Nearly One in Five Marketing Execs Admit to Pay-for-Play

money_changing_hands.jpg

The kicker in the 6th Annual PRWeek/Manning Selvage & Lee Marketing Management Survey released this week (subscription only) is that 19% of marketing execs say the companies they work for have engaged in some form of pay-for-play PR.

The survey, conducted by Millward Brown also found that “10 percent of senior marketers said their organizations have had an implicit/non-verbal agreement with a reporter or editor that anticipated favorable coverage of their company or products in exchange for advertising. And 8 percent, or about one in 12, said their organizations paid or provided a gift of value to an editor/producer to place a news story about their company or one of its products.”

According to MS&L CEO Matt Hass in the release, the damage being done is to the media properties: “Without full disclosure and transparency, media lose credibility and their value as an unbiased source of information for consumers.”

More after the jump:


The survey also addressed the oh-so-tempting areas of fake blogs and sock puppeteering and found that 53 percent of respondents feel the marketing industry as a whole is not following ethical guidelines for new media. “The online world creates a whole new unsettling platform for marketers who are willing to engage unethically,” said Hass.

MEDIABISTRO EVENTS

Get Social Media Marketing Secrets from Experts

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.