Research and fraud: As Data Science is increasingly adopted in
media companies, research departments, especially in those areas
dedicated to quality research such as focus groups, are feeling the
pinch. Not only can pure data focus attention and resources on real time
reporting, the margin of error in its output can be minimized with
protocols such as blockchain. The two seemingly different but actually
related topics of quality research and ad fraud were discussed by Paul Donato, CRO, the ARF at SXSW:
Charlene Weisler: Is there room for quality research in this age of data driven decisions?
Paul Donato: Quality and quantitative research lie
on two different dimensions. Qualitative and quantitative are two ends
of a single dimension, and both are changing dramatically.
The quality of the research is essential for both qualitative and
quantitative. Social listening is electronic, real time, continuous and
benefits from very large samples. Sentiment algorithms have improved
dramatically. Open source APIs for natural language and sentiment and
the abundance of data on the social networks have changed qualitative in
a way believed to have impacted the last presidential election.
Quantitative data is now drawn from online behaviors, loyalty cards
and other sources of consumer and media data. However, for many
applications, panels and surveys are still needed for modeling holes in
the data and demographics of the digital signals. Because, digital data
often lacks the depth of what we can collect in surveys, the quality of
the models that fill in that data is essential. There is so much data
available, with so little measure of accuracy. Therefore, methods of
assessing quality are more important than ever.
Weisler: Will fraud ever go away and if not, can we tamp it down?
Donato: Possibly. There are many who are testing
blockchain as an immutable ledger of the digital supply chain that can
eliminate most of the fraud. Maybe, the major digital companies are
working on a device and person’s identity with the possibility of a
universal ID after there are no cookies. However, this is looking out 3
to 5 years.
Today, many things are happening to tamp down fraud. Digital is here
to stay, so advertisers are taking control of their digital campaigns.
Consortiums such as TAG required registrations that support safe and
valid traffic. Standards such as those set by the MRC have supported
independent firms that specialize in identifying invalid traffic.
Viewability standards will help tamp down fraud. Advertising will find a
way, so it is a matter of time before fraud is less important than most
other challenges in marketing.
This article first appeared in www.Cynopsis.com
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