1. Field of the Invention
The present invention generally relates to electronic advertising. Specifically, the present invention provides a system and method for managing electronic advertising responsive to traffic congestion.
2. Related Art
New technologies have made it economically viable to deploy electronic advertisements in locations where print media was used exclusively previously. One of the primary differences between electronic and print media is that the advertisement displayed by the electronic media can be varied with a frequency that is not economically viable with print. That is, the same electronic billboard can display different advertisements for the same or different advertisers in a regular or irregular pattern. For example, the same billboard may display three advertisements and cycle through them at 30 second intervals. The ability to display multiple advertisements from the same billboard introduces several unique problems and opportunities. In the case of a roadside billboard, an advertiser may be willing to pay more to have his advertisement shown when traffic congestion is high and there are more vehicles traveling by the sign. Alternately, the owner of the billboard may bill the advertiser for each potential viewer of the advertisement.
While the art teaches that there are electronic billboards that can count viewers, there is a deficiency in the state of the art whereby a viewer can stand in front of the sign for 30 seconds and be weighed just as heavily as someone who stands in front of the sign for 30 minutes. Likewise, in the case of vehicles, a vehicle passing by a billboard at 60 MPH is counted the same as a vehicle stuck in standstill congestion in front of the billboard. It is quite likely that the advertiser would be willing to pay more per viewer and the billboard owner would be able to charge more for the use of the billboard if the viewer is in front of the advertisement longer. This is not possible to determine using prior art techniques and systems.
Therefore, there exists a need for a solution that solves at least one of the deficiencies of the related art.
In general, the present invention provides a way to integrate mechanisms for counting vehicle traffic, for providing electronic advertising, for providing a billing system, and for providing an auction system to provide the following features:
In summary, the present invention is a system and method for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly via a singular solution.
These and other features of this invention will be more readily understood from the following detailed description of the various aspects of the invention taken in conjunction with the accompanying drawings in which:
The drawings are not necessarily to scale. The drawings are merely schematic representations, not intended to portray specific parameters of the invention. The drawings are intended to depict only typical embodiments of the invention, and therefore should not be considered as limiting the scope of the invention. In the drawings, like numbering represents like elements.
The present invention provides a system and method for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly via a singular solution.
As shown in
a) a traffic congestion detection apparatus 102 (capable of estimating aggregate flow and/or individual vehicle count);
b) electronic advertising display device 104 such as a video billboard;
c) a control system 106 that manages the currently displayed advertisement;
d) an auction system 108 that enables advertisers to bid for display of their respective advertisement based on congestion/vehicle count;
e) a billing/accounting system 110 for calculating charges based on frequency with which advertisement is displayed, and/or the number of vehicles that pass within visible range of the advertising media; and
f) one or more advertisers 112 with advertisements (g0, g1, g2 . . . gN) to display on the electronic advertising display device, all, a) through f), connected to a communications channel 114.
The system works as follows: the advertisements g0, g1, g2 . . . gN from advertisers 112 are displayed on electronic advertising display device 104. The traffic congestion detection apparatus 102 communicates with control system 106 providing information on the current traffic congestion level. The control system 106 relays congestion information to auction system 108, and one or more advertisers 112 place bids to have their advertisement (g0, g1, g2 . . . gN) shown, with higher congestion levels presumably considered more valuable than lower congestion levels. As the congestion levels reported by traffic congestion detection apparatus 102 to control system 106, and control system 106 updates the advertisement (g0, g1, g2 . . . gN) shown on electronic advertising display device 104.
In an alternate embodiment, traffic congestion detection apparatus 102 maintains an absolute count of the number of vehicles which pass electronic advertising display device 104. Control system 106 controls electronic advertising display device 104, causing electronic advertising display device 104 to cycle through one or more displayed advertisements. As control system 106 causes electronic advertising display device 104 to transition from g0 to g1, control system 106 queries traffic congestion detection apparatus 102 to determine the total number of vehicles that have passed electronic advertising display device 104 to date (T0). As control system 106 causes electronic advertising display device 104 to transition from g1 to g2, control system 106 queries traffic congestion detection apparatus 102 to determine the total number of vehicles that have passed electronic advertising display device 104 to date (T1). Control system 106 subtracts T0 from T1, giving the total number of vehicles that have passed electronic advertising display device 104 while g1 was displayed. Control system 106 passes this total to billing/accounting system 110. Billing/accounting system 110 calculates the total charge to one or more advertisers 112 by multiplying the charge per vehicle by the number of vehicles reported by control system 106.
It should be understood that the present invention is typically computer-implemented via hardware and/or software. As such, and client systems and/or servers will include computerized components as known in the art. Such components typically include (among others), a processing unit, a memory, a bus, input/output (I/O) interfaces, external devices, etc. It should also be understood that although a specific embodiment involving a system and method for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly via a singular solution has been depicted and described, the present invention could be implemented in conjunction with any type of data processing system.
While shown and described herein as a system and method for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly via a singular solution, it is understood that the invention further provides various alternative embodiments. For example, in one embodiment, the invention provides a computer-readable/useable medium that includes computer program code to enable a computer infrastructure for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly via a singular solution. To this extent, the computer-readable/useable medium includes program code that implements each of the various process steps of the invention. It is understood that the terms computer-readable medium or computer useable medium comprises one or more of any type of physical embodiment of the program code. In particular, the computer-readable/useable medium can comprise program code embodied on one or more portable storage articles of manufacture (e.g., a compact disc, a magnetic disk, a tape, etc.), on one or more data storage portions of a computing device, such as memory and/or storage system (e.g., a fixed disk, a read-only memory, a random access memory, a cache memory, etc.), and/or as a data signal (e.g., a propagated signal) traveling over a network (e.g., during a wired/wireless electronic distribution of the program code).
In another embodiment, the invention provides a computer-implemented method for measuring the rate at which traffic moves past, showing an ad for a weighted ratio of seconds per viewer, and billing advertisers accordingly. In this case, a computerized infrastructure can be provided and one or more systems for performing the process steps of the invention can be obtained (e.g., created, purchased, used, modified, etc.) and deployed to the computerized infrastructure. To this extent, the deployment of a system can comprise one or more of (1) installing program code on a computing device, such as computer system from a computer-readable medium; (2) adding one or more computing devices to the computer infrastructure; and (3) incorporating and/or modifying one or more existing systems of the computer infrastructure to enable the computerized infrastructure to perform the process steps of the invention.
As used herein, it is understood that the terms “program code” and “computer program code” are synonymous and mean any expression, in any language, code or notation, of a set of instructions intended to cause a computing device having an information processing capability to perform a particular function either directly or after either or both of the following: (a) conversion to another language, code or notation; and/or (b) reproduction in a different material form. To this extent, program code can be embodied as one or more of: an application/software program, component software/a library of functions, an operating system, a basic I/O system/driver for a particular computing and/or I/O device, and the like.
A data processing system which could be used as part of the present invention, such as that system 400 shown in
Network adapters (network adapter 438) may also be coupled to the system to enable the data processing system (as shown in
The foregoing description of various aspects of the invention has been presented for purposes of illustration and description. It is not intended to be exhaustive or to limit the invention to the precise form disclosed, and obviously, many modifications and variations are possible. Such modifications and variations that may be apparent to a person skilled in the art are intended to be included within the scope of the invention as defined by the accompanying claims.