“Suddenly the anti-bots business is booming,” according to Adweek’s Mike Shields in a story this week about several tech companies pivoting into the fraud prevention space. A more accurate take on the situation is that suddenly, more people see a way to profit off of a problem that advertisers have refused to address for years.
Ask any advertiser why they avoid real-time bidding platforms or exchanges and they’ll likely cite one of two problems: lack of transparency into inventory quality, and fraud, which refers to ad impressions generated by bots rather than actual consumers. These are both legitimate concerns, but they also serve as easy crutches for advertisers to lean on.
First and foremost, there’s no reason to fear “bad” inventory in RTB marketplaces. The technology to review an impression pre-bid and give the advertiser’s platform some sense of the page’s content before the bid is made has been available for nearly half a decade. Advertisers who use these technologies can set certain parameters and use the available data to avoid unwanted content adjacent to their ads, or simply avoid undesirable sites’ inventory altogether. If advertisers aren’t using these tools at this point and remain concerned about where their ads might appear... Read more
Data won't tell you everything you need. In fact, sometimes it tells you the wrong thing."We are data rich and insight poor," said Adam Kmiec, Director, Global Digital Marketing & Social Media, The Campbell Soup Co., during the morning keynote at the iMedia in:Focus Summit on What Women Want From Brands. "Data misses things. Insights come from signals, not data, and insights inform decisions. The key is what you do with those signals."
He urged marketers and agencies to look beyond big data and study insights and emerging trends, and then apply those to the data. For instance, don't assume a tweet is equivalent to an actionable data point. However, many tweets when filtered and structured, can potentially be a powerful signal about consumer behavior. Signals indicate what consumers are really doing with products and how they are buying. "An insight is something you need to think about and then make a decision about what to do about it," he said.