“I just put down a $mil on a TV commercial just to talk to you!”
……

What you're seeing as an annoyance is actually a huge opportunity. Facebook would love to give you targeted ads (it increases their revenue). And they have several options in place to allow advertisers to target specific people. The problem? Not enough advertisers are taking full advantage of the system. Which provides a huge opportunity for those who do.

Think about it: if you're annoyed by irrelevant ads on Facebook, so are your potential customers. So advertise on Facebook with specific, well-targeted ads. People will be so happy to see something so relevant to them that they'll click with interest. You'll outbid the irrelevant ads because you get a higher ROI.

I do what I can to support advertisers that offer something particularly relevant to me. And click-through rates on my ads suggest that others do as well. I actually visit the “more ads” page on a regular basis because I want to know who's trying to reach me.

When you can target an ad specifically to people who are interested in your product or service and live in your area, isn't it worth 50 cents to reach them? I think so. As soon as everyone else realizes this, you'll see more relevant ads (and increased rates and revenue for Facebook).

I can't understand why legit advertisers have such a tough time getting approval to run their ads, yet Facebook allows scams like the free camera, or the latest, “we need camera testers” which is an out right lie … the ads don't have ANYTHING to do with camera testers, yet Facebook still approves their ads.

Loved the video too … Scott