Seeing that NBCUniversal is offering Deal ID access to live coverage of the Macy's Thanksgiving Day Parade on Peacock feels like a real turning point for programmatic media. It’s a PMP (private marketplace) deal and non-guaranteed inventory, which always comes with delivery risks—especially for a placement that’s only live for a few hours and competing with direct buys that lock in guaranteed impressions. But if this goes well, it’s easy to see how this could reshape access to tentpole events for programmatic buyers. Imagine the possibilities for 2025: Oscars, Grammys, Emmys, the Super Bowl, and even events like the Met Gala. These are the cultural moments where brands want to be seen, but they’ve historically been locked behind sky-high budgets and direct relationships that cater to household names with national reach. Opening these placements to regional brands through PMP deals gives those with more limited footprints a chance to stand alongside iconic moments, leveling the playing field in a way that hasn’t been done before. Of course, the key will be execution. Can a programmatic placement deliver the scale, reach, and alignment necessary to make it worthwhile in such a compressed timeframe? I’ll be watching this one closely because if NBCU nails it, the ripple effects could be huge. Would love to hear from other buyers! What would it take for you to trust PMP inventory for an event like this? Which events would you most like to see get the same treatment?
Did you know that the Macy's Day Parade is still the largest TV event of the year outside of the Super Bowl in terms of ad revenue? To your point, opening these types of events up to additional buying structures allows for advertisers who might not have had the budget to purchase a sponsorship or a linear spot to get in on one of the largest events of the year without centering their entire budget on a singular day/event. Will be interesting to see what types of price benchmarks and takeaways we can learn from this first-time expansion into programmatic.
Programmatic Advertising Strategy | CTV/OTT Specialist | Driving Digital Media Innovation & Growth
3moKey takeaways from running on this inventory: 1) Strong Delivery: Despite initial concerns, we saw solid delivery across the board for this PMP deal. 2) Bidding Strategy: Bids need to be significantly higher than the floor CPM to drive a decent win rate. 3) Geo-Targeting: Targeting at the DMA level still delivered strong volume, making it a viable approach even for more localized campaigns. 4) Behavioral Targeting: While aligning behavioral targeting drove some volume, removing it entirely proved to be the best path for maximizing scale. For anyone planning to test premium, event-driven placements like this, prioritize simplifed targeting and bidding well above the floor rate to ensure you’re competitive.