RE: Miri31 Aug 2023 10:23
Love it casperd
The rise of the programmatic ad deal
Unsurprisingly, it is difficult to sell a future market to advertisers when the future you are selling seems more uncertain than ever with the possibility of the entire paradigm shifting in the span of a week, let alone a year. However, there is one recent and massive change to this year’s upfront (and for the wider world of advertising too) that is here to stay and that is the rise and dominance of the programmatic ad deal.
What is programmatic ad buying? Essentially, it is the use of automated technology to buy ad space at scale. Instead of choosing media space manually, ads are served algorithmically to the right user at the right time across their digital devices in a process called Real-time bidding (RTB). This is happening with billions of devices at speeds beyond comprehension and can be measured in real time.
For far too long programmatic ad buying was an afterthought of the event but now is an integral part of the discussion. This was signalled by Netflix presenting at the Upfronts for the first time ever. It comes at an apt moment for streaming as last year, also for the first time, overall streaming viewership overtook cable viewership.