1. Technical Field
The disclosed embodiments relate to a system and its methods for monetizing rich media advertising interaction, and more particularly, for computing brand index using monetization models with which to optimize rich media advertising campaigns based on measured user interaction.
2. Related Art
Use of rich media advertising online, e.g. over the internet, has been rising rapidly. The ability of rich media ads to engage and entertain, enhanced with an ability to interact with the user, makes them very effective for brand advertisers. Rich media ads are significantly more effective and provide much higher value for both advertiser and publishers than non-rich ads. For example, rich media ads when compared with non-rich media banner ads provide: (1) much better brand lift for brand advertisers; (2) about five times the click-through rates for performance marketers; and (3) significantly higher cost per thousand (CPM) clicks for publishers (up to two times higher).
While online advertising has ushered into the twenty-first century via rich media advertising technology, the business and monetization models around this form of advertising lag behind. Though user interaction with the ad is considered very valuable, and is a direct indicator of the ad effectiveness, any consistent measurement and models to translate user interaction into brand effectiveness have been largely missing. The rich media ads purchases are still based on CPM, and in smaller numbers on cost per click (CPC) and cost per action (CPA) models of the old static banner world. These monetization models, though implicitly account for value of user interaction, provide sub-optimal value for publishers. Since there are no models for translating rich media exposure and user interaction into brand effectiveness, ad campaigns also cannot be efficiently optimized. In addition, this lack of measurement makes it harder for marketers to allocate advertising budget against the stated goal in an optimal way.
By way of introduction, the embodiments described below include a system and methods for monetizing rich media advertising interaction, and more particularly, to compute brand index using monetization models with which to optimize rich media advertising campaigns based on measured user interaction.
In a first aspect, a method is disclosed for campaign optimization of interactive rich media advertising, including providing a plurality of creatives. A weight is assigned to each creative. User interaction is tracked with at least some of the plurality of creatives. A brand index (BI) for each creative is continuously computed based on the tracked user interaction and the weight of each tracked creative. An optimization engine is updated with a latest BI for each creative, wherein the optimization engine dynamically adjusts the weight of each creative based on the latest BI for each creative. The creatives are served over a communication network based on the weight associated with each, such that the creatives with higher weight are served more frequently than the creatives with lower weight as an optimized ad campaign of the plurality of creatives
In a second aspect, a method is disclosed for measuring affinity of a target group to an advertising brand, including executing multiple rich media campaigns. At least one target parameter is defined for each rich media campaign such that the target parameters vary across the multiple rich media campaigns. The same creative is selected for testing in each campaign. A brand index (BI) is calculated for each campaign to determine which target parameters produce a higher BI for the creative. Full versions of the multiple rich media ad campaigns are run with the target parameters that produce the highest BI to optimize advertising reach to a target group of the rich media ad campaigns.
In a third aspect, a method is disclosed for campaign optimization of interactive rich media advertising, including providing a plurality of creatives as ads for a rich media ad campaign. User interaction is tracked with at least some of the plurality of creatives. A brand index (BI) is continuously computed for each creative based on the tracked user interaction and an assigned weight of each tracked creative. An optimization engine is updated with a latest BI for each creative, wherein the optimization engine dynamically adjusts the weight of each creative based on the latest BI for each creative, and wherein the latest BI reflects a value per unit of advertising with each respective creative. An ad server is enabled to optimize service of the creatives to web users based on a best value per serving in a given context.
Other systems, methods, features and advantages will be, or will become, apparent to one with skill in the art upon examination of the following figures and detailed description. It is intended that all such additional systems, methods, features and advantages be included within this description, be within the scope of the invention, and be protected by the following claims.
The system may be better understood with reference to the following drawings and description. The components in the figures are not necessarily to scale, emphasis instead being placed upon illustrating the principles of the invention. Moreover, in the figures, like-referenced numerals designate corresponding parts throughout the different views.
In the following description, numerous specific details of programming, software modules, user selections, network transactions, database queries, database structures, etc., are provided for a thorough understanding of various embodiments of the systems and methods disclosed herein. However, the disclosed system and methods can be practiced with other methods, components, materials, etc., or can be practiced without one or more of the specific details. In some cases, well-known structures, materials, or operations are not shown or described in detail. Furthermore, the described features, structures, or characteristics may be combined in any suitable manner in one or more embodiments. The components of the embodiments as generally described and illustrated in the Figures herein could be arranged and designed in a wide variety of different configurations.
The order of the steps or actions of the methods described in connection with the disclosed embodiments may be changed as would be apparent to those skilled in the art. Thus, any order appearing in the Figures, such as in flow charts or in the Detailed Description is for illustrative purposes only and is not meant to imply a required order.
Several aspects of the embodiments described are illustrated as software modules or components. As used herein, a software module or component may include any type of computer instruction or computer executable code located within a memory device and/or transmitted as electronic signals over a system bus or wired or wireless network. A software module may, for instance, include one or more physical or logical blocks of computer instructions, which may be organized as a routine, program, object, component, data structure, etc. that performs one or more tasks or implements particular abstract data types.
In certain embodiments, a particular software module may include disparate instructions stored in different locations of a memory device, which together implement the described functionality of the module. Indeed, a module may include a single instruction or many instructions, and it may be distributed over several different code segments, among different programs, and across several memory devices. Some embodiments may be practiced in a distributed computing environment where tasks are performed by a remote processing device linked through a communications network. In a distributed computing environment, software modules may be located in local and/or remote memory storage devices.
The ways in which a user can interact with the ads are numerous and only limited by the imagination of the ad creator. But these user interactions can be broadly classified based on the impact they make on the user with respect to brand lift. In this application are described these broad categories and a model is proposed to translate user interaction into brand effectiveness of the ad. Furthermore, business applications of the monetization models are disclosed and discussed.
Any proposed brand effectiveness model needs to have certain properties for it to be useful and widely accepted. These properties are described below. Note that some of these properties are contradictory in their goals, and hence, they require balancing.
Consistency: Brand effectiveness measured using this model should be consistent with widely accepted methods currently used in industry. For example, the measurement based on the model should correlate positively and preferably proportionally with user sampling and survey methods used for measuring brand lift.
Ease of use: The model should be easy to understand, e.g., it would be useful for the model to produce a single numeric value as the measurement of the brand effectiveness.
Computation Complexity: The model should not be prohibitively expansive to compute when applied to large numbers of impressions and associated interaction data.
Allow Comparison: The model should allow comparison of brand effectiveness from any two ads as long as necessary data from each ad campaign is available. This is to allow optimization between ad campaigns.
Absolute Index: To allow monetization to be based on brand effectiveness, the model should provide absolute index of effectiveness. Once this index has been established, rich media ad campaigns can be sold based on the index as oppose to a cost per thousands (CPM) model.
Account for varieties of user interactions: The model should account for wide varieties of user interaction associated with rich media ads. In fact, it should be easy to incorporate new interaction types, preferably without having to fundamentally change the model. This may mean that the interactions need to be generalized on a set of common types. At the same time, generalization of user interaction should not dilute the value and differences between interaction types, which would make the model ineffective.
The campaign management server 104 further includes or communicates with memory storage 130 and a buckets database 134. One of skill in the art will appreciate that the storage 130 and buckets database 134 may be combined physically or distributed across multiple storage devices, including across the network 110. The campaign manager server 104 also includes a processing system 136 having a processor (not shown) as is know in the art for executing software or other executable code to implement the methods disclosed herein. Finally, the ad server 108 includes or communicates with a tracking database 140 that together aid the campaign management server 104 to track various parameters related to an ad campaign, such as the frequency of access of the various rich media ads employed, which parameters also relate to the type of user interaction. One of skill in the art will also appreciate that the buckets database 134 and the tracking database 140 may be directly linked or be the same physical database in some embodiments. Note also that the campaign management server 104 and the ad server 108 may also directly communicate with each other, communicate over the network 110, or may be integrated into a single server.
The tracking database 140 may also store information regarding the browsing and interaction of the client 124 users with the rich media ads, including, but not limited to: clicking, downloading, printing (such as a coupon or gift card), exposing certain layers of an ad, expanding an ad with a mouse motion over the ad, playing and/or pausing audio or video feeds. This type of information, later referred to as a “data type,” may be obtained through tracking the user's direct interaction with a variety of different rich media ads, and a score is assigned to such interaction according to importance or relevance to an ad campaign of a publisher or an advertiser. Thus, for instance, a download or purchase may receive a high score, such as a 9 or 10, and expanding an ad with mouse motion or exposing ad layers may receive a lower score, such as from a 1 to a 3. Use of the score to develop a monetization model for rich media ads will be covered below.
Brand index-per-impression (BII) can be calculated by dividing the BI with the number of impressions. The method of calculating the BBI is dependent upon the characteristics of the data collected in the bucket 144. As is learned more from empirical data, new schemes for calculating BBI for different bucket types will be developed. Outlined now are two schemes for calculating BBI that may be executed separately, and a third scheme wherein the two schemes are mixed in their execution where choice of one of these schemes depends on the types of data in a rich media ad campaign, among other factors.
As will be further explained in the specific schemes for models explained herein, each bucket 144 may also include various data types of rich media, to include, but not limited to: exposure time, number of advertising layers exposed, .gif pictures, motion video, floating ads, expandable ads, total interaction time with an ad, total number of interactions, filling out a survey or other form or a poll, printing a coupon, or downloading product information. A weight (Wj) and a brand score (Dj) to each data type, and a frequency of access (Nj) is tracked for each data type and associated therewith in each bucket 144 according to category.
In
In
Characteristics of the function include that f(d) is finite, non-negative, real-valued and single-valued for all non-negative and finite d. A function f(, 0, . . . , 0) equals 0, or in other words, no ad exposure and no user interaction implies zero brand index. If d>=d′, then f(d)>=f(d′), or monotonicity, i.e., an increase in exposure or interaction does not decrease BBI. Alternatively, for BBI=f (d1, d2, . . . , dm), dBBI/ddi=fi>0 for all data type inputs i=1, 2, . . . , m. The BBI function is also assumed to have “quasi-concavity” of the production function, i.e., d2BBI/ddi2=fii<0 for all i=1, . . . , m, i.e., a diminishing marginal index. The implication is that each additional unit of ad exposure and interactivity will increase the BBI but by smaller and smaller increments.
User (or client 124) interaction and exposure bucketization may follow the following broad classification of rich media exposure and interaction data. Note that the data types below correspond to those listed in
Exposure Bucket:
BBI Model: Diminishing Returns (non-linear)
Data Types: Exposure Time, Number of Layers Exposed
Ad Format and Media Type Bucket:
BBI Model: Linear
Data Types: Gif, Video, Floating, Expandable
Interaction Bucket:
BBI Model: Diminishing Returns (non-linear)
Data Types: Total Interaction Time, Total Number of Interactions
Conversion Bucket:
BBI Model: Linear
Data Types: Filling a Survey, Form, or Poll, Printing Coupon, Downloading Product Information
The campaign can be set up with initial weights (Wj) assigned to each jth creative. In campaign optimization as shown in
Measurement of Target Group to Brand Affinity Correlation
The measurement model will allow advertisers to determine (or validate) brand affinity of certain demographic, region, time period, or behavioral group with the advertiser's product. The advertiser, before launching a new product for example, can run multiple rich media campaigns with different targeting parameters. The brand index (BI) measurement then can be used to determine which target group the product best appeals to. Below are a couple of examples.
Before launching the new environment friendly “green car,” an automobile manufacturer runs three campaigns with different geographic targeting, e.g., one for a west coast region, one for mid-America, and one for an east coast region. All three campaigns contain the same rich media creative and the same total number of impressions. The advertiser compares the brand index (BI) from each campaign to determine which region to introduce the environment friendly car, or validates, for instance, that the west coast region is the right choice for initial launch.
Before launching a new music album from a specific artist, the promoter wants to determine the demographic on which to focus the marketing dollars. The promoter runs two small campaigns targeting females ages 12 to 30 and females ages 31 to 45 and measures brand index (BI) from each campaign. Larger marketing dollars are attributed to the demographic that has the larger BI index.
Brand Index Based Inventory Trading
Existing CPM and CPC models do not adequately account for the value of rich media brand effectiveness. With a consistent model for measuring BI, publishers, advertisers, and other market makers can trade online rich media ad inventory in terms of brand index in place of using CPM or CPC models.
Brand Index Based Competitive Bidding Model
With precise and automatic measurement (or calculation) of brand index (BI), publishers can open the advertising space based on bidding on price per unit of brand index (PPUBI). This will allow the ad serving system, e.g. the ad server 108 and publisher web server 116, to globally optimize the ad serving based on the best value per serving in a given context. For example, an ad serving system may have multiple advertising campaigns competing for a finance property page north position. The ad serving system would pick the ad from the advertiser which is likely to bring in the highest value based on the combination of bided value from the advertiser and an expected value reflected in BI generated by the advertiser's ad. The expected BI for a particular impression opportunity can be calculated based on the past performance of the ad in a similar context (finance page, north position, user characteristics, etc.). The highest value based on such a combination may be expressed as MAX (PPUBIi*EXP_BIi), where “EXP_BIi” stands for expected BI.
These methods allow for creative optimization based on brand effectiveness of the ad, and provide better utilization of the inventory for both publishers and the advertisers. They also provide a way for advertisers to determine the correct target groups (e.g., demographic, behavior/interest based), region, and/or time period for new product launch. These methods propose more efficient ways to trade rich media inventory than traditionally available (i.e., CPM or CPC based). These methods propose a new bidding model for selling rich media ads, and which will provide optimal value for ad inventory of publishers.
Various modifications, changes, and variations apparent to those of skill in the art may be made in the arrangement, operation, and details of the methods and systems disclosed. The embodiments may include various steps, which may be embodied in machine-executable instructions to be executed by a general-purpose or special-purpose computer (or other electronic device). Alternatively, the steps may be performed by hardware components that contain specific logic for performing the steps, or by any combination of hardware, software, and/or firmware. Embodiments may also be provided as a computer program product including a machine-readable medium having stored thereon instructions that may be used to program a computer (or other electronic device) to perform processes described herein. The machine-readable medium may include, but is not limited to, floppy diskettes, optical disks, CD-ROMs, DVD-ROMs, ROMs, RAMs, EPROMs, EEPROMs, magnetic or optical cards, propagation media or other type of media/machine-readable medium suitable for storing electronic instructions. For example, instructions for performing described processes may be transferred from a remote computer (e.g., a server) to a requesting computer (e.g., a client) by way of data signals embodied in a carrier wave or other propagation medium via a communication link (e.g., network connection).