Real-Time Bidding (RTB)
Real-Time Bidding (RTB) is an automated digital advertising process in which advertisers compete in real time to purchase individual ad impressions through online auctions. When a user visits a website or app that contains advertising space, an automated auction occurs within milliseconds, allowing advertisers to bid on the opportunity to display an ad to that specific user based on audience data, targeting criteria, and campaign objectives. Businesses use RTB as part of programmatic advertising strategies to purchase digital ad inventory efficiently...