Automated price maintenance for use with a system in which advertisements are rendered with relative preference based on performance information and price information

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United States of America Patent

PATENT NO 7844493
SERIAL NO

10340542

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Abstract

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A cost maintenance scheme useful with an advertising system which orders ads in a manner that maximizes both their relevance and their economic value, and which provides a fair bidding process in which a winning bidder is assured of not having paid too much. Ordering may be done based on accepted maximum ad bid information and/or ad performance information. For example, this information may be used to determine a position value. Cost may be determined based on accepted maximum ad bid information and/or performance information. Billing the determined cost may be subject to a condition precedent.

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Patent Owner(s)

Patent OwnerAddress
GOOGLE LLC1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Kamangar, Salar Arta Palo Alto, US 14 742
Veach, Eric Mountain View, US 27 824

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