyer makes decisions on rational grounds. These marketing operations, also known as \u2018<strong>nudge<\/strong>\u2019 type operations, study and exploit the cognitive biases that \u2018short-circuit\u2019 this rationality. Among these decisions, biases are the social norm, the logic of reciprocity, gratification, and the default choice.<\/p>\n<p>Marketing operations of the \u2018nudge\u2019 type are often criticised because they question the free will of the buyer. Appealing primarily to the automatic cognitive system of buyers to the detriment of their reflexive cognitive system.<\/p>\n<p>Nudge marketing operations are also criticised for going against the buyer\u2019s well-being.<\/p>\n<h3>Additional links and resources<\/h3>\n<ul>\n<li><a href=\"https:\/\/visionarymarketing.com\/en\/2019\/03\/data-science-ethics\/\"><span data-contrast=\"none\">Is data science compatible with ethics?<\/span><\/a><\/li>\n<li><a href=\"https:\/\/www.researchgate.net\/publication\/226560426_The_American_Marketing_Association_Code_of_Ethics\"><span data-contrast=\"none\">Research on the\u00a0<\/span><span data-contrast=\"none\">American Marketing Association Code of Ethics<\/span><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Marketing ethics is a broad-ranging topic, which should be seen as a subset of business ethics. <\/p>\n","protected":false},"author":2,"featured_media":59990,"parent":0,"template":"","glossary-cat":[],"class_list":["post-59989","glossary","type-glossary","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethics in B2B marketing definition by Marketing and Innovation<\/title>\n<meta name=\"description\" content=\"Marketing ethics is a broad-ranging topic and should be seen as a subset of business ethics. 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