The Growing Threat of Fraud in Promotional Marketing: Today’s Challenges and What Brands Must Do
Promotional marketing has long been a powerful tool for brands to engage consumers, drive sales, and build loyalty. From cashback offers and online giveaways to influencer campaigns and coupon codes, promotions have evolved with technology—bringing with them new opportunities and unfortunately, new vulnerabilities. Today, fraud in promotional marketing is a rising concern that not only costs businesses millions, but also erodes consumer trust.
The Changing Landscape of Promo Fraud
In the past, promotional fraud was relatively limited—think of people photocopying coupons or redeeming rebates multiple times. But in the digital age, fraud has scaled dramatically. Tech-savvy fraudsters exploit automation, anonymity, and loopholes in online systems to commit promo fraud on a much larger scale.