Programmatic media trading allows brands to meet marketing goals through automated digital ad buying. It connects advertisers with premium publishers via real-time bidding on ad exchanges. Programmatic buying offers benefits like improved targeting, consolidation of buying points, and greater efficiency. Feedback from buyers has been positive, citing increased ROIs and efficiency. For publishers, programmatic buying fueled by data and audience targeting is expected to increase CPMs. Private marketplaces offer advertisers preferential access to quality inventory in brand-safe environments in exchange for higher CPMs.