ITERATIVELY IMPROVING AN ADVERTISEMENT RESPONSE MODEL

There are provided systems and methods for iteratively improving an advertisement response model. A payment provider may perform operations that include training an advertisement response model using a training data set. The operations include determining that a first accuracy value corresponding to the advertisement response model is less than a accuracy value threshold. The operations further include identifying, based on executing the advertisement response model using a target data set that is different from the training data set, one or more units from the target data set for which to run the advertising campaign. The operations also include receiving one or more responses corresponding to a run of the advertising campaign with respect to the identified one or more units from the target data set and updating the training data set based on the one or more responses. The operations further include training an advertisement response model using resulting training data and repeating the operations as long as the accuracy value of the resulting model stays below the threshold or until the increase in the accuracy value with each iteration becomes unprofitable with respect to the costs of acquiring responses from further units from the target dataset.