Home Ad Exchange News Demystifying The Ad Tech Tax?; Advantage+ Won’t Woo Buyers Away From Meta’s Adversaries

Demystifying The Ad Tech Tax?; Advantage+ Won’t Woo Buyers Away From Meta’s Adversaries

Comic: The Fear Of Finding Out

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.

Detective Work

A pox on the ad tech tax.

Google is promoting a new tool in its tech suite to help publishers and buyers track the hidden fees getting sucked up by middlemen in the bid stream.

Google initially launched its tool, Confirming Gross Revenue, last summer before making it publicly available through Ad Manager and DV360 this week.

How well it’s working, however, is another story.

Mediavine tested the product on behalf of buyers and didn’t find any hidden fees. But publishers are less than impressed. Many are “doubtful this will do much to alleviate concerns” about fees, Jason Kint, CEO of publisher trade org Digital Content Next, tells Adweek.

So, is the ad tech tax problem overstated or is the tool insufficient?

Perhaps both. PwC research from earlier in the year suggests that unattributable programmatic ad spend declined from 15% to 3% in 2022. Yet early testers of Google’s new tool only got information related to endpoints, not the hops along the way, Kint says. 

Well, it’s not as if Google is well known for fairness in ad auctions.

Weighing The Advantages

Meta’s Advantage+ shopping campaigns are effective.

But signal loss dealt a serious blow to Meta, and it’s not clear whether Advantage+ is enough to help the company regain its crown as the king of paid media.

Advertisers may not move beyond the testing phase, Duane Brown, founder of marketing agency Take Some Risk, tells Digiday.

Although Meta can no longer use its pixel to tie impressions to conversions, advertisers can still pump in their first-party data. The catch is that Advantage+ doesn’t share detailed reporting, making it a black box

And so, despite getting good results with Advantage+, advertisers are starting to spend more on other social media platforms, especially TikTok and Pinterest.

But the reason advertisers are diversifying spend away from Meta isn’t out of defiance against black boxes.

Rather, Apple’s ATT has revealed the general risk of relying too heavily on any one advertising channel.

You can’t just put all your eggs in one basket.

Cajun Consent

Louisiana is the latest state to pass a bill aimed at protecting kids from social media’s harmful effects, The New York Times reports.

The bill would prohibit online services from allowing people under 18 to sign up for accounts without parental consent. It would also allow parents to cancel any terms of service agreements their under-18 children have made for existing accounts.

The bill extends Louisiana’s existing contract law to include online terms of service agreements because they are technically contracts, and people under 18 can’t legally sign a contract.

The proposed law would impact a wide range of online services, including social media, video-sharing apps and online games. TechNet, an industry group representing tech companies including Meta, Google, Amazon, Apple, Uber and Snap, opposes the bill, claiming its age-verification provisions would also impact adult users.

The bill was passed just weeks after US Surgeon General Vivek Murthy released an advisory warning that social media negatively impacts the mental health of kids.

The bill now awaits the signature of Louisiana Gov. John Bel Edwards. If he signs, the bill will go into effect on Aug. 1, 2024.

But Wait, There’s More!

Adobe will pay damages and offer legal help if clients face copyright infringement claims from using its generative AI subscription service. [Bloomberg]

After backlash from creators, Twitch announced that it’s retracting the new guidelines on branded content it rolled out earlier this week. [tweet]

IOS 17 will automatically remove link decoration added to URLs for tracking purposes. [9to5Mac]

Digital ad spend in Europe increased 9.8% to $93 billion in 2022. [IAB UK]

You’re Hired!

Inderbir Singh Pall was appointed as CTO of the InMobi Advertising Platform. [release]

Must Read

Mozilla acquires Anonym

Mozilla Acquires Anonym, A Privacy Tech Startup Founded By Two Top Former Meta Execs

Two years after leaving Meta to launch their own privacy-focused ad measurement startup in 2022, Graham Mudd and Brad Smallwood have sold their company to Mozilla.

Nope, We Haven’t Hit Peak Retail Media Yet

The move from in-store to digital shopper marketing continues, as United Airlines, Costco, PayPal, Chase and Expedia make new retail media plays. Plus: what the DSP Madhive saw in advertising sales software company Frequence.

Comic: Ad-ception

The New York Times And Instacart Integrate For Shoppable Recipes

The New York Times and Instacart are partnering for shoppable recipe videos.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Experian Enters The Third-Party Data Onboarding Business

Experian entered the third-party data onboarder market on Tuesday with a new product based on its Tapad acquisition.

Albertsons Takes Its First Steps Into Non-Endemic Advertising, Retail Media’s Next Frontier

Albertsons is taking that first step into non-endemic advertising next week via a partnership with Rokt to serve ads to people who have already purchased groceries.

Marketecture Buys AdTechGod (No, Really)

Marketecture has acquired AdTechGod – an anonymous ad tech Twitter poster turned one-man content studio – and the AdTech Forum, an information resource hosted by AdTechGod and Jeremy Bloom.