Quantifying Online Advertising Fraud: Ad-Click Bots vs Humans [pdf]
oxford-biochron.com
oxford-biochron.com
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If facebook tells me I got 180 clicks, my javascript detects 100 page views, and 45 people fill out my form, then I know at least 25% of those clicks were real people, or bot sophisticated and motivated enough to actually continue through filling out a form on the destination page.
There is certainly click fraud on every platform -- clicks that only facebook/linkedin/google report, but never appear on server logs.
I'd be interested in knowing what your personal experience has been, I know there are many people on hacker news who've advertised something in the past.
My personal experience with advertising matches yours. Likes on Facebook can come from the strangest sources, but the clicks on ads are mostly real users that fill out forms and buy products.
Filling a form with coherent content is a reasonable proof of humaneness, but only if you're looking at bots that weren't designed for handling that type of landing page.
Someone could write a facebook ad that links to a captcha test, and then post results.
That would provide some useful results...
I should also mention that my targeting is news feed exclusive. In the past I've used sidebar ads, but their results are garbage compared to news feed ads.
This paper basically touched on everything I wished for in a bot detecting product, at a price that seems totally reasonable.
I deal with it every day and the best method is to educate the client by explaining why a click is a poor indicator of performance. Work with the client to come up with measurable goals to track click-through/view-through conversions on these goals and ultimately try to measure impact on ROI. It's really not THAT difficult for most campaigns.
The most difficult part is that the client becomes aware of all those wasted dollars on previous campaigns that they thought were high performance because of a high CTR.
*display adspend
Nope, much of it is branding. Some are focused on clicks, some are focused on viewability... it's sort of a turning point in the industry...
> No, and they are not focused on clicks either. The majority of the adspend* cares about impressions, viewability and lift. *display adspend
Most or not, it's still a significant amount. The clients you mention may be more concerned with impressions/viewability/lift, but they're still vulnerable to be gamed the same way as someone who cares about clicks. Viewability is already being manipulated by the same bots that generate fraudulent clicks. It's a great metric in theory, but take it with a grain of salt.
If anything, these companies (Moat, IAS, Oxford...) are the ones who should be most concerned about combating bots.
No arguing there. I was just pointing out facts to the previous comenters.
I don't know about the turning point tho...
Strongly disagree here. It really is THAT difficult for most campaigns. What you are talking about is attribution, and display attribution in particular is still in the dark ages compared to anything click-based. It is IMHO by far and away the toughest problem to tackle in the industry right now. Even more so thank fraud, because if you have a clear sense of what is actually driving revenue, the fraud just becomes another factor for bid algorithms to consider.
Coming up with the value of a view-through conversion, etc. is non-trivial. Further, even getting revenue data from view-throughs is not easy for most advertisers that don't have an ad server in place (think everyone using the vanilla AdWords tracking on the GDN). Specifically, Google gives you view-through conversions, but not view-through revenue, even though they clearly have the data.
I agree that too much of the industry is focused on clicks, and publishers are still loving branding clients that go after impressions because they see it as an easy commission that is super simple to automate management for.
That said, I wish any company with a display offering would do more to prove the value of it from an attribution standpoint. Why do I need to have DFA for accessing full exposure-to-conversion path data? Wouldn't that make it much easier for me to sell in the value of display to my org/clients so I would spend even more?
Personally, I'm dying to see what Google does with Adometry, and what FB does with Atlas in terms of proving the value of display from a data-driven dynamic attribution standpoint. Static models are broken and display is a much more difficult beast to tackle.
There's nothing in this article about what kind of sites the adverts were being served on, which is a fairly glaring omission.
I personally would not trust this at all.
I'm sure it will be perfectly obvious in hindsight.
Since these click farms are typically just infected computers, they can likely setup other tasks to monetize: DDoS, email, BTC mining, etc...
If I'm selling a product that makes $50 profit, all I care about is how much I have to pay to get a conversion. If it takes 100 clicks for a conversion at $0.50 per click, that is same ROI as 50 clicks for a conversion at $1 per click. So if half the clicks are from bots, I'm just going to bid half as much. Maybe in the short term I'm not going to, but certainly I will adjust in the long term.
Which of course is not what Google wants. Google doesn't want to make money at the expense of creating long term customers. Google wants the conversion rates on their platform to be better than the conversion rates on other platforms, which is directly comparable at the customer end.
So by detecting and controlling click fraud, Google gets higher CPCs (which they like), their platform has higher user end conversion rates (which they like), it builds trust and consistency in their platform (which they like), and in the long term they don't even lose money because CPCs will just adjust upwards as fraud goes down.