The ability to advertise on the Internet, and make money through the visitors that online advertising can send to your website is something that many people utilize every day. The thought that these companies are actually not providing the best possible service probably doesn't cross your mind.
So, what exactly is bot fraud? Basically, bot fraud is when people use websites that promote advertiser's products and then push fake traffic towards those sites and offers in order to get a payout. It is fraud because the traffic is not real - but bots or computer generated. This is a severe problem in the digital marketing sphere and many marketers have estimated that between 25-30% of a marketing budget is lost due to bot fraud.
A study done by the ANA using a company called White Ops has blown the lid off of 30 companies that are apparently participating in advertising fraud. The group published their findings, and not surprisingly, some of the most recognizable brands known worldwide were at the heart of this controversy. It just goes to show that regardless of what you believe about the integrity of certain companies, there is always going to be that possibility that you will end up losing money, having it taken from you, by those that you trust in the online advertising industry.
The Marketer's Coalition will bring together 30 advertisers from different industries such as financial, automotive, technology, travel, hospitality, consumer products etc. Then, the campaigns from each of these companies will be thoroughly assessed to identify areas where fraud occurs. The point at the end of the study is to give each one of the advertisers a detailed report that would contain the overall fraud rates, fraud according to platform i.e. mobile or desktop, channel, format - video or display as well as any other findings.
As you can see, ANA is completely committed to understanding bot fraud and with time, will be able to reduce its occurrence.
Unfortunately, words like disingenuous scare mongering come to mind, with this generalized agreement that those in this industry are in cahoots with one another, full aware of what they are doing, only doing so as long as they can until they are found out. Recently, the ANA did a study and showed that, despite the fact that advertising will grow at least 15% this year, there is still going to be an increase in fraud from the advertisers that they are paying.
So, what exactly is bot fraud? Basically, bot fraud is when people use websites that promote advertiser's products and then push fake traffic towards those sites and offers in order to get a payout. It is fraud because the traffic is not real - but bots or computer generated. This is a severe problem in the digital marketing sphere and many marketers have estimated that between 25-30% of a marketing budget is lost due to bot fraud.
A study done by the ANA using a company called White Ops has blown the lid off of 30 companies that are apparently participating in advertising fraud. The group published their findings, and not surprisingly, some of the most recognizable brands known worldwide were at the heart of this controversy. It just goes to show that regardless of what you believe about the integrity of certain companies, there is always going to be that possibility that you will end up losing money, having it taken from you, by those that you trust in the online advertising industry.
The Marketer's Coalition will bring together 30 advertisers from different industries such as financial, automotive, technology, travel, hospitality, consumer products etc. Then, the campaigns from each of these companies will be thoroughly assessed to identify areas where fraud occurs. The point at the end of the study is to give each one of the advertisers a detailed report that would contain the overall fraud rates, fraud according to platform i.e. mobile or desktop, channel, format - video or display as well as any other findings.
As you can see, ANA is completely committed to understanding bot fraud and with time, will be able to reduce its occurrence.
Unfortunately, words like disingenuous scare mongering come to mind, with this generalized agreement that those in this industry are in cahoots with one another, full aware of what they are doing, only doing so as long as they can until they are found out. Recently, the ANA did a study and showed that, despite the fact that advertising will grow at least 15% this year, there is still going to be an increase in fraud from the advertisers that they are paying.
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