Demand-side platform: What is a DSP?

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Published
Jan 4, 2023
Tags:
Programmatic

A Demand-Side Platform (DSP) is a digital platform that makes it easier for advertisers and advertising agencies to manage, buy and optimize their ad campaigns across different channels such as websites, apps and social media. Think of it as a hub where all the advertising comes together, and where you can make your purchases in real time. Instead of having to negotiate with each individual website or app, a DSP allows you to automatically buy ad space from a variety of sources simultaneously.

Smart ads with precise targeting

A DSP allows you to really fine-tune where and to whom your ads are shown. You can target your ads to people based on their age, interests, where they are, and even what they've done online before. This means you're not just throwing an ad out to 'everyone' and hoping for the best, but instead making sure it's shown to those who might actually be interested.

Bidding in real time

One of the biggest advantages of a DSP is that it uses real-time bidding (RTB). This means that every time someone visits a site or app that sells ad space, there is a small auction where your DSP can bid to show your ad - and this happens in a split second. If your ad is relevant and the price is right, you win the bid and your ad is shown to that person. All this happens automatically, without you having to lift a finger.

All data in one place

As well as helping you buy ads, a DSP also collects lots of data on how your ads are performing. You'll find out things like which ads are being clicked on the most, which audiences are engaging the most, and what type of content is performing best. You can then use this data to improve your future campaigns and make them even more effective.

Why should you use a DSP?

There are many advantages to using a DSP. Firstly, you save time and energy, as you can manage all your ads in one place. Secondly, you ensure that your ads really reach the right audience, thanks to the smart targeting options. And last but not least, you get access to invaluable data that will help you make better decisions in the future. In today's digital world, using a DSP is almost a must if you want to get the most out of your advertising.

A Demand-Side Platform makes your advertising smarter and more effective. You can manage all your campaigns in one place, and through advanced data analytics and real-time bidding, you can ensure that your ads are always shown to the right people. For advertisers who want to be competitive in the digital marketplace, DSP has become an indispensable part of the strategy.

Get help with the Demand-Side Platform (DSP)

If you want to take your digital advertising to the next level and get help setting up or optimizing your DSP, don't hesitate to contact us at Dwise. We have the experience and the tools to help you reach your goals and create effective advertising campaigns. Contact us and we'll tell you more about how we can help you!

Josefine Lopes Helgesson

Sales & Marketing Coordinator

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