Data Enhanced Ad Buys - Using DMPs to Make More Informed Buying Decisions

Introduction to Programmatic Advertising: Digital Marketing Digital Marketing Introduction - Programmatic Advertising
3 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$69.99
List Price:  $99.99
You save:  $30
€59.75
List Price:  €85.37
You save:  €25.61
£52.30
List Price:  £74.72
You save:  £22.41
CA$96.54
List Price:  CA$137.93
You save:  CA$41.38
A$105.91
List Price:  A$151.30
You save:  A$45.39
S$90.45
List Price:  S$129.22
You save:  S$38.77
HK$544.53
List Price:  HK$777.94
You save:  HK$233.40
CHF 55.65
List Price:  CHF 79.50
You save:  CHF 23.85
NOK kr713.11
List Price:  NOK kr1,018.77
You save:  NOK kr305.66
DKK kr446.46
List Price:  DKK kr637.83
You save:  DKK kr191.36
NZ$121.74
List Price:  NZ$173.93
You save:  NZ$52.18
د.إ257.03
List Price:  د.إ367.21
You save:  د.إ110.17
৳8,556.42
List Price:  ৳12,223.99
You save:  ৳3,667.56
₹6,251.01
List Price:  ₹8,930.40
You save:  ₹2,679.38
RM285.34
List Price:  RM407.65
You save:  RM122.31
₦102,002.02
List Price:  ₦145,723.42
You save:  ₦43,721.40
₨19,604.33
List Price:  ₨28,007.39
You save:  ₨8,403.05
฿2,202.51
List Price:  ฿3,146.58
You save:  ฿944.07
₺2,996.27
List Price:  ₺4,280.57
You save:  ₺1,284.29
B$387.19
List Price:  B$553.16
You save:  B$165.96
R1,174.86
List Price:  R1,678.44
You save:  R503.58
Лв116.87
List Price:  Лв166.96
You save:  Лв50.09
₩103,485.08
List Price:  ₩147,842.17
You save:  ₩44,357.08
₪224.59
List Price:  ₪320.86
You save:  ₪96.26
₱4,098.68
List Price:  ₱5,855.51
You save:  ₱1,756.82
¥11,002.60
List Price:  ¥15,718.67
You save:  ¥4,716.07
MX$1,262.14
List Price:  MX$1,803.14
You save:  MX$540.99
QR255.14
List Price:  QR364.51
You save:  QR109.36
P924.59
List Price:  P1,320.90
You save:  P396.31
KSh9,021.71
List Price:  KSh12,888.71
You save:  KSh3,867
E£3,331.19
List Price:  E£4,759.05
You save:  E£1,427.85
ብር10,881.20
List Price:  ብር15,545.24
You save:  ብር4,664.04
Kz63,840.95
List Price:  Kz91,205.27
You save:  Kz27,364.32
CLP$63,627.27
List Price:  CLP$90,899.99
You save:  CLP$27,272.72
CN¥492.78
List Price:  CN¥704
You save:  CN¥211.22
RD$4,396.46
List Price:  RD$6,280.92
You save:  RD$1,884.46
DA9,076.57
List Price:  DA12,967.08
You save:  DA3,890.51
FJ$159.83
List Price:  FJ$228.34
You save:  FJ$68.51
Q535.86
List Price:  Q765.54
You save:  Q229.68
GY$14,637.97
List Price:  GY$20,912.28
You save:  GY$6,274.31
ISK kr8,820.83
List Price:  ISK kr12,601.73
You save:  ISK kr3,780.90
DH641.27
List Price:  DH916.14
You save:  DH274.87
L1,171.48
List Price:  L1,673.62
You save:  L502.13
ден3,677.69
List Price:  ден5,254.07
You save:  ден1,576.37
MOP$560.77
List Price:  MOP$801.13
You save:  MOP$240.36
N$1,173.11
List Price:  N$1,675.94
You save:  N$502.83
C$2,574.59
List Price:  C$3,678.14
You save:  C$1,103.55
रु10,100.17
List Price:  रु14,429.44
You save:  रु4,329.26
S/235.57
List Price:  S/336.54
You save:  S/100.97
K301.57
List Price:  K430.83
You save:  K129.26
SAR262.51
List Price:  SAR375.04
You save:  SAR112.52
ZK1,591.73
List Price:  ZK2,274
You save:  ZK682.26
L304.12
List Price:  L434.48
You save:  L130.35
Kč1,456.02
List Price:  Kč2,080.12
You save:  Kč624.09
Ft23,137.63
List Price:  Ft33,055.18
You save:  Ft9,917.54
SEK kr651.58
List Price:  SEK kr930.87
You save:  SEK kr279.28
ARS$101,536.26
List Price:  ARS$145,058.02
You save:  ARS$43,521.75
Bs483.45
List Price:  Bs690.68
You save:  Bs207.22
COP$270,071.77
List Price:  COP$385,833.35
You save:  COP$115,761.58
₡34,861.29
List Price:  ₡49,803.97
You save:  ₡14,942.68
L1,842.86
List Price:  L2,632.77
You save:  L789.91
₲467,540.75
List Price:  ₲667,943.99
You save:  ₲200,403.24
$U2,747.84
List Price:  $U3,925.66
You save:  $U1,177.81
zł251.55
List Price:  zł359.38
You save:  zł107.82
Already have an account? Log In

Transcript

Okay, now let's talk a little bit more about data and targeting and dmps. A DMP is a data management platform. Essentially, it is a tool that allows advertisers and tech companies to collect data on their users and then be able to retarget that user in a meaningful way. So it could be that a tech company or an advertiser has their own internal DMP with their own first party data. And they use that to identify who to target and who to advertise to, or they could use a third party. Now these third party ones are more than just these but these are among the largest axiom blue Kai and excellent and they are very valuable.

So blue Kai was acquired by Oracle excellent was acquired by Nielsen and most recently axiom was acquired by IPG for $2.3 billion axiom claims to have data on about 2.2 billion users. So, essentially, IPG bought them for about a day Dollar user, which if you ask me is a pretty good deal. Now, how would advertisers actually use this data to inform a buy? Well, let's go take a look at that RTV process again, but kind of break it down in different way. So we've got our publisher side, and we've got our advertiser side, our supply side and demand side. In the middle is our DMP, with user data.

On the publisher side, we've got our app Words with Friends. On the advertiser side, we've got Nike. Now, in a basic situation, the DSP could send a request to the exchange saying we're looking to buy gaming apps, and we're looking to buy sports apps on behalf of my client, that game. The SSP that's working with boards of friends may say we are working with a gaming app. And if that's all that the advertisers looking for, then that's all they need and the transaction is complete. The ad is sold and filled.

Now when you start to use data, it looks a little bit different. Instead of the DSP going directly to the exchange, they'll first work with their DMP. And they'll say I'm looking to target, maybe a male 18 to 34, located in California household income of $75,000 or more, that DMP will then look through their entire data set and say, who do I have that matches that requirement? once they find it, they'll spit it out in a device ID or unique advertiser ID fashion and say, Okay, now we're going to go to the exchange. And if we see a device that matches what we've identified as a user, then we'll look to buy it. So now that request from the SSP includes things like unique advertiser ID, which as we can see actually matches the one that the DMP has identified, and we'll look at the lat long data and if you look up this lat long, you'll see it is for the Staples Center in Los Angeles, which means users located in California.

So now they've met all the requirements needed. And like he will complete the purchase. Obviously, in that this is a more targeted user, it is a more valuable user to Nike, therefore, they're going to pay a fee to get that level of data included with their buy. But again, if it's more valuable user, that fee is worth it.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.