Correlation
Correlation
Posted Jan 27, 2022 18:37 UTC (Thu) by tialaramex (subscriber, #21167)In reply to: Goodbye FLoC, hello Topics by kleptog
Parent article: Goodbye FLoC, hello Topics
Right now though my Facebook adverts are 100% wall-to-wall adverts for an "innovation centre" which I think was built in my city in late 2019 and presumably is now realising that nobody wants to rent their office space and they never will again, oops. Facebook doesn't necessarily know I live here, but it does know I studied here, since that's why I have a Facebook account.
I didn't explicitly tell Facebook my gender, but interestingly Google correctly guessed my gender and *despite that* it spent months advertising women's shoes to me after I bought one pair because they are pretty (they're seriously very pretty, they're on a shelf in my living room). Not just women's shoes, but specifically exactly that same pair of shoes. Again, they're very pretty but nobody is going to buy two pairs. Advertising is algorithm driven and algorithms are dumb.
I think the evidence suggests that actually all the fuss over tracking based Internet advertising was a waste of time and money. $1000 spent on tracked Internet advertising won't actually be more effective than $1000 spent on, say, a billboard or a magazine advert, but tracking means you will get more advertising executives trying to *persuade* you that it worked because they have more tools to lie with. In particular, while the sales guy telling you that definitely somebody saw the billboard and then bought a brand new car is easy to dismiss, the guy saying the same thing about your Facebook advert has a chart that says so, how can it be wrong? Well, the same as the first guy, it's lying. That guy was on his way to buy the car when he passed the billboard, and he was reading Facebook right before buying a car too, it's not causality it's coincidence, and they've got more powerful tools to harvest coincidence online.
Why did I see all those shoe adverts? Because it's correlated. This guy saw your shoe advert AND he bought shoes. What do you mean which happened first?
