BID ADJUSTMENT SCHEDULING FOR ELECTRONIC ADVERTISING

Patent №

US 8,719,081

Granted

2014-05-06

Filed 2008

Owner

AMAZON TECHNOLOGIES, INC.

AI components

2

nlp · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12267833

Bid amounts for electronic advertising can be adjusted throughout the day, or for different days, according to a day parting schedule based on factors such as variations in efficiency. For any set of advertisements grouped based on factors such as keyword, landing page, geographic location, user demographic, etc., values can be forecast for each time period throughout the day. A variation threshold is used to group adjacent periods of time into partitions, and the threshold can be varied until the number of partitions meets the requirements of the provider with whom the advertisement is to be placed. An adjustment factor can be determined for each partition using the forecast information, and these factors can be uploaded to the provider to adjust the base bid price for any advertisement in that group at the appropriate times throughout the day.

AI classification

Planning1.00
Natural language0.99
AI hardware0.31
Machine learning0.27
Evolutionary computation0.24
Vision0.21
Knowledge representation0.00
Speech0.00

Ownership

AMAZON TECHNOLOGIES, INC.

assignment · 263120017

Assignors

LANGROCK, DAVID J., SNYDER, LUKE A., REID, ROBERT LOCKHART, HERRMANN, ERIC ALFRED

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

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