Expert Opinion

Brand-Safety

How Does Brand Safety Adversely Impact Brands and Publishers?

Brand safety is a challenge for online marketers in today’s programmatic landscape. COVID-19 has affected brands in a big way, including the advertising and marketing industry. The rapid growth of digitization has made brands’ digital safety a major concern for both brand custodians and publishers. Digital advertising faced its first brand safety issue several years ago when it was found that ads on YouTube for major national brands were next to ISIS recruitment videos. Since then, things have gotten out of hand. According to a 2017 survey of U.S. marketers, 68% said their brand was exposed to “brand safety” issues. Furthermore, the study found that publisher sites, Twitter, and Facebook all ranked as having a higher risk of brand safety violations, despite YouTube’s notable brand safety policies. It’s challenging for publishers to manage the contextual suitability of ads on their sites, especially if they’re being served programmatically. No matter what type of advertisement you run, whether it is a political ad with a divisive message, a KFC ad that appears on a vegan website, or a lingerie ad that appears on a kid’s site, the contextuality of advertisements can directly affect how your audience experiences your brand. Your brand can be tarnished if offensive or inappropriate content occurs next to your ad. Why Should Publishers Invest in Brand Safety? Brand safety is not a matter of prime concern to most small and medium publishers. Fraudulent publishers mix the incent traffic within non incent traffic making fraud detection difficult. This impacts the campaign’s performance with low-quality leads and engagement. This negatively impacts the credibility of the publisher. How the Industry Bodies Are Helping Publishers in Addressing Brand Safety Issues? Publishers have faced numerous problems related to brand safety over the years. There is a need for them to work directly with brand safety vendors in order to keep their digital assets safe and gain the confidence of advertisers and audiences. Many industry bodies have been working to define practical brand safety measures in order to help facilitate a productive connection with advertisers and publishers, including the Interactive Advertising Bureau (IAB) and the Media Rating Council (MRC). The measures were designed to help in making informed choices before the campaigns began. What Should Publishers Do? Identify your current position: In addition to blacklisted keywords, advertisers also consider the domain authority, viewability score, fill rate, and historical bid price of your site. You may be removed from the advertiser’s campaign if your numbers don’t meet the advertiser’s standards. Therefore, it is recommended to keep an eye on these numbers to avoid penalties from brand custodians. Avoid invalid traffic: Non-human traffic can kill the brand safety score. When a demand-side system notices unusual traffic on your domain, it flags you as unsafe. It’s hard for publishers to avoid all invalid traffic. In such an instance, make your policy transparent and include the percentage of invalid traffic on your site. Review your demand source: Choosing your demand partners wisely is recommended. Make sure they have appropriate safety measures in place, including preventing ad injection and domain spoofing. Consult a brand safety company: There is a good chance that advertisers have blacklisted your inventory if you’ve recently noticed a decline in fill rate. However, there are many other possible reasons. But do not rule out blacklisting. It is recommended that you work directly with brand safety vendors. Aside from providing protection services, they can also assist in creating a balance between genuine content and ad revenue, Learn more about brand safety: Brand safety is not just a concern for advertisers, but also for publishers of all sizes. Learning more about the problem should help you come up with an educated solution. Use the guidelines from the IAB and MRC to build buyer confidence. Vet your partners and advertisers: Programmatic advertising has become more concerned about perceived brand risk as a result of increased technology usage. In part, this is due to a lack of transparency between advertisers and publishers. Thus, advertisers are choosing direct buys with reputable publishers or direct integration with the publisher’s ad server. This is because, in such a buy, the possibility of ad fraud is greatly reduced. You benefit from direct deals because they offer better transparency than indirect deals, which will build much stronger bonds with your advertisers. Conclusion Knowing everything about your business is important because it’s part of the advertising chain. Neglecting brand safety will only harm your business. Now that advertising is reinventing itself, the opportunities that come from improving your brand’s safety will bring the desired ROI. mFilterIt’s deep web scanners continuously keep a detailed eye across digital space to report any deviations from the brand policy and objectives. To learn more about our brand safety solution, Click here to schedule a demo with us!

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Product-Title

Is Your Product Title Compelling Enough?

A product title is the second-most visible aspect after viewing the item’s image on any search engine. 57% of online shoppers use search engines like Google, etc., to find more about a product. Another report states that relevant keywords in the title tag help in good SERP 4.39 out of 5.0 times. Creating a compelling title is a priority for eCom brands as it can directly impact their traffic reach, discoverability, and sales. An SEO-friendly title must have the relevant product information created using targeted keywords and confine within the perfect page character limitations while connecting with the target audience’s needs. Simultaneously, brands need to avoid words like sale, offer, promotion, best seller, etc., while creating the product titles. Achieving these aspects also helps brands enhance user experience, generate interest among new buyers, and manage buyer expectations. So, while most people would say, ‘what’s in a name/title?’ we would like to answer this question for you while offering a checklist. So, let’s get onto it. Why Do eCom Marketers Make a Fuss About Product Titles? The average customer visit duration on Amazon is 13 minutes and 11 seconds, stating the average time brands have to convince viewers to become potential buyers. Comparing the visit duration with the 2020 conversion rate by the end of the third quarter, i.e., 2.17%, would mean brands have an average of 2.17% conversion in 13.11 minutes, which likely involves searches and navigation. Given these facts, optimizing product titles and offering a suitable image for ease in product recognition becomes vital besides pricing intelligence and delivery duration. Moreover, suppose you carefully view Amazon’s mobile and webstore. In that case, you will find that the app has a limitation of 79 characters, whereas the website displays no more than 200 characters in the title. However, the limitations can vary based upon the eCom store, categories, and seller/vendor. Marketers want their product features/capabilities to get covered as USPs in the title; however, they often fail in the title score if analyzed carefully. Here is a classic example of characters exceeding the title limit on a laptop: Most SEO experts would ideally identify that the length could decrease and optimize the title by removing either one of the targeted keywords (Smart Watch Smartwatch or Smart Watches for Men). It would also offer an advantage of showing more about the product features. What Makes a Great Product Title? Making a compelling title jots down to length, word placements, and keywords. However, a few facts need to be kept in mind while focusing on these three aspects. Let’s get onto them. Keywords: One of the most influential factors that prompt consumers towards further product exploration on search engines of websites like Google and eCom stores like Amazon, Big Basket, and Flipkart is ‘Keywords.’ Given the average duration, incorporating the right keywords, in the beginning, is always a priority; however, so is avoiding keyword stuffing. Brands don’t want their customers to think that the product looks unworthy of their basket and requires spending more time on the title. The weight of keywords is equal on an entire product page but begins with the title. Word Placement: After deciding on the relevant content of the product, the next step is deciding on word placements or structure. eCom marketplaces have guidelines for helping sellers with product titles, descriptions, and A+ content, yet most sellers score low results in all three aspects. For example, your title could include “Brand name, sub-brand, product, feature, etc. Let’s take the example from the above image,” Noise ColorFit Pulse Spo2 Smart Watch with 10 days battery life….” The keyword is placed after the fourth word when it could easily get placed before “Spo2” and grab higher views even on the mobile app. Length: Although we have already covered this aspect, let’s get more specific. According to a source, the average character length for product titles across most eCom stores is 50-200. The length is decided based on many factors, but one of them is that the customers have a low retention span while searching for online products (which we have already covered). Therefore, short titles often generate the interest of the buyers. Here is a classic example of the keyword ‘laptop backpack’: In this example, the brand fails in the word placement but would score high in length and keyword, as it has a good product description in the title, which is also clearly visible on the mobile app. The Best Method to Ensure Great Product Titles Knowing the title, content, review, and overall score helps brands to make changes in their ongoing content and marketing practices across eCom stores. The best method to continuously review these four scores is eCom Competitive Analytics or mScanIt. The technology-driven solution offers insights for improving the perfect page summary scores across eCom platforms while offering a comparative score review of the competitors. Final Words Brands can only decide whether their product title on eCom stores is more compelling than the competitors by continuously reviewing them through eCom Competitive Analytics. The solution also offers scores for other aspects necessary for creating a perfect page. mScanIt, powered by mFilterIt, is currently being used by major eCom industry leaders across borders and allows brands to learn more about their product listings through in-depth insights. For more information on the advantages of mScanIt for your business, connect with us by dropping a comment or scheduling a demo.

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Online Sales

Most Successful Strategies to Drive Online Sales on eCom Platforms

Why would a consumer buy your product over the competitors, especially with an ‘n’-number of options on ecom marketplaces? It all boils down to the “trust” a customer has in your brand and its products, created using multiple marketing and advertising strategies over the years. Trust on ecommerce platforms like Amazon, Big Basket, Flipkart, etc., is built by creating a good first impression, offering reassurances, showing off products, etc. However, while your brand is implementing online strategies to achieve this goal, it is also crucial to enhance customer journeys, manage stock availability, understand pricing intelligence, etc. Creating successful ecommerce sales strategies also requires an in-depth understanding of your brand’s product versus the competition to learn about customer issues, most/least appreciated qualities, hero products across different ecom platforms, etc. Therefore, building successful sales strategies is possible through eCom Competitive Analytics, a.k.a., mScanIt. We bring the best methods to increase sales through mScanIt, powered by mFilterIt. 3 Important Strategies That Can Boost Sales Find Out Customer Requirements Viewers on ecommerce platforms often leave their queries under the Q&A or review & rating sections. Answering the commonly asked questions by potential buyers can enhance sales of the product listings. Similarly, knowing the common queries for the product listings across ecommerce platforms can enable brands to improve their customer communication inside and outside the ecommerce store. mScanIt’s question themes encompass the times customers have used a particular phrase as part of the Q&A for a product listing. For example, suppose the theme reveals packaging mentioned sixty-four times under the questions. In that case, the brand will know that they should address it by mentioning details on the product page or running online marketing campaigns. Answering customer queries improves the product information, and 10% of the online shoppers prefer ecommerce purchases versus physical retail stores for this very reason. Besides this, brands can utilize the word cloud representation of the themes in the Q&A section to learn about their consumers. Enhance Your Product Page Captivating a consumer’s attention, especially after clicking on the product listing, requires describing the product and using the apt keywords in the correct arrangement throughout the product page. Clear and crisp information that meets the potential target audiences’ needs will encourage add-to-cart actions and conversions/sales. New users would often build trust through the content and feedback, whereas returning users are already interested in the product but are likely searching whether it encompasses the latest features/qualities. Simultaneously, all potential consumers search for trust signals such as high-quality images, good content copy, detailed product descriptions, easy on the eye title, etc. Wouldn’t that be your perspective, too, if you will buy from a new seller/brand? Overcoming the challenge in developing and achieving perfect page benchmarking can increase consumer base and revenue and enhance the brand reputation without any paid activity, as content copies require only words. eCom Competitive Analytics scores for title, content, and reviews, besides overall score, while measuring it against the competition. The information helps brands to know the highest possible score under each aspect and explore areas of improvement under these avenues through deep diving. Improve Your Ads Given that 10% (more or less if compared with the current year) of the ecommerce advertising budget goes into banner ads, developing a great banner copy is important. Include high-quality images and details that highlight the USP(s) of the product, keep it short, simple, & catchy, etc., are continuously practised by marketers. But why does the ad copy still have such a low score compared to the competition? Knowing the aspects that increase engagement with the rival’s sponsored ads can enable brands to develop better ad copies, find a new target base, build brand trust, and ultimately increase sales. Analyzing the ad copies will help understand the targeted buyer personas and gather more intelligence. Also, if possible, introduce usability factors in your ad copies to reach the correct audience, even if you have a wide net. Enhancing the sponsored ads improves the buyer journey through navigation, which is the only other method besides search engines on ecommerce platforms. The factors that drive sales don’t get limited to or by these three factors only. Measuring and keeping track of share-of-shelf, keyword analytics, the share of sponsored listings, etc., also encourages or drives conversions. All these are part of eCom Competitive Analytics, which is currently used by industry leaders in electronics, FMCG, or other domains. Final Words Knowing the drivers of ecommerce sales also helps to acquire a competitive edge, acquire a higher share of the market revenue, fight back against vulnerabilities, and more. eCom Competitive Analytics derives accurate information about the brand and its competitor’s product listing. Doing so allows brands to explore new growth areas, take action in real-time, reduce MAP violations, and remain attuned with the KPIs. As a result, brands achieve higher revenues and drastically improve their discoverability, availability, visibility, and other essential aspects. For more information on the advantages of eCommerce Intelligence Solution, connect with us by leaving a comment, or drop us an email in the contact section.

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Financial-Fraud

Indian Consumers Are Losing Money Due to Financial Fraud. Is There a Solution?

The pandemic has brought a revolution in the adoption of digital payments among consumers. In the past two years, approximately 68% of Indian consumers have started using mobile payment apps, while 94 percent of Gen Z consumers have started owning mobile wallets. However, with the changing habits of the consumers, the fraudsters are also actively looking for different ways to defraud consumers. In the past year, 34% of consumers have reported financial fraud. This number rises to 41 percent for the people between the age group between 25-29 years. To protect the consumers, over the years different financial institutions have come forward with RBI to provide a consumer redressal mechanism against financial fraud. Know in detail about the types of online financial frauds happening in India costing consumers monetary losses and how you can act against it. Types of Online Financial Frauds Phishing Scam In this case, a fraudster creates a phishing website that mimics the legitimate website of a bank, e-commerce, search engine, etc. After this, the fraudsters share the link to these websites using various mediums like social media, email, SMS, and Instant Messenger. Many of the users click on these URLs and enter their security credentials like their CVV pin, One Time Password (OTP), password, etc. This information is later used by the fraudsters to commit financial fraud and steal money from the consumer’s account. Vishing Scam The fraudsters often claim to be bankers, insurance agents, government officials, and firm executives and approach consumers over the phone or social media for information. They approach the customers and win their trust by disclosing basic information like name, date of birth, etc. Once they win the trust, the imposters trick the customers to share confidential information like OTPs, PINs, passwords, and CVVs. They also impose urgency by sharing different emergency cases like the need of blocking an unauthorized transaction, winning discounts, or avoid penalties. Online Shopping Fraud This is quite a common way nowadays that cyber fraudsters use to dupe people online. There are different ways the imposters commit this type of fraud. In one of the cases, the cybercriminals make a duplicate website of some legitimate brand and offer cheap products. They convince the customer to pay online and after the payment is done, the customer doesn’t receive the ordered product. In another variant, the fraudsters create a new website and sell products at a cheap price. Similar to the above case, here also the customer pays but doesn’t receive the product. Some fraudsters also add a policy in which if the customer buys a product that costs more than a dedicated amount, the customer can get a chance to win an expensive gift at no extra cost. Once the customer purchases the gift, they get a call from a “customer service” of the fake website asking the customer to pay a refundable amount. In this way, the fraudster induces the buyer to deposit money. App Fraud The fraudsters circulate various app links via SMS, email, social media, and instant messenger, which appear similar to the existing apps of authorized companies. Once a customer clicks on these links to download an unknown and unverified app, the fraudster gets access to their device without their knowledge. This means that they also get access to confidential details stored in the device. In addition to this, some screen-sharing apps give fraudsters control to watch the customer’s device and gain access to financial credentials. Using this confidential information, the fraudsters can make unauthorized transfers of funds or make payments by using the customer’s payment apps. Search Engine Scam Consumers use a search engine to find contact details of banks, insurance companies, or any other company. Meanwhile, the fraudsters set a trap for the unaware consumers. The fraudsters modify the contact details on search engines and make them look like legitimate entities. When the customers contact these unknown and unverified numbers, the fraudsters ask them to share their confidential details like card credentials or details for verification. And the consumers assume that they are genuine representatives of the RE and share their details. Identity Fraud As the use of social media is growing, fraudsters have made it a breeding ground to dupe people and get their confidential details. To fool the customers, the fraudsters create fake accounts using the acquired data of the users. After this, they contact different consumers for money in exchange for fancy deals and discounts. In some cases, the fraudsters also use the private information of the users to blackmail and extort money. Consumer Redressal Mechanism for Financial Frauds To protect the consumers from the implication of financial fraud, the Ministry of Home affairs has operationalized the national Helpline 155260 and a reporting platform. The helpline and the reporting platform have been started under the umbrella of the Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs. This initiative was further given support by the Reserve Bank of India (RBI), other major banks, Payment Banks, Wallets, and Online Merchants. The citizen financial cyber fraud reporting and management system has been set up in-house by the I4C to integrate Banks, Law Enforcement Agencies, and Financial Intermediaries. Currently, this helpline is utilized in seven states and Union Territories (Chhattisgarh, Delhi, Madhya Pradesh, Telangana, Rajasthan, Uttarakhand, and Uttar Pradesh). These locations cover more than 35 percent of the country’s population. By leveraging the new-age technologies, this redressal mechanism empowers both the bank and the police. It helps to share online fraud-related information and take appropriate action in real-time. The loss of the defrauded money in online cheating cases can be avoided by stopping the money trail before it goes further and moves out of the digital ecosystem. How does this operate The Helpline and its associated platform work according to the following process: The financial fraud victims can contact Helpline no. 155260, which is managed and operated by the concerned State Police. The designated operators take down the fraud transaction details and the basic personal information of the

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Share-of-Shelf

Why are eCommerce Brands Competitive About Share-of-Shelf?

Retail eCom sales have been booming since 2014. According to Statista, In 2023, global retail e-commerce sales reached an estimated 5.8 trillion U.S. dollars. Projections indicate a 39 percent growth in this figure over the coming years, with expectations to surpass eight trillion dollars by 2027 Nowadays, eCom brands retain their existing and new customers through promotions, offers, subscriptions, and deals, which also gives them a competitive edge. Share-of-Shelf (SOS) has become the next big model for boosting these deliverables. SOS measures the visibility of a product based on a specific keyword under a particular category of an eCom marketplace. A high SOS means that the brand has eased consumer discoverability and product visibility on eCom searches. However, harnessing such results on the eCom store is tiresome as brands constantly need to review the keywords of their brand’s products and competitor listings. Besides visibility, a higher share of digital shelf correlates to more money for the brand. How? Brands with higher visibility, especially on the first-page results, have witnessed higher number of consumers undertaking add-to-cart actions and conversions, hence higher sales. Forecasting such consumer behavior significantly impacts the product marketing strategies, sponsored listings, cross-selling across opportunities across eCom stores, etc. Moreover, the knowledge about the eCom platform offering the highest SOS helps identify which marketplace has consumers more receptive to the brand? – another valuable insight for the sales and marketing team. Similarly, the brand also recognizes the keywords that offer the maximum search visibility to their products and the hero product under the categories. Traditionally, brands measured the share-of-shelf in offline stores by calculating and analyzing the facings and linear listings. Brands reviewed the total products facing a category and compared it with competitors and variants. The linear listing accounted for the total products of a brand listed in a linear length and reviewed against the competitors. However, the story of the share of the digital shelf is entirely different, as they are measured across eCom stores using keywords. Measuring the presence of a brand’s products helps identify trends across eCom stores, cities, and pin codes. 3 Reasons eCom SOS Has Become Highly Competitive Reviewing the share of digital shelf help brands to gain insight into the presence of the product on eCom platforms. Brands can also learn about consumers’ journeys through SOS. Moreover, the need to track the share of sponsored and organic listings has become unavoidable. Tracking the brand’s discoverability under a category using keywords helps detect the most commonly used consumer searches. Moreover, a brand can even decipher its product’s visibility based on competitor, organic/inorganic, and brand keywords. Unfortunately, brands sometimes get zero views on sponsored listings, which is worrisome. Simultaneously, competitors might also be making money by enhancing their visibility using your brand’s keywords. But these are secondary advantages of reviewing the share of digital shelf and can get dealt with by contacting the eCom marketplace. However, the primary advantages offered by keeping track of the SOS are as follows: Optimize Searches Brands often enhance searches using the preferred keywords on pages, results, or lists. Moreover, they are further segmented into long and short-tail keywords. Brands understand that basket conversions and shopper awareness are substantially higher for the top five products (of the first page) on an eCommerce platform than others. So, the need to safeguard ‘brand-specific’ keywords from competitive bidding becomes important for enhancing product visibility. Unfortunately, brand bidding is still a prevalent fraud even in the eCommerce industry and gravely hampers the search results. Share of brand search can summarize keyword search result share across each eCom marketplace. Analyzing the share of voice can prove helpful for benchmarking the top brands/products under definitive categories. Data-driven results help brands curate looped feedback about consumer behavior, optimizing revenue spending. mScanIt even determines insights post SOS analysis based on city, pin code, or other classifications. Such segmentations help brands to optimize their marketing campaigns. Measures Essential KPIs Dashboard of mScanIt tailors the eCom results of Share-of-Shelf (SOS) through Key Performance Indicators (KPI). The KPIs help to enhance search results, display tailored results, improve the user experience, etc., using a single platform. The brands can discover the ongoing product, category, page, trends, besides performance and competitive data. The SOS covers KPIs like SKU range share, overall SOS, top product by search, average page positioning, etc. According to Amazon, the top three search results account for 68% of clicks, and 75% of eCommerce shoppers make decisions based on the first page results. Utilizing SOS KPIs can help brands devise strategies to increase add-to-cart conversions and brand awareness.  Influences Consumer and Brand Behavior Another significant advantage of reviewing SOS using an eCommerce competitive analytics solution is determining the consumer behavior or journey. Understanding the habits of the online shoppers on eCommerce platforms like Amazon and Flipkart can help devise multiple strategies. For example, for any given keyword, e.g., brands like Aashirwad, Fortune, Pillsbury, and other brands’ products constantly appear on the first page. Moreover, consumers searching for FMCG or CPG products are almost instantly looking to fill their shelves. Therefore, products of brands with the highest visibility under the search term “atta” will likely incur higher conversion due to urgency. So, SOS retains the capacity to influence consumer behavior. Industry researchers have also suggested that first-page product results in higher add-to-cart actions and conversions under a specific keyword and category. Simultaneously, such brands would significantly diminish their cart abandon rates. Conclusion Measuring the share of the digital shelf has become essential for brands because of the multiple advantages and competitor insights, other than product visibility under different keywords and categories. But, it is only a single discoverability aspect. But, brands require a more in-depth analysis of availability, performance, visibility, search, exec compliance, and brand safety before making the final marketing strategy calls. An eCom Competitive Analytics solution like mScanIt can prove beneficial for achieving these goals while monitoring KPI achievements against the market leaders. In addition, a solution like mScanIt offers an easy mechanism for understanding consumer behavior journeys. SOS is not taken lightly by any

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eCom-Competitive-Intelligence

Why is eCom Competitive Intelligence a Need for D2C Brands?

With the growing trends of mobile advertising, fraudsters are finding new ways to sneak into the digital ad ecosystem and loot the advertiser’s money. One of the known frauds in the mobile advertising segment is Click Injection. According to Statista, followed by SDK spoofing, the click injection cases have increased up to 27% worldwide in 2018. And with the increasing cases, fraudsters are making money while the advertisers are losing their ad spending on ineffective campaigns. Apart from the revenue loss, the click injection fraud also leaves a big impact on the brand in terms of credibility. But before we move forward, the foremost thing is to understand the meaning of click injection. What is Click Injection? This is a sophisticated form of click-spamming that is majorly related to Android devices. According to Statista, in 2021 the install fraud rate was found up to 12% in Android devices whereas in Apple IOS it was 7%. Click injection is like a hidden spy camera installed by fraudsters. When a user downloads an app that is affected by the “install broadcasts”, fraudsters can detect when any other app is downloaded. Further, it triggers a click before the installation process completes. As a result, the fraudster receives the credit for the completed app installs. Along with this, the act also results in poaching of organic installs that were driven by genuine advertising. This fraud impacts both the revenue and efficiency of the campaign run by the advertiser. Here are a few instances of how click injection impacts a brand. Impact of Click Injection on Brands Draining Advertising Budget Though the ad engagement is fake, the advertiser remains under the impression that the received “ad click” is genuine and eventually leads to the payout at CPI to the affiliate network or the publisher. This leads to a loss in the advertising budget which can be instead used to reach genuine users. Stealing Real Conversions Beyond the loss of the advertising budget, the click injection also costs the advertiser the conversions expected from the campaign. When a user clicks on an injected ad, the fake action on the ad will be attributed. This further leads to poaching of organic conversion and unknowingly the advertisers continue to invest in an ineffective campaign. Manipulated Analytics If we look at the bigger picture, apart from the revenue loss, the brand has compromised data due to click injection fraud. For instance, when an advertiser sees that their paid campaign is attracting traffic, they will most likely spend more to optimize the ROI. However, due to the manipulated results, the damage becomes two-fold. First, the advertiser is investing more in ads, and secondly, they are ignoring the possible channels which will bring real traffic. How To Protect Your Brand from Click Injection Fraud Data Analysis The Average Click Install Time (CTIT) is an important factor to understand and detect click injection fraud in ad campaigns. If the installs are fraud-proof, then the data will be most likely be in the range of an average CTIT. On the other hand, if the installs are fraudulent then there will be a visible peak in the number of installations during the time range of CTIT. However, there is a loophole in this process. Some of the apps are also capable to manipulate the data pattern by setting a time range after which the app opens. Choose A Reliable Marketing Partner When choosing a marketing partner ensure to do a deep analysis of their previous work and expertise. If anyone claims to provide an ‘n’ number of app installs at a surprisingly low price, then it is highly likely to be fraudulent installs. Even though the rates may differ for different industries, the delivery of genuine installs by ethical methods comes at a high price. Fraud Detection Solution Instead of beating around the bush, it is better to focus and eliminate the bug first. In this case, despite taking all the precautions it is hard to say that your campaign will be protected from click injection ad fraud. Thus, it is better to switch to a holistic ad-fraud elimination solution like mFilterIt. Our ad-fraud elimination suite helps advertisers run digital campaigns and avoid becoming a victim of app fraud. With the advanced solutions provided throughout the customer journey, the advertisers can rest be assured to get engagement from real humans and eliminate bots from their ad campaigns. With the help of high-tech and future-driven AI and ML techniques, we ensure to provide the best solutions for the fraud-free growth of your business. Conclusion Even though the click injection fraud generates manipulated install numbers, the CPI and other associated events are real. This makes it very hard for the advertiser to differentiate between a real and fraudulent lead. The earlier the advertiser decides to take the right action to prevent and eliminate ad fraud from their campaigns, the sooner they will be able to divert their revenue spend on effective campaigns. And to take quick action, the mFilterIt ad traffic validation solution will be your helping hand to eliminate click injection fraud from your mobile advertising campaigns.

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Click-Injection-Fraud

Click Injection Fraud Costs More Than Just Money for A Brand

With the growing trends of mobile advertising, fraudsters are finding new ways to sneak into the digital ad ecosystem and loot the advertiser’s money. One of the known frauds in the mobile advertising segment is Click Injection. According to Statista, followed by SDK spoofing, the click injection cases have increased up to 27% worldwide in 2018. And with the increasing cases, fraudsters are making money while the advertisers are losing their ad spending on ineffective campaigns. Apart from the revenue loss, the click injection fraud also leaves a big impact on the brand in terms of credibility. But before we move forward, the foremost thing is to understand the meaning of click injection. What is Click Injection? This is a sophisticated form of click-spamming that is majorly related to Android devices. According to Statista, in 2021 the install fraud rate was found up to 12% in Android devices whereas in Apple IOS it was 7%. Click injection is like a hidden spy camera installed by fraudsters. When a user downloads an app that is affected by the “install broadcasts”, fraudsters can detect when any other app is downloaded. Further, it triggers a click before the installation process completes. As a result, the fraudster receives the credit for the completed app installs. Along with this, the act also results in poaching of organic installs that were driven by genuine advertising. This fraud impacts both the revenue and efficiency of the campaign run by the advertiser. Here are a few instances of how click injection impacts a brand. Impact of Click Injection on Brands Draining Advertising Budget Though the ad engagement is fake, the advertiser remains under the impression that the received “ad click” is genuine and eventually leads to the payout at CPI to the affiliate network or the publisher. This leads to a loss in the advertising budget which can be instead used to reach genuine users. Stealing Real Conversions Beyond the loss of the advertising budget, the click injection also costs the advertiser the conversions expected from the campaign. When a user clicks on an injected ad, the fake action on the ad will be attributed. This further leads to poaching of organic conversion and unknowingly the advertisers continue to invest in an ineffective campaign. Manipulated Analytics If we look at the bigger picture, apart from the revenue loss, the brand has compromised data due to click-injection fraud. For instance, when an advertiser sees that their paid campaign is attracting traffic, they will most likely spend more to optimize the ROI. However, due to the manipulated results, the damage becomes two-fold. First, the advertiser is investing more in ads, and secondly, they are ignoring the possible channels which will bring real traffic. How To Protect Your Brand from Click Injection Fraud Data Analysis The Average Click Install Time (CTIT) is an important factor to understand and detect click injection fraud in ad campaigns. If the installs are fraud-proof, then the data will be most likely be in the range of an average CTIT. On the other hand, if the installs are fraudulent then there will be a visible peak in the number of installations during the time range of CTIT. However, there is a loophole in this process. Some of the apps are also capable to manipulate the data pattern by setting a time range after which the app opens. Choose A Reliable Marketing Partner When choosing a marketing partner ensure to do a deep analysis of their previous work and expertise. If anyone claims to provide an ‘n’ number of app installs at a surprisingly low price, then it is highly likely to be fraudulent installs. Even though the rates may differ for different industries, the delivery of genuine installs by ethical methods comes at a high price. Fraud Detection Solution Instead of beating around the bush, it is better to focus and eliminate the bug first. In this case, despite taking all the precautions it is hard to say that your campaign will be protected from click injection ad fraud. Thus, it is better to switch to a holistic ad-fraud solution like mFilterIt. Our ad-fraud elimination suite helps advertisers run digital campaigns and avoid becoming a victim of app fraud. With the advanced solutions provided throughout the customer journey, the advertisers can rest be assured to get engagement from real humans and eliminate bots from their ad campaigns. With the help of high-tech and future-driven AI and ML techniques, we ensure to provide the best solutions for the fraud-free growth of your business. Conclusion Even though the click injection fraud generates manipulated install numbers, the CPI and other associated events are real. This makes it very hard for the advertiser to differentiate between a real and fraudulent lead. The earlier the advertiser decides to take the right action to prevent and eliminate ad fraud from their campaigns, the sooner they will be able to divert their revenue spend on effective campaigns. And to take quick action, the mFilterIt ad traffic validation solution will be your helping hand to eliminate click injection fraud from your mobile advertising campaigns.

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Brands-Analyze

Why Do Brands Analyze Reviews and Ratings?

Nearly everything is available for buying online through eCom platforms like Amazon, Big Basket, Flipkart, etc. However, reviews and ratings highly influence consumers’ buying decisions or even add-to-cart actions. Our research states that eCom buying heavily relied on R&Rs in 2021. A positive R&R score can become a factor that drives impulse buying decisions most of the time and offers scope for increasing the product price. Many consumers don’t mind paying more for a good product. Meanwhile, a negative score leads to a diminished customer base, switching to competitive sellers/eCom platforms, and finding alternative solutions. Therefore, R&R can help a brand build a vast consumer base and enhance targeting/reach. The impact of R&Rs is not limited to consumers’ buying or a brand’s pricing decisions. It extends implications in SEO rankings, product return forecasts, detecting underperforming products, and more. For example, reviews often include brand names and product-related keywords, affecting search engine rankings and easing product discoverability. On the other hand, ratings have also become a part of a digital advertisement to showcase consumer trustworthiness in a brand. Therefore, R&Rs are a big part of user-generated content. Analyzing R&Rs can prove helpful in identifying the bestsellers, most favored brands, the average rating of the brand across platforms, etc. Brands also analyze ratings to understand the likelihood of consumer repurchases. Monitoring the R&R score can greatly influence the marketing and advertising decisions. For example, if you check that Biscuits’ is receiving negative reviews such as broken, crushed, etc., it should go back to the packaging team. 3 Reasons Brands Monitor Reviews and Ratings Understand the Consumer Needs Reviews and ratings give a first-hand impression of a brand’s product listings on eCom stores. The positive, negative, and neutral reviews often specify the best and worst features, besides competitor advantages. Moreover, reviews on eCom stores often consist of supported pictures and videos, which helps brands to understand the problem stated by the consumer even more. Understanding the consumer’s needs helps make product improvements, launch new listings, and enhance the user experience across eCom stores. Simultaneously, reviews give brands a chance to build strong long-term relationships with customers and uplift the brand’s market reputation. Simultaneously, reviews help find warning signs on eCom platforms such as fake/duplicate products, bad quality, products not matching the description, etc. The personal experience shared by people through reviews cultivates trust among other buyers and in the brand. Find the Buying Decision-Making Factors User-generated content, including reviews, influences the buying decision of 25% of online shoppers. Therefore, monitoring online reviews and ratings on eCom platforms helps brands find the key factors influencing buyers’ decisions. According to a source, online reviews uplift sales by 18%. For example, if most people state that the “quality of the speaker is awesome, but the price is slightly high,” eCom buyers that value quality over price would not mind paying a bit extra. Simultaneously, the brand received a pricing intelligence that the product has a higher cost than similar listings. As such, reviews are the online form of open-line communication between brands and consumers. So, brands can find their areas of improvement and enhance the products’ most likable features/qualities. Measure Trustworthiness on the Product Listings Given that most online shoppers go through at least three reviews before making the final purchasing decision, it is inevitable to state that trust in a product or brand is built through R&Rs. Moreover, consumers share the best qualities or worst experiences through ratings and reviews, which offer a clear picture of the product that a potential consumer would bring home. As a result, ratings and reviews give a true picture of the brand and its products, even with influencers continuously trying to alter the scores. According to a source, consumers are less likely to buy products without ratings and reviews, as they would most likely become the first to share the experience. Also, many consumers try to avoid the risk of buying from a new seller with no R&Rs, as it does not establish trust. Lastly, too many positive reviews tend to make the consumers suspicious of the product. As per a source, 55% of consumers often become skeptical that reviews of a product are fake if they encompass similar wording. Therefore, brands need to continuously take measures to grab verified user-generated reviews and ratings to acquire the trust of potential new buyers. Analyzing reviews and ratings help brands to measure the consumer trustworthiness of different product listings versus the competition. Takeaway Monitoring reviews and ratings give insight into the favored platform and product performance and suggest growth opportunities. Moreover, brands constantly analyze the reviews for deciphering the hero product under different categories and allocate marketing budgets. Additionally, checking review and rating scores helps a brand decide on product inclusions in ads, PR, and influencer campaigns. Therefore, R&R has become a crucial part of mFilterIt’s eCommerce Intelligence Tool.  The solution offers deep insights based on many filters such as product, platform, sub-category, etc., and enables brands to make sound decisions. Using the dashboard, brands can also review competitors’ product performance based on reviews and ratings.

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eCom-Stores

3 Dreaded Reasons for Order Cancelation on eCom Stores

Canceled order means canceled conversion and loss of potential revenue post-transaction. Brands dread canceled orders because, unlike exchanges, it means that the customer no longer wants the product. So, even though brands increase their likely customer base, they lose out on building an authentic connection by offering a product-based experience. Also, customers that cancel orders might share their remorse of delayed delivery or delight in finding a similar item at lower costs with faster delivery in alternative stores as feedback on eCom platforms. As a result, brands lose their grip on scalability while losing money on acquiring customers through marketing and advertising channels. Also, if the customer buys a similar product on an alternate eCom platform, a competitive brand has managed to boost its customer base, get a higher market stake, and generate more significant revenue. According to a Statista, 17% of online shoppers cancel orders frequently, whereas 24% have done the same “at least once.” Customers commonly terminate their ongoing shipping due to long delivery durations, reviews & ratings, promotions/discounts/offers, etc. In many cases, the remorse of order cancelation is not limited to brands but also to customers, as they incur shipping charges if the order has been shipped/dispatched. Moreover, if the customer shares a bad review, it would contribute to the negative sentiment intensity of the listing and tarnish the brand/product reputation. 3 Common Reasons for Order Cancelation on eCom Stores Late/Delayed Delivery Late or delayed shipments build a bad reputation for the brand and seller in the consumer’s mind. The most common reasons for late deliveries can include delayed shipment by the retailer, location search problems by the courier, incorrect delivery address, etc. According to a source, 34% of deliveries get delayed due to the retailer. While the cause is an issue for the brand, the frustration is felt by the customer, who is facing the consequences of ordering online. Another report states that 35% of consumers cancel orders due to delayed deliveries. One of the most common reasons for the delay in delivery from the retailer is “out-of-stock,” which means the unavailability of the product in the store. During the peak COVID-19 outbreak in the US, 40% of the consumers faced a delay in grocery items. So, the state of delayed delivery has not significantly diminished even after the pandemic (as it is still at 35%). Revisit to Reviews and Ratings Besides price after coupons, offers, promotions, or discounts, and free delivery, reviews play a vital role in product purchases. 35% of online shoppers make the final buying decisions after reading product reviews. The share of online shoppers that read between 1 and 3 reviews before buying a product is 36.4%, whereas consumers that read more than 10 reviews for the same is 14.6%. So, reviews play a vital role in product buying. Imagine if these customers read the online reviews after placing the order. 45% of consumers often cancel orders if they change their minds, and reviews have that capacity. Better Promotions, Discounts, and Offers Online shoppers often search for promotions, discounts, rewards, cashbacks, and offers, even after placing an order. 92% of eCom product buyers ‘always, sometimes, and usually look for offers or deals before making the final purchasing decision. Another report states that 52% of consumers research percentage off, whereas 22% get convinced with flat discounts as the best options while shopping online. Such a scenario could even happen after placing the order. Consumers don’t want to pay for too high shipping or service charges and would likely change their minds if a similar product comes with better options. According to a source, 40% and 22% of customers cancel orders due to these two reasons. For example, if a brand is offering a washing machine without additional cost for setting up, e.g., Rs 1,000 and Rs 200 for service cancelation. On the other hand, if another eCom store has the same washing machine with free service and setting up cost, whom do you think consumers would prefer if the price is nearly the same? Reducing Order Cancelation with eCom Competitive Analytics Brands dread the three common reasons for order cancelation; however, they can take action based on real-time insights and alerts. eCom Competitive Analytics tracks stock availability, reviews & ratings, sentiment analysis, pricing, discounts, etc. By checking their SKUs across eCom stores, brands get to learn consumer behavior and demystify the commonly faced problems. The positive and negative word cloud of the sentiment analysis highlights keywords recurring in reviews. So, brands can deal with listing issues upfront and provide a better user experience. Similarly, the availability section displays the percentage-wise segregation of stocks, which means stock availability versus stockouts. Upon deep diving and reviewing insights, brands can check reasons and actionable measures for decreasing ‘out-of-stock’ problems. Takeaway Order cancelation is frustrating, painful, and saddening for brands and sellers as it comes with multiple disadvantages. However, brands can decrease or resolve cancelations by figuring out common issues causing them through eCom Competitive Analytics, a.k.a., mScanIt. mScanIt offers a chance to brand for tracking sentiment intensity as KPI or threshold and gives a chance of receiving real-time alerts with actionable insights. Using eCom Competitive Analytics, brands get a fighting chance of potentially increasing their revenue, building a bigger pool of customer base, and delivering a better customer experience/shoppers user journey. Connect with us to learn more about the advantages of insights and real-time alerts offered by mScanIt for your brand.

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Cart-Abandonment

4 Common Reasons for Cart Abandonment on eCom Stores

Cart abandonment means a customer added your product to their cart but never completed the transaction. It is frustrating for brands because they are so close to a sale, yet all efforts fall flat when the carts are deserted. Brands calculate cart abandon rate by dividing overall transactions by total initiated conversions. The global cart abandonment rate has fluctuated between 68.07% and 69.8% between 2014-and 2020. So, nearly 70 out of 100 customers leave the eCom store without conversion. Regionally, the online cart abandonment rate is the highest in Middle East & Asia at 90.88%. Brands work relentlessly to figure out the reasons for cart abandonment and have discovered that high shipping costs, price comparison, out-of-stock, etc., are some of them. But, the severity of cart abandonment is more significant for businesses, as they spend tremendous hours and money on optimizing marketing and advertising efforts. A high abandoned cart rate makes all these efforts wasteful. Why Consumers Abandon Carts on eCom Stores? Unexpected Shipping Costs Online shopping is a matter of convenience. One can shop at their time in the comfort of their own space. The catalyst that makes it an even more enticing option is the brand’s pricing and discounts online to lure its customer base. However, while this leads to impulsive add-to-cart actions, it doesn’t assure a guaranteed sell. It has been observed across ecommerce platforms that many listings do not display shipping charges upfront, which is instrumental in making or breaking a sale. This happens to be the last leg of completing a transaction. According to sources, most consumers that don’t make bulk purchases often face heavy shipping charges if they don’t meet the minimum basket cost. So, while the consumer is delighted with the product price, the shipping cost becomes a deciding factor for looking at other sources, even nearby brick & motor retail stores. On the other hand, some consumers might not worry about the shipping cost until it is a substantial percentage of the order value. A survey reveals that 41% of customers abandoned their carts for this very reason. Imagine paying nearly half the price of the book as delivery charges. Would you pay? Many customers would look away. Nowadays, shipping costs are mentioned on the product pages; however, even stores like Amazon India do not display them in their product listing. Low Price on Alternate Stores Digital shoppers have the flexibility of reviewing multiple seller prices on different eCom platforms. Low price on the alternate store has also become a reason for cart abandonment before checkout. According to a survey, 18% of consumers don’t make a transaction because of price comparison. eCom store app notifications and emails to consumers might not prove effective once the consumer has abandoned the cart after finding a lower price on alternative eCom stores. This scenario is more likely to happen for quick commerce. Simultaneously, loyal customers might try to find the same quantity of their lovable brand at alternate stores while abandoning the cart. Therefore, the silver lining here is that the brand doesn’t lose its customer base and gets a deeper understanding of pricing, one of the essential pillars of digital commerce. Out-of-Stock During Checkout “Lightning deals” or “only two more available” indeed sound enticing, especially while shopping online, as they display hefty discounts or products at unbelievable prices. However, many consumers, including me, have faced another message, “this product is no longer available,” during checkout. According to a 2019 report, 28% of consumers have reported “out-of-stock” as the reason for abandoning their cart. Unavailability due to mismanagement of stock-keeping units (SKUs), tracking systems, seller issues, etc., are no longer news to brands. Besides this, out-of-stock during checkout often highlights the seller and makes both brand & seller unfavorable in the eyes of potential consumers. As a result, OOS during checkouts doesn’t only lead to drawbacks associated with it but also creates long-term disadvantages associated with cart abandonment. Better Discounts on Alternate Stores While low price is an incentive for online shoppers, promotions and discounts play vital roles. Consumers often use multiple resources to find additional discounts, offers, or promotions on products already available at a low price. In 2018, one of the common reasons for 46% of U.S. consumers abandoning carts was a “non-working discount code.” However, even if the discount code works, the consumers are likely to compare prices on alternate eCom stores and include pricing intelligence in the buying decision. Therefore, tracking competitor prices, discounts, promotions, and offers becomes vital for brands that want to reduce their cart abandonment rate and increase revenue. Other reasons for knowing all four factors are understanding your brand’s competitive edge in the market, consumer behavior, and highest/lowest values. Diminishing Cart Abandonment with eCom Competitive Analytics Cart abandonment has been a significant reason for losing eCom revenue or building a smooth consumer journey. Shopify states that eCom stores face a potential loss of $18 billion in annual revenue to cart abandonment, which states that brands often fail to build actionable marketing strategies. eCom Competitive Analytics, a.k.a., mScanIt, enables businesses to navigate this dynamic space with detailed insights and actionable items. Simultaneously, brands can track competitor performance across eCom stores and build strategies around real-time inputs. Takeaway Cart abandonment would never decrease on eCom platforms. However, businesses can certainly diminish the cart abandonment rate with valuable insights and simultaneously increase the online conversion rate using mScanIt insights. While insights offer multifold advantages, knowing the competitor’s intelligence in the market also provides many advantages. These include understanding consumer behavior, finding scalability alternatives, comparing analytics with company sales to know marketing conversions, etc. Leave us a comment, or connect with us to learn more about the benefits of eCom Competitive Analytics for your brand.

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