Consolidated purchasing system for search term auctions
First Claim
1. A consolidated purchasing system for search term auctions, comprising:
- receiving logic receiving a plurality of orders from a plurality of customers;
analyzing logic receiving and consolidating the plurality of orders, analyzing a dynamic auction for a plurality of search terms on a search engine, determining a plurality of search terms upon which to bid and an amount to bid for the plurality of search terms responsive to a budget and an expected return on the plurality of search terms; and
purchasing logic receiving instructions from the bidding logic and bidding on the plurality of search terms in the dynamic auction, wherein the cost of a position on a search result list for the search engine changes responsive to the input from a plurality of auction participants, wherein the system delivers a minimum level of traffic to a customer website responsive to an order associated with a customer, the minimum level of traffic being a guaranteed minimum level of traffic.
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Abstract
A consolidated purchasing system for search term auctions is provided. The system typically includes receiving logic, analyzing logic, and purchasing logic. The receiving logic receives orders from customers. The analyzing logic receives and consolidates the plurality of orders, analyzes a dynamic auction for search terms on a search engine, and determines search terms upon which to bid and an amount to bid for the search terms. The determination of the amount to bid on the search terms is in response to a budget and an expected return on the search terms. The purchasing logic receives instructions from the bidding logic and bids on the search terms in the dynamic auction, wherein the cost of a position on a search result list for the search engine changes in response to input from auction participants. Other systems and methods are also provided.
6 Citations
16 Claims
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1. A consolidated purchasing system for search term auctions, comprising:
- receiving logic receiving a plurality of orders from a plurality of customers;
analyzing logic receiving and consolidating the plurality of orders, analyzing a dynamic auction for a plurality of search terms on a search engine, determining a plurality of search terms upon which to bid and an amount to bid for the plurality of search terms responsive to a budget and an expected return on the plurality of search terms; and
purchasing logic receiving instructions from the bidding logic and bidding on the plurality of search terms in the dynamic auction, wherein the cost of a position on a search result list for the search engine changes responsive to the input from a plurality of auction participants, wherein the system delivers a minimum level of traffic to a customer website responsive to an order associated with a customer, the minimum level of traffic being a guaranteed minimum level of traffic. - View Dependent Claims (2, 3, 4, 5, 6)
- receiving logic receiving a plurality of orders from a plurality of customers;
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7. A method for consolidated purchasing of search term auctions, the method comprising:
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receiving a plurality of orders from a plurality of customers; consolidating the plurality of orders; determining a plurality of relevant search terms upon which to bid responsive to the orders; analyzing a dynamic auction for the plurality of relevant search terms on a search engine; determining an amount to bid for the plurality of search terms responsive to a budget for the plurality of orders, and an expected return on the plurality of relevant search terms; bidding on the plurality of relevant search terms in the dynamic auction, wherein the cost of a position on a search result list for the search engine changes responsive to the input from a plurality of auction participants; and delivering a minimum level of traffic to a customer website responsive to an order associated with a customer, wherein the minimum level of traffic is a guaranteed minimum level of traffic. - View Dependent Claims (8, 9, 10, 11, 12)
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13. A computer readable medium having a program for consolidated purchasing of search term auctions, the program comprising:
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receiving a plurality of orders from a plurality of customers; consolidating the plurality of orders; determining a plurality of relevant search terms upon which to bid responsive to the orders; analyzing a dynamic auction for the plurality of relevant search terms on a search engine; determining an amount to bid for the plurality of search terms responsive to a budget for the plurality of orders, and an expected return on the plurality of relevant search terms; bidding on the plurality of relevant search terms in the dynamic auction, wherein the cost of a position on a search result list for the search engine changes responsive to the input from a plurality of auction participants; and delivering a minimum level of traffic to a customer website responsive to an order associated with a customer, wherein the minimum level of traffic is a guaranteed minimum level of traffic. - View Dependent Claims (14, 15, 16)
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Specification