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US Patent 10970742 Systems and methods for optimization of capital allocation for advertising campaigns in online-based commerce

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Is a
Patent
Patent

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
10970742
Date of Patent
April 6, 2021
Patent Application Number
16249465
Date Filed
January 16, 2019
Patent Citations Received
‌
US Patent 11494694 Transaction-enabled systems and methods for creating an aggregate stack of intellectual property
‌
US Patent 11501367 System and method of an automated agent to automatically implement loan activities based on loan status
‌
US Patent 11514518 System and method of an automated agent to automatically implement loan activities
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US Patent 11544782 System and method of a smart contract and distributed ledger platform with blockchain custody service
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US Patent 11544622 Transaction-enabling systems and methods for customer notification regarding facility provisioning and allocation of resources
‌
US Patent 11550299 Automated robotic process selection and configuration
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US Patent 11562395 Systems and methods for training of multi-objective machine learning algorithms
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US Patent 11567478 Selection and configuration of an automated robotic process
...
Patent Primary Examiner
‌
Tarek Elchanti
Patent abstract

A method and associated system of producing an advertising campaign of a product for an online marketplace seller including, under control of one or more processors configured with executable instructions, generating a single keyword advertising campaign of the product; collecting data on the single keyword; executing a machine learning component of an adaptive machine learning platform to generate a machine learning component output based at least in part on the data on the single keyword; generating a behavioral curve or table relating to an advertisement bid value and a cost per click value based at least in part on the machine learning component output; generating sales goal(s) of the product for the online marketplace seller on the online marketplace; generating an optimized advertisement bid value based at least in part on the sales goal(s) and the behavioral curve or table; and generating an optimized advertising campaign therefrom.

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