PRICING CONTROL IN A REAL-TIME NETWORK-BASED BIDDING ENVIRONMENT

Patent №

US 10,282,758

Granted

2019-05-07

Filed 2015

Owner

MAXPOINT INTERACTIVE, INC.

+1 more

Lab

AI components

2

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

14711130

A method for automated control of bid pricing for bidding on online placements in an automated real-time online auction system during the loading or rendering of network-based digital content. Historical bid result data regarding a particular placement is collected by a bidding system, which segments the bid result data into multiple categories and generates multiple pricing curves for the particular placement based on the segmented bid result data. The bidding system then uses the multiple pricing curves for making bidding decisions in real-time. The bidding system receives a series of bid requests, each identifying a placement in digital content being loaded or rendered. For each received bid request, the bidding system, in real-time, identifies segmenting characteristic(s) associated with the bid request, and performs a bidding analysis—including whether to submit a bid and determining a bid price—based on the identified segmenting characteristic(s) associated with the bid request.

Knowledge representationPlanningG06Q 30/0275G06Q 30/0244G06Q 30/0251G06Q 30/0255G06Q 30/0269G06Q 30/0271G06Q 30/0277

AI classification

Planning0.99
Knowledge representation0.97
Machine learning0.04
Natural language0.01
Vision0.01
Speech0.00
Evolutionary computation0.00
AI hardware0.00

Ownership

MAXPOINT INTERACTIVE, INC.

assignment · 356300365

VALASSIS DIGITAL CORP.

namechg · 538190812

Assignors

ELS, MICHAEL, POSTELNIK, IGOR

On an employer assignment, the assignors are typically the inventors.

From the same owner

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