Systems and methods for increasing digital marketing campaign efficiency
AssigneeQuartile Digital, Inc.
InventorsDaniel Knijnik, Anibal Knijnik, Eduardo Knijnik
Life of this patent
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AssigneeQuartile Digital, Inc.
InventorsDaniel Knijnik, Anibal Knijnik, Eduardo Knijnik
Estimating the term…
A method and associated system of managing advertising spending in an advertising campaign for an online marketplace seller, including, under control of one or more processors configured with executable instructions, defining a sales goal; setting a daily advertising budget and a bid value for an advertising campaign of the product; executing the advertising campaign; automatically collecting sales data relating to the product on the online marketplace; executing a machine learning component of an adaptive machine learning platform to generate a machine learning component output, at least in part based on the sales data; generating, based at least in part on the machine learning component output of the machine learning component, one or more sales milestones for the product on the online marketplace; comparing the sales data to the one or more sales milestones; and adjusting the daily advertising budget or the bid value to meet the sales goal.
A method for improving the effectiveness of an adaptive machine learning platform in forecasting sales to determine whether a sales goal of an online marketplace seller is attainable, thereby discontinuing or modifying an advertising campaign generated by the online marketplace seller, the method performed by an application including one or more programs of instruction embodied in a non-transitory computer readable medium and executable by a processor to configure the application, comprising:
A system for improving the effectiveness of an adaptive machine learning platform in forecasting sales to determine whether a sales goal of an online marketplace seller is attainable, thereby discontinuing or modifying an advertising campaign generated by the online marketplace seller, the system comprising:
Dependencies are inferred from the claim text.