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MEBS: Multi-task End-to-end Bid Shading for Multi-slot Display Advertising

Published: 21 October 2023 Publication History

Abstract

Online bidding and auction are crucial aspects of the online advertising industry. Conventionally, there is only one slot for ad display and most current studies focus on it. Nowadays, multi-slot display advertising is gradually becoming popular where many ads could be displayed in a list and shown as a whole to users. However, multi-slot display advertising leads to different cost-effectiveness. Advertisers have the incentive to adjust bid prices so as to win the most economical ad positions. In this study, we introduce bid shading into multi-slot display advertising for bid price adjustment with a Multi-task End-to-end Bid Shading~(MEBS) method. We prove the optimality of our method theoretically and examine its performance experimentally. Through extensive offline and online experiments, we demonstrate the effectiveness and efficiency of our method, and we obtain a 7.01% lift in Gross Merchandise Volume, a 7.42% lift in Return on Investment, and a 3.26% lift in ad buy count.

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    cover image ACM Conferences
    CIKM '23: Proceedings of the 32nd ACM International Conference on Information and Knowledge Management
    October 2023
    5508 pages
    ISBN:9798400701245
    DOI:10.1145/3583780
    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 the author(s) 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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    Published: 21 October 2023

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    Author Tags

    1. bid shading
    2. multi-slot
    3. online advertising

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    • China NSF
    • Tencent Rhino Bird Key Research Project
    • Shanghai Science and Technology fund
    • National Key R&D Program of China
    • Alibaba Group

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