TY - GEN
T1 - Computational television advertising
AU - Balakrishnan, Suhrid
AU - Chopra, Sumit
AU - Applegate, David
AU - Urbanek, Simon
PY - 2012
Y1 - 2012
N2 - Ever wonder why that Kia Ad ran during Iron Chef? Traditional advertising methodology on television is a fascinating mix of marketing, branding, measurement, and predictive modeling. While still a robust business, it is at risk with the recent growth of online and time-shifted (recorded) television. A particular issue is that traditional methods for television advertising are far less efficient than their counterparts in the online world which employ highly sophisticated computational techniques. This paper formalizes an approach to eliminate some of these inefficiencies by recasting the process of television advertising media campaign generation in a computational framework. We describe efficient mathematical approaches to solve for the task of finding optimal campaigns for specific target audiences. In two case studies, our campaigns report gains in key operational metrics of up to 56% compared to campaigns generated by traditional methods.
AB - Ever wonder why that Kia Ad ran during Iron Chef? Traditional advertising methodology on television is a fascinating mix of marketing, branding, measurement, and predictive modeling. While still a robust business, it is at risk with the recent growth of online and time-shifted (recorded) television. A particular issue is that traditional methods for television advertising are far less efficient than their counterparts in the online world which employ highly sophisticated computational techniques. This paper formalizes an approach to eliminate some of these inefficiencies by recasting the process of television advertising media campaign generation in a computational framework. We describe efficient mathematical approaches to solve for the task of finding optimal campaigns for specific target audiences. In two case studies, our campaigns report gains in key operational metrics of up to 56% compared to campaigns generated by traditional methods.
KW - Computational advertising
KW - Media campaign generation
KW - Optimization
KW - Television advertising
UR - http://www.scopus.com/inward/record.url?scp=84874083037&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84874083037&partnerID=8YFLogxK
U2 - 10.1109/ICDM.2012.129
DO - 10.1109/ICDM.2012.129
M3 - Conference contribution
AN - SCOPUS:84874083037
SN - 9780769549057
T3 - Proceedings - IEEE International Conference on Data Mining, ICDM
SP - 71
EP - 80
BT - Proceedings - 12th IEEE International Conference on Data Mining, ICDM 2012
T2 - 12th IEEE International Conference on Data Mining, ICDM 2012
Y2 - 10 December 2012 through 13 December 2012
ER -