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Pricing control in a real-time network-based bidding environment

  • US 10,282,758 B1
  • Filed: 05/13/2015
  • Issued: 05/07/2019
  • Est. Priority Date: 04/06/2012
  • Status: Active Grant
First Claim
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1. A bidding system for automated closed-loop control of a campaign for bidding on online placements in an automated real-time online auction system during the loading or rendering of network-based digital content, the bidding system comprising:

  • at least one processor; and

    computer-readable instructions stored in non-transitory computer readable medium and executable by the at least one processor to;

    collect placement-specific bid result data for a plurality of bids submitted by the bidding system for a particular placement, the plurality of bids including a first subset of bids submitted for bid requests that include browser cookie information regarding a respective user device and a second subset of bid submitted for bid requests that do not include browser cookie information regarding a respective user device, the placement-specific bid result data for the plurality of bids indicating (a) whether each submitted bid for the particular placement was successful and (b) for each successful bid, an actual sale price for the particular placement as determined by a respective RTB exchange;

    automatically segment the placement-specific bid result data into at least (a) cookie-available bid result data associated with the first subset of submitted bids and (b) cookie-unavailable associated with the second subset of submitted bids;

    automatically generate at least (a) a cookie-available pricing curve for the particular placement based on the segmented cookie-available bid result data and (b) a cookie-unavailable pricing curve for the particular placement based on the segmented cookie-unavailable bid result data;

    receive from an RTB exchange, via a communications network, a series of bid requests during the execution of a campaign, each received bid request identifying a respective placement in digital content being loaded or rendered by an internet-connected device; and

    for a received bid request that identifies the particular placement, in real-time during the loading or rendering of the respective digital content;

    identify whether the bid request includes browser cookie information;

    determine whether to submit a bid; and

    if the bid request includes browser cookie information, determining a bid price for the bid based at least on the cookie-available pricing curve for the particular placement;

    if the bid request does not include browser cookie information, determining a bid price for the bid based at least on the cookie-unavailable pricing curve for the particular placement;

    if it is determined to submit a bid, submit the bid, including the determined bid price, to a respective real-time online bidding exchange.

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