Thursday, July 31, 2008

Do's and Don'ts in Marketing

With so many products and services available to consumers, how do you make yours stand out? The temptation to cut corners by making misleading claims or not performing that complex and lengthy quality test is real. Resisting temptations like these may be the key to avoiding legal troubles in the future.

THE Dos

DO pick a company name and trademark or service mark that has not already been chosen by someone else.

DO register your company with the appropriate state officials.

DO obtain trade name, trademark, service mark, copyright, and trade dress protections to ensure that your products and expressions are safe from copycats and infringers.

DO make yourself knowledgeable of state and national laws and regulations concerning creation of businesses, management of businesses, and consumer protection.

DO follow all state and national health and safety requirements in developing your product.

DO perform the necessary testing to ensure that your product or services stand up to the claims you make about them.

DO advertise and market your product or service in a manner which is lawful.

DO your homework: if you claim your product is the "fastest," the "cheapest," the "newest," or anything like that, do your research before making the claim so that you know it is true.

DO plan ahead. Develop a budget for marketing that you are willing and able to stick to. Be prepared to spend money to market your product, but know your financial limitations and avoid over-extending your pocketbook.

THE DON'Ts

DON'T be a copycat and use someone else's idea for a product or service without their knowledge and approval.

DON'T make guarantees or claims in your advertisements that you cannot support with facts and evidence.

DON'T advertise in a misleading or deceptive manner. Consumer protection statutes in every state protect against these types of actions and if you are caught attempting to deceive consumers the punishment can be more than monetary -- your business reputation will also suffer.

DON'T fail to appreciate your target audience when seeking to market and advertise your products and services.

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