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Enhanced Success with Programmatic Social Advertising

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Programmatic Advertising

Part of the book series: Management for Professionals ((MANAGPROF))

Abstract

Efficient markets operate on the principle of investors having access to the best information when making a purchase decision. Programmatic advertising embraces this principle in its allocation of inventory to advertisers. It provides a single view of the consumer and single point of media planning and buying across all digital media channels, and allows marketers to leverage their own data, media, and technology. The social media ecosystem offers enormous value to advertisers as a piece of Programmatic Advertising; it provides an even more contextually targeted advertising solution where the influence of a friend or other trusted source, guides the user along a path to consuming new forms of content.

With the introduction of more targeted social ad formats (e.g. custom audiences, multi-product ads, dynamic product ads, etc.), social media platforms are embracing the approach to real-time bidding. Traditionally, real-time bidding exists as a facet of programmatic advertising allowing buyers to access real-time inventory at scale. With the growing need to deliver more content as part of a holistic user experience, we’ve begun to see a shift in using Programmatic Advertising across all types of media.

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Notes

  1. 1.

    Social Media Roadmaps – Exploring the futures triggered by social media. VTT Technical Research Centre of Finland http://www.vtt.fi/inf/pdf/tiedotteet/2008/T2454.pdf.

  2. 2.

    http://www.alexa.com/siteinfo/facebook.com.

  3. 3.

    T1 Social – “P&G Hair Care brand Aussie achieves 86 % reduction in Cost Per Engagement on Facebook”.

  4. 4.

    T1 Social – “How can ecommerce retailers achieve winning ROI on Facebook?”.

  5. 5.

    MathMen- Joe Zawadzki (expected release date 2015).

  6. 6.

    Internet Trends – D11 Conference (2013), Mary Meeker and Liang Wu, KPCB.

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Correspondence to Patrick Dawson .

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© 2016 Springer International Publishing Switzerland

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Dawson, P., Lamb, M. (2016). Enhanced Success with Programmatic Social Advertising. In: Busch, O. (eds) Programmatic Advertising. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-25023-6_8

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