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In the world of digital advertising, programmatic has become the norm rather than the exception. By the end of 2024, it’s expected that nearly $221 billion of global ad spend will be executed programmatically.
Programmatic advertising allows publishers to sell their ad inventory through real-time auctions using advanced algorithms and data insights. At the heart of this process lies the oRTB (open real-time bidding) protocol, which facilitates seamless and efficient ad transactions.
But what exactly is an oRTB solution, and how do publishers use one to drive revenue and growth? Let’s take a deeper dive into how things work.
An oRTB solution, is a technology platform that helps publishers navigate the programmatic landscape by connecting them with multiple ad exchanges and demand sources simultaneously.
It acts as an intermediary, effectively bringing programmatic supply and demand together. An oRTB receives bid requests from the publisher's ad server and passes them along to various demand partners (DSPs, ad networks, etc.).
The oRTB then collects bids from these partners and facilitates the sale of the ad impression to the highest bidder all while the web page loads.
One of the key advantages of оRTB solutions is their ability to create bespoke, white-labelled environments tailored to a publisher's specific needs. This level of customisation ensures that the platform seamlessly integrates with the publisher's existing ad tech stack, providing a cohesive and streamlined experience.
Top-tier oRTB solutions allow publishers to configure various settings, such as ad formats, pricing rules, targeting parameters, and more. As such, publishers can optimise their ad inventory and revenue streams effectively.
This level of control and flexibility is crucial in today's highly competitive digital advertising landscape.
By deploying advanced algorithms and data-driven insights, oRTBs help publishers maximise their ad revenue. These platforms employ sophisticated calculations to ensure that each ad impression is matched with the most relevant and highest-paying demand source.
Additionally, oRTB solutions often offer features like real-time analytics and reporting, providing publishers with valuable insights into the performance of their ad inventory.
Armed with this data, publishers can make informed decisions about pricing strategies, inventory allocation, and optimisations - all with the aim of increasing their profitability.
As digital advertising continues to grow, scalability becomes a critical factor for publishers. oRTBs are designed to handle massive volumes of ad requests and bid responses, ensuring seamless and efficient ad delivery at scale.
The most powerful platforms, like Limelight Inc. own and leverage cutting-edge technologies, such as AI and distributed systems, to process billions of ad requests per second without compromising performance or latency. This level of scalability is essential for publishers looking to instantly access global demand and increase yields while maintaining a consistent user experience.
To sum things up, publishers who embrace programmatic oRTB solutions gain a powerful competitive edge in the digital advertising landscape.
By using bespoke white-labelled environments, advanced yield management techniques, and scalable performance, publishers can unlock new revenue streams, optimise their ad inventory, and deliver exceptional experiences to both advertisers and end-users.
Next up, we’ll look at how programmatic works if you’re an advertiser.