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Re:Only 17% of consumers believe personalized ads are ethica... by m463 on Monday November 16, 2020 @08:42AM (#25111481)
You are not the customer of these ads. The customer is the company selling vacuums.

Your profile has "interested in vacuum cleaners" and then the ad system monetizes this fact by selling ads to vacuum cleaner companies. The ad system makes money every time you see one.

Re:Only 17% of consumers believe personalized ads are ethica... by pavel_lishin on Monday November 16, 2020 @10:14AM (#25112641)
Then the vacuum sellers are getting ripped off just as much as I am.
Re:Only 17% of consumers believe personalized ads are ethica... by KineticLensman on Monday November 16, 2020 @11:15AM (#25113397)
More so, since they are paying their ad dollars- bidding in a real-time auction for the privilege of filling the ad slot on the website you are looking at.
Re:Only 17% of consumers believe personalized ads are ethica... by criddell on Monday November 16, 2020 @10:31AM (#25112887)
Someone who has just bought a vacuum cleaner is probably one of the people least interested in vacuum cleaners.
Re:Only 17% of consumers believe personalized ads are ethica... by otabdeveloper4 on Monday November 16, 2020 @12:37PM (#25114525)
That's the prevailing common-sense wisdom, but it's completely wrong.

These algorithms work on statistical foundations, and the probability of you buying a vacuum cleaner if you already bought one is always higher than the probability for a randomly sampled person from the general population.

Re:Only 17% of consumers believe personalized ads are ethica... by waterhouse on Monday November 16, 2020 @11:38AM (#25113691)
Suppose you try it out, find you don't like it, and decide to return it within a week, after which you want to buy another one. How often does that happen? 5%? That might still make you significantly more likely to buy the next vacuum than a random member of the population.

Of course, if you bought a vacuum and returned one, that would be the ultimate targeting point. I don't know if "they just returned a vacuum cleaner" is a datum provided to advertisers.

It also might be that people usually don't return it until they've chosen one that they think would be better (possibly ordering the new one, even waiting until they receive it and trying it out before starting the return process).

Re:Only 17% of consumers believe personalized ads are ethica... by m463 on Monday November 16, 2020 @11:08PM (#25120176)
Not all ad / search systems know you've made a purchase. Google probably does though. Of course they should probably shut up about it.