What is media buying?

Media buying is the purchase of ad placements on platforms such as Meta, Google and native ad networks, with the goal of reaching a defined audience at a cost that makes sense. A media buyer is the person who plans, buys and manages those placements. In lead generation, media buying means paying for traffic that becomes leads.

By Russell Brown, founder of Summit LeadsUpdated How we write and check guides

Key points

  • Media buying is paying for ad placements; media planning is deciding which placements to buy and why.
  • A media buyer may work at an agency, in-house at a brand, or as an affiliate buying traffic with their own budget.
  • For lead gen, media buying follows five stages: plan, buy, creative, tracking and optimization.
  • Lead gen media buyers judge campaigns on sold leads and returns, not on clicks or raw form submissions.

What is media buying in advertising?

Media buying is the work of buying space or time to show ads. "Media" means the places ads appear: TV and radio, print, websites, apps, social feeds and search results. The buyer pays the owner of that media to show an ad to its audience.

Media buying used to mean negotiating with a sales team for a fixed placement, such as a radio slot or a magazine page. Most digital media is now bought through self-serve ad platforms that run an auction for each ad impression. Bids are one factor in those auctions, not the only one. Google’s help page on the Google Ads auction lists the bid, ad quality, the context of the search and other factors. Meta’s page on ad auctions says its auction weighs relevance and creative, not only the highest bid.

Media buying vs media planning

The two terms are often used together. Media planning decides which audiences to reach, on which platforms, with what budget and over what period. Media buying carries out that plan: setting up campaigns, placing bids, launching ads and adjusting them. In a large agency, different people may do each job. In affiliate lead generation, one person usually does both.

What is a media buyer?

A media buyer is the person responsible for spending an ad budget so that it produces a result: sales, app installs, calls or leads. Day to day, a media buyer:

  • Chooses traffic sources and sets up campaigns, ad sets and targeting.
  • Sets budgets and bids, and decides how fast to spend.
  • Briefs or writes ad creative and the page the ad links to.
  • Sets up tracking so every result can be traced to a campaign and an ad.
  • Reads results, cuts what does not work and adds budget to what does.
  • Keeps campaigns within the ad platform’s policies and the offer’s rules.

What are media buyers, by type?

Media buyers fall into three broad groups. The difference is whose money they spend and how they are paid.

Types of media buyers
TypeWhose budgetHow they are paidWho carries the risk
Agency media buyerThe client’sSalary at the agency; the agency charges the client a fee or commissionMostly the client
In-house media buyerThe employer’sSalaryThe employer
Affiliate or performance media buyerTheir own, or their company’sPayment on results, such as per lead, per sale or rev shareThe buyer

Publishers in a pay-per-lead or rev share program are the third type. They buy traffic, send it to an offer, and are paid when that traffic produces leads that sell. See what is a lead gen affiliate.

How media buying works for lead gen

Media buying for lead generation follows the same five stages on every traffic source. The detail changes by platform; the order does not.

  1. Plan

    Pick one offer, the states you will target and one traffic source. Decide what a good result is before you spend: sold leads with few returns, not clicks.

  2. Buy

    Set up the campaign, choose targeting and placements, and set a test budget you can afford to lose while you learn.

  3. Creative

    Write the ads and, if the source needs it, the advertorial or pre-lander between the ad and the form.

  4. Tracking

    Use the offer’s tracking link with sub IDs for campaign, ad set and ad, so every lead can be traced back.

  5. Optimization

    Compare ads, audiences and placements on sold leads and returns. Cut the losers, keep testing, and add budget slowly to what works.

Step 1: Plan the test

Write the plan down before you open an ad account. It should name the offer (for example car accident or roofing), the states, the traffic source, the test budget, the number of ads you will test, and the point at which you will stop or continue. How to plan a first test campaign has a template. Read the offer terms first: how to evaluate a lead gen offer.

Step 2: Buy the traffic

Each source has its own buying model. On Meta you buy reach inside an audience, and the platform decides who sees the ad. On Google search you bid on keywords that show intent. On native ad networks you buy clicks on placements across content sites. Compare them in traffic sources.

Step 3: Build the creative

For lead offers, creative has two jobs: get the right person to click, and set an accurate expectation of what comes next. Ads that overpromise bring clicks from people who do not qualify, and those leads go unsold or get returned. See how to test ad creative for lead offers.

Step 4: Track every lead to its source

Without tracking, a media buyer cannot tell which ad paid for itself. Put the campaign, ad set and ad IDs into sub IDs on the tracking link and test the link before launch. Tracking links and sub IDs explained covers the setup. Ask during onboarding which other tracking options apply to your account.

Step 5: Optimize on sold leads

Join your spend data from the ad platform with your lead results by sub ID. Then decide, ad by ad: keep, change or cut. When something works, add budget in steps rather than all at once. When to cut a losing lead gen campaign and how to scale a winning lead gen campaign cover both decisions.

Buying Meta, Google or native traffic for MVA or home improvement offers? Apply as a publisher.

How a lead gen media buyer measures results

Numbers a lead gen media buyer tracks
NumberWhere it comes fromWhat it tells you
SpendAd platformWhat you paid for the traffic
ClicksAd platformHow many people reached the page
Leads submittedOffer reporting, by sub IDHow many visitors filled in the form
Sold leadsOffer reporting, by sub IDHow many leads a buyer accepted; this is what pays
ReturnsOffer reporting, by sub IDLeads deducted later under the return terms
Net revenueOffer reportingWhat you earned after returns

Example (made-up round numbers, for illustration only): a test spends $1,000 and produces 50 submitted leads. 30 sell, and 3 are later returned. If rev share on the 27 that remain totals $900, the test lost $100. The useful questions are which ads and placements produced the sold leads, and whether cutting the rest would have made the test profitable.

Notice that the click and lead counts do not decide anything on their own. A campaign with fewer leads and more sold leads is the better campaign. How to increase your sold rate explains what moves that number.

Media buying with Summit

Summit Leads is a lead generation brokerage that buys and sells MVA / personal injury and home improvement leads by real-time ping/post. Publishers do the media buying; Summit provides the landers and sells the leads.

  • You buy traffic on an approved source: Meta, Google, native ad networks, or SEO and rank-and-rent sites.
  • You send it to Summit landers through your tracking link with sub IDs.
  • Summit captures TCPA consent on every lead and routes each lead to buyers in real time.
  • You are paid rev share on sold leads. Unsold leads are not paid, and returns are deducted under return terms agreed during onboarding.
  • Every publisher is reviewed before going live. Payment terms are agreed during onboarding.

See the publisher program and the traffic guidelines for the full rules.

Common mistakes

  • Testing several sources at once. Start with one source and one offer so you can tell what caused the result.
  • Optimizing on clicks or form fills. Only sold leads are paid. Judge by sold leads and returns.
  • Launching without sub IDs. Without them, you cannot tell which ad produced which lead.
  • Raising budget too fast. Large jumps can change who sees the ads. Add budget in steps and watch sold leads.
  • Ignoring platform policy. A rejected ad or a restricted account stops all spend. Read the platform’s policies before you write the ad.
  • Changing the offer page. On hosted landers, the consent language is fixed. Your control is the traffic, not the form.

Frequently asked questions

What is a media buyer?

A media buyer is the person who spends an ad budget to produce a result. They choose traffic sources, set up campaigns, set bids, manage creative and tracking, and adjust campaigns based on results.

What are media buyers paid?

It depends on the type. Agency and in-house media buyers usually earn a salary. Affiliate media buyers are paid on results, such as per lead or a rev share on sold leads, and carry the risk of the ad spend themselves.

What is the difference between media buying and media planning?

Media planning decides which audiences, platforms and budgets to use. Media buying carries out the plan: setting up campaigns, bidding, launching ads and adjusting them. In affiliate lead gen, one person often does both.

Can I be a media buyer for Summit offers?

Yes, if your traffic is on an approved source: Meta, Google, native ad networks, or SEO and rank-and-rent sites. Every publisher is reviewed before going live. See apply as a publisher.

Related guides

Sources

  1. Auction, Google Ads Help
  2. Facebook Ad Auctions Explained, Meta

Buy the traffic. Summit handles the lander and the sale.

Every publisher is reviewed before going live. Email us your traffic sources, verticals, states and expected volume.

Or write to team@summitleads.ai. We reply by email.

What happens next

  1. Step 1: You email us.
  2. Step 2: We reply by email.
  3. Step 3: Every publisher is reviewed, and return and payment terms are agreed during onboarding, before you go live.

Already generating leads on your own forms? Sell your leads instead.

Written by Russell Brown, founder of Summit Leads.

Running traffic? Talk to us.

Email team@summitleads.ai. We reply by email. You can also message Summit Leads or Russell Brown on LinkedIn. Contact details.