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We Know What You Want: An Advertising Strategy Recommender System for Online Advertising

Published: 14 August 2021 Publication History

Abstract

Advertising expenditures have become the major source of revenue for e-commerce platforms. Providing good advertising experiences for advertisers by reducing their costs of trial and error in discovering the optimal advertising strategies is crucial for the long-term prosperity of online advertising. To achieve this goal, the advertising platform needs to identify the advertiser's optimization objectives, and then recommend the corresponding strategies to fulfill the objectives. In this work, we first deploy a prototype of strategy recommender system on Taobao display advertising platform, which indeed increases the advertisers' performance and the platform's revenue, indicating the effectiveness of strategy recommendation for online advertising. We further augment this prototype system by explicitly learning the advertisers' preferences over various advertising performance indicators and then optimization objectives through their adoptions of different recommending advertising strategies. We use contextual bandit algorithms to efficiently learn the advertisers' preferences and maximize the recommendation adoption, simultaneously. Simulation experiments based on Taobao online bidding data show that the designed algorithms can effectively optimize the strategy adoption rate of advertisers.

Supplementary Material

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Cited By

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  • (2024)Spending Programmed Bidding: Privacy-friendly Bid Optimization with ROI Constraint in Online AdvertisingProceedings of the 30th ACM SIGKDD Conference on Knowledge Discovery and Data Mining10.1145/3637528.3671540(5731-5740)Online publication date: 25-Aug-2024
  • (2024)Model-based approaches to profit-aware recommendationExpert Systems with Applications: An International Journal10.1016/j.eswa.2024.123642249:PBOnline publication date: 1-Sep-2024
  • (2024)Economic recommender systems – a systematic reviewElectronic Commerce Research and Applications10.1016/j.elerap.2023.10135263:COnline publication date: 17-Apr-2024
  • Show More Cited By

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      cover image ACM Conferences
      KDD '21: Proceedings of the 27th ACM SIGKDD Conference on Knowledge Discovery & Data Mining
      August 2021
      4259 pages
      ISBN:9781450383325
      DOI:10.1145/3447548
      Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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      Publication History

      Published: 14 August 2021

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      Author Tags

      1. advertising strategy recommendation
      2. display advertisement
      3. e-commerce

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      • Research-article

      Funding Sources

      • Shanghai Science and Technology fund
      • Science and Technology Innovation 2030
      • China NSF grant
      • Alibaba Group

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      KDD '21
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      Overall Acceptance Rate 1,133 of 8,635 submissions, 13%

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      Cited By

      View all
      • (2024)Spending Programmed Bidding: Privacy-friendly Bid Optimization with ROI Constraint in Online AdvertisingProceedings of the 30th ACM SIGKDD Conference on Knowledge Discovery and Data Mining10.1145/3637528.3671540(5731-5740)Online publication date: 25-Aug-2024
      • (2024)Model-based approaches to profit-aware recommendationExpert Systems with Applications: An International Journal10.1016/j.eswa.2024.123642249:PBOnline publication date: 1-Sep-2024
      • (2024)Economic recommender systems – a systematic reviewElectronic Commerce Research and Applications10.1016/j.elerap.2023.10135263:COnline publication date: 17-Apr-2024
      • (2023)A Survey on Bid Optimization in Real-Time Bidding Display AdvertisingACM Transactions on Knowledge Discovery from Data10.1145/362860318:3(1-31)Online publication date: 9-Dec-2023
      • (2023)A Personalized Automated Bidding Framework for Fairness-aware Online AdvertisingProceedings of the 29th ACM SIGKDD Conference on Knowledge Discovery and Data Mining10.1145/3580305.3599765(5544-5553)Online publication date: 6-Aug-2023
      • (2023)ALT: An Automatic System for Long Tail Scenario Modeling2023 IEEE 39th International Conference on Data Engineering (ICDE)10.1109/ICDE55515.2023.00231(3017-3030)Online publication date: Apr-2023
      • (2023)Contextual Advertising Strategy Generation via Attention and Interaction Guidance2023 IEEE 10th International Conference on Data Science and Advanced Analytics (DSAA)10.1109/DSAA60987.2023.10302533(1-10)Online publication date: 9-Oct-2023

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