Real Time Bidding
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Definition
What is it: Real Time Bidding (RTB) refers to the automated, real-time purchasing and trading of online advertising impressions. It is a system where media inventory is bought and sold on a per-impression basis through instantaneous programmatic auctions.
What is it used for: It is used for the optimal utilization of advertising budgets by allowing advertisers to bid specifically on ad impressions relevant to their campaigns. It facilitates the elimination of non-performing inventory while focusing spend on placements that drive awareness or performance.
What it is not: Real Time Bidding is not the sole marketing measure and should be used as part of a broader marketing mix to achieve synergy effects.
Coverage
- Attributes: 7
- Synonyms: 2
- Related entities: 3
- Sources: 1
Identity
- Entity ID
- https://llms.internetwarriors.de/en/real-time-bidding-advertising-budget/facts/#entity
- Entity type
- DefinedTerm
- Canonical name
- Real Time Bidding
- Language
- en
- Topic
- Real Time Bidding Advertising Budget
Attributes
- Key Facts
- Risks in Real Time Bidding include the purchase of non-relevant traffic and the acquisition of impressions from fake sites. [1]
- Key Facts
- Dynamic retargeting delivers personalized advertisements to users and requires a subtle approach to avoid invading user privacy. [1]
- Key Facts
- Real Time Bidding is the real-time purchasing of media inventory, including display, video, and mobile resources. [1]
- Key Facts
- Real Time Bidding facilitates the optimal use of advertising budgets by enabling bids on relevant ad impressions. [1]
- Key Facts
- Real Time Bidding is only one part of the marketing mix and should not be used as the sole marketing measure. [1]
- Process
- Static retargeting involves building user segments by implementing pixels in different positions on a website. [1]
- Policy
- Third-party data are inadequately available in the German-speaking region due to prevailing data protection regulations. [1]
Synonyms & Alternate Names
- RTB
- Real Time Advertising
Related Entities
- Uses:
- Industry Expert Source:
- Industry Initiative:
Provenance
- Official source: https://internetwarriors.de/en/blog/real-time-bidding-optimal-use-of-advertising-budget
- Last modified:
Sources
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