How to select correct Demand side platform for your advertising requirements?

It can be a challenge to figure out which platform best chances an advertising needs. In programmatic advertising, demand-side platforms are planned to allow advertisers to bid for display inventory across multiple exchanges to operate real-time bidding display campaigns. Selecting the perfect platform for advertisement requires a lot of preceding research and efforts. Some of the main areas of focus will depend on the requirements.

Your customer’s consideration is continuously changing from one platform to another. It’s imperative for any company to decide where their customers pay attention and get back to basics.

DSPs will help you and surely your brand reaches your target audience as they occupy those channels. More than that, the platforms can retarget your ads whenever necessary, should the patterns involving your consumers change. Programmatic advertising platform is speedily growing beyond its display ads, moving social, mobile, video, and even classic channels like TV.

The Bidsopt is one of the topmost values for Demand Supply Platforms in the market and they allow clients to reach target audiences on the ground at the right time and location. That suggestions programmatic solutions for advertisers and publishers. One of the Bidsopt key products is a DSP platform for advertisers that grants access to publishers and media houses worldwide that support open RTB protocol. Our clients can convert the interface, and decide when, how and at what price they buy digital ad inventory and optimize targeting, budgeting settings. DSP is perfect for marketers who want to save on research and growth.

Does the DSP suit your advertising needs? Here is a list of some of the factors to consider when choosing a DSP and how they can be of assistance to your business.

1. You should select an Efficient DSP platform

Technologies are changing the way adverts are bought and sold.  A DSP essentially facilitates the process of buying adverts automatically rather than the traditional manner of manual purchases. Now you can have all your impressions, data, publisher marketplaces and more in a single interface. A DSP makes buying and selling advertising more efficient as costs are reduced and transparency increased. To get the most out of your CPC mobile advertising campaigns, you need to think carefully about the unique demands, restrictions, and opportunities of the mobile advertising medium.

2. Sophisticated Targeting Methods with DSP

Advertisers essential ask whether the DSP charges on a CPM, CPC or a CPI basis. Many DSPs have different cost models associated with their inventory, as well as monthly platform fees. Some DSPs may charge a platform fee on top of the actual cost of traffic. For cost targeting, advertisers must also recognize how much control the DSP allows them to see where the ads are appearing and how much they have paid for it. It is also good to know whether there is a monthly minimum or an annual charge.

3. Campaign Optimization and Effectiveness

The maximum of your programmatic campaigns is audience targeting. Finding the exact audience can help you avoid wasting undesired impressions. If you need to run many massive campaigns over extended periods, make sure your DSP’s technology platform can scale to your requirements.

  • After successfully targeting your audience and making sure your ads reach them in real-time, you want to be able to crunch the numbers and study how well your campaign is currently doing.
  • It Provides real-time feedback and reporting on campaign performance.
  • Network Optimization: One of the major challenges within mobile advertising is finding the right balance between traffic volume and traffic quality.
  • The first step in campaign optimization is to look at the mobile ad networks. Data shows that when daily budgets increase, average CPC goes up too. To maximize volume while minimizing the purchase cost, it is significant to control multiple networks. The networks depend on each campaign and the overall budget.

4. Combination Supply Sources and Ad Exchanges.

The Demand side platform is the integration with Supply Sources and Ad Exchanges. A Supply-side platform typically might include capabilities like Real Time Bidding. A DSP also helps you access multiple ad exchanges at the same time. It is the dynamic development of buying and selling impressions promptly in which the main bidder wins the right to place a display ad while the audience attributes are fixed in real time, yield management and the appending of audience attributes.

Even though all DSPs usually sustenance maximum exchanges, premium exchanges with high- quality content also exist, so make sure you’re not missing an opportunity. A DSP must finally help you raise sales and maximise sales ROI by putting your ads in front of the most responsive audience.