Programmatic Guaranteed vs. Preferred Deals

Programmatic Guaranteed campaigns have inventory reserved only for the buyer in the deal, while the buyer can optionally buy the negotiated inventory in Preferred Deals.

You can negotiate both Programmatic Guaranteed and Preferred Deal (non-guaranteed) campaigns with Programmatic Direct.

• Programmatic Guaranteed: You and the buyer negotiate a price and terms for inventory that's reserved (guaranteed) for that buyer. Inventory is designated only for that buyer at that price.
• Preferred Deal: You and the buyer negotiate a price and terms for inventory that the buyer can optionally buy. The buyer has an initial, or "preferred," opportunity to bid at the negotiated price when there's an ad request for the inventory. Preferred Deals are non-guaranteed because:
  • The inventory negotiated isn't reserved for the buyer—you can opt to reserve it in a guaranteed campaign for a better price.
  • Buyers aren't required to buy the inventory.

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Line item types

Line item type determines rate type and the kind of campaign you want to negotiate. Quantity entered varies based on the campaign type you're negotiating.

• Proposals can contain Programmatic Guaranteed proposal line items (Standard or Sponsorship) or Preferred Deal (non-guaranteed) proposal line items, but not both.
• If there’s more than one Preferred Deal targeting the same inventory at the same 

  CPM rate, and they’re eligible for the same ad request, Ad Manager chooses the winning buyer randomly.

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Line item and rate type	Campaign type	Quantity entered
Sponsorship CPD	Guaranteed	Billing threshold per day Billing threshold is the minimum impressions that must be exceeded each calendar date for you to earn revenue on any given day of delivery. A calendar date is 12:00 am to 11:59 PM (in the publisher's time zone) on a given day of delivery. A campaign must deliver at least one impression above minimum, even if it serves only part of the calendar date. If the campaign fails to deliver this minimum: The advertiser is not billed. You won't be compensated for delivery for that day. Billing threshold protects advertisers against paying CPD flat fees for line items that fail to meet an agreed minimum.
Sponsorship CPF	Guaranteed	Billing threshold total cost  Minimum number of impressions that must be exceeded throughout the course of delivery. To exceed, impressions must meet or exceed the value entered. If the campaign fails to deliver this minimum within the flight dates: The advertiser is not billed You won't be compensated for delivery Billing threshold total cost allows advertisers to bill a total cost for the entirety of a deal without complexities.
Sponsorship CPM (Display & Video 360 and other demand-side platforms that have integrated)	Guaranteed	Impression limit This limit specifies the maximum lifetime number of impressions on the sponsorship the buyer is willing to pay for.
Standard CPM	Guaranteed	Contracted quantity The scheduled quantity of impressions reserved for the buyer under the dates and terms of a specific campaign
Preferred Deal CPM	Non-guaranteed	Estimated quantity Impression value that reflects the estimated delivery for the lifetime of a Preferred Deal line item. This value does not affect ad serving and can be used to monitor and troubleshoot delivery for preferred deals.