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

GlossaryAdtech & ProgrammaticWin Rate

Adtech & Programmatic

Win Rate

The percentage of bids a buyer submits that win their auctions; low win rates often signal bids too low or targeting too narrow.

By Brandon MinaCEO, BrandPilot AIUpdated November 2026

Appears in Lesson 3 of Programmatic 101

Short answer

Win rate is the percentage of bids a buyer submits that win their auctions, calculated as impressions won divided by bids placed. A low win rate often signals bids that are too low, floors that are too high, or targeting that is too narrow. A very high win rate can indicate overbidding.