Definition
Using automated technology and algorithms to purchase digital ad inventory in real-time, replacing human media buyers with machines that work faster and complain less. It's the robot apocalypse, but for ad placement.
Example Usage
We switched to programmatic buying and discovered our ads were appearing next to questionable content, which turned out to be both cheaper and more embarrassing than human-negotiated placements.
Origin
Emerged in digital advertising around 2010
Fun Fact
Programmatic buying now accounts for over 80% of digital display ads, meaning most online advertising is essentially robots talking to other robots about whether humans might buy things.
Source: AdTech industry and programmatic advertising platforms
Related Terms
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See “programmatic buying” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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