×

Adjusting advertiser bids based on service availability

  • US 10,325,292 B2
  • Filed: 10/31/2014
  • Issued: 06/18/2019
  • Est. Priority Date: 10/31/2014
  • Status: Active Grant
First Claim
Patent Images

1. A computer-implemented method to adjust a bid in an electronic auction for an electronic advertisement space based on merchant system availability, comprising:

  • receiving, by one or more computing devices associated with an advertising system, a first reservation calendar from a merchant computing system, the first reservation calendar comprising a first availability for a service of the merchant computing system for a predefined period of time;

    receiving, by the one or more computing devices and from the merchant computing system, statistical information, the statistical information indicating a statistical distribution of customers with respect to the length of time customers of the merchant computing system make a reservation prior to a time of performance of service associated with a reservation;

    receiving, by the one or more computing devices and from the merchant system, bidding parameters, the bidding parameters comprising at least one of a minimum bid, a maximum bid, or a threshold change in availability;

    determining, by the one or more computing devices and based on the first availability, the statistical information, and the bidding parameters, a first bid for an electronic auction for an electronic advertising space with an advertising platform system;

    transmitting, by the one or more computing devices and to the advertising platform system, the first bid for the auction;

    receiving, by the one or more computing devices and from the merchant computing system, a second reservation calendar comprising a second availability for the service of the merchant computing system for the predefined period of time, wherein the second availability is different from the first availability;

    determining, by the one or more computing devices and based on the second availability, the statistical information, and the bidding parameters, a second bid for the auction, including;

    adjusting the first bid to the second bid based on a difference between the first availability and the second availability, the adjusting comprising;

    whenever the second availability is less than the first availability, decreasing an amount of the first bid by a quantity that is proportional to the difference between the first availability and the second availability; and

    whenever the second availability is greater than the first availability, increasing the amount of the first bid by a quantity that is proportional to the difference between the first availability and the second availability; and

    transmitting, by the one or more computing devices and to the advertising platform system, the second bid for the auction.

View all claims
  • 2 Assignments
Timeline View
Assignment View
    ×
    ×