Invention Grant
- Patent Title: Automated price maintenance for use with a system in which advertisements are rendered with relative preferences
- Patent Title (中): 自动价格维护用于使用相对偏好来呈现广告的系统
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Application No.: US12846648Application Date: 2010-07-29
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Publication No.: US08447653B2Publication Date: 2013-05-21
- Inventor: Eric Veach , Salar Arta Kamangar
- Applicant: Eric Veach , Salar Arta Kamangar
- Applicant Address: US CA Mountain View
- Assignee: Google Inc.
- Current Assignee: Google Inc.
- Current Assignee Address: US CA Mountain View
- Agency: Straub & Pokotylo
- Agent John C. Pokotylo
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A cost maintenance scheme useful with an advertising system which orders ads in a manner that maximizes both their relevance and their economic value, and which provides a fair bidding process in which a winning bidder is assured of not having paid too much. Ordering may be done based on accepted maximum ad bid information and/or ad performance information. For example, this information may be used to determine a position value. Cost may be determined based on accepted maximum ad bid information and/or performance information. Billing the determined cost may be subject to a condition precedent.
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