A vanity award [1] is an award in which the recipient purchases the award and/or marketing services to give the false appearance of a legitimate honor. [2] [3] Pitches for Who's Who -type publications (see vanity press), biographies or nominations for awards or special memberships can have a catch to them in which the honoree is required to pay for recognition. [2]
The vanity award phenomenon among book awards was noted in a Salon article by Laura Miller in 2009. [3] Vanity book awards are characterized by dozens (or more) of categories to ensure that most applicants are winners or finalists. Other characteristics include high entry fees, or fees for other services such as trophies, prominent display on the award websites or promises of marketing. [3] Self-published authors seeking promotions and recognitions are common customers of vanity award services. [3]
The following have been called vanity awards.
Other awards target self-published authors with high entry fees, with for-profit business models and numerous categories and promises of marketing include the Readers Favorite Awards, [5] and the IndieReader Discovery Awards. [6]
The anthology scheme is when a writing contest is announced with the winners to be published in an anthology and a cash prize is awarded. [7] There may be no entry fee, but in some cases there is little selectivity, and successful entries may be offered publication, with a request for money. [7] Furthermore, the anthology is often not sold to the public but only in limited runs to the contributors themselves. [7] The International Library of Poetry, known online as Poetry.com, is an example of this kinds of scheme. [7] Another version of the scheme is called "pay to play" in which the writer must pay to be included in the anthology. [7]
The number of vanity awards for businesses is considerable, since 2008 the Better Business Bureau has been issuing warnings about schemes found across the United States and Canada. [8] "Phony vanity awards prey on small businesses who are trying to make their companies stand out in their industry." [8] [9]
For instance, The Best of Business Award by the Small Business Commerce Association is available for $57 to $157 depending if the applicant would like a plaque or a trophy. The Better Business Bureau reports the same scheme under multiple variants of a common name [10] in multiple cities, targeting businesses in hundreds of categories, so "Peoria Award Program", [11] "Memphis Award Program", [12] and "Lafayette Awards Program" [8] are the same operation. The solicitation, which claims to be an award from "Kelly McCartney, Award Committee", is a message in which only the year, town and line of business change:
The telephone number is linked to multiple consumer complaints about undesired solicitations; [13] the associated website (which offers the mark an opportunity to purchase a plaque, a crystal award or both at a cost ranging from $80 to $200) [8] is alleged to contain malware. [14] [15]
Nonetheless, businesses continue to issue press releases boasting of having received these awards [16] despite their questionable provenance and meaninglessly broad selection of large numbers of cities and categories.
There are studies on vanity business awards showing that a significant wealth has been acquired by the companies organizing lucrative ceremonies and giving out well-decorated trophies not based on merit, but rather to whoever pays the cost. [17] The Organized Crime and Corruption Reporting Project (OCCRP) and other news organizations have reported the following as trophy-for-sale organizations: [18]
Other awarding schemes, as reported by various businesses on the internet:
A "fee for review" is when money, merchandise or a service is exchanged in return for a review. [35] Since an exchange is involved, the neutrality and accuracy of the review could be in question. [36] Reviews could be written by marketers/retailers about their own work, by customers with some incentive such as a friend or family or receiving free merchandise or money, [37] [38] or the reviewer was simply hired as a third-party service specializing in providing reviews for a fee. [36] An example of a hired service is Foreword Reviews' Clarion Reviews, which was launched in 2001 [39] and claims to be "the industry's first and most trusted fee-for-review service for indie and self-publishers." [40] Other fee-for review programs include Kirkus Reviews ' Indie Review program [41] and City Book Review , publisher of the San Francisco Book Review, Manhattan Book Review , Seattle Book Review and Kids' BookBuzz . [42]
A pyramid scheme is a business model which earns primarily by enrolling others into the scheme, however rather than earning income by sale of legitimate products to an end consumer, it mainly earns by recruiting new members with the promise of payments. As recruiting multiplies, the process quickly becomes increasingly difficult until it is impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
A vanity press or vanity publisher, sometimes also subsidy publisher, is a publishing house where the author pays to have the book published, and signs a restrictive contract which involves surrendering significant rights. It is not to be confused with hybrid publishing, where the publisher and author collaborate and share costs and risks, or with assisted self-publishing, where the author pays publishing services to assist with self-publishing his own book, and retains all rights.
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
Louis Jay Pearlman was an American talent manager and scam artist. He was the person behind many successful 1990s boy bands, having formed and funded the Backstreet Boys. After their massive success, he then developed NSYNC.
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction is extended each time a new bid is placed, typically by 10 to 20 seconds. Once time expires without a new bid being placed, the last bidder wins the auction and pays the amount of that bid. The auctioneer profits from both the fees charged to place bids and the payment for the winning bid; these combined revenues frequently total more than the value of the item being sold. Empirical evidence suggests that revenues from these auctions exceeds theoretical predictions for rational agents. This has been credited to the sunk cost fallacy. Such auctions are typically held over the Internet, rather than in person.
Reid Garrett Hoffman is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman is the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for professional networking. He is also Chairman of venture capital firm Village Global and a co-founder of Inflection AI.
Employment fraud is the attempt to defraud people seeking employment by giving them false hope of better employment, offering better working hours, more respectable tasks, future opportunities, or higher wages. They often advertise at the same locations as genuine employers and may ask for money in exchange for the opportunity to apply for a job.
A work-at-home scheme is a get-rich-quick scam in which a victim is lured by an offer to be employed at home, very often doing some simple task in a minimal amount of time with a large amount of income that far exceeds the market rate for the type of work. The true purpose of such an offer is for the perpetrator to extort money from the victim, either by charging a fee to join the scheme, or requiring the victim to invest in products whose resale value is misrepresented.
Dorrance Publishing Company, Inc. is a Pittsburgh, Pennsylvania, United States–based book publishing company. The company publishes both traditional printed books as well as ebooks.
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.
Secret Sister is a chain letter-type gift exchange pyramid scheme that has been primarily spread through Facebook. It was first noticed in late 2015, and returned in the Christmas season each year after that.
David Streitfeld is a Pulitzer Prize–winning American journalist, best known for his reporting on books and technology. During his tenure as book reporter at The Washington Post, he definitively identified Joe Klein as the "Anonymous" author of the 1996 novel Primary Colors, upon which Klein admitted authorship, despite earlier denials.
Cambridge Who's Who, also known as Worldwide Who's Who, is a vanity publisher based in Uniondale, New York. It describes itself as highlighting people's professional careers by publishing encapsulated biographies. For additional payment, the publisher also provides other promotional services such as press releases, videos, and Executive of the Year awards. The company is located in Uniondale, New York. As of 2010, Donald Trump Jr. was spokesman and "executive director of global branding" of the company. As of November 2016 the business was "not accredited" by the Better Business Bureau of Metropolitan New York, Long Island, and the Mid-Hudson Region.
MyLife is an American information brokerage firm. Founded by Jeffrey Tinsley in 2002 as Reunion.com, it changed names following a 2008 merger with Wink.com. MyLife gathers personal information through public records and other sources to automatically generate a "MyLife Public Page" for each person. These pages can list a variety of personal information, including an individual's age, past and current home addresses, phone numbers, email addresses, employers, education, photographs, relatives, political affiliations, a mini-biography.
The International Association of Women (IAW) is a for-profit professional association and networking platform fully owned by Professional Diversity Network (NASDAQ:IPDN) since 2014.
Andrew Bachman is an American entrepreneur and investor. He is the founder of several companies, including Game Plan Holdings; after being charged with mobile cramming by the Federal Trade Commission, he resigned as president, chief executive officer, chief financial officer and chairman of Game Plan Holdings on February 11, 2014. He later agreed to a settlement with the FTC that includes a monetary judgment of more than $97 million. The judgment was partially suspended based on Bachman’s inability to pay the full amount, after he turned over nearly all of his assets.
LuLaRoe is a United States-based multi-level marketing company that sells women's clothing. It was founded in 2012 by DeAnne Brady and her husband Mark Stidham and is currently based in Corona, California.
The Europe Business Assembly (EBA) is an Oxford-based organisation selling what The Times has called "fake awards", or what are more widely known as "vanity awards".
A.I. Global Media Limited (AI) is a British organiser of a range of vanity awards and publisher of online magazines. The winners of these awards are invited to purchase publicity in the company's online magazines, and other marketing material such as trophies and logos. The company was founded in 2010 and is based in Staffordshire. The company is under the control of Blakenhall Media Limited since 2016.
BBBs across the nation have issued warnings about these kinds of vanity award schemes since 2008.
In verifying the authenticity of the company, BID, we inform that after out investigation, the data matches except for the phone number ensuring that BID is a fraudulent company.
The Spanish Consulate in Mumbai said BID was a fraudulent company and the Honorary Consul for Sri Lanka in Barcelona Agustin Llanas called BID a spam company that sells awards.