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Programmatic marketing an cost-effective solution

Programmatic marketing is one of the most significant innovations in digital marketing. This is a type of marketing that allows you to target specific customers when they are on a specific page. 

Programmatic marketing is an advanced marketing strategy that employs an automated, real-time bidding process to buy ad inventory on your behalf, allowing you to target specific users in specific contexts, resulting in hyper-targeted, highly effective advertising.

How Programmatic Marketing works.

This may appear to be a difficult process, but it is a simple one that takes milliseconds to complete. The steps that explain how programmatic marketing works are summarized below.

  • Someone selects a page by clicking on it.
  • The owner of the page holds an auction for an open advertising spot.
  • The marketplace holds an auction between the advertisers bidding for the spot. 
  • The advertiser who places the highest bid for the spot will have their advertisements  displayed.
  • The winning advertisement can be found on the internet.
  • Customers respond to the advertisement by making a purchase.

Benefits of Programmatic Marketing

  • You can set the frequency.
  • You can set the price.
  • You can only pay for relevant impression.
  • You can use advanced targeting.
  • You can set goals.
  • You can use it with different medium.

What is the future of programmatic marketing?

Programmatic marketing has a lot of potential, regardless of the size of your company. Companies are now spending $60 million per year on programmatic marketing, and the number is increasing, showing the power and effect of programmatic marketing on advertising strategies.

  


Recommendations for programmatic marketing.

This is a great opportunity to start using display marketing if you haven't already. Display marketing has the potential to generate new leads for your business. If you haven't tried display marketing yet, now is the time to do so in order to generate new leads and raise brand awareness. 

You can use this as a cost-effective solution. If you want to reach more leads but are on a tight budget, this is a cost-effective choice for your business. You will find new leads in a cost-effective manner.

This is an option for your company if you want to advertise on social media. You can target people in your audience using sites like LinkedIn and Facebook. Many businesses benefit from re marketing on these sites.

Use a monitoring feature to see who your site's most frequent visitors are. This will provide you with a good indication of who is interested in your company. Then, using this data, you can use programmatic marketing to reach out to these individuals and persuade them to convert.

After reading this blog do you think Programmatic Marketing will be helpful in every businesses?


Key words - Business, Marketing, Programmatic Marketing, Advertising, Display marketing.


Post By - Mandar Butkar.



Five insights about the future of programmatic advertising (2019) ClickZ. Available at: https://www.clickz.com/programmatic-advertising-future-insights/258444/ (Accessed: 10 April 2021).
 
Five insights about the future of programmatic advertising (2019) ClickZ. Available at: https://www.clickz.com/programmatic-advertising-future-insights/258444/ (Accessed: 10 April 2021).
 
Twitter, W. T. (2020) Future of programmatic: What brands and publishers need to know, Press Gazette. Available at: https://www.pressgazette.co.uk/future-of-programmatic/ (Accessed: 10 April 2021).
 
 

 

 

 

 

 

 

 

 

Comments

  1. Prajakta Jadhav10 April 2021 at 11:10

    The blog is very helpful, if thought and carefully implemented in think programmatic marketing can be really useful for most business considering the world is moving towards Digital Transformation. Below are some strong points highlighting the programmatic marketing.

    As programmatic advertising is automated, it can make the ads more personalized, without stopping the campaign for changing ads.
    Personalization and targeting specific audience is easily possible through programmatic advertising. Companies can avoid paying for advertisements instead can directly target the specific audience.
    Voice search ads are at infancy, but this strategy under programmatic advertising can be a great impact in future.
    Compiling the data from multiple sources across platform can often result in good and bad data. So, companies have to be careful before opting for programmatic ads and he data used for the ads.

    Great work!

    ReplyDelete
  2. Programmatic marketing is an automated and intelligent method of buying media that will actually be seen by the desired users. This is done through analysis of current users, non-users and reasons they don’t engage, the market and the behaviour of users in a specific market. If you are selling flowers, we’ll look at what flower enthusiasts like, how they engage online and what sites or services they are most likely to use.

    Comment By
    Amarbant Singh

    ReplyDelete
  3. Thank you for the good insight.

    ReplyDelete
  4. Good writing. The blog is really helpful

    ReplyDelete
  5. Very helpful blog, providing a good insight.

    ReplyDelete
  6. Blog is very informative and helpful.

    ReplyDelete

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