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Advertisement space auction method, apparatus and storage medium

  • US 8,626,578 B2
  • Filed: 10/31/2007
  • Issued: 01/07/2014
  • Est. Priority Date: 01/22/2001
  • Status: Expired due to Fees
First Claim
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1. An advertisement transaction executing method, comprising the steps of:

  • selecting, by a computer, an advertisement of an advertiser, for an advertisement space relating to a content, based on input information of the advertiser corresponding to current bidding status information on the advertisement space and satisfaction of each rule of a set of rules, wherein the set of rules includes (i) a payment capacity rule which requires the advertiser to have the ability to pay for the advertisement and (ii) a winning bid rule in which the advertisement of the advertiser is selected when a bid price of the advertiser for the advertisement space provided over a network and received by the computer during an auction process for bidding for the advertisement space is a highest bid price for the advertisement space provided over the network and received by the computer within a bid submission period having a maximum length during which bidding in the auction process is permitted,wherein a second time period starts after acceptance of a highest bid as last bid information for the advertisement space, wherein the second time period has a length less than the maximum length of the bid submission period and wherein more bid information can be received over the network during the second time period so long as the more bid information is received within the bid submission period,wherein, if the second time period elapses after the acceptance of the last bid information and within the bid submission period, the bid submission period ends immediately, andwherein, if an end of the bid submission period occurs at the maximum length from a start of the bid submission period and before the second time period elapses, the bid submission period ends and no more bid information can be received over the network, andwherein the current bidding status information is transmitted over the network to the advertiser when bid status information for the advertisement space is updated using bid information for the advertisement space provided over the network from the advertiser;

    providing advertisement information relating to the advertisement to a user of the content; and

    charging a payment account of the advertiser when the advertisement information is provided to the user.

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