Guide

PMP advertising

A practical guide to private marketplaces

Private marketplace (PMP) advertising refers to exclusive programmatic auctions where premium publishers offer their ad inventory to a list of approved advertisers. Unlike open exchanges, PMPs provide higher quality placements, greater brand safety, and direct collaboration between brands and media owners.

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Amazon DSP is a demand-side platform that lets brands programmatically buy and deliver ads across channels and devices.

In this course, you will learn how to gain access to premium publisher inventory using PMP deals in Amazon DSP.

What is a private marketplace deal?

A private marketplace (PMP) deal is an invitation-only programmatic arrangement where select buyers bid on premium publisher inventory available exclusively through direct deals. PMPs allow you to gain access to this inventory while applying the full suite of Amazon DSP capabilities.

PMP deal types include both private auctions and preferred deals, and can utilize deal IDs to prioritize inventory for a buyer.

Example of a PMP deal

Accent Athletics wants to access ad inventory on a sports website for an upcoming ad campaign that promotes the sale of their basketballs. They would also like to use Amazon audiences as part of this campaign. To accomplish this, Accent Athletics can leverage a private marketplace deal to access exclusive inventory directly from the sports website. Accent Athletics can then use Amazon DSP to set up their campaign to access the website’s inventory to reach Amazon audience segments.

What is PMP advertising?

PMP advertising is an invite-only, programmatic way for publishers to make premium inventory available to a limited set of buyers. Unlike the open exchange or open auction, PMPs let publishers curate inventory, set floor price rules, and negotiate custom PMP deals—while buyers access higher quality placements, enhanced transparency, and greater brand safety.

How does PMP advertising work?

At its core, a PMP is still programmatic advertising, but with guardrails and negotiation baked in. There are five key stages:

  1. Publisher (or supply-side platform (SSP)) curates premium inventory and invites a group of advertisers to participate.
  2. Each deal is represented by a Deal ID that travels through the bidstream so buyers can target and report on specific private marketplace deals.
  3. Buyers use a demand-side platform (DSP) to bid in a private auction, accept preferred deals, or implement programmatic guaranteed arrangements depending on the deal type.
  4. Floor price and base bids are negotiated or set by the publisher so the cost per mille (CPM) rates reflect the premium nature of the inventory and the level of exclusivity desired.
  5. Programmatic elements such as real-time bidding (RTB), automated targeting, and audience targeting continue to operate—but within a curated, often more transparent environment.

Types of PMP deals

Private auction

Private auction deals allow you to pay a varied CPM across multiple sites or publishers.

Example of a private auction

Let’s say Advertiser X is looking to secure ad inventory across a variety of sites owned by example.com and is willing to pay between $10–$15 CPM. To achieve this, Advertiser X finds a private auction deal with a floor price of $10, allowing them to serve on this inventory and pay a varied CPM across multiple sites.

How are private auction deals different from open auction deals?

Private auction deals are similar to an open auction, except that the publishers restrict participation to selected advertisers only. In a private auction, the private deal gives an exclusive group of advertisers priority to bid on the open inventory. Advertisers will still need to compete for the highest bid.

Characteristics of private auction deals

Private auction deals are based on a floor price. Private auction deals work on a second price auction where the highest bidder wins the impression but pays a penny more than the second highest bid. Characteristics of a private deal include:

  • Deal arrangement: Price and inventory negotiated with the publisher
  • Price structure: Floor price
  • Auction set up: 1:1
  • Competition: Often competing with other buyers

Preferred deal

Preferred deals allow you to negotiate a fixed price of inventory with the publisher.
Preferred deals are based on a direct arrangement between a buyer and a seller. The buyer and seller agree on a flat price (CPM based) that the buyer pays. As long as the buyer bids at or above the negotiated fixed price, the inventory goes to that single participating buyer.

Example of a preferred deal

For example, Advertiser Y is looking to secure inventory on the homepage of xyz.com and wants to buy it for $20 CPM. Entering into a preferred deal with the publisher would guarantee their inventory at a fixed price.

Characteristics of preferred deals

If the buyer’s bid is above the fixed price, the buyer still pays only the fixed price. Generally, preferred deals tend to have higher CPMs as compared to the open exchange because the publisher makes one specific buyer privy to their premium inventory before anyone else.

  • Deal arrangement: Price and inventory negotiated with the publisher
  • Price structure: Fixed price
  • Auction set up: 1:1 deal between the publisher and buyer exclusively
  • Competition: Prioritized placement and custom execution

Programmatic guaranteed deal

Programmatic guaranteed (PG) deals are pre-negotiated, invitation-only deals where the seller guarantees a fixed volume of impressions at a fixed price. The seller manages targeting and decisioning. When targeting a PG deal, there are specific validation rules that must be followed. Additionally, PG Share of Voice (PG SOV) deals have their own validation rules.

Types of PMP deals with Amazon Ads

There are different types of PMP deals available on Amazon DSP. The type of deal you use will depend on the type of inventory you want to buy.

For both private auctions and preferred deals, once the setup is finalized on both sides (publisher and buyer), a deal ID is generated. This deal ID is a system-generated number that buyers use to target the inventory. The deal ID is essentially a key that's passed on a bid request and a bid response including all the associated terms.

Choosing the right ad inventory for your PMP deal campaign

Amazon DSP is compatible with a number of different ad formats available via PMP inventory. You may choose the inventory you want to run on based on ad relevancy, performance, or cost efficiency.

View a full list of Amazon Ads open internet supply sources. You must have an Amazon DSP account to access this list.

Why do brands and advertisers use PMPs?

Brands and advertisers use PMP advertising because it addresses several pain points of the open marketplace while preserving many programmatic advantages.

For brands and media owners navigating privacy, fragmentation, and quality concerns, PMP advertising offers a middle path: programmatic scale with premium control.

Access to premium inventory

Higher-quality placements (homepage, CTV front-of-house, curated digital out-of-home (DOOH) screens) are more commonly offered via PMPs.

Brand safety and contextual control

Publishers and buyers can agree on policies, allow lists, and block lists to reduce fraud and unsafe placements.

Transparency

PMPs often provide clearer reporting and easier mapping between spend and inventory performance.

Audience targeting and first-party data

Buyers can combine first-party data, clean-room insights, and platform identifiers to activate more relevant audiences.

Custom deal structures

Time bidding, dayparting, frequency caps, creative specs, and negotiated floor price are all negotiable.

Priority over the open exchange

In many setups, PMP bids can win before open auction bids are considered, improving win rates for strategic buys.

Why do publishers run PMPs?

For media owners, PMPs are about revenue optimization and control.

Premium CPMs and predictable revenue

Curated inventory commands higher CPMs and often more stable demand.

Inventory control

Publishers set floor price, select advertisers, and protect editorial context.

Direct relationships

Private deals encourage longer-term partnerships between publishers' sales teams and buyers.

Efficient monetization

PMPs cut down on noisy open marketplace traffic and fraudulent bids, improving yield.

PMP vs. open exchange vs. programmatic guaranteed

Private marketplace (PMP)

A private marketplace is an invite-only auction that connects you with premium publishers offering their highest-quality inventory to a curated group of advertisers.

How it works

Publishers extend access to select advertisers through a unique Deal ID. Depending on the deal type, buyers either bid against a negotiated floor price (private auction) or purchase impressions at a fixed, pre-agreed rate (preferred deal)—all within a closed, invitation-only environment.

Pricing

Fixed minimum (floor) CPMs are negotiated in advance, giving you cost predictability alongside auction-based flexibility.

Inventory and scale

Premium. Inventory is non-guaranteed—you win the impression only if your bid is highest and meets the publisher's criteria—but the quality is consistently elevated.

Best for

Brand awareness campaigns, reaching niche audiences on trusted sites, and securing premium placements with built-in brand safety controls.

Open exchange (open auction)

The open exchange is a public, real-time bidding (RTB) marketplace designed for scale and efficiency. It gives you access to vast pools of ad inventory across thousands of publishers—all in a single, automated auction.

How it works

Publishers make available inventory accessible to all advertisers simultaneously. You set a maximum CPM you're willing to pay, and the highest bid wins the impression—instantly.

Pricing

Dynamic. The open exchange is typically the most cost-effective buying method, giving you high-volume reach at competitive rates.

Inventory and scale

Massive. Inventory is non-guaranteed and spans the full spectrum—from premium placements to broad reach.

Best for

Direct-response campaigns, retargeting, scaling volume efficiently, and testing creatives or audiences before committing larger budgets.

Programmatic guaranteed

Programmatic guaranteed brings the certainty of traditional media buying into a fully automated, programmatic workflow—removing the manual complexity of direct insertion orders.

How it works

You negotiate directly with a specific publisher to reserve a defined volume of impressions at a fixed price. There's no auction. It's a one-to-one deal, executed programmatically through your demand-side platform (DSP).

Pricing

Fixed, pre-negotiated CPM—no bidding, no variability.

Inventory and scale

Exclusive. Your impressions are 100% reserved and guaranteed, giving you complete control over delivery.

Best for

Major product launches, site takeovers, securing 100% share of voice, and campaigns where guaranteed delivery of premium impressions is non-negotiable.

PMP advertising in CTV and DOOH

Connected TV (CTV) and digital out-of-home (DOOH) have adopted PMP models rapidly because advertisers demand brand-safe, contextual, measurable placements outside the browser. PMPs allow buyers to reserve premium CTV channels or curated DOOH screen networks to enable the following.

  • Higher quality viewability and completion metrics for video buys.
  • Curated audience targeting (e.g., show- or channel-level targeting) tied to Deal ID visibility.
  • Integration of first- and zero-party data to reach the right households.

As the streaming landscape fragments, PMPs help advertisers stitch together connected, brand-safe inventory across multiple publishers and platforms.

Common misconceptions and FAQs

Does PMP eliminate fraud?

No. PMPs reduce exposure to some types of fraud by limiting bidders and improving transparency, but they are not immune. Always validate inventory, use verification vendors, and consider clean-room measurement.

Are PMP deals always more expensive?

PMP CPMs are typically higher because you're buying premium inventory and transparency—but better return on investment (ROI) is possible through improved viewability, lower invalid traffic, and more accurate audience targeting.

Do you need a big budget to use PMPs?

Not necessarily. There are scaled private auctions and preferred deals that can work for mid-market advertisers as well as global brands. Focus on negotiating the right floor price and pacing with the publisher's sales team.

Best practices and optimization strategies for PMP advertising

Effective PMP campaigns go beyond securing a deal—they require intentional setup, ongoing optimization, and close collaboration with publishers. Here's how to get started and maximize the value of your private marketplace investments.

Define objectives and KPIs up front

Is this a brand lift, reach, or performance activation? Match deal type accordingly (preferred vs. guaranteed).

Use first-party and clean-room insights

Combine first-party insights with DSP targeting to prioritize high-value audiences while respecting privacy.

Negotiate floor price and pacing

Work with the publisher's sales team to set realistic floor price and delivery windows rather than accepting default base bids.

Leverage Deal IDs for measurement

Track performance by Deal ID in your DSP and analytics stack for transparent reporting.

Test creative and format

Premium inventory often benefits from bespoke creative (long-form video on CTV, dynamic creative for DOOH). Test variants within the deal.

Prioritize transparency

Ask for bid-level data, viewability, and placement reports to ensure you know where ads run.

Guard against fraud

Use verification, block lists, and open lines with publishers. PMPs reduce risk but don't remove it.

Optimize toward outcomes

If the deal is negotiated on CPM, layer conversion or engagement metrics to guide optimization in the DSP.

Amazon Ads recommends setting up a separate campaign each time you run a PMP deal. This allows you to manage a total budget for the order and each line item in the order, giving full control over the deal's delivery.

Setting up a PMP campaign is the same as setting up other campaigns on Amazon DSP. You just need to be considerate of the supply source and if settings are overlaid on the SSP side. Learn how to add a deal on Amazon DSP.

Practical pre-launch deal checklist

Do you have the correct seat ID for your SSP?

Some SSPs require a child seat for deals using an API. This will be provided by your Amazon Ads representative. Confirm with your representative which SSPs require a child seat before setting up your deal.

What is the price?

It is important to know the negotiated rate when setting up the deal as the floor price needs to match the SSP. This is to ensure the deal is set up correctly.

Is it a preferred deal or private auction deal?

This is important if you have to manually set up the deal, otherwise you may not receive bid requests.

Are the correct settings (if any) applied on the publisher side?

If you need pre-bid settings applied, it is a best practice to have pre-bid settings applied on the publisher side.

Does the publisher know how much inventory is required?

Publishers need to send enough inventory for your campaign in order to deliver in full.

Industry trends and the future of PMPs

Several forces are shaping PMP adoption and how brands approach private marketplace deals.

Privacy-first landscape

As third-party identifiers decline, PMPs combined with first-party data and clean-room analytics will become a key way to preserve targeting and measurement.

CTV and DOOH growth

These channels are increasingly transacted via private marketplace deals to preserve contextual alignment and brand safety.

More curated programmatic offerings

Publishers are packaging premium inventory into curated collections and auction packages to attract buyers seeking transparency and scale.

Brands that marry audience insight with negotiated access to premium inventory will be best positioned to convert reach into meaningful engagement.

Manage PMP deals with Amazon Ads

Amazon DSP

Amazon DSP is a demand-side platform that enables brands to programmatically reach audiences across Amazon-exclusive properties like Prime Video, Twitch, and Amazon.com, as well as thousands of third-party premium publishers and apps. With unique audience signals based on browsing, shopping, and streaming insights, Amazon DSP helps you deliver relevant ads across display, online video, audio, and streaming TV formats.

With Amazon DSP, you can access premium publisher inventory available exclusively through direct deals with publishers, while applying the full suite of Amazon DSP capabilities—including Amazon's first-party audiences, campaign performance visibility, and AI-powered optimization.

Conclusion

PMP advertising balances programmatic automation with publisher control—delivering premium inventory, improved brand safety, and greater transparency than the open exchange. With deal types ranging from private auctions to preferred deals and programmatic guaranteed, advertisers can choose the right trade-off between exclusivity, price, and delivery guarantees.

Successful PMP strategies combine first-party data, clear KPIs, Deal ID-based measurement, and close collaboration with publishers' sales teams. As CTV and DOOH expand, private marketplace deals will become a core tool for brands that want curated, high-impact placements at scale.

If you’d like additional support and guidance, reach out to request services managed by Amazon Ads. Budget minimums apply.