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US Patent 8234170 Online search advertising auction bid determination tools and techniques

Patent 8234170 was granted and assigned to Webtrends on July, 2012 by the United States Patent and Trademark Office.

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Patent
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Patent attributes

Current Assignee
Webtrends
Webtrends
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
82341700
Patent Inventor Names
Matthew Esch0
Peter Kassakian0
Date of Patent
July 31, 2012
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Patent Application Number
126933900
Date Filed
January 25, 2010
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Patent Primary Examiner
‌
John Weiss
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Patent abstract

A machine-controlled method can include estimating expected conversion rates for ads by applying an estimated conversion rate statistical model to each ad, estimating an expected AOV for each ad by applying an estimated AOV statistical model to each ad, applying an inference algorithm, and determining auction bids based on the estimated expected conversion rate and the estimated expected AOV for the ads.

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