How would you allocate a $10 million programmatic budget in 2025?

Programmatic budget allocation remains challenging for marketers targeting niche audiences. Amanda Martin, Chief Revenue Officer at Mediavine, explains how to maximize $10 million in programmatic spend for specialized markets. She recommends starting with seed audience data to build lookalike models, letting DSP algorithms identify where your actual customers consume content rather than making assumptions, and testing smaller budget increments before scaling successful campaigns.

Episode Chapters

  • 00:41: DSP Selection Strategy

    Choosing the right demand-side platform based on campaign objectives and organizational sophistication level forms the foundation of effective programmatic spending.

  • 01:15: Campaign Learning Insights

    Programmatic campaigns often reveal audience behaviors that contradict initial brand assumptions, providing valuable data-driven insights for optimization.

  • 01:56: Audience Definition Challenge

    Targeting niche B2B audiences like podcast producers requires moving beyond assumptions to data-driven audience identification and measurement strategies.

  • 02:26: Seed Audience Modeling

    Building programmatic campaigns from existing customer data through lookalike modeling and third-party data expansion delivers more effective audience targeting than cha el-first approaches.

  • 03:23: Budget Risk Assessment

    Large programmatic budgets targeting small audiences require careful pacing and testing strategies to minimize risk and optimize return on ad spend.

Episode Summary

  • Strategic Programmatic Budget Allocation for 2025: A $10 Million Framework

    Introduction

    Amanda Martin, Chief Revenue Officer at Mediavine, brings a unique perspective to programmatic advertising strategy, having worked on both the buy and sell sides of the industry. As the leader at the largest independent ad management firm in the US, Martin shares practical insights on how to effectively allocate a substantial programmatic budget while avoiding common pitfalls that waste millions in ad spend. Her approach challenges conventional thinking about audience targeting and cha el selection.
  • The Foundation: Technology and Algorithm-Driven Decision Making

    Martin's primary recommendation for allocating a $10 million programmatic budget centers on selecting the right demand-side platform (DSP) based on your sophistication level and campaign objectives. More importantly, she emphasizes the critical need to embrace the technology's capabilities rather than fighting against them. "Lean into the tech, lean into the learnings, lean into the insights, lean into the algorithms," Martin advises. This approach recognizes that rigid, predetermined buying strategies fail to leverage programmatic advertising's most powerful features - its ability to discover and optimize toward your actual audience in real-time.
  • Learning from Campaign Data

    One of the most valuable aspects of programmatic advertising is its ability to reveal surprising truths about your audience. Martin highlights how campaigns often show results that contradict a brand's assumptions about their target market. By remaining flexible and responsive to these insights, marketers can redirect their budgets toward cha els and audiences that actually drive results, rather than those they initially assumed would perform well.
  • Audience-First Strategy: The Buy Side vs. Sell Side Disco ect

    Martin reveals a fundamental disco ect in the advertising ecosystem that many marketers overlook. Publishers focus intensely on their content and why readers visit their sites, while advertisers concentrate on finding their audience wherever they may be. This insight shapes her recommended approach: start with a clear definition of your audience, even if it begins with just a seed list of current customers. From there, use lookalike modeling and third-party data to expand your reach intelligently.
  • Cha el Selection Through Data

    When pressed about specific cha el allocation for a niche B2B audience like podcast producers, Martin's response challenges assumptions. Rather than automatically investing heavily in podcast advertising to reach podcast producers, she suggests letting data guide cha el selection. Her prediction? Most of the budget would likely go to open web video advertising, with audio and potentially co ected TV playing supporting roles, depending on audience size and CPM efficiency.
  • Risk Management and Testing Framework

    Perhaps the most practical advice Martin offers concerns risk management with large budgets. When asked whether to invest the full $10 million in programmatic or pocket it, she provides a measured response: "Define what your return on ad spend is and then figure out if $10 million is a risk or a reward." For niche B2B audiences, she recommends a phased approach - breaking the budget into smaller test campaigns to identify wi ing strategies before scaling investment.
  • Conclusion

    Martin's framework for programmatic budget allocation in 2025 prioritizes flexibility, data-driven decision making, and audience understanding over cha el preferences or predetermined strategies. By starting with seed audiences, embracing algorithmic optimization, and testing incrementally, marketers can transform a $10 million budget from a risky gamble into a strategic investment. The key is resisting the urge to lock in fixed buying strategies and instead allowing programmatic technology to reveal where your audience actually engages and converts.
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