Method And System For Collecting And Correlating Data From Information Sources To Deliver More Relevant And Effective Advertising

• US 20080195462A1
• Filed: 04/17/2008
• Published: 08/14/2008
• Est. Priority Date: 10/24/2006
• Status: Abandoned Application

• Current Assignee: Swooge LLC
• Original Assignee: Swooge LLC
• Inventors: Patel, Parag, Magdon-Ismail, Malik
• Application Number:
  US12/104,899
• Publication Number:
  US 20080195462A1
• Time in Patent Office: Days
• US Class Current: 705/7.33
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0204 Market segmentation
• CPC Class Codes: G06Q 30/0258 Registration

Abstract

A method and system for collecting and using in combination data from information sources in a correlated manner to deliver more relevant and effective advertising is provided. Website owners register with a service provider, submit relevant information about their website and download website analytics software enabling relevant data to be tracked by and transmitted to the service provider'"'"'s online database. Service provider also collects data from other information sources including an online website exchange, webcrawlers and other software (e.g. toolbars, cookies, javascript) that track the navigation history of individual Internet users and their demographic information. Service provider correlates and analyzes submitted data from some or all of the information sources to determine scores, meaningful ranking and other useful information regarding the efficacy of websites for potential advertisers. Potential advertisers perform search requests on the service provider'"'"'s database using advertiser-specific parameters to retrieve a portfolio of advertising opportunities that are optimally matched with the advertiser'"'"'s specifications. The advertisers may edit the results and submit a request via service provider to the one or multiple website owners to implement the portfolio of resulting and/or revised advertising opportunities.

Claims

1. A method for improving advertising effectiveness of online properties, the method comprising the steps of:

receiving data from at least two information sources;

processing said data to generate correlation results; and

using said correlation trends to determine advertising effectiveness at least one online property.

2. The method of claim 1, wherein the information sources include at least two of predictive markets, website-based navigation tracking software, webcrawlers, website analytics solutions, Internet User Reviews, Owner-supplied information and online website exchange participant-based navigation tracking software.

3. The method of claim 1, further comprising the steps of:

receiving Advertiser-specific parameters from an Advertiser;

computing and dynamically updating said advertising effectiveness of at least one online property with respect to said received Advertiser-specific parameters;

providing an enhanced portfolio of advertising opportunities to said Advertiser.

4. The method of claim 3, further comprising the step of:

implementing an advertising campaign based on said enhanced portfolio of advertising opportunities; and

providing feedback to Advertiser based on results from said advertising campaign.

5. The method of claim 4, further comprising the step of allowing said Advertiser to edit said enhanced portfolio of advertising opportunities.

6. A method to recruit internet users to join a predictive markets game and play it intelligently and non-arbitrarily, the method comprising the steps of:

signing up initial participants for a predictive markets game by offering awards in exchange for fictitious currency earned by successful trading activity;

requesting said initial participants to recruit other participants by providing at least one of the following incentives;

receive bonus fictitious currency for referral participants who sign up for said predictive markets game;

receive bonus fictitious currency if said initial participants or their referral participants permit user-based navigational tracking;

receive bonus fictitious currency if said referral participants generate positive returns on said predictive markets game;

receive bonus fictitious currency for referral participants of a certain demographic-type;

or

receive bonus fictitious currency if said referral participants recruit additional referral participants; and

providing awards to participants based on redemption of fictitious currency earned by successful trading activity and by said bonuses.

7. The method of claim 6, further comprising a step of limiting bonuses of fictitious currency based on at least one of the following:

limiting bonuses of currency based on a pre-determined number of levels down the referral participant chain;

limiting number of referrals per participant;

limiting bonuses of fictitious currency to participant-referral groups only for net total increases; and

limiting the number of accounts per participants;

8. A system for improving advertising effectiveness of online properties, the system comprising:

a host server configured to receive and transmit data from information sources over a global communications network, the host server including;

a Website Owners Monitor interface configured to direct communications received over the global communications network between the host server and a Website Owner device;

an Advertiser Monitor interface configured to direct communications received over the global communications network between the host server and an Advertiser device;

a Database configured to store information from at least one information source;

a Dynamic Advertisement Placement engine configured to receive data from said Database and said Website Owner Monitor, said data being used to calculate the advertising effectiveness value for at least one online property; and

an Advertising Optimization Engine configured to receive data from said Advertiser Monitor and advertising effectiveness values from said Dynamic Advertisement Engine, said data and advertising effectiveness values being used to compute an enhanced portfolio of advertising opportunities.