High competence will always equal low public trust when it comes to ad execs, but ethical standards need to be a company measure

Building on Adam Ferrier’s opinion piece published in Mumbrella last week, marketing consultant Rob Farmer says company-by-company, rather than industry consensus, is the only way to address the ethical questions Ferrier raised that go further than the law.

Perhaps foolishly, if people did avoid reading Adam Ferrier’s piece last week, ‘The ethics of advertising: Chances are you won’t read this,’ I’m going to build on it.

The premise was that behaviour-change ad folk don’t like dwelling on the ethics of their effects. (System 2 thinking really is avoided by everyone.) Gallup’s latest (US) public trust results are in and they’re not pretty for ad practitioners. The piece ended with a bit of branded content for Thinkerbell’s new ethics program. Fair enough. I think company-by-company is the way to address ethical questions that go further than the law.

Because measuring progress at the industry level with public trust surveys is pointless. The ad practitioner score is always going to be terrible. (Ad execs are also towards the bottom of the UK’s Veracity Index, and were rock bottom when first added in 2018.) The underlying reason, I believe, is the ‘loss aversion’ bias.

If the pain of losing is psychologically twice as powerful as the pleasure of gaining, then an ad exec’s core competency represents a powerful threat to acts of free will. People don’t like the idea of losing control to strangers trying to make them buy this, use that, or pay more for these. It’s something that happens to other people, not them.

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Subscribe

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.