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Wednesday, July 30, 2014

Study Shows That Bot Fraud Is Alive And Well With Internet Advertising

By Josiah Bashir


There are a lot of concerns out there that 30 top advertisers are using bots to generate profits. This can make it hard for honest people to make money through advertising, so it's good that this report is being conducted. Here is some more information.



If your conversions are low, you have been trained and brainwashed into believing that it must be something about your ad, the audience you are marketing to, or the products you are selling. We don't want to think that the very advertisers that we are paying thousands of dollars a month, or even a day, are actually unscrupulously swindling us out of our cash.

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.

In the world of online advertising, there is always going to be some amount of fraud that will occur from time to time. The idea that people are spending billions of dollars on advertising, and are actually being ripped off by the very people that they are receiving their advertising from is dubious to say the least.

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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