The launch of this bot fraud study could be the starting point of a revolution in the digital advertising industry. This is very important if we believe various reports stating that 50% of all digital advertising expenditure is wasted with bot fraud. Although there's no solid evidence to support this figure, everybody in the industry agrees this type of fraud exists.
Since digital advertising has already reached about a quarter of all advertising expenditure, it makes sense to try to regulate it a bit more and to prevent and limit fraud as much as possible. There are reports that estimate bots account for as much as half of the expenditure. There's no confirmation for such statements and reports, but the phenomenon is worrisome in itself and it should be kept under strict control.
There is disagreement in the industry, with some of the major players calling the concern "disingenuous" and pandering with "scaremongering." Nevertheless, there is agreement that fraud does exist, and it is just a matter of how much exists.
This will determine more advertisers to become proactive in the fight for eradicating bot fraud. They need to understand the importance of taking all cautionary measures to protect their campaigns, because it's a matter of increasing their ROI at the end of the day. The less money you waste because of bots or other reasons, the more leads and conversions you'll get for the same budget. This is why the results of the study are of crucial importance for the industry. Everybody awaits the data and the conclusions which ANA promised to make public in the fourth quarter of this year.
Bot fraud poisons the digital advertising system, there's no doubt about it. However, when it comes to estimating the extent to which it penetrated the system, it's hard to come up with any figure. This is why, the Association of National Advertisers, also known as ANA, started a study in which they are going to track the campaigns of 30 advertisers for 30 days.
Marketers need to become more proactive in understanding the phenomenon and in finding solutions to fight it. The ANA promised that the results of the study, as well as the conclusions, will be shared with the industry before the end of this year. Hopefully, it will be the basis for further action in fighting bot fraud and in making digital advertising environment a much healthier place to be for all players on the market. It will be a gain for everyone but the thieves.
Since digital advertising has already reached about a quarter of all advertising expenditure, it makes sense to try to regulate it a bit more and to prevent and limit fraud as much as possible. There are reports that estimate bots account for as much as half of the expenditure. There's no confirmation for such statements and reports, but the phenomenon is worrisome in itself and it should be kept under strict control.
There is disagreement in the industry, with some of the major players calling the concern "disingenuous" and pandering with "scaremongering." Nevertheless, there is agreement that fraud does exist, and it is just a matter of how much exists.
This will determine more advertisers to become proactive in the fight for eradicating bot fraud. They need to understand the importance of taking all cautionary measures to protect their campaigns, because it's a matter of increasing their ROI at the end of the day. The less money you waste because of bots or other reasons, the more leads and conversions you'll get for the same budget. This is why the results of the study are of crucial importance for the industry. Everybody awaits the data and the conclusions which ANA promised to make public in the fourth quarter of this year.
Bot fraud poisons the digital advertising system, there's no doubt about it. However, when it comes to estimating the extent to which it penetrated the system, it's hard to come up with any figure. This is why, the Association of National Advertisers, also known as ANA, started a study in which they are going to track the campaigns of 30 advertisers for 30 days.
Marketers need to become more proactive in understanding the phenomenon and in finding solutions to fight it. The ANA promised that the results of the study, as well as the conclusions, will be shared with the industry before the end of this year. Hopefully, it will be the basis for further action in fighting bot fraud and in making digital advertising environment a much healthier place to be for all players on the market. It will be a gain for everyone but the thieves.
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