Or you can do the equivalent of an excess mortality study but for client acquisition or product sales. You take something like the month of January and you say "this is what we expect for web traffic given our standard traffic for that month, and extrapolate it with your average web activity growth". And so long as you have "clean" months to compare it to (with no ads running), you can get a pretty decent back of envelope about what your ad campaign did.
Like, there's so many different ways you can cut the apple, it's patently ridiculous they made those claims.
To give them a bit of credit, there's something to be said for there being a lot of bad ad spending out there. But like the stock market, there's a tacit understanding that it's more or less efficient.
PPC you only pay if the user actually engaged with the ad
Who defines that "engagement" legitimately occurred? The ad network.Example: TVguide.com/listings. On most devices, I get a nondismissable audio ad when I'm looking at telecast schedules. I kill the audio immediately.
I never experience the bulk of the ad, and even if I can identify the product being advertised, I'll form a strongly negative impression of them.
I don't count this as "engagement", but it's charged as that.
One thing we learned a long time ago is never to trust "engagement" data from platforms (be it Google, Facebook, LinkedIn, whatever). There are enough random user behaviors that you generate a ton of noise. You need to build larger, more robust attribution models that tie ad spending directly to revenue sources - new leads, new accounts, purchases, etc. Patting yourself on the back for how many shares or clicks you get is not great.
and of course for more detail the full text of the fraud suit is public https://www.adexchanger.com/wp-content/uploads/2019/06/Uberf...
First of all, they didn't differentiate between display or PPC advertising. PPC you only pay if the user actually engaged with the ad. Nearly all of the anecdotes they used where about online display advertising - a known crock.
And we absolutely run experiments all the time! In fact, we tie our ad spend directly to conversions. If anything, the market is too efficient - it's really hard to get more than what you are paying for.