The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 05, 2021
Filed:
Jan. 24, 2017
Oath (Americas) Inc., New York, NY (US);
Niklas Karlsson, Mountain View, CA (US);
Jiaxing Guo, Sunnyvale, CA (US);
Qian Sang, Herndon, VA (US);
VERIZON MEDIA INC., New York, NY (US);
Abstract
Embodiments are directed at controlling an online advertising campaign to minimize the effective cost per event or impression. Such embodiments include receiving a desired pacing indicator and a maximum cost indicator. The desired pacing indicator indicates a desired pacing that a user would like to achieve in the campaign. The maximum cost indicator indicates a maximum cost per event or impression the user would like to stay below in the campaign. Embodiments further include monitoring bid transactions of an advertising market of the campaign. Based on monitored bid transactions, an observed pacing measurement and/or an observed cost measurement is determined. Price and allocation control signals are determined based on the desired pacing indicator, the maximum cost indicator, the observed pacing measurement, and the observed cost measurement. The control signals are utilized to adjust a bid price and/or a bid allocation for the campaign.