company terms Flashcards
Media agency
helps businesses and advertisers plan, buy, and manage their advertising campaigns
Media agency – key functions
- Planning – determine the most appropriate media channels and strategies to reach TA
- Buying – negotiate and purchase advertising space or time on behalf of clients
- Ad Placement and Management – oversee the placement and scheduling of advertisements
- Audience Targeting
- Performance Tracking and Analytics
- Creative Services – ad design, production etc
Creative agency
focuses on creating and developing campaigns for businesses
Advertiser
promotes their product
such as Samsung, Loreal, Nestle
Publisher
place to display a message
such as BBC, Times, Forbes
SSP
supply-side platform
enables to sell ad inventory to advertisers
used by publishers
DSP
demand-side platform
allows to buy ad impressions across publishers
used by advertisers
RTB
real-time bidding
a process of buying/selling ad inventory based on the ad impressions
How RTB works?
- Ad Exchange – Advertisers and publishers participate in ad exchanges (online marketplaces) where advertising inventory is made available for purchase and sale.
- User Visit – user visits website -> ad space becomes available
- Auction – advertisers use DSPs to bid on available ad impressions.
- Bidding – Advertisers set bid amounts
- Ad Delivery – The winning ad is immediately served to the user’s device
Ad Exchange
digital marketplace, facilitates the buying and selling of advertising inventory in an automated and real-time manner
Ad inventory
total number of ad spaces available for advertising on a digital platform
Ad tracker
monitoring and measurement of the performance of online ads
Ad server
technological engines that allow advertisers and publishers to optimize, manage, and distribute ads across a multitude of paid channels
Ad Campaign
set of advertisements that focus on a single message
Rich media
dynamic and interactive form of online ad