In Focus

What is an ad exchange?

Much like the Chupacabra or Loch Ness Monster, you may have heard of ad exchanges but have no idea what they are.

An ad exchange is a company that brokers online advertising by bringing publishers and advertisers together on a website where they can participate in auctions for ad space. An ad exchange is a marketplace -- set up much like a NASDAQ exchange for online ads -- where publishers and advertisers can find and execute advertising transactions. Ideally, exchanges provide a system of controls to keep the community safe from harmful, objectionable content as well as create an open development structure to encourage innovation in the industry.

If you've considered working with an ad exchange but have no idea where to start, who the major players are, what they offer or how they differ, there's no better place to start than here.

We did some of the heavy lifting for you and reached out to the top ad exchanges for a head-to-head comparison of what makes them tick and how they can be successful for your brand as a broker for online ad inventory.

If you have questions that aren't addressed in our guide, iMedia invites you to leave them in our comments section. If you're an ad exchange that would like to be included in future crib sheets, please contact me.

Now let's take a look.

Author notes: Nanette Marcus is an editor at iMedia Connection.  Read full bio.

 

Comments

mehdi mostaghimi
mehdi mostaghimi July 22, 2007 at 9:26 PM

Could someone educate me on the functions and features of an ad-exchange and how they benefit the advertiser/publisher even in terms of biding, creative’s, and the procedures taken to fill your ad-inventory? And also what the main issues that arise when use an ad-exchange as compared to any other forms of online advertising through ad networks etc. What problems do ad-exchanges solve besides filling ad-inventory and specially targeting the right target audiences from the publisher’s side? (Besides biding on a publisher and getting paid more accurately per impression or click through) Do ad-exchanges provide live data feeds like RSS feeds to a publisher or even some form of analytics software that might be able to track a campaign with more accuracy rather than using two tracking systems to compare CPMs & CPCs and how the advertiser’s login on the ad-exchange would be able to control all of these things? What types of software do these companies use in terms of tracking and ad serving? How can companies achieve a better system by using an ad-exchange with targeting technologies like, demographic, behavioural, contextual and geographically advertising? How would be integrate these methods of advertising on publishers with the exchange. If anyone could give me a detailed answer I would really appreciate it. Many Thanks, Mehdi Mostaghimi Internet/Solutions Developer - Viva9

Joe Germscheid
Joe Germscheid July 18, 2007 at 4:01 PM

Good Overview. However IMHO, incomplete without including Google.