If you’re a complete newcomer to the advertising world, let me set the scene for you. The way ads make it from your business to a little 300×250 box on your screen is that a media buyer from an advertising agency bought that space at that time for that specific ad. The way the media buyer decides on that specific part of space-time to buy for the ad is much more complex, involving the consideration of price rates, target audience demographics, formats and more. If some of you thought “is there an easier way?,” you’re not alone. The advertising world wondered the same thing, and programmatic advertising was developed as the answer.
The programmatic advertising kingdom & RTB
RTB: real time bidding
In the programmatic advertising kingdom, it’s the machines that do the work, and the advertisers who rule from campaign castle. It’s the human advertising professionals who are the kings and queens, ruling from campaign castle, and they set the laws of the land. The advertisers determine the rules and scope of the campaigns, while the programmatic software handles all the menial tasks. They will set the prices and strategies, carefully select the channels on which to promote, develop meaningful campaigns, and more. No technophobia necessary, humans are still deeply involved in the process.
Why programmatic advertising?
Who needs programmatic advertising?