Modeling rare events: online advertisement targeting using machine learning and data mining
Description
The Turn automatic targeting network provides advertisers a
revolutionary option for online advertising campaigns (online advertising is a
$16 billion industry in 2006 according to the Interactive Advertising Bureau).
An advertiser simply inputs its ad into a self-serve console, and Turn does the
rest. Unlike many ad networks operating today, Turn incorporates extensive
industry expertise and innovative technology from the fields of machine
learning, information science and statistics, to truly make online advertising
risk-free, relevant, simple, effective, and most importantly, profitable. Unlike
traditional ad networks where advertisers need teams of employees to manage
manual targeting including selecting sites or selecting and optimizing hundreds
of thousands of keywords, the Turn network automatically analyzes and targets
ads. Turn’s technology dynamically selects and blends hundreds of variables
such as past performance, brand strength, user profiles, action type and site
categories to determine the best targets for each ad, thus eliminating guesswork,
time and complexity. The Turn network is based on statistical technology that
intelligently targets both text and graphical ads. By dynamically and
automatically selecting and blending targeting variables, Turn can determine
the best ad or group of ads for any situation. Turn offers true pay-forperformance
with its unique bidded CPA model. Because advertisers pay for
actions that they define, Turn eliminates the risk of worthless or fraudulent
clicks. Whether an advertiser is paying for product purchases, site visits, leads,
or email signups, the advertiser is in control of what they pay for and when they
pay for it. In the context of this problem setting (with billions of ad
impressions), this poster will address some key issues in modeling rare events
using machine learning and data mining such as uncertainty, the regression
versus classification dilemma and feature engineering.
| Slides | |
| 0:00 | Modeling rare events: Online advertising using machine learning and data mining |
| 0:39 | Brief Bio |
| 1:56 | Executive Summary |
| 6:23 | Outline |
| 7:03 | Advertising |
| 7:13 | Advertising as Information |
| 8:10 | Online Advertising |
| 8:58 | Bad Ad Placement? |
| 9:27 | A Bitter-Sweet Advertising Moment! |
| 10:32 | Outline |
| 10:33 | Online Advertising (1) |
| 11:11 | Online Advertising (2) |
| 11:30 | Online Advertising (3) |
| 11:34 | Online Advertising (4) |
| 12:06 | Example Ad Networks |
| 13:06 | Online Advertising (1) |
| 13:19 | Online Advertising (2) |
| 14:12 | Ad Agency |
| 15:04 | Online Advertising |
| 15:38 | Ads Formats and sizes |
| 16:03 | Graphical Rectangular Ad |
| 16:13 | Graphical Banner |
| 16:49 | Outline |
| 17:02 | Business Models |
| 18:10 | Some of the Industry Players |
| 18:41 | History (Approximate) |
| 19:50 | Why Online Advertising? |
| 20:24 | Advertiser: Reach |
| 20:47 | Why Online Advertising? |
| 21:07 | 2006 revenue up 35% from 2005 |
| 21:42 | Internet Adv = 5.9% of Total Adv Spend |
| 22:33 | Primary Business Models |
| 23:01 | Performance Advertising +16% |
| 23:21 | Contextual Ads = 40% of revenue |
| 23:46 | Outline |
| 24:38 | Creating an online ad campaign |
| 25:27 | A Typical CPC Ad |
| 25:50 | E.g., Google AdWords (1) |
| 26:08 | E.g., Google AdWords (2) |
| 26:36 | E.g., Google AdWords (3) |
| 26:52 | Regional Targeting |
| 27:08 | Managing Ad Campaigns |
| 29:02 | Expensive Keywords |
| 30:48 | Outline |
| 30:57 | Traditional Sales/Forward Markets |
| 32:38 | Technology |
| 32:54 | OAT Taxonomy (1) |
| 33:28 | OAT Taxonomy (2) |
| 33:44 | Online Advertising |
| 33:56 | Targeting Engine |
| 34:01 | CPC Targeting |
| 34:23 | CPC Paid Search: Target Page |
| 34:49 | CPC Contextual Adv: Target Page |
| 35:10 | Online Advertising |
| 35:30 | ECPM-based ranking for CPC |
| 37:20 | ECPM-based Ranking (Auction) |
| 38:48 | Accurate CTR Estimates are Crucial |
| 40:19 | Ranking Solutions for CPC Ads |
| 41:42 | Ranking Ads using IR (1) |
| 42:30 | Ranking ads using IR (2) |
| 42:57 | Content-Targeted Advertising - Matching strategies |
| 43:38 | Content-Targeted Advertising - Comparison among All Methods |
| 44:11 | Ranking Ads using IR |
| 44:43 | Estimating CTRs using ML |
| 44:58 | ML Features 1/2 |
| 46:06 | ML Features 2/2 |
| 46:33 | Learning Setup (1) |
| 46:57 | Learning Setup (2) |
| 46:59 | Dataset |
| 47:08 | Results |
| 47:09 | CTR Evolution |
| 47:29 | Estimating CTRs using ML |
| 47:49 | Outline |
| 47:53 | Modeling CTR Challenges |
| 49:44 | Other Challenges in the CPC world |
| 50:27 | Expensive Keywords |
| 50:50 | Fraud on Internet |
| 51:15 | CPA versus CPC |
| 51:53 | Outline |
| 51:56 | Conferences/Workshops |
| 52:08 | Bad Ad Placement? |
| 52:11 | Executive Summary |
| 53:26 | CIKM 2008 |
| 53:29 | Napa Valley, California, USA |
| 53:32 | Transportation |
| 53:34 | ACM CIKM 08 Call For Papers |
| 53:49 | CIKM 2008 - Important Dates |
| 54:47 | - Questions |
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