Home The Big Story The Big Story: Hey, Meta – Where’s My Refund?

The Big Story: Hey, Meta – Where’s My Refund?

SHARE:
The Big Story podcast

When Meta’s ad platform went awry during the witching hours of Sunday morning, some advertisers saw it overspend beyond their daily budget caps.

Marketers, especially those at small direct-to-consumer brands, started frantically emailing account reps and sharing war stories on Twitter about how much they were affected.

But on the Meta front, the response was muted. Some people internally seemed unaware that anything had even happened. Perhaps they were focused not on the account fire, but one that loomed even larger in their minds: layoffs, with another round of cuts happening a day after the bug.

Since senior editor James Hercher broke news of the system error, he outlined why it happened and why advertisers shouldn’t expect much besides ad credits. Though that may not be a welcome solution for some marketers whose overspending made their monthly balance sheet go awry.

While brands lost money, Meta will ultimately lose more by the way it reacted, Hercher says. Meta lost the pulse of its customer base, which has been getting increasingly frustrated with bugs and MIA account support.

Improving representation with targeted health care marketing

Then, we turn to how health care marketing is trying to offer more nuanced portrayals of its customer base in advertising. Mistrust in the health care field is high, from Black people aware of historical atrocities like the Tuskegee syphilis study to people who worry a doctor’s appointment could expose their undocumented status.

Health care marketing tends to take a low-risk approach to marketing because of privacy concerns and legal concerns, but it also needs to consider this mistrust. Having people on agency teams who reflect the audiences being served will improve representation – and avoid those cringey marketing moments.

As a companion to our series on health care marketing, senior editor Hana Yoo shares what she’s learned about representation and targeting in this tricky market.

Must Read

Meta logo seen on smartphone and AI letters on the background. Concept for Meta Facebook Artificial Intelligence. Stafford, UK, May 2, 2023

Meta Bets That Its Ad Machine Can Fund Its AI Dreams

Meta is channeling its booming ad revenue into a $135 billion AI drive to power its “personal superintelligence” future.

Comic: Header Bidding Rapper (Wrapper!)

Microsoft To Stop Caching Prebid Video Files, Leaving Publishers With A Major Ad Serving Problem

Most publishers have no idea that a major part of their video ad delivery will stop working on April 30, shortly after Microsoft shuts down the Xandr DSP.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Guess Its AdsGPT Now?

Ads were going to be a “last resort” for ChatGPT, OpenAI CEO Sam Altman promised two years ago. Now, they’re finally here. Omnicom Digital CEO Jonathan Nelson joins the AdExchanger editorial team to talk through what comes next.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Marketer Resolutions

Hershey’s Undergoes A Brand Update As It Rethinks Paid, Earned And Owned Media

This Wednesday marks the beginning of Hershey’s first major brand marketing campaign since 2018

Comic: Header Bidding Rapper (Wrapper!)

A Win For Open Standards: Amazon’s Prebid Adapter Goes Live

Amazon looks to support a more collaborative programmatic ecosystem now that the APS Prebid adapter is available for open beta testing.

Gamera Raises $1.6 Million To Protect The Open Web’s Media Quality

Gamera, a media quality measurement startup for publishers, announced on Tuesday it raised $1.6 million to promote its service that combines data about a site’s ad experience with data about how its ads perform.