The present invention relates to systems and methods for management of an advertising exchange using email data, and, more specifically, to systems and methods for managing access and purchase of advertising inventory using email data.
Targeted marketing is a commonly used tool for improving return on investment for advertising expenditures. In general, the more accurate the targeting is to consumers, the more benefit is received from the advertising campaign.
Currently, there are no existing systems that utilize email data to operate a publisher advertiser exchange. In existing systems, advertisers must work directly with sets of independent publishers. This requires negotiating multiple rates while conforming to multiple standards. Alternatively, the advertisers must work through an agency, which do not provide transparency or economies of scale.
Needs exist for improved systems and methods for improved systems and methods for marketing campaigns.
The accompanying drawings, which are included to provide a further understanding of the invention and are incorporated in and constitute a part of this specification, illustrate preferred embodiments of the invention and together with the detailed description serve to explain the principles of the invention. In the drawings:
Systems and methods are described for using various tools and procedures for management of an advertising exchange using email data. In certain embodiments, the tools and procedures may be used in conjunction with improved performance of targeted advertising campaigns in the email channel. The examples described herein relate to email channels for illustrative purposes only. The systems and methods described herein may be used for many different channels, industries and purposes, including any type of marketing campaigns and/or other industries completely. In particular, the systems and methods may be used for any industry or purpose where targeted marketing is needed. For example, email data could be used to operate an exchange for SMS marketing or social media marketing. For multi-step processes or methods, steps may be performed by one or more different parties, servers, processors, etc.
Certain embodiments may provide systems and methods for targeted advertising. Systems and methods may aggregate email inventory from multiple publishers across demographic, psychographic, implicit, explicit, imputed, and computed attributes. The aggregated email inventory may be visible to advertisers. This may facilitate purchase of data for the purpose of targeting and sending third party dedicated emails.
Certain embodiments may allow advertisers to easily access and purchase email data enabling them to optimize yield across dedicated email audiences. In addition, publishers may be able to monetize inventory at a premium and more often than with existing system because the inventory is available to multiple advertisers and aggregated in a marketplace.
An email channel may be any communication sent electronically to an electronic address, i.e., sent via email. In certain embodiments, an email channel may refer to sending of third party advertisements through email.
In general, inventory may be a general term for a unit of advertising space, such as a magazine page, television airtime, direct mail message, email messages, text messages, telephone calls, etc. Advertising inventory may be advertisements a publisher has available to sell to an advertiser. In certain embodiments, advertising inventory may refer to a number of email advertisements being bought and/or sold. The terms inventory and advertising inventory may be used interchangeably. For email marketing campaigns, advertising inventory is typically an email message.
A publisher may be an entity that sells advertising inventory, such as those produced by the systems and methods herein, to their email subscriber database. An advertiser may be a buyer of publisher email inventory. Examples of advertisers may include various retailers. A marketplace may allow advertisers and publishers to buy and sell advertising inventory. Marketplaces, also called exchanges or networks, may be used to sell display, video, and mobile inventory. In certain embodiments, a marketplace may be an email exchange/email marketplace. An email exchange may be a type of marketplace that facilitates buying and/or selling of inventory between advertisers and publishers. This inventory may be characterized based on customer attributes used in marketing campaigns. Therefore, an email exchange may have inventory that can be queried by each advertiser. This may increase efficiency of advertisers when purchasing inventory. A private network may be a marketplace that has more control and requirements for participation by both advertisers and publishers.
An individual record/prospect may be at least one identifier of a target. In certain embodiments, the individual record/prospect may be identified by a record identification mechanism, such as a specific email address (individual or household) that receives an email message.
An audience may be a group of records, which may be purchased as inventory. In certain embodiments, an audience may be a group of records selected from publisher databases of available records. The subset of selected records may adhere to a predetermined set of criteria, such as common age range, common shopping habits, and/or similar lifestyle situation (i.e., stay at home mother). Advertisers generally select the predetermined set of criteria when they are making an inventory purchase.
Although not required, the systems and methods are described in the general context of computer program instructions executed by one or more computing devices that can take the form of a traditional server/desktop/laptop; mobile device such as a smartphone or tablet; etc. Computing devices typically include one or more processors coupled to data storage for computer program modules and data. Key technologies include, but are not limited to, the multi-industry standards of Microsoft and Linux/Unix based Operating Systems; databases such as SQL Server, Oracle, NOSQL, and DB2; Business Analytic/Intelligence tools such as SPSS, Cognos, SAS, etc.; development tools such as Java,.NET Framework (VB.NET, ASP.NET, AJAX.NET, etc.); and other e-Commerce products, computer languages, and development tools. Such program modules generally include computer program instructions such as routines, programs, objects, components, etc., for execution by the one or more processors to perform particular tasks, utilize data, data structures, and/or implement particular abstract data types. While the systems, methods, and apparatus are described in the foregoing context, acts and operations described hereinafter may also be implemented in hardware.
Server/computing device 102 may represent, for example, any one or more of a server, a general-purpose computing device such as a server, a personal computer (PC), a laptop, a smart phone, a tablet, and/or so on. Networks 104 represent, for example, any combination of the Internet, local area network(s) such as an intranet, wide area network(s), cellular networks, WIFI networks, and/or so on. Such networking environments are commonplace in offices, enterprise-wide computer networks, etc. Client computing devices 106, which may include at least one processor, represent a set of arbitrary computing devices executing application(s) that respectively send data inputs to server/computing device 102 and/or receive data outputs from server/computing device 102. Such computing devices include, for example, one or more of desktop computers, laptops, mobile computing devices (e.g., tablets, smart phones, human wearable device), server computers, and/or so on. In this implementation, the input data comprises, for example, publisher data, audience data, email data, and/or so on, for processing with server/computing device 102. In one implementation, the data outputs include, for example, emails, templates, forms, and/or so on. Embodiments of the present invention may also be used for collaborative projects with multiple users logging in and performing various operations on a data project from various locations. Embodiments of the present invention may be web-based, smart phone-based and/or tablet-based or human wearable device based.
In this exemplary implementation, server/computing device 102 includes at least one processor coupled to a system memory. System memory may include computer program modules and program data.
In this exemplary implementation, server/computing device 102 includes at least one processor 202 coupled to a system memory 204, as shown in
As shown in
A system 301 may aggregate data from one or more publishers into a unified database. A network of publishers 303 may be provided and/or accessible. In certain embodiments, the network of publishers 303 may be a private network of publishers. Each of the publishers 305, such as Publisher A, may include audience data. The audience data for each publisher may be transformed and aligned into a unified email database 307. An advertiser facing query tool 309 may interact with the unified email database 307 to provide advertisers with requested information. Data may be accessed from and/or provided by one or more sources.
A system 401 may aggregate data from one or more publishers into a unified database. A network of publishers 403 may be provided and/or accessible. In certain embodiments, the network of publishers 403 may be a private network of publishers. Publishers A-D are shown in
Each of the publishers 405, such as Publisher A, may include audience data. Audience data may include individual and household level demographics from self-reported sources and third party vendors, digital shopping behavior across other marketing campaigns, and offline shopping behavior sourced from catalogues, loyalty cards, retail stores, etc. Audience data may include one or more of the following:
The audience data for each publisher may be transformed and aligned into a unified email database 407. Publishers may provide records with audience attributes. As such publishers may provide records with the same types of information, but not always all of the same type of information. Publisher records may be transformed into a common format with a set of cleaning and augmentation procedures applied, such as, but not limited to, filling in gaps, layering on new information, etc. Publishers can pass data in any format, which may be independent of the destination format. As such, the transforming may include normalizing the audience data, converting the audience data to a predetermined format, inputting missing values, appending additional information, cleansing, and manipulating the data for querying in a unified customer database. Each of the publisher records may be stored separately in the email database and/or may be merged into a single database.
An advertiser facing query tool 409 may interact with the unified email database 407 to provide advertisers with requested information. Data may be accessed from and/or provided by one or more sources. The front end query tool 409 may allow advertisers to count available email inventory across the publisher email database.
Although the foregoing description is directed to the preferred embodiments of the invention, it is noted that other variations and modifications will be apparent to those skilled in the art, and may be made without departing from the spirit or scope of the invention. Moreover, features described in connection with one embodiment of the invention may be used in conjunction with other embodiments, even if not explicitly stated above.
This application claims benefit under 35 U.S.C. §119(e) from U.S. Provisional Application No. 62/025,162, filed on Jul. 16, 2014 and U.S. Provisional Application No. 62/025,158, filed on Jul. 16, 2014. The disclosures of each of the applications cited in this paragraph are incorporated herein by reference in their entireties.
Number | Date | Country | |
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62025158 | Jul 2014 | US | |
62025162 | Jul 2014 | US |