Understanding the Growing Risks in Digital Advertising
In the rapidly evolving realm of digital advertising, ensuring safety and transparency is of utmost importance. As highlighted by Japan's Ministry of Internal Affairs and Communications in its recently published guidance for advertisers, there are three crucial risks that must be managed: brand safety, monetary loss due to ad fraud, and contributing to an unhealthy ecosystem. In this context, tools like Spider AF from Spider Labs play a pivotal role in helping advertisers navigate these challenges.
The Identified Risks Advertisers Face
The ministry's guidance emphasizes the importance of risk management by pointing out the following:
1.
Brand Safety Risks: There is a significant risk of advertisers inadvertently linking their brands to misinformation or illegal content, which can damage corporate reputation and brand image.
2.
Financial Losses from Ad Fraud: The risk of economic losses due to fraudulent clicks or impressions caused by bots necessitates that advertisers take preventive measures to secure their investments.
3.
Complicity in an Unhealthy Ecosystem: Funding misinformation and illicit content risks perpetuating harmful narratives and behaviors, which can bring about serious corporate social responsibility (CSR) concerns.
The Need for Executive Involvement
To adequately address these identified risks, the guidance suggests that advertisers must build internal frameworks that promote company-wide awareness and management. It is crucial that executives actively participate and align with marketing teams to ensure comprehensive risk management strategies.
Recommended actions for advertisers include:
- - Specifying risks clearly at the contracting stage
- - Collaborating with certified quality assurance providers like JICDAQ
- - Using technological measures such as platform features to control ad placements
- - Vetting publishers and implementing verification tools for ad placements
How Spider AF Can Help
Spider AF is equipped with a multifaceted support system that helps advertisers mitigate these risks. Spider Labs has earned JICDAQ certifications in both