METHOD AND SYSTEM FOR DYNAMICALLY OPTIMIZING PROFIT FOR GUARANTEED DEAL BIDDING
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United States of America Patent
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Issued Date -
Nov 21, 2013
app pub date -
May 16, 2012
filing date -
May 16, 2012
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A computer-implemented method of optimizing real time profit for guaranteed deal bidding includes receiving a plurality of inputs for a guaranteed deal. The computer-implemented method also includes formulating an expected profit for the guaranteed deal based on the plurality of inputs. Further, the computer-implemented method includes optimizing the expected profit dynamically by varying a bid amount. Furthermore, the computer-implemented method includes rendering an advertisement corresponding to a bidder to attain a maximum profit.
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