Internet Marketing Expert Archives

Federal Trade Commission “FTC” Lays Out New Rules

For the last week or so much time has been spent trying to decipher how the rules will affect the Internet Marketing business. I have read 4 or 5 posts on experienced marketer’s blogs. By the time I was done my head was spinning.

The following is reprinted from the Internet Marketing Center Blog. And, is the the post I found most appropriate and condensed for my subscribers.

I have to add that I am not a “Lawyer” and do not provide legal advice. All of the following is published for information only.

New FTC Rules on Testimonials and Endorsements

from the Internet Marketing Center Blog

“Pay attention if you use testimonials in your sales copy, or if you endorse other people’s products on your blog or website in return for any type of compensation. The FTC has introduced new rules that require more disclosure. The rules go into effect on December 1, 2009.

The rules aim to protect consumers from:

  • unrealistic expectations
  • unverified results claims
  • paid endorsements disguised as editorial content
  • endorsements that don’t tell the truth

Here are the basics:

Testimonials

Testimonials turbocharge your marketing. If you can quote happy customers who have achieved great results, it’s almost as powerful as somebody recommending your product to a friend.

And of course you always want to quote the happiest customers who have achieved the greatest results.

Until now, all you had to do was add a disclaimer saying “Results not typical” and you were within the law. Now you need to:

  • Verify that the person giving the testimonial has actually achieved the stated results
  • Verify the typical results a consumer can expect to achieve, and state them (e.g., “Most consumers will save $20 – $35 per month using this product.”)
  • Verify that the testimonial still stands if you make a change to the product being endorsed

That means it’s still okay to use testimonials that boast about spectacular results as long as you also make it clear what the average results are. Check the FTC’s official guide for examples demonstrating what is acceptable and what isn’t.

Endorsements

This one is a much bigger can of worms.

Endorsements are a highly effective way to get word out about your product or service. People in a buying frame of mind seek out good reviews and recommendations on other sites before they make their decision.

So smart online marketers offer free products for bloggers to try… or put their products in pay-per-post programs where bloggers get paid for reviewing them… or get their products mentioned on their affiliates’ websites.

That way, they get word of mouth PLUS links back to their site (which are invaluable for search engine optimization).

Now the FTC wants anyone endorsing a product on their own website to “disclose clearly and conspicuously” when they are being compensated for their services.

The spirit of these rules is to ensure that anything that appears as a spontaneous endorsement actually reflects the true opinions, experience, and beliefs of the person doing the endorsing.

If there’s a chance that that person’s opinions, etc. might have been swayed by money, free product, or other considerations, then they must disclose.

However, there are so many gray areas in here it’s almost impossible to figure out what “compensation” is. If a blogger gets a freebie and writes about it, is that compensation? Depends on the value of the item, how often this blogger is given free samples, and how the blogger got it for free in the first place.

How about affiliates? Looks like they’re covered by this:

“When there exists a connection between the endorser and the seller of the advertised product that might materially affect the weight or credibility of the endorsement (i.e., the connection is not reasonably expected by the audience), such connection must be fully disclosed.”

AdSense advertisers? Social media posters? We can think of lots of other cases that might lie in that gray area, and don’t appear to be covered in detail in the full-on 81-page document. Still, if you think you might be affected, better read it.

Who’ll be affected most? “Review” bloggers and affiliates, seeing they’re the ones who have the clearest and most consistent relationships with producers.”

My many thanks to the Internet Marketing Center for simplifying the issue.

You can read more about the new rules at the following links.

These guys are not Lawyers!

New FTC Thing Is A Bigger Deal Than You Might Think by Frank Kern

Is This The End of Affiliate Marketing? by Michel Fortin

Be careful what you promise. by Paul Myers

If you want the basic outline from an actual lawyer, check out this report from Mike Young:

http://mikeyounglaw.com/ftc-disclosure-special-report.pdf

Link to the actual FTC stuff:
http://ftc.gov/os/2009/10/091005endorsementguidesfnnotice.pdf
http://ftc.gov/os/2009/10/091005revisedendorsementguides.pdf

Don’t let this stuff discourage you. In a month or so it will it will be sorted out and become very clear.

Michel Fortin is already on it with a “Disclosure Policy” on his Michel Fortin Blog.

I’ll be swiping his concept and adapting it to my needs soon. Look for my policy next week.

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About Mike Paetzold “The WordPress Guy”

Mike Paetzold is an old bald guy from the coal region of Pennsylvania. He works full time on line.

Mike got started blogging in 2003 and has become an expert on using WordPress. He has become known as The WordPress Guy. He is a beta tester of and contributor to the WordPress updates.

He uses WordPress as the platform and has created a variety of items to help bloggers create and customize WordPress for their own use.

He runs a blog exchange, a web development service for off line businesses to use on line resources to improve their businesses, as well as several other sites.

After being an under ground niche marketer using blogs he has surfaced to share some of the ways he uses PLR to enter various niches profitably.

Mike like many of us tries to play golf.

I regularly search his blog posts as well as his other sites for information, updates, recommendations, and marketing insights.

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About Eric Holmlund Internet Marketer and Teacher

In keeping with my goal to walk my subscribers through a complete blog setup in an easy to understand format. I am adding Eric Holmlund and his Eric’s Tips blog to my blogroll in the right side bar.

Eric Holmlund is a self taught internet marketing expert who says he has generated millions of dollars of online sales for various products, including his own.

He began dabbling in Internet marketing in 1999, and has been doing it full time since 2003. Eric started the business with about $40, and has grown it into a seven-figure empire, all while working from home with no employees. Along with his Brother-in-Law, Micah Stover he also operates a internet software business.

He has outsourced some parts of the business, and parts of it run largely on autopilot, which gives Eric the flexibility to take vacations and enjoy his family.

Since June of “08  Eric has been sharing his expertise in his marketing specialties, including affiliate marketing, copywriting, joint ventures, and product launches. He enjoys helping others succeed, and he teaches his strategies via his Eric’s Tips website. The training he is providing is an absolute step by step approach to setting up your own blog, subscriber lists, squeeze pages and more, by adding popular items such as audio and video.

I follow Eric and highly recommend that you subscribe to Eric’s Tips (join here)

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Bob Jenkins aka “Bob-the-Teacher”

Bob “The Teacher” Jenkins simplifies the complex world of internet marketing into easy to understand lessons for business owners around the world. From free advertising to viral marketing, from list building & affiliate marketing to product creation – Bob can help you move forward with your business.

For ten years, Bob taught freshmen U.S. History and World Religions to seniors at a public high school in Maryland. He began teaching at the school in 1997 after graduating from Florida State University with a B.A. in Social Science Education and History. He graduated from Johns Hopkins University in 2006 with a Master of Liberal Arts degree.

At the school, Bob coached the Academic Team, which won the Baltimore regional championship on the It’s Academic Television show in 1998 and 2006. He also coached the boys and girls Tennis teams in 2007.

Since 1999, he has owned his own online business.

Now a full time business coach, speaker, and internet marketing consultant, Bob is the author of over a dozen online training courses.

Bob lives in Leland, North Carolina.  With the help of his online business, Bob enjoys more tennis, golf, and vacations to the Caribbean.

I follow Bob’s Blog regularly. He is insightful and shares a lot of his thoughts and free content. His Blog is definitely worth a look see.

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