MediaAlpha connects brands with consumers who are ready to make a purchase through its performance marketing platform. The platform allows advertisers to bid on ad inventory in real-time, providing transparency and advanced targeting capabilities to improve decision-making and returns on investment. Unlike many competitors, MediaAlpha focuses on industries like insurance, travel, and financial services, where timely and relevant advertising is crucial. The company's goal is to enhance advertising effectiveness by ensuring that clients only pay for leads that are likely to convert.