News

A better future for selective advertising, without harsh discrimination

Adding to Facebook’s catastrophic list of PR nightmares, Facebook has recently been accused of racial discrimination, among other forms of discrimination within its ads, and US regulators have targetted Facebook for this mistake.

The U.S. Department of Housing and Urban Development recently announced in an administrative complaint that Facebook violated the Fair Housing Act because its targeting systems allow advertisers to rule out certain audiences, such as families with young children or disabled people, from seeing housing ads.

Facebook has attempted to atone for this by eliminating over 5,000 ad targeting options in another bid to prevent discriminatory advertisements from appearing on its service. However, there is still larger problem at play here. This active discrimination is still prevalent in advertising, as this recent Forbes article titled “How To Target Wealthy Consumers With Facebook’s New Stripped Down Demographic Options” demonstrates.

Understandably marketers want to sell to the right audience, which will naturally result in selective advertising. But how can this be achieved without unfair discrimination? Kazu Takiguchi, the CEO and founder of the world’s leading marketplace for advertising talent Creadits, believes the answer lies with the right technology. In recent article authored by Takiguchi, he states “There are many ways that brands can harness targeting tools without stopping to focusing on unethical factors which reinforce stereotypes. Rather than basing social campaigns on preconceptions, brands should instead lean on hard data after extensive experimentation.”

He also adds “Instead of focusing on factors such as race, age or socio-economic status, there is an extensive list of behaviors and interests brands could target which offer a much more accurate indicator of a potential consumer’s fit with a product or brand, and in turn offer a higher chance of success.”

To highlight his point he uses the example of an online flower store can target “users who have clicked like on garden stores, publications and websites frequented by green fingers, or celebrity gardeners, rather than simply targeting ‘gardening’ or ‘home deco’ as an interest.”

Using this method it is possible for a business to advertise in both an effective and fair manner. As advertising progresses through the advancements of technology, it is important that our moral attitude towards its use progresses at the same rate, bringing the world of advertising into a fairer and juster future for everyone.

Disclosure: This article includes a client of an Espacio portfolio company

Sam Brake Guia

Sam is an energetic and passionate writer/blogger, always looking for the next adventure. In August 2016 he donated all of his possessions to charity, quit his job, and left the UK. Since then he has been on the road travelling through North, Central and South America searching for new adventures and amazing stories.

Recent Posts

Crafting Your Startup MVP: A Comprehensive Roadmap for Efficiency and Cost Savings

Many of you probably know that one of the most crucial steps in running a…

1 week ago

EV fleet management startup Synop launches mobile app

New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…

1 week ago

Blockchain industry set to benefit from new collaboration between University of Notre Dame and startup Crescite

The blockchain industry is set to benefit from a new collaboration between the University of…

2 weeks ago

NTT Research Foundation announces gift to establish Harvard University Center for Brain Science Fellowship Program

The NTT Research Foundation announced this month a gift to establish the Harvard University Center…

2 weeks ago

Unveiling GA4 Reports & Interface: A Beginner’s Guide (Part 2)

Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…

2 weeks ago

Pitbull Ventures Closes $5M Fund To Help The Next Generation of Vertical SAAS Companies

Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…

2 weeks ago