ad exchangevscrossselling
Relasjonsforklaring
An ad exchange is a digital marketplace where advertisers and publishers buy and sell ad inventory programmatically, enabling highly targeted and real-time ad placements. Cross-selling, in marketing and business, involves promoting additional or complementary products to existing customers to increase customer lifetime value. The relationship between ad exchanges and cross-selling lies in the ability of ad exchanges to facilitate precise audience targeting and dynamic ad delivery, which marketers can leverage to execute cross-selling strategies at scale. Specifically, by using data-driven insights and user behavior signals available through ad exchanges, businesses can identify customers who have purchased or shown interest in a particular product and then serve them personalized ads for related products across multiple publishers and platforms. This real-time, programmatic approach enhances the effectiveness of cross-selling campaigns by reaching the right customer with the right complementary offer at the right moment, thereby increasing conversion rates and average order value. Without ad exchanges, cross-selling efforts would be limited to owned channels or less scalable, less targeted advertising methods. Therefore, ad exchanges act as a critical enabler for scalable, data-informed cross-selling in digital marketing strategies.
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ad exchange
A digital marketplace that enables advertisers and publishers to buy and sell advertising space through real-time auctions.
crossselling
The practice of selling an additional product or service to an existing customer, often related to the original purchase.