Previously I used video games as an example. Let's choose something more mundane. If I have a pet cat, I still don't want to read ads about cat food. I don't want ads about litter. I don't want ads about stupid cat toys. Or pet cameras. Or pet photos. Or pet grooming services. Or more cats. I don't want your fucking ads at all. Your targeting isn't wrong, but that doesn't make it pleasant. Everyone needs toilet paper. I don't want toilet paper ads.
And then on top of all that, cat product companies get outbid by some sketchy financial company trying to get me to refinance a mortgage because the margin on that is way higher.
This is poor targeting (especially since it's direct response), and a lot of people I talk to get very annoyed telling me their experiences like this.