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Consumer Discretionary

Title: OnTheMarket Dodges ASA Ban: Ad Complaint "Informally Resolved" After Misleading Claims Spark Controversy
Content:
OnTheMarket Dodges ASA Ban: Ad Complaint "Informally Resolved" After Misleading Claims Spark Controversy
The UK property portal OnTheMarket recently found itself in hot water over an advertising campaign boasting "24 hours or more" exclusivity on new property listings. The Advertising Standards Authority (ASA) confirmed an investigation into the campaign following a complaint challenging the veracity of the claims. However, the ASA has now revealed that the issue was "informally resolved," stopping short of a formal ruling or sanctions against OnTheMarket. This outcome has sparked debate about advertising transparency and the effectiveness of self-regulation within the property advertising sector.
The controversy centers around OnTheMarket's marketing campaign emphasizing its "24-hour or more" exclusive window for new property listings. Competitors and industry observers questioned the validity of this claim, arguing that many properties appeared on rival portals simultaneously or even earlier. This perceived discrepancy led to a formal complaint being lodged with the ASA, triggering an investigation.
Rather than issuing a formal ruling, the ASA opted for an "informal resolution" with OnTheMarket. This typically involves the advertiser agreeing to amend or withdraw the problematic advertising and address the concerns raised without a full investigation and public adjudication. While the details of the agreement remain confidential, the ASA confirmed that OnTheMarket has taken steps to ensure future marketing adheres to advertising codes.
This incident highlights the ongoing competition and scrutiny within the online property market. Portals are constantly vying for the attention of both estate agents and property seekers, and marketing claims play a crucial role in attracting and retaining customers.
In today's digital landscape, search engine optimization (SEO) is paramount for property portals. Keywords like "new property listings," "exclusive property listings," "find a property," "estate agents," and "property search" are highly competitive. This incident demonstrates that while effective marketing is crucial, it must be grounded in truth and transparency.
The "informal resolution" of the OnTheMarket ad complaint offers a valuable lesson for the property portal industry. While the ASA's intervention stopped short of a formal ruling, it serves as a reminder that misleading advertising claims can damage reputation and erode consumer trust. As competition intensifies in the online property market, prioritizing transparency and accuracy in marketing will be crucial for sustained success. Moving forward, it will be interesting to observe how OnTheMarket and other property portals adapt their marketing strategies to maintain compliance and build trust with consumers in an increasingly competitive landscape.