Method and system of optimizing the response and profitability of a marketing program

• US 20040030597A1
• Filed: 05/02/2003
• Published: 02/12/2004
• Est. Priority Date: 05/03/2002
• Status: Abandoned Application

• Current Assignee: Realhome.com
• Original Assignee: Realhome.com
• Inventors: Bibas, Gregory M.
• Application Number:
  US10/429,219
• Publication Number:
  US 20040030597A1
• Time in Patent Office: Days
• US Class Current: 705/14
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0244 Optimization
• CPC Class Codes: G06Q 30/0267 Wireless devices

Abstract

A method and system for capturing customer information and/or behavioral data that may include, for example, the day/time/date of the visit, the location on the site, channel or other electronic media property, demographic information including physical location, ad format data, as well as partner coding information. The method and system passes such information, to an analyzer which determines which advertising unit to a display device, and what follow-up sales process will be used. The system and method also includes capturing the customer action information, and continuously analyzing such information against pre-determined rule-sets to determine whether a decision should be made to remove such advertising unit from the advertising marketing mix.

Claims

1. A system of optimizing a marketing program, said system comprising:

an electronic publisher for sending an ad request;

a marketing optimizer, in response to the ad request, fulfilling the ad request by providing an ad impression; and

a customer device for receiving the ad impression and, depending on a response to the ad impression, receiving a sales process, wherein the marketing optimizer analyzes the response to determine an optimal marketing program.

2. The system of claim 1, wherein the electronic publisher, the marketing optimizer, and the customer device are connected by a communication link.

3. The system of claim 2, wherein the communication link is selected from a group consisting of an intranet, an internet, local area network, token ring, terrestrial and satellite communications systems, and any combinations thereof.

4. The system of claim 1, wherein the ad impression comprises a variable advertising creative.

5. The system of claim 1, wherein the customer device is selected from a group consisting of a personal computer, a mobile phone, a handheld computer, a personal digital assistant (PDA), an internet browser, an email browser, a television control device, and any combinations thereof.

6. The system of claim 1, wherein the marketing optimizer comprises a data manager layer for controlling a flow, access, and storage of data used by the system.

7. The system of claim 1, wherein the marketing optimizer has access to stored advertising data.

8. A method of optimizing a marketing program, said method comprising:

sending an ad request from an electronic publisher;

fulfilling, by a marketing optimizer, the ad request by providing an ad impression in response to the ad request;

receiving the ad impression at a customer device;

receiving a sales process, at least in part, based on a response to the ad impression; and

analyzing the response to determine an optimal marketing program.

9. The method of claim 8, wherein the analyzing is accomplished by the market optimizer.

10. The method of claim 8, further comprising determining whether a marketing optimization is in progress.

11. The method of claim 8, further comprising recursively receiving an ad impression until a marketing criteria is satisfied.

12. The method of claim 8, further comprising determining whether a purchase is executed in response to the sale process.

13. The method of claim 12, further comprising storing said determination.

14. The method of claim 12, wherein said analyzing uses the determination of whether the purchase is executed.

15. The method of claim 8, further comprising connecting the electronic publisher, the marketing optimizer, and the customer device by a communication link.

16. The method of claim 8, wherein the ad impression comprises a variable advertising creative.

17. The method of claim 8, wherein the customer device is selected from a group consisting of a personal computer, a mobile phone, a handheld computer, a personal digital assistant (PDA), an internet browser, an email browser, a television control device, and any combinations thereof.