Invention Grant
- Patent Title: Methods and systems for dynamic auction floors
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Application No.: US14661695Application Date: 2015-03-18
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Publication No.: US10565626B2Publication Date: 2020-02-18
- Inventor: Samuel Seljan , Michael McNeeley , Arel Lidow , Yaron Lissack , Sandesh Devaraju , Andrew Sweeney
- Applicant: AppNexus Inc.
- Applicant Address: US NY New York
- Assignee: Xandr Inc.
- Current Assignee: Xandr Inc.
- Current Assignee Address: US NY New York
- Agency: Guntin & Gust, PLC
- Agent Ralph Trementozzi
- Main IPC: G06Q30/02
- IPC: G06Q30/02

Abstract:
Systems and methods for optimizing floor prices in real-time bidding auctions are described. Upon receiving a request for an advertisement to be served to an impression consumer, the value of the consumer can be determined based, for example, on historical bid prices in prior auctions. A maximum floor price for the current auction to serve the impression us calculated based at least in part on the value of the impression consumer and one or more attributes associated with the auction. The auction is held using the calculated floor price, which can be adjusted based on an aggressiveness factor, and the winner of the auction can be determined based on the floor price.
Public/Granted literature
- US20160275570A1 METHODS AND SYSTEMS FOR DYNAMIC AUCTION FLOORS Public/Granted day:2016-09-22
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