7,808 research outputs found
A Novel Method to Calculate Click Through Rate for Sponsored Search
Sponsored search adopts generalized second price (GSP) auction mechanism
which works on the concept of pay per click which is most commonly used for the
allocation of slots in the searched page. Two main aspects associated with GSP
are the bidding amount and the click through rate (CTR). The CTR learning
algorithms currently being used works on the basic principle of (#clicks_i/
#impressions_i) under a fixed window of clicks or impressions or time. CTR are
prone to fraudulent clicks, resulting in sudden increase of CTR. The current
algorithms are unable to find the solutions to stop this, although with the use
of machine learning algorithms it can be detected that fraudulent clicks are
being generated. In our paper, we have used the concept of relative ranking
which works on the basic principle of (#clicks_i /#clicks_t). In this
algorithm, both the numerator and the denominator are linked. As #clicks_t is
higher than previous algorithms and is linked to the #clicks_i, the small
change in the clicks which occurs in the normal scenario have a very small
change in the result but in case of fraudulent clicks the number of clicks
increases or decreases rapidly which will add up with the normal clicks to
increase the denominator, thereby decreasing the CTR.Comment: 10 pages, 1 figur
Beyond Keywords and Relevance: A Personalized Ad Retrieval Framework in E-Commerce Sponsored Search
On most sponsored search platforms, advertisers bid on some keywords for
their advertisements (ads). Given a search request, ad retrieval module
rewrites the query into bidding keywords, and uses these keywords as keys to
select Top N ads through inverted indexes. In this way, an ad will not be
retrieved even if queries are related when the advertiser does not bid on
corresponding keywords. Moreover, most ad retrieval approaches regard rewriting
and ad-selecting as two separated tasks, and focus on boosting relevance
between search queries and ads. Recently, in e-commerce sponsored search more
and more personalized information has been introduced, such as user profiles,
long-time and real-time clicks. Personalized information makes ad retrieval
able to employ more elements (e.g. real-time clicks) as search signals and
retrieval keys, however it makes ad retrieval more difficult to measure ads
retrieved through different signals. To address these problems, we propose a
novel ad retrieval framework beyond keywords and relevance in e-commerce
sponsored search. Firstly, we employ historical ad click data to initialize a
hierarchical network representing signals, keys and ads, in which personalized
information is introduced. Then we train a model on top of the hierarchical
network by learning the weights of edges. Finally we select the best edges
according to the model, boosting RPM/CTR. Experimental results on our
e-commerce platform demonstrate that our ad retrieval framework achieves good
performance
Multi-keyword multi-click advertisement option contracts for sponsored search
In sponsored search, advertisement (abbreviated ad) slots are usually sold by
a search engine to an advertiser through an auction mechanism in which
advertisers bid on keywords. In theory, auction mechanisms have many desirable
economic properties. However, keyword auctions have a number of limitations
including: the uncertainty in payment prices for advertisers; the volatility in
the search engine's revenue; and the weak loyalty between advertiser and search
engine. In this paper we propose a special ad option that alleviates these
problems. In our proposal, an advertiser can purchase an option from a search
engine in advance by paying an upfront fee, known as the option price. He then
has the right, but no obligation, to purchase among the pre-specified set of
keywords at the fixed cost-per-clicks (CPCs) for a specified number of clicks
in a specified period of time. The proposed option is closely related to a
special exotic option in finance that contains multiple underlying assets
(multi-keyword) and is also multi-exercisable (multi-click). This novel
structure has many benefits: advertisers can have reduced uncertainty in
advertising; the search engine can improve the advertisers' loyalty as well as
obtain a stable and increased expected revenue over time. Since the proposed ad
option can be implemented in conjunction with the existing keyword auctions,
the option price and corresponding fixed CPCs must be set such that there is no
arbitrage between the two markets. Option pricing methods are discussed and our
experimental results validate the development. Compared to keyword auctions, a
search engine can have an increased expected revenue by selling an ad option.Comment: Chen, Bowei and Wang, Jun and Cox, Ingemar J. and Kankanhalli, Mohan
S. (2015) Multi-keyword multi-click advertisement option contracts for
sponsored search. ACM Transactions on Intelligent Systems and Technology, 7
(1). pp. 1-29. ISSN: 2157-690
Scalable Semantic Matching of Queries to Ads in Sponsored Search Advertising
Sponsored search represents a major source of revenue for web search engines.
This popular advertising model brings a unique possibility for advertisers to
target users' immediate intent communicated through a search query, usually by
displaying their ads alongside organic search results for queries deemed
relevant to their products or services. However, due to a large number of
unique queries it is challenging for advertisers to identify all such relevant
queries. For this reason search engines often provide a service of advanced
matching, which automatically finds additional relevant queries for advertisers
to bid on. We present a novel advanced matching approach based on the idea of
semantic embeddings of queries and ads. The embeddings were learned using a
large data set of user search sessions, consisting of search queries, clicked
ads and search links, while utilizing contextual information such as dwell time
and skipped ads. To address the large-scale nature of our problem, both in
terms of data and vocabulary size, we propose a novel distributed algorithm for
training of the embeddings. Finally, we present an approach for overcoming a
cold-start problem associated with new ads and queries. We report results of
editorial evaluation and online tests on actual search traffic. The results
show that our approach significantly outperforms baselines in terms of
relevance, coverage, and incremental revenue. Lastly, we open-source learned
query embeddings to be used by researchers in computational advertising and
related fields.Comment: 10 pages, 4 figures, 39th International ACM SIGIR Conference on
Research and Development in Information Retrieval, SIGIR 2016, Pisa, Ital
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