Computer-implemented method and system for managing keyword bidding prices
A computer-implemented method and system for managing keyword bidding prices are disclosed. An example system embodiment includes an automatic keyword bidding module, operably coupled with a processor and a memory, operable to determine a revenue per click value associated with a keyword, obtain bidding information associated with the keyword, obtain automatic bid controls associated with the keyword, and automatically generate a bid value for the keyword based on the revenue per click value, the bidding information, and the automatic bid controls.
1. A computer-implemented method comprising:
determining revenue parameters associated with a keyword;
obtaining bidding information associated with the keyword;
obtaining automatic bid controls associated with the keyword and the revenue parameters;
automatically generating a bid value for the keyword based on the bid controls and the revenue parameters, wherein the automatic bid controls include a gap position target value, the gap position target value representing a pre-defined position in a gap between a first next higher bid and a second next higher bid, the gap position target value corresponding to a specific monetary value between the first next higher bid and the second next higher bid; and
submitting the bid value to a search engine via a data network communication.
2. The method as claimed in claim 1 further including submitting the bid value via an API.
3. The method as claimed in claim 1 wherein the bidding information is obtained via an API.
4. The method as claimed in claim 1 wherein the bidding information includes a last bid amount.
5. The method as claimed in claim 1 wherein the automatic bid controls include a maximum cost per click value that can be automatically bid for the keyword.
6. The method as claimed in claim 1 wherein the automatic bid controls include a bid increment factor.
7. The method as claimed in claim 1 wherein the automatic bid controls include a bid increment velocity factor.
8. The method as claimed in claim 1 wherein the automatic bid controls include a scaling factor for the revenue parameters.
9. The method as claimed in claim 1 wherein the automatic bid controls include a scaling factor for the revenue parameters, the method further including applying the scaling factor to the revenue parameters to produce a scaled revenue parameter.
10. An article of manufacture comprising at least one non-transitory data storage device having one or more computer programs stored thereon and operable on one or more computing systems to:
determine revenue parameters associated with a keyword;
obtain bidding information associated with the keyword;
obtain automatic bid controls associated with the keyword and the revenue parameters;
automatically generate a bid value for the keyword based on the bid controls and the revenue parameters, wherein the automatic bid controls include a gap position target value, the gap position target value representing a pre-defined position in a gap between a first next higher bid and a second next higher bid, the gap position target value corresponding to a specific monetary value between the first next higher bid and the second next higher bid; and
submit the bid value to a search engine via a data network communication.
11. The article of manufacture as claimed in claim 10 being configured to submit the bid value via an API.
12. The article of manufacture as claimed in claim 10 wherein the bidding information is obtained via an API.
13. The article of manufacture as claimed in claim 10 wherein the bidding information includes a last bid amount.
14. The article of manufacture as claimed in claim 10 wherein the automatic bid controls include a maximum cost per click value that can be automatically bid for the keyword.
15. The article of manufacture as claimed in claim 10 wherein the automatic bid controls include a bid increment factor.
16. The article of manufacture as claimed in claim 10 wherein the automatic bid controls include a scaling factor for the revenue parameters, the article of manufacture being configured to apply the scaling factor to the revenue parameters to produce a scaled revenue parameter.
17. A system comprising:
a processor;
a memory coupled to the processor to store information related to keywords; and
an automatic keyword bidding module, operably coupled with the processor and the memory, operable to:
determine revenue parameters associated with a keyword;
obtain bidding information associated with the keyword;
obtain automatic bid controls associated with the keyword and the revenue parameters;
automatically generate a bid value for the keyword based on the bid controls and the revenue parameters, wherein the automatic bid controls include a gap position target value, the gap position target value representing a pre-defined position in a gap between a first next higher bid and a second next higher bid, the gap position target value corresponding to a specific monetary value between the first next higher bid and the second next higher bid; and
submit the bid value to a search engine via a data network communication.
18. The system as claimed in claim 17 being configured to submit the bid value via an API.