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Consumer Discretionary

OnTheMarket Avoids ASA Ban After Misleading Ad Complaint

Consumer Discretionary

7 months agoMRF Publications

OnTheMarket
  • 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.

What Sparked the OnTheMarket Ad Complaint?

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.

Key Concerns Raised in the Complaint:

  • Misleading Exclusivity Claims: The core issue was whether OnTheMarket's claim of "24 hours or more" exclusivity was genuinely accurate and consistently applied.
  • Lack of Transparency: The complaint likely challenged the clarity and substantiation provided by OnTheMarket regarding its listing policy and the actual exclusivity period offered to agents and vendors.
  • Potential for Consumer Confusion: The concern was that the advertised claims could mislead consumers about the availability of new listings and limit their ability to compare properties across different platforms.

ASA's "Informal Resolution": A Closer Look

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.

What Does "Informally Resolved" Mean?

  • No Formal Ruling: The ASA does not publish a ruling against the advertiser.
  • Amendments or Withdrawal of Ads: The advertiser agrees to modify or remove the offending advertising material.
  • Future Compliance: The advertiser commits to complying with advertising standards in future campaigns.
  • No Admission of Guilt: An informal resolution does not necessarily imply an admission of wrongdoing by the advertiser.

Implications for the Property Portal Landscape

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.

Key Takeaways from the OnTheMarket Ad Controversy:

  • Importance of Accurate Advertising: This case reinforces the need for property portals to ensure their marketing claims are accurate, transparent, and substantiated.
  • Scrutiny of Exclusivity Claims: Claims of exclusivity are likely to face increased scrutiny from competitors and regulators.
  • Consumer Protection: The ASA's intervention, even informally, underscores the importance of protecting consumers from misleading advertising practices.

Search Engine Optimization and the Future of Property Portals

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.

SEO Strategies for Property Portals:

  • Focus on Long-Tail Keywords: Targeting specific property types, locations, and features (e.g., "2-bedroom flats in London") can attract qualified leads.
  • Local SEO Optimization: Optimizing for local searches is critical for capturing geographically targeted traffic.
  • Content Marketing: Creating valuable content, such as neighborhood guides and property buying advice, can establish authority and attract organic traffic.
  • Mobile Optimization: Ensuring a seamless mobile experience is essential given the prevalence of mobile property searches.

Conclusion: Transparency is Key

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.

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