Systems, apparatuses, methods, and computer program products for optimizing allocation of an advertising budget that maximizes sales and/or profits and enabling advertisers to buy media online

• US 20070143186A1
• Filed: 12/18/2006
• Published: 06/21/2007
• Est. Priority Date: 12/19/2005
• Status: Abandoned Application

• Current Assignee: Jeff Apple, Lehmann Li
• Original Assignee: Jeff Apple, Lehmann Li
• Inventors: Apple, Jeff, Li, Lehmann
• Application Number:
  US11/640,225
• Publication Number:
  US 20070143186A1
• Time in Patent Office: Days
• US Class Current: 705/14.480
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0249 based upon budgets or funds

Abstract

A system, apparatus, methods, and computer program products enabling an advertiser to increase or maximize sales and/or profits of a company, brand, and/or product by determining the optimum size of an advertising budget and/or optimizing the allocation of an advertising budget to those media channels, operators within any given media channel, program/page provided by any given operator, and/or space within any given program/page, which generates the highest ratio of sales on invested capital, maximum sales, and/or maximum profits. A system and method of enabling an advertiser to input online the parameters of an advertising campaign, including, but not limited to: the product category, the budget, the characteristics of the target customer, and the desired timing; generating an optimum allocation of said budget which generates the highest ratio of sales on invested capital, maximum sales, and/or maximum profits; enabling operators to offer online the availability of advertisement inventory on their programs/pages and/or spaces; automating the process of determining the optimum size of an advertising budget and/or optimizing the allocation of an advertising budget; integrating advertising planning and purchasing into an advertiser'"'"'s enterprise resource planning system; enabling an advertiser to bid online to advertise on said programs/pages and/or spaces; and matching advertisers and operators to execute the purchase of said advertisement inventory.

Claims

1. A computer implemented method of enabling an advertiser to enhance at least one of sales and profits of at least one of a company, brand, and product, comprising:

determining a size of an advertising budget; and

optimally allocating said advertising budget among one or more (a) media channels, (b) operators within any given media channel, (c) program/page provided by any given operator, and (d) space within any given program/page.

2. A system of enabling an advertiser to enhance at least one of sales and profits of at least one of a company, brand, and product, comprising:

means for optimally allocating an advertising budget among one or more (a) media channels, (b) operators within any given media channel, (c) program/page provided by any given operator, and (d) space within any given program/page.

3. The system of claim 2, further comprising:

determining a size of said advertising budget.

4. A computer program product comprising a computer usable medium having computer program logic recorded thereon for enabling a processor to enhance at least one of sales and profits of at least one of a company, brand, and product, the computer program logic comprising:

first means for enabling said processor to determine a size of an advertising budget; and

second means for enabling said processor to optimally allocate said advertising budget among one or more (a) media channels, (b) operators within any given media channel, (c) program/page provided by any given operator, and (d) space within any given program/page.