coming from publisher side, pmp activation with buyers opens the door to more commitment/pg campaigns if they notice the pmp is thriving Answer from Euphoric-Drive3846 on reddit.com
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Vistar Media
vistarmedia.com › blog › pmp-advertising
What is private marketplace (PMP) advertising?
April 29, 2025 - PMP (private marketplace) advertising, is a way of buying programmatically while also allowing buyers to customize deals to their specific needs.
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AppsFlyer
appsflyer.com › appsflyer homepage › private marketplace (pmp)
What is a private marketplace (PMP)? | AppsFlyer glossary
September 13, 2023 - Even though PMPs are a subset of RTB, they are somewhere in-between programmatic and open auctions. The private marketplace removes the intermediaries from the programmatic advertising, which reduces the open-ended nature of the open auction —- by limiting the crowd.
Discussions

What’s everyone’s opinion on PMPs?
coming from publisher side, pmp activation with buyers opens the door to more commitment/pg campaigns if they notice the pmp is thriving More on reddit.com
🌐 r/programmatic
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January 5, 2025
What exactly is a PMP deal in AdManager? There seems to be a lot of confusion?
like all things prog, terms are bastardized and thrown around by folks who don't know the nuances. always best to confirm... nead a deal/pmp. volume guaranteed by both sides? flat or flat rate, dynamic cpm? targeting? yadda yadda. my experience, which is (humbly) robust and straddles senior as veterans and young tech geeks and everything in between, is prog natives expect too much from non-natives when using their jargon and the latter often use terminology inappropriately. communication is more important than showing off your knowledge and people are too embarrassed to ask questions they think will make them look stupid, so you'll do best by communicating in lay people terms. More on reddit.com
🌐 r/adops
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February 12, 2023
Supply Side Costs for Programmatic (PMP and Programmatic Guaranteed Deals)
In terms of actual fees, the cost of ad serving is the same regardless of whether the impressions are delivered via direct/sponsorship, PMP/PG/PD, or exchange. Our direct campaigns have a higher rate because of the labor costs and access to inventory/1P not available via PMP or exchange. Our PMP rates are roughly 2x exchange CPMs but much lower than direct rates. We believe the significant reduction/elimination of fraud and access to 1P warrant the higher rate over exchange. I don’t leave much wiggle room to negotiate PMP/PG rates as they’re already heavily discounted, but there’s always some room to reduce if the scale/budget is high enough. More on reddit.com
🌐 r/adops
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February 9, 2024
PMP deals
Most pubs would be happy* to offer you a suite of PMP house deals that you could tap into anytime. Can be set with no expiry but ssp depending they will disable if inactive for a period of time More on reddit.com
🌐 r/programmatic
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July 17, 2023
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Criteo
criteo.com › home › glossary › private marketplace (pmp)
What are Private Marketplaces (PMPs)? How do they work?
September 15, 2021 - Short definition: A private marketplace (PMP) is a programmatic advertising platform offering exclusive, invite-only auctions for premium ad inventory through private deals between publishers and advertisers. Unlike open exchanges available to all buyers, PMPs allow publishers to collaborate ...
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Lotame
lotame.com › home › understanding private marketplace programmatic: a comprehensive guide
Guide to Private Marketplace Programmatic | PMP Advertising
May 20, 2025 - Many programmatic advertisers are investing in private marketplace (PMP) deals, which provide a mix of transparency, control and premium inventory that a public ad exchange may lack.
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Reddit
reddit.com › r/programmatic › what’s everyone’s opinion on pmp’s?
r/programmatic on Reddit: What’s everyone’s opinion on PMP’s?
January 5, 2025 -

Personally I see no value unless they are incremental, some form of unique demand or truly lead to greater PG or direct relationships.

Ultimately it’s just a way for buyers to track, get better rates and be higher in the auction.

I say this after working on the DSP side and media owner.

Happy to be proven wrong and open to discussion but I see no real value in them.

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Admiral
blog.getadmiral.com › what-are-private-marketplace-pmp-deals-and-how-do-they-benefit-publishers-and-advertisers
What Are Private Marketplace (PMP) Advertising Deals?
May 1, 2024 - In years past, the majority of this money would have been funneled into open exchanges. But now, more advertisers are investing in exclusive, invitation-only marketplaces aptly known as private marketplaces (PMPs).
Find elsewhere
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Instapage
instapage.com › blog › what are private marketplaces (pmp) & why should advertisers care?
What are Private Marketplaces (PMP) & Why Should Advertisers Care?
May 19, 2023 - So why, then, are advertisers shifting their dollars from the open exchange to private marketplaces? A private marketplace (PMP) refers to a digital marketplace where advertising is bought and sold programmatically between exclusive parties.
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Newor Media Blog
newormedia.com › home › programmatic guaranteed vs. pmp: what’s the difference?
Programmatic Guaranteed vs. PMP: What’s The Difference? - Newor Media Blog
November 15, 2024 - Since 2020, programmatic ad spending has increased by over 29% in the U.S. alone, which illustrates the growing opportunities to buy or sell digital advertising. Programmatic Guaranteed and PMP, or Private Marketplace, are types of programmatic ...
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Nextmillennium
nextmillennium.com › blog › direct-io-and-pmp-whats-the-difference
Direct IO and PMP, What’s the Difference - Next Millennium Media
October 8, 2025 - A Direct IO is generally guaranteed spend. Meaning the advertiser is committing to spend X amount on a Publisher’s inventory over a set period at a negotiated rate. There is no auction, there is no “first look,” or “always on,” like there is for other types of PMP structures.
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StackAdapt
stackadapt.com › resources › blog
Open Marketplace vs. Private Marketplace | StackAdapt
May 26, 2025 - In programmatic advertising, PMP is an acronym for private marketplace, which is a digital marketplace where select media buyers can purchase premium inventory.
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Reddit
reddit.com › r/adops › what exactly is a pmp deal in admanager? there seems to be a lot of confusion?
r/adops on Reddit: What exactly is a PMP deal in AdManager? There seems to be a lot of confusion?
February 12, 2023 -

Looking at deals from a publisher side in Google Admanager a PMP deal seems to me the umbrella term for (Programmatic) Guaranteed (PG), Preferred Deals (PD) and Private Auctions. (Even tough PMP is not Google AdM terminology.)

However, the way agencies and advertisers phrase things has me confused.

First of all: they never mean a PG deal. Instead this is usually just referred to as a Direct Deal, ‘IO based deal’, or something similar referring to a contract. (To make things even more confusing, some clients seem to use 'direct deal' as an other word for PMP deal)

Then: most of the agencies will just ask you for a PMP deal and expect you to set up a PD. However, not all of them, as one reminded me; “PMP means ‘private - market place’, so I need you to set up a private auction”.

All in all it seems best to avoid the term PMP altogether? But what would you say it means when setting up a deal?

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Mediavine
mediavine.com › home › what is pmp? private marketplace deals from mediavine’s perspective
What is PMP? Private Marketplace Deals From Mediavine's Perspective - Mediavine
September 4, 2020 - In advertising sales, these are also referred to as Deal IDs (DIDs), Private Auctions, Preferred Deals or Programmatic Guaranteed deals — the latter of the three are different variations of essentially the same thing. I don’t blame you if that word salad left you a little confused. PMP makes more sense within the context of the programmatic ecosystem as a whole, which includes the Open Marketplace (OMP).
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Integral Ad Science
integralads.com › home › programmatic advertising glossary
Programmatic Advertising Glossary - Integral Ad Science
February 19, 2025 - DSPs allow buyers to transact in the open exchange or private marketplaces (PMP), and generally are integrated with third-party data providers and verification partners for targeting and reporting purposes.
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AdQuick
adquick.com › adtech › pmp-private-marketplaces
What Are Private Marketplaces (PMP)? | AdQuick
Private marketplaces are invite-only online environments where advertisers and publishers can buy and sell ad inventory. Unlike open exchanges, private marketplaces provide a more exclusive and controlled environment for ad transactions. PMPs often have higher-quality inventory, more brand-safe ...
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SmartyAds
smartyads.com › home › blog › programmatic 101
Mastering PMP Advertising for Real Impact - SmartyAds
December 13, 2023 - What are the key advantages of choosing PMP for my advertising campaigns? PMP meaning in advertising is huge. It is here to offer exclusive access to premium inventory, ensuring brand safety and targeting precision. Private advertisers benefit from enhanced transparency, direct relationships with publishers, and reduced ad fraud.
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Gourmet Ads
gourmetads.com › glossary › pmp
PMP | PMP Advertising | Programmatic Advertising Glossary
April 9, 2024 - PMP is an abbreviation that stands for Private Marketplace – an exclusive domain within the realm of programmatic advertising. Contrary to the general access nature of public marketplaces, PMP operates on a strictly invitation-only basis.
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Advant Technology
advanttechnology.com › private-marketplace-deals-pmps
Private Marketplace Deals (PMPs) | Blog | Advant Technology
January 15, 2025 - Compared to open auctions, PMP is an invitation-only bidding process where publishers invite selected buyers to take place in real-time bidding to purchase their inventory. The minimum price of the bids is referred to as ‘floor price’ and ...
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Gourmet Ads
gourmetads.com › articles › programmatic-guaranteed-vs-pmp
Programmatic Guaranteed vs. PMP | Gourmet Ads
October 25, 2024 - Programmatic Guaranteed deals involve ... and predictable outcomes, while PMP deals provide access to premium inventory through a competitive bidding process without guaranteed placements....
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Tatari-tv
tatari.tv › insights › private-marketplaces-in-ctv-advertising
Private Marketplaces in CTV Advertising
Think of private marketplace advertising as a digital automatic exchange involving exclusive participants that utilize real-time bidding (RTB). Unlike open marketplaces, PMPs are invite-based, meaning that ad inventory is closed for the majority of advertisers, and access is only provided for selected and reputable ones.
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Clearcode
clearcode.cc › blog › understanding rtb, programmatic direct and private marketplace
Understanding RTB, Programmatic Direct, and PMP
October 2, 2025 - As RTB auctions are triggered ... reserved, automated guaranteed, and the like), or PMP for short, is an invite-only variation of the RTB model....