Digital Ad Technology Dictionary

DMP – Data Management Platform.  Used to help in the targeting of advertising.  A DMP can used in both programmatic advertising transactions as well as traditional insertion order style advertising business fulfilled by ad operations teams.  These DMP systems can help to build and structure audiences and make targeting available.  Many DMPs also offer ability to purchase of 3rd party data.  Example of DMPs: Lotame, Krux.

DSP – Demand Side Platform.  A system used by buyers in programmatic advertising.  The DSP helps automate the buying process for advertisers or their agencies.  The system can help in pre-programming targeting instructions, budgets and other important advertising campaign instructions.  Many DSPs will also have algorithms that optimize targeting options towards websites or audiences for the goal of reaching the advertisers key performance indicators (KPIs).

KPI – Key Performance Indicator.  In the advertising world referring to the advertiser or client’s definition of success on a campaign.  Examples may include sales driven on an eCommerce site due to the advertising campaign or the quantity of users who saw the advertisement.

Open Auction – Synonymous with Public Auction.  Google’s Doubleclick Ad Exchange refers to Public Auction as Open Auction. A programmatic markeplace in which any buyer, under pre-approval by the advertising exchange or SSP, may have an ability to bid on inventory that the sellers offer to that advertising exchange or SSP.  The public auction empowers advertisers of any size to advertiser on websites around the world.  Advertiser can participate in the public auction with very small advertising budgets, sometimes spending budgets small as fractions of pennies on a specific web site or as large as millions of dollars.

PMP – Private Marketplace.  This is marketplace for programmatic transactions in which the publisher must first approve a buyers involvement in the marketplace.

Public Auction – A programmatic markeplace in which any buyer, under pre-approval by the advertising exchange or SSP, may have an ability to bid on inventory that the sellers offer to that advertising exchange or SSP.  The public auction empowers advertisers of any size to advertiser on websites around the world.  Advertiser can participate in the public auction with very small advertising budgets, sometimes spending budgets small as fractions of pennies on a specific web site or as large as millions of dollars.

Supply Side Platform – Supply Side Platform.  A system used by sellers in programmatic advertising.  The system allows DSPs to bid on advertisements which the sell offers to the SSP.  A publisher or owner of digital advertising inventory manages a unique instance of the SSP which runs only on the websites of which that publisher manages.  In the SSP instance for those sites, the publisher determines rules such as floor prices, advertiser block lists, which ad inventory space on the site they manage is allowed to be sold, and inputs those settings into the SSP.  Depending on the level of sophistication of the SSP partner the user interface may not be entirely self service for the publisher and will require help from a technical team at the ad technology company who owns the SSP. The SSP can help the publisher increasing the amount of revenue earned from advertising on the sites they manage using reporting insights and abilities available withing the SSP. Example of SSPs include: Rubicon Project and Pubmatic.

Tags – A term commonly used in digital advertising operations referring to advertising creative assets in a html, javascript, or iframe format.  These tags are shared with an ad trafficker who will setup advertising campaigns in an adserver by placing copying and pasting the tags into the adserver’s creative library.

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