Auction

An auction is the mechanism by which ad platforms decide which ads are shown, in what order and at what price. The winner is not determined by bid alone, but by a combination of bid, ad quality and relevance. The auction runs for every single impression in real time.

Two advertisers with the same bid can end up in different positions in the auction, because one has higher ad quality.

Illustration symbolizing the concept "Auction": An auction is the mechanism by which ad platforms decide which ads are shown, in what…

Related terms

The whole dictionary

From concept to bottom line

Book a free 30-minute call and we will translate the theory into something that moves your numbers.

See Profit Studio