Method for determining demand and pricing of advertising time in the media industry
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United States of America Patent
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Mar 11, 2008
Grant Date -
Mar 13, 2003
app pub date -
Aug 12, 2002
filing date -
Aug 10, 2001
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The present invention utilizes customer/user generated data and market available data to provide a framework and guidance for a seller to price advertising time and space for programs offered by a media outlet, and to project future demand for advertising time and space. The invention determines the number available advertising spots (avails) that exist in a market, the projected rating of the avail, the historical advertising avail sales price, and a reasonable target price for each avail. It utilizes avail request information from individual advertising agency clients, sellout data from broadcast media, together with ratings and projections from published rating services (such as Neilsen and CMR) to produce a series of reports that provide needed information to create projections of future inventory, demand and pricing ranges. The reports include avail demand and analysis reports, market blueprint reports, market CPP tolerance reports, pricing grids, and market share trend reports.
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