Method of realtime allocation of space in digital media based on an advertiser's expected return on investment, ad placement score, and a publisher score
A method of allocating advertising space. Information about a user that is currently accessing the web page is provided to a number of advertiser computational agents, along with statistical data on the relative value of the particular ad placement. These agents compute for an advertiser, the advertiser's “effective Return On Investment” (eROI) for showing an ad impression to this user. eROI prices are received from the eROI agents within an interval after the user is identified and the space is allocated. A publisher computes a “Customer Relevancy Score” (“CRS”), taking into account whether the user will exit if the ad is clicked on (retention), user satisfaction (relevance, context), and content rating (exclusions). Finally, the “Publishers Ad Score” (“PAS”) is computed for the visit, fully reflecting both the advertisers evaluation of the opportunity, and the publisher's interests. Publishers finally select an advertiser in real-time based on the maximum PAS, or rank ads in accordance with the publishers ad score.
1 . A method of allocating web page space comprising:
Identifying a user that is currently accessing said web page;
Providing, to a number of eROI agents, information about said user;
Providing, to a number of eROI agents, statistical information about the placement's historic performance;
Receiving, for a period of time, eROI prices from said agents for space;
Computing a publisher's CRS, and weighting the eROI with this number creating a PAS; and,
Allocating said space in accordance with an established relationship to PAS;
Said period of time being within an interval after said user is identified and before space is allocated.
2 . The method of claim 1 , wherein said space is advertising (ad) space.
3 . The method of claim 1 , wherein said period of time is less than one second.
4 . The method of claim 1 , further comprising:
Supplying a number of eROI templates having provision for entry of a value of each component of an eROI formula, prior to receiving eROI prices from said eROI age for space.
5 . The method of claim 1 , wherein the publishers CRS is 1.0.
6 . The method of claim 2 , wherein said step of allocating further comprises:
Allocating said ad space to an eROI agent whose PAS is the highest.
7 . The method of claim 2 , wherein said step of allocating further comprises:
Arranging a number of ads in said space in a ranking order in accordance with PAS within said period of time.
8 . A method of allocating web page space comprising:
Providing, to a number of agents, information about a user that has entered search term(s) on a web page along with the search term(s);
Providing, to a number of eROI agents, statistical information about the placement's historic performance;
Receiving, for a period of time, eROI prices from said agents for space on a results web page; and,
Computing a publisher's CRS, and weighting the eROI with this number creating a PAS; And,
Allocating said space on said results web page in a ranking order in accordance with PAS received from said agents within said period of time;
Said period of time being within an interval after said user is identified and said space is allocated.
9 . The method of claim 8 , further comprising:
Supplying a number of eROI templates having provision for entry of a value of each component of an eROI formula, prior to receiving eROI prices from said eROI agents for space.
10 . The method of claim 8 , wherein said period of time is less than one second.
11 . The method of claim 8 , wherein the publishers CRS is 1.0.
12 . The method of claim 8 , wherein said step of allocating further comprises:
Allocating said ad space to an eROI agent whose PAS is the highest.
13 . The method of claim 8 , wherein said step of allocating further comprises:
Arranging a number of ads in said space in a ranking order in accordance with PAS within said period of time.
14 . A method of computing the relative value of an ad shown in a specific placement comprising:
Counting the number of ad impressions shown on a specific place on a specific page of a web site, during different times of the day/week;
Counting the number of ads clicked on in a specific place on a specific page of a web site, during different times of the day/week;
Maintaining a sorted list of ad placement click-through-ratios, and picking a reference value;
Providing a relative score for an ad placement by comparing a specific ad placement with other placements.
15 . The method of claim 14 , wherein said step further comprises:
Maintaining separate counters for different times of the day and different days of the week.
16 . The method of claim 14 , wherein said step further comprises:
Maintaining separate counters for different categories of advertisers.