World Federation of Advertisers

Last updated
World Federation of Advertisers (WFA)
FormerlyUnion Internationale des Associations d'Annonceurs (UIAA)
Company type Professional association
Industry Advertising
Founded14 May 1953;71 years ago (1953-05-14) in Stresa, Italy
Headquarters,
Belgium
Key people
Website www.wfanet.org OOjs UI icon edit-ltr-progressive.svg

The World Federation of Advertisers (WFA) is a global association for multinational marketers and national advertiser associations. Its membership is made up of over 140 [1] of the world's top brands and national associations in more than 60 markets. WFA's aim is to champion effective and sustainable marketing communications worldwide.

Contents

WFA is based in Brussels, Belgium, [2] and has offices in London, New York and Singapore.

History

WFA was founded in Stresa, Italy, on 14 May 1953 as the Union Internationale des Associations d'Annonceurs (UIAA) [3] at the initiative of ten existing national advertiser associations representing Belgium, Denmark, France, Germany, India, Italy, Luxembourg, Netherlands, Sweden, Switzerland, and the UK. In 1984, at the Rio de Janeiro World Congress, the UIAA changed its name to the World Federation of Advertisers (WFA) [4] and opened its doors to corporate members. [5]

Global Alliance for Responsible Media

On 18 June 2019, WFA formed the Global Alliance for Responsible Media (GARM), a global cross-industry alliance which aimed to improve digital safety and eliminate harmful online content. [6] [7] This followed an earlier call

to put pressure on platforms to do more to prevent their services and algorithms from being hijacked by those with malicious intent. The call comes after multiple incidents on some of the world’s biggest digital platforms, including paedophile comments being left in comments below videos of children on YouTube, the glorification of self-harm and suicide content on Instagram and, most recently, the live-streaming of the terrorist attack in Christchurch, New Zealand on Facebook. [8]

GARM was made up of advertisers, agencies, media companies, platforms and industry organisations and was part of the World Economic Forum's Platform for Shaping the Future of Media, Entertainment and Culture. [9] In 2022, the alliance introduced guidelines concerning misinformation and new standards on ad placements. [10]

In 2024, the United States House Committee on the Judiciary released a report claiming that GARM had coordinated with large corporations, advertising agencies, and industry associations to withhold spending on advertisements that would fund online content they disfavored because it was conservative. [11] [12] Following antitrust lawsuits from Elon Musk's Twitter and online video site Rumble, the WFA shut GARM down. [13] [14] [15] WFA said the lawsuit misconstrued the purposes of GARM, which it was forced to shut down due to the costs associated with the lawsuit. [16]

Other activities

In 2019, WFA formed a steering group of advertisers and national associations to develop a set of global principles for cross-media measurement for the media ecosystem. [17] In September 2020, an industry framework was released, which aims to set the parameters for cross-media measurement solutions. Digital platforms including Google and Meta were involved in the development of a technical proposal that meet the principles outlined in the WFA framework. [18]

WFA is a founding member of the Unstereotype Alliance, UN Women's flagship partnership with the marketing industry to eradicate harmful gender stereotypes in advertising, launched during the 2017 Cannes Lions International Festival of Creativity. [19] It is also a founding member of the Coalition for Better Ads, a cross-industry initiative to improve consumers’ experience with online advertising. [20]

Each year the WFA holds Global Marketer Week, a series of events bringing together brand marketers to learn about the latest public affairs issues and best practice in marketing. In 2013 this event was held in Brussels to celebrate the organisation's 60th anniversary [21] and in 2023 it was held in Istanbul. [22]

WFA also hosts the WFA Global Marketer of the Year award, an annual competition whose aim is to showcase global and regional marketers. [23]

Related Research Articles

The Alliance for Audited Media (AAM) is a North American not-for-profit industry organization founded in 1914 by the Association of National Advertisers to help ensure media transparency and trust among advertisers and media companies. Originally known as the Audit Bureau of Circulations (ABC), today AAM is a source of verified media information and technology platform certifications, providing standards, audit services and data for the advertising and publishing industries.

<span class="mw-page-title-main">Media Matters for America</span> American media watchdog organization

Media Matters for America (MMfA) is a non-profit left-leaning watchdog journalism organization. It was founded in 2004 by journalist and political activist David Brock as a counterweight to the conservative Media Research Center. It seeks to spotlight "conservative misinformation" in the U.S. media; its methods include issuing reports and quick responses. Two example initiatives include the "Drop Fox" campaign (2011–2013) that sought to discredit Fox News' "fair and balanced" claims; and a 2023 report about X that highlighted antisemitism on the platform.

WPP plc is a British multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It is the world's largest advertising company, as of 2023. WPP plc owns many companies, which include advertising, public relations, media, and market research networks such as AKQA, BCW, CMI Media Group, Essence Global, Finsbury, Grey, Hill & Knowlton, Mindshare, Ogilvy, Wavemaker, and VML. It is one of the "Big Four" agency companies, alongside Publicis, The Interpublic Group of Companies, and Omnicom Group. WPP has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Elon Musk</span> South African-born businessman (born 1971)

Elon Reeve Musk is a businessman and investor known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. Other involvements include ownership of X Corp., the company that operates the social media platform X, and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI. He is one of the wealthiest individuals in the world; as of August 2024 Forbes estimates his net worth to be US$247 billion.

Sustainability advertising is communications geared towards promoting social, economic and environmental benefits (sustainability) of products, services or actions through paid advertising in media in order to encourage responsible behavior of consumers.

<span class="mw-page-title-main">Association of National Advertisers</span> Industry association

The Association of National Advertisers (ANA) represents the marketing community in the United States. Its headquarters is in New York City and it has another office in Washington, D.C. ANA's membership includes over 600 companies with 25,000 brands that collectively spend over 400 billion dollars in marketing communications and advertising.

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The Audit Bureau of Circulations (ABC) is a non-profit organisation owned and developed by the media industry. ABC delivers industry-agreed standards for media brand measurement of print publications, digital channels and events. The company also verifies data, processes and good practice to these and other industry-agreed standards.

<span class="mw-page-title-main">Digital marketing</span> Marketing of products or services using digital technologies or digital tools

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References

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  3. Jones, John Philip (2000). Advertising organizations and publications: a resource guide. Thousand Oaks, Calif.: Sage Publications. ISBN   978-1-4522-2186-1. OCLC   808342720.
  4. Mattelart, Armand (1991). Advertising international: the privatisation of public space (Rev. English language ed.). London: Routledge. ISBN   0-203-99421-3. OCLC   61689262.
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  12. Seariac, Hanna (2024-07-10). "Ben Shapiro talks about censorship of conservatives in U.S. House hearing". Deseret News. Retrieved 2024-07-10.
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  14. Thomas Barrabi (9 August 2024). "Global Alliance for Responsible Media shuts down after Elon Musk's X files antitrust suit over censorship". New York Post. Retrieved 16 August 2024 via www.skynews.com.au.
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  19. "Launch of Unstereotype Alliance set to eradicate outdated stereotypes in advertising". Unilever global company website (Press release). Retrieved 2020-09-29.
  20. Ads, Coalition for Better. "Global Online Media Leaders Join Forces to Improve Consumer Ad Experience". www.betterads.org (Press release). Retrieved 2020-09-29.
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