Log in Contact us

Second Price Auction

A type of auction where the winning bidder pays an amount equal to the second-highest bid plus one cent. For example, if the highest bid is $5.00 and the second-highest bid is $4.50, the winner pays $4.51 in a second-price auction.

Join our newsletter

Perspective on AI-driven advertising, straight to your inbox. No spam

Perion acquires PRN, adding in-store media to complete the customer journey