Advertising systems and methods

• US 20060271438A1
• Filed: 05/24/2006
• Published: 11/30/2006
• Est. Priority Date: 05/24/2005
• Status: Abandoned Application

• Current Assignee: Insider Pages
• Original Assignee: Insider Pages
• Inventors: Shotland, Andrew, Sego, Robert
• Application Number:
  US11/440,737
• Publication Number:
  US 20060271438A1
• Time in Patent Office: Days
• US Class Current: 705/14.460
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0247 Calculate past, present or future revenues
• CPC Class Codes: G06Q 30/0255 based on user history
• CPC Class Codes: G06Q 30/0257 User requested
• CPC Class Codes: G06Q 30/0275 Auctions
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/08 Auctions

Abstract

Advertising systems and methods are described that are configured to receive bid requests for ad placement. The bid requests include a bid amount and an ad type, category, and/or geographic area. The ad type includes click ads, call ads, and/or call and click ads. Ad pricing is determined for ad placement using the bid requests in a dynamic price auction. The ad pricing includes a floor price and/or another ad price. The advertising systems and methods are configured to periodically modify the ad pricing according to price correlation data among ads having different ad types. Ad pricing also includes optional fixed-price advertising for set time periods for a subset of advertisers based on auction bid prices. One or more ads are placed in electronic ad spots according to the ad pricing. Search results that include the placed ads are presented in response to a user search queries.

Claims

1. A method for advertising, comprising:

receiving bid requests for advertisement (ad) placement, the bid requests including a bid amount and one or more of an ad type, a category, and a geographic area;

determining ad pricing for the ad placement using the bid requests in a dynamic price auction, wherein the ad pricing includes one or more of a floor price and an other ad price;

periodically modifying the ad pricing according to price correlation data among ads having different ad types; and

placing one or more ads in electronic ad spots according to the ad pricing.

2. The method of claim 1, further comprising providing a listing for the ad slots, the listing based on one or more of the category and the geographic area.

3. The method of claim 1, wherein the ad type includes one or more of a click ad type, a call ad type, and a call and click ad type.

4. The method of claim 1, wherein determining ad pricing for the ad placement using a dynamic second price auction comprises:

generating an expected value for each bid request;

selecting selected ads for ad placement according to the expected values, wherein the selected ads include at least one ad.

5. The method of claim 4, wherein selecting selected ads for ad placement according to the expected values comprises selecting a pre-specified number of ads having the highest expected values.

6. The method of claim 4, wherein the determining ad pricing for the ad placement using a dynamic second price auction further comprises:

determining the floor price to be a lowest bid amount among the selected ads;

assigning the floor price to an ad corresponding to the lowest bid amount; and

setting the other ad prices of each remaining selected ad relative to the floor price.

7. The method of claim 6, wherein setting the other ad prices comprises:

generating a first other ad price by adding a pre-specified monetary increment to the floor price;

assigning the first other ad price to a first ad of the selected ads, the first ad corresponding to a first incrementally higher bid amount relative to the lowest bid amount.

8. The method of claim 7, wherein setting the other ad prices comprises:

generating a second other ad price by adding the pre-specified monetary increment to the first other ad price;

assigning the second other ad price to a second ad of the selected ads, the second ad corresponding to a second incrementally higher bid amount relative to the first incrementally higher bid amount.

9. The method of claim 6, wherein setting the other ad prices comprises, for each selected ad other than the ad corresponding to the lowest bid, generating an other ad price approximately equal to a sum of a pre-specified monetary increment plus a bid that is immediately lower than a bid of the selected ad.

10. The method of claim 4, wherein generating an expected value comprises:

determining an ad conversion rate for an ad by dividing a number of inquiries to the ad by a number of times the ad is presented to users;

multiplying the ad conversion rate by the respective bid amount of the ad.

11. The method of claim 10, wherein the number of inquiries includes one or more of number of clicks received form the ad and the number of calls received from the ad.

12. The method of claim 4, further comprising assigning a prominence to the selected ads according to the expected values.

13. The method of claim 1, wherein the modifying of the ad pricing according to price correlation data among ads having different ad types approximately equalizes potential revenues from different ad types.

14. The method of claim 1, wherein the modifying of the ad pricing comprises:

determining a minimum bid value for each ad type in each geographic area;

modifying the determined minimum bid values of each ad type in response to historical data of each ad type, wherein the historical data includes one or more of ad leads, traffic search requests, and user patterns that include one or more of conversion rate, click-through rate, call rate, and number of ad impressions.

15. The method of claim 14, wherein modifying the determined minimum bid value comprises:

determining one ad type having the highest revenue among the ad types;

determining a factor by which revenue of the one ad type exceeds revenue of one other ad type;

dividing the floor price of the other ad type by the factor to generate a modified floor price for the other ad type; and

adjusting the floor price for the other ad type to equal the modified floor price.

16. The method of claim 1, wherein the ads include fixed-price ads, and further comprising providing an option for fixed-price advertising for set time periods for a subset of advertisers based on the auction bid prices.

17. The method of claim 16, further comprising allocating ad spots for ad placement among the bid requests and requests for the fixed-price advertising.

18. The method of claim 1, further comprising presenting a search result in response to a user query, the search result including the one or more placed ads.

19. A system comprising at least one advertising system coupled to a processor, the advertising system configured to receive bid requests for advertisement (ad) placement, the bid requests including a bid amount and one or more of an ad type, a category, and a geographic area, the advertising system configured to determine ad pricing for the ad placement using the bid requests in a dynamic price auction, wherein the ad pricing includes one or more of a floor price and an other ad price, the advertising system configured to periodically modify the ad pricing according to price correlation data among ads having different ad types, and the advertising system configured to place one or more ads in electronic ad spots according to the ad pricing.

20. The system of claim 19, wherein the ad type includes one or more of a click ad type, a call ad type, and a call and click ad type.

21. The system of claim 19, wherein configured to determine ad pricing for the ad placement using a dynamic second price auction comprises configured to:

generate an expected value for each bid request;

select selected ads for ad placement according to the expected values, wherein the selected ads include at least one ad.

22. The system of claim 21, wherein configured to determine ad pricing for the ad placement using a dynamic second price auction further comprises configured to:

determine the floor price to be a lowest bid amount among the selected ads;

assign the floor price to an ad corresponding to the lowest bid amount; and

set the other ad prices of each remaining selected ad relative to the floor price.

23. The system of claim 22, wherein configured to set the other ad prices comprises configured to generate at least one other ad price by adding a pre-specified monetary increment to one or more of the floor price and one other previously-determined other ad price.

24. The system of claim 22, wherein configured to set the other ad prices comprises, for each selected ad other than the ad corresponding to the lowest bid, configured to generate an other ad price approximately equal to a sum of a pre-specified monetary increment plus a bid that is immediately lower than a bid of the selected ad.

25. The system of claim 21, wherein configured to generate an expected value comprises configured to:

determine an ad conversion rate for an ad by dividing a number of inquiries to the ad by a number of times the ad is presented to users, wherein the number of inquiries includes one or more of number of clicks received form the ad and the number of calls received from the ad; and

multiply the ad conversion rate by the respective bid amount of the ad.

26. The system of claim 21, the advertising system further configured to assign a prominence to the selected ads according to the expected values.

27. The system of claim 19, wherein configured to modify the ad pricing comprises configured to:

determine a minimum bid value for each ad type in each geographic area;

modify the determined minimum bid values of each ad type in response to historical data of each ad type, wherein the historical data includes one or more of ad leads, traffic search requests, and user patterns that include one or more of conversion rate, click-through rate, call rate, and number of ad impressions.

28. The system of claim 27, wherein configured to modify the determined minimum bid value comprises configured to:

determine one ad type having the highest revenue among the ad types;

determine a factor by which revenue of the one ad type exceeds revenue of one other ad type;

divide the floor price of the other ad type by the factor to generate a modified floor price for the other ad type; and

adjust the floor price for the other ad type to equal the modified floor price.

29. The system of claim 19, wherein the ads include fixed-price ads, and further comprising providing an option for fixed-price advertising for set time periods for a subset of advertisers based on the auction bid prices.

30. Computer readable medium including executable instructions which, when executed in a processing system, manage advertising, by:

receiving bid requests for advertisement (ad) placement, the bid requests including a bid amount and one or more of an ad type, a category, and a geographic area;

determining ad pricing for the ad placement using the bid requests in a dynamic price auction, wherein the ad pricing includes one or more of a floor price and an other ad price;

periodically modifying the ad pricing according to price correlation data among ads having different ad types; and

placing one or more ads in electronic ad spots according to the ad pricing.