When bots interact with your brand online, they inflate engagement metrics. Business leaders might erroneously conclude that certain site experiences and marketing campaigns are more effective than is really true. This could result in bad business decisions and wasted marketing spend.
Bots skew many KPIs and metrics, including user tracking and engagement, session duration, bounce rates, ad clicks, look-to-book ratios, campaign data and conversion funnel. For e-commerce, travel and media sites, unauthorized scraping bots mimic humans by dynamically checking listings, pricing and content resulting in skewed data.
As businesses continue to ramp up their online operations, digital marketing spend is also following suit. With bots often accounting for up to half of web traffic, losses from bad business decisions made due to skewed analytics can be significant, ranging from millions to a few billion dollars.