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    December 18

    哈哈,我恢复更新啦!!

    前段时间由于我们的铁通太垃圾了,msn根本没法上,所以停止更新很久了,今天开始转载英国著名杂志《经济学家》,传说每年的六级和研究生英语考试都有那么一两篇出自这里!喜欢英语的朋友多多关注哈~先发全英文版的,需要翻译版的和我说哈!

    经济学家》读译参考(78):

    都是点击惹的祸-网络广告“点击欺诈”Trouble clicks

    Nov 23rd 2006
    From The Economist print edition

    INTERNET advertising is booming. The industry has gone from $9.6 billion in revenue in 2001 to $27 billion this year, according to Piper Jaffray, an investment bank. And it is still early days. The internet accounts for only 5% of total spending on advertising, but that figure is expected to reach at least 20% in the next few years. 1The single largest category within this flourishing industry, accounting for nearly half of all spending, is pay-per-click advertising, which is used by firms both large and small to promote their wares.

     

    It works like this. Advertisers bid on keywords that they believe potential customers will be interested in. This enables internet firms such as Google, the market leader, and Yahoo!, its smaller rival, to display advertisements alongside the results of internet searches. Somebody searching for a particular type of wine, for example, might see advertisements from wine merchants. Google, Yahoo! and other firms also place ads on affiliates' websitesso wine merchants' advertisements might also appear on a wine-appreciation site. The advertiser pays only when a consumer clicks on an ad; the owner of the website where the ad was displayed then receives a small commission[1].

    The benefits of the pay-per-click approach over traditional advertising (television, radio, print and billboards) are obvious. 2Since advertisers pay only to reach the small subset who actually respond to an advertisement, the quality of the leads generated is very high, and advertisers are prepared to pay accordingly. The price per click varies from $0.10 to as much as $30, depending on the keyword, though the average is around $0.50. Mesothelioma[2], for instance, the name of an asbestos-related illness, is an especially valuable keyword, because lawyers are prepared to pay a lot to make contact with sufferers in the hope of representing them in a lucrative compensation lawsuit. Google made most of its $6.1 billion in revenue last year from pay-per-click advertising.

    3But as pay-per-click advertising has grown into a huge industry, concern has mounted over so-called click fraud”—bogus[3] clicks that do not come from genuinely interested customers. It takes two main forms. If you click repeatedly on the advertisements on your own website, or get other people or machines to do so on your behalf, you can generate a stream of bogus commissions. Click fraud can also be used by one company against another: clicking on a rival firm's advertisements can saddle it with a huge bill. Bogus clicks are thought to account for around 10% of all click traffic, though nobody knows for sure.

    Bill Gross, the entrepreneur who pioneered the pay-per-click model back in 1998, was aware of the problem even then. (Yahoo! subsequently acquired his firm, known at the time as Overture.) He installed a three-layered defence system: a filter to weed out clicks from known fraudsters at the outset, statisticians and software to spot suspicious click patterns, and co-operation with advertisers to enable them to analyse the leads generated and sound the alarm if necessary.

    But generally the industry adopted a rather cavalier[4] attitude to click fraud.4Eric Schmidt, the boss of Google, caused uproar a few months ago when he seemed to suggest that the perfect economic solution to click fraud was to let it happen. He was responding to a theoretical question during a debate at Stanford University, but his response reinforced the perception that Google had higher priorities than addressing the problem.

    Such a flippant[5] attitude has not gone down well with advertisers, who are up in arms about the problem. Some have even resorted to legal action. Google reached a settlement in March with Lane's Gifts and Collectibles, a gift shop based in Arkansas, and agreed to offer refunds to advertisers who claim they have been charged for bogus clicks. Such refunds are capped at $90m, however, so many observers think Google got off lightly[6]. And in June Yahoo! promised to intensify its efforts to fight click fraud as part of a settlement with CheckMate, a fraud-detection firm. As well as offering refunds for clicks determined to be fraudulent, Yahoo! agreed to appoint a traffic-quality advocate to voice advertisers' concerns within the company.

    In the wake of these legal challenges, Google and Yahoo! recently joined a working group at the Interactive Advertising Bureau (IAB), a trade association, which will establish standards for pay-per-click advertising, including the introduction of industry-funded auditing and certification, by the middle of 2007. I believe Google and Yahoo! are now taking the issue very seriously, says David Jones, chief executive of Euro RSCG, an advertising company. But Rishad Tobaccowala, head of innovation at Publicis, one of the world's biggest advertising groups, says it is too early to say whether the measures being taken against click fraud will be enough to satisfy advertisers.

    A few months ago Mr Gross pioneered an alternative to the pay-per-click model. 6In February Snap, a search engine backed by Mr Gross, launched pay-per-action, a new model in which advertisers pay only if a click on an ad is followed by an action such as a purchase or a download. Google is testing a similar model and Turn.com, another ad network, adopted the pay-per-action model a few weeks ago.

    Might this put an end to click fraud? Don't bet on it, says Mike Zeman at Starcom, an advertising agency. Pay-per-action will be a niche, he predicts, since converting a click into an action depends on a variety of factors such as the ease of use of the advertiser's website. Google and its peers will be reluctant to be so dependent on factors outside their control. But Mr Tobaccowala thinks pay-per-action could become a real alternative to pay-per-click. As bigger companies spend more on internet advertising, they will demand more accountability and a wider range of options, he says. 7At the very least, that means clamping down on click fraud; but it also presents an opportunity for entrepreneurs to invent new models that are less vulnerable to abuse.

    (Leads:是指通过交流,得到的关于某人购买某种产品或服务的可能性的数据)。有了一条一条的Leads,开展行销就有了量化的依据。比如,王先生听过对儿童保险的电话介绍后,表达出对这种保险的购买可能性,可能性的大小为80% ,就是一条对保险商有用的Leads。)

    [QUIZ]
    英译汉(将划线部分英文翻译成中文),任选2句翻译。

    [NOTES](LONGMAN)

    1. commission n.
    佣金
    2. mesothelioma n.
    间皮瘤
    3. bogus adj.
    假造的,赝造的
    4. cavalier adj.
    漫不经心的,无忧无虑的;傲慢的,目空一切的
    5. flippant adj.
    轻率的,不认真的
    6. get off 免于受罚 get off lightly 被从轻发落

     

     

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