The company that hosts this blog for me, TypePad, just posted a link for its clients to a chilling story from the Associated Press. I'm passing it along to you.
The gist of it: The U.S. Federal Trade Commission is planning to stop bloggers from getting paid for endorsing products unless they explicitly say they are getting paid for their endorsements.
This can have profound and devastating effects on affiliate marketing as we know it. Keep your eyes open on this one. It's a serious move threatened by the Feds.
David Garfinkel
Publisher, World Copywriting Newsletter
Dear David... and all...
Yes, I will be watching this.
AND.... when the President brings in an new administration, lots of plans and "wanna-do's" get leaked to the press.
Take 'em with a grain of salt.
There's 8 years of backed-up anti-business feelings getting released here.
That is what we are seeing, in my opinion.
J
Posted by: Jim | July 06, 2009 at 10:42 AM
This could be really devastating for those that use techniques such as attraction marketing. Getting paid for affiliate marketing is how we pay for our own marketing for our businesses. Way to go big brother.
John
Posted by: John Holcombe | July 09, 2009 at 06:33 AM
I guess There's 8 years of backed-up anti-business feelings getting released here.
Posted by: Make Money on Internet | October 21, 2009 at 09:26 PM