Assignment

Anonymous
timer Asked: Oct 18th, 2018
account_balance_wallet $9.99

Question Description

Read the material regarding the history and regulation of alcohol advertising found on pp. 538–548 of the text. Also read the article, Diageo; Study Finds Self-Regulation of Alcohol Advertising Is Working, and watch this Milton Freidman interview: Milton Friedman-Regulation in a Free Society.

In your post, consider the following questions:

  • Were Spyke and Wide-Eye bad products? Justify your answer.
  • Do you think these products were marketed in objectionable or misleading ways? Explain your answer.
  • If you were in charge of marketing Spyke and Wide-Eye, what approach would you have taken to promote the products, while mitigating the adverse publicity associated with them?
  • Do you believe there is a need for government to place more restrictions on alcohol advertising? Why or why not? If so, what limits are needed and how would any restrictions that you propose meet the Central Hudson guidelines?

Unformatted Attachment Preview

Study Finds Self-Regulation of Alcohol Advertising is Working Marketing Weekly News A study conducted by CAMY, the Center for Alcohol Marketing and Youth, released earlier this week, found a dramatic reduction in the exposure of youth to alcohol advertising in magazines. From 2001 to 2008, exposure dropped by an impressive 48%, demonstrating that the industry's practice of self-regulation and commitment to advertising exclusively in publications with an audience that's at least 70% age 21 or older is working. CAMY's study also found that there is virtually no alcohol advertising in publications with under-21 readership greater than 30%. Guy L. Smith, Executive Vice President of Diageo stated: "This study conducted by CAMY - one of the most outspoken opponents of the beverage alcohol industry in this country - confirmed what we already know to be true: self regulation works and fewer people underage are being exposed to alcohol advertising today than ever before." CAMY's study is consistent with the Federal Trade Commission's (FTC) most recent inquiry into alcohol advertising. The FTC found "high levels of compliance" with the alcohol industry's voluntary placement standard that advertising materials should be placed only where 70% of the audience is reasonably expected to be 21 years of age or older. In that report, the FTC said it was not recommending a change in the 70% 21+ demographic standard. Further, the FTC found that the "current 70 percent baseline standard has helped to ensure that alcohol advertising is not disproportionately directed to those below the legal drinking age, as recommended by the Surgeon General's Call to Action [to Prevent and Reduce Underage Drinking]." (FTC Report, p. 27, http://www.ftc.gov/opa/2008/06/alcoholrpt.shtm) There has been considerable study of the impact of alcohol advertising but no study has been able to demonstrate that alcohol advertising causes underage drinking. More than a decade ago, Diageo proactively moved to restrict its advertising to publications in which 70% of the audience is age 21 and older. In 2003, the Beer Institute and the Distilled Spirits Council of the U.S. also adopted the 70% standard. Smith continued, "Underage drinking is a complex problem, and one that cannot be cured - or caused - by advertising. At Diageo, we have zero tolerance for underage drinking, and that's why we abide by one of the most stringent marketing codes in the industry. If we have any chance of ending underage drinking - and I believe we do - we all need to work collaboratively toward a solutionoriented approach. Research has conclusively proven that the most effective deterrent to underage drinking is parents talking with their children about alcohol." CAMY, formerly affiliated with Georgetown University and now with Johns Hopkins University, has published numerous reports critical of industry self-regulation. However, some of CAMY's over- reaching methodology has itself been criticized by authoritative organizations, including the Federal Trade Commission. (FTC Report, p. 32-33, http://www.ftc.gov/opa/2008/06/alcoholrpt.shtm) Keywords: Advertising, Diageo, Economics, FTC, Federal Trade Commission. This article was prepared by Marketing Weekly News editors from staff and other reports. Copyright 2010, Marketing Weekly News via VerticalNews.com. Full Text: COPYRIGHT 2010 NewsRX LLC. http://www.newsrx.com.ezproxy.snhu.edu Source Citation: "Study Finds Self-Regulation of Alcohol Advertising is Working." Marketing Weekly News 28 Aug. 2010: 66. Business Insights: Essentials. Web. 17 Oct. 2018. URL http://bi.galegroup.com.ezproxy.snhu.edu/essentials/article/GALE%7CA235314603?u=nhc_main Document Number: GALE|A235314603 ...
Purchase answer to see full attachment

Tutor Answer

EinsteintheProf
School: UCLA

Hello, review the attached document and contact me in case you need any changes. Otherwise, good luck in your study and if you need any further help in your assignments, please let me know. Always invite me to answer your questions.

Surname 1
Name
Instructor’s name
Course code
Date
Analysis on Alcohol Marketing
The Spyke and Wide-Eyed were not necessarily bad products, but rather innovative products with
a goal of reaching the younger drinks which were being attracted by novel-inspired spirit products.
Wide-eyed was a caffeinated schnapps and an example of this perspective. There has been an
interesting paradigm that “Both sought to capitalize on market trends including caffeinated, sweet
and fruity flavors, and unconventional ingredients such as ginseng, guarana, and ginkgo biloba”
(Kponee et al., 255) as there...

flag Report DMCA
Review

Anonymous
Excellent job

Similar Questions
Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors