In today’s fast-paced digital advertising world, knowing how people react to price changes is more important than ever. This reaction, known as elasticity, measures how customer demand shifts when costs go up or down. For businesses, this knowledge is vital for increasing revenue and gaining a stronger position in a competitive market. This relationship becomes …
Imagine a global marketplace where over 350,000 digital ads trade hands every second. This lightning-fast environment operates beyond human speed, where software makes decisions in milliseconds. Welcome to the world of automated ad buying. This system functions like a digital stock exchange. Content creators list their available ad space, while marketers use algorithms to bid …