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by masswerk
1803 days ago
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On the other hand, if I'm not on FB, I probably miss those vendors of suspension components all together. Advertising "in the bubble", as opposed to "in the world", comes with its disadvantages. With content based advertising (media analysis), you'll probably catch me at the related watering holes and communities. Also, excluding non-targeted audiences doesn't exactly benefit a shared world view. P.S.: The general idea of targeted advertising misses the concepts of state of mind and focus of interest entirely. There's a (significant) difference in delivering a message in context and out of context. (The latter may have even adversarial effects.) |
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Is this an argument for the open web, or is this an argument for Google being more popular than Facebook? If the former, I am with you. If the latter, the gap is not as big as you might think - 4 billion worldwide users of Google Search vs 2.85 for Facebook [1]. Slight advantage to Google, but how many US advertisers really care about international buyers? When it comes to advertising, you want people with money burning holes in their pockets. Facebook's financial results show that they plenty of access to this demographic.
> The general idea of targeted advertising misses the concepts of state of mind and focus of interest entirely. There's a (significant) difference in delivering a message in context and out of context.
You're slightly lagging with this argument. This exact reason was why Google was so dismissive of paid social back in the formative years of Facebook ("who gives a shit about what college students talk about on social networks?"). And then the oh shit moment happened in 2011. Eric Schmidt had to step down and Larry Page tied bonus payouts to the success of Google Plus. You have to give Larry some credit here - while a bit slower than Zuck, he did see the writing on the wall before the rest of the world did. If you tried advertising on both platform in 2011, Google would just crush you with their results. By 2016, Facebook was already competitive with their interest and lookalike targeting for a large group of advertisers (and even enabled Trump to win the presidency), and by 2018 the game had advanced to the new concept of "creative targeting" which is basically entirely driven by the algorithm and takes minimal targeting input from advertisers. At that point, paid social became so good that it got creepy and turned the public sentiment to negative and incentivized Apple to jump on the band wagon with iOS 14.
So I wouldn't agree with your argument that Facebook has a fundamental problem with recognizing intent. If anything, they are too good at it for their own sake.
[1] https://review42.com/resources/google-statistics-and-facts/