Valuation Flashcards
1
Q
What is valuation?
A
- The process by which our system determines a bid amount.
- Determine the appropriate price for an auction based on the likelihood that an event that the advertiser values will occur.
2
Q
What additional factors affect the final bid?
A
- Advertiser KPI
- Booked Revenue
- Goal priority and BPP
- Payment type
- Managed Vs RTB
3
Q
Legacy valuation
A
One algorithm to rule them all. Bidding behaviour was the same across all revenue types.
EV = GOAL x P(success event) x u x 1000 = Bid
4
Q
ALI valuation
A
There is not single bid formula