Ad buying and selling platforms heralded a transformative era, democratizing access to online advertising and speeding up campaigns processes. The ability to reach the right audience at the right time has become more accessible than ever, marking a paradigm shift in the way digital marketing is conceptualized and executed. Now, it is common to hear terms like “DSP marketing” or “SSP”.
That’s because this new landscape is shaped by two main types of programmatic ad buying platforms, DSPs (Demand-Side Platform) and SSPs (Supply-Side Platform).
They both allow for real-time bidding, selling, and purchasing of ad spots, but work differently and serve purposes that are slightly different. In this article we will explain in detail how they work.
What is the difference between DSP marketing and SSP?
The main difference is who they are designed for. Although they are actually complementary, their names explain the difference between them. DSPs (Demand-Side) are the platforms where advertisers can access programmatic buying inventory, while SSPs (Supply-Side) are designed to help publishers sell their inventory.
Together, both allow the programmatic advertising ecosystem to work seamlessly, benefiting both parties and saving valuable time, as both are involved in the real time bidding process, which we will explain later.
What is a DSP?
DSPs are digital ad buying platform that allow advertisers to easily access all of the available publishers and screen formats, buying ad spots for a very affordable price, across different websites, mobile apps, online games, social networks and even DOOH screens.
DSPs give advertisers access to each ad spot’s performance, allowing for precise segmentation, they also provide triggers for campaign activation, real-time campaign follow up, and overall flexibility in activating and pausing campaigns, with no minimum investment period required.
What is SSP?
SSP is also a digital advertising sales platform. However, the difference with DSPs is that they are designed to allow publishers to sell ad spots to advertisers in real time.
These platforms help publishers maximize their monetization because, contrary to traditional selling methods, SSPs work through bidding, therefore selling ad spots to the highest bidders. Meanwhile, DSPs bidding systems work to give advertisers the lowest price, making for a win-win situation.
Advantages of DSPs and SSPs
Advantages for advertisers include:
- Accurate segmentation: Determine target users based on demographics and behavioral information.
- Flexibility: Decide how much to pay per impression and activation period.
- Measurable results: Track performance metrics such as impressions, clicks, conversions, cost per click (CPC), cost per impression (CPM) and return on investment (ROI) in real time.
The advantages for publishers:
- Sales optimization: Maximize sales by selling previously unsold inventory.
- Control inventory: Choose which advertisers and brands appear on your website or app, and limit which advertisers and brands you don’t want to partner with.
As you can see, both platforms are very effective in terms of programmatic buying. If you are looking for an SSP that meets your expectations and allows you to sell your inventory with the best results, Adport is the place for you. And if you opt for an SSP, Bidsmind will allow you to boost your marketing strategies.