A private marketplace (PMP) allows select buyers to bid on a publisher's premium inventory in a real-time bidding auction prior to lower tiered open exchanges. PMPs provide contextual targeting, data, custom deal terms, and prioritization of ads. They ensure quality by maintaining a gated environment for advertisers. Research shows ads on premium publishers drive 67% higher brand lift, as the contextual environment and association with the publisher brand create a "halo effect" that positively changes how consumers think and feel about brands. To work well with publishers programmatically through PMPs requires transparency, understanding each partner's contributions, flexibility, and expecting a partnership rather than a one-sided relationship.