Home   | News   | Events   | Careers   | Library   | Topics   | Members   | Vendor Directory   
Surging ''Click Fraud'' Imperils Internet Marketing

Surging ''Click Fraud'' Imperils Internet Marketing

Marketers are at risk of soon losing over $1 billion annually through Internet "click fraud," according to SPSS, a worldwide provider of predictive analytics software. In December 2004, the Search Engine Marketing Professional Organization (SEMPO) found that one in five pay-per-click online advertisements are counterfeit. It is estimated that last year, click fraud cost businesses $800 million. If no action is taken, these costs are set to rise to $1.1 billion.

"Click fraud" is a term used to describe how Web surfers excessively click on an item found on a Website, inevitably creating problems for the advertiser. Repeated clicking on the advertisement can put the item offline or leave the advertiser with a large bill.

A Buyer's Guide to CRM Functionality

whitepaper
Answer a few questions to download a FREE whitepaper now.
What features are you looking for in a CRM Solution?
Lead tracking/management     Marking campaign tracking and reporting
Contract tracking/management Call center tracking and reporting
Sales pipeline forecasting/analysis
How many employees will work with this system? 
When do you need to have a CRM solution in place?

"Click fraud is an increasing concern in the industry," said SPSS President and CEO Jack Noonan. "If left unchecked, click fraud could threaten millions of dollars of online marketing investments and seriously endanger the future viability of Web advertising."

"Marketers can limit their exposure to click fraud by applying predictive Web analytics software to online campaign responses and Website activity," added Noonan. "This enables companies to monitor what happens after the first click and identify advertisements that exhibit irregular behavior patterns." SPSS has compiled five rules to help companies overcome click fraud:

1. Determine the policy for online search advertisements before signing any contracts. 2. Use Web analytics to better understand traffic to your Website.
3. Monitor Website activity closely through the entire lifespan of an online campaign. 4. Apply predictive analytics software to anticipate fraud.
5. Flag possible fraud cases with online search advertisers as soon as identified.

SPSS' predictive analytics software connects data to effective action by drawing reliable conclusions about current conditions and future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve processes, and detect and prevent fraud.

Other Latest News of this Category: