Computer-implemented enterprise wide advertising inventory management system
View Patent ↗A computer-implemented inventory management system for an enterprise which includes member stations having associated advertising inventory for sale, the inventory including segments of advertising time associated with future time periods. The system includes price forecasting program logic that generates a table of advertising time segments that meet customer request criteria, yield management program logic for generating/maintaining advertising time segment inventory pricing information for use by the price forecasting system in accordance with a pricing strategy, traffic billing program logic for generating confirmations of orders for inventory and for maintaining information relating to such orders, a network permitting access to time segment inventory pricing information for member stations, a system for accessing inventory information of stations in response to a customer request so that the time segment table includes inventory from member stations which meet such criteria and a system that reserves time segments likely to be wanted by an advertiser.
1. A computer program product for an enterprise advertisement inventory management system comprising:
a computer-readable storage medium;
price strategy program logic on said computer-readable storage medium to facilitate improved advertising revenue;
price forecasting program logic on said computer-readable storage medium to accept user criteria and to generate a log of one or more advertising time segments that meet a predetermined user request criteria;
yield management program logic on said computer-readable storage medium to communicate, generate and maintain advertising inventory pricing information to be utilized by the price forecasting program logic in accordance with improving advertising revenue;
traffic billing program logic on said computer-readable storage medium to generate order confirmations regarding selected inventory and to maintain, schedule, process and track data files relating to such order confirmations; and
network interface logic on said computer-readable storage medium to facilitate access to time sensitive inventory pricing information for multiple media outlets in response to a user request so that the log includes advertising inventory from a plurality of media outlets which meet such criteria, wherein the network interface logic sends a reservation indicator to selected media outlets in response to a user input to reserve availability at the selected media outlets.
2. The computer program product of claim 1 , wherein the yield management program logic recalculates inventory pricing information to take into account reserved time segments.
3. The computer program product of claim 2 , wherein the reserved time segments represent historically repeated last minute time purchases.