Sponsored by
Digital advertisements of products and services are commonplace in almost every online platform used for distributing and/or selling content, goods, and services. We usually come across these paid digital ads when we visit a website or use an app or watch TV (among other ad-delivery platforms) while interacting with the content. Vendors usually run digital campaigns to manage these ads and pay the online platforms that deliver their ads. In 2024, digital ads spent about $750 billion worldwide. By 2028, it is expected to cross $1 trillion.
Running a digital marketing campaign efficiently involves collecting the performance data about the ads, analyzing those, and adapting the parameters (e.g. ad content, bids for ads) of the campaigns accordingly. When an ad shows up in front of the user on the screen, we say that the ad got an impression. If the ad is of interest to the user, she may click on the ad (for those platforms that allow user interaction). The ratio of the total number of clicks and impressions is called the Click Through Rate (CTR). CTR of an ad is often used by the platform to measure the level of interest of the users to that ad and possibly to the associated product/services it is trying to promote. Therefore, predicting CTR is an important problem in digital campaign management. Conversion from ads is also important particularly in e-commerce platforms where selling goods and services is one of the primary objectives of the vendors.
The objective in this Discovery Challenge is to optimize sponsored ad targeting in e-commerce platforms where ads show up in response to keyword-based search by the users. The first task will involve predicting future CTR for a keyword based on campaign performance data containing keyword bid, cost-per-click (CPC) for thousands of related keywords among others. The second task is to predict future ad-conversion using the provided data set. Participants will develop scalable algorithms that can be used for large scale online campaign management. Agnik is releasing campaign management data for the first time to support this competition and advance machine learning research in this emerging field.
Consider sponsored ads in online e-commerce platforms where ads show up in response to keyword-based searches by the users.
Agnik is releasing campaign management data for the first time to support this competition and advance machine learning research in this emerging field:
There are three tasks:
We will use CodaBench for managing the communications.
Here's the Codabench competition link: https://www.codabench.org/competitions/7588/