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The Madison Avenue Field GuideA field guide to marketing & advertising, by Brandon Mina

GlossaryAdtech & ProgrammaticBuy Side vs. Sell Side

Adtech & Programmatic

Buy Side vs. Sell Side

The buy side (advertisers, agencies, DSPs) purchases ad inventory; the sell side (publishers, SSPs, exchanges) offers and monetizes it.

By Brandon MinaCEO, BrandPilot AIUpdated November 2026

Appears in Lesson 2 of Programmatic 101

Short answer

The buy side and sell side are the two halves of the advertising market. The buy side, including advertisers, agencies, and DSPs, purchases ad inventory to reach audiences. The sell side, including publishers, SSPs, and exchanges, offers and monetizes that inventory. Each side uses its own technology and pursues different goals around price and performance.