predicting clicks: estimating the click through rate for new ads


What is ad clicks and click-through rate?

    Ad Clicks, or simply Clicks, is a marketing metric that counts the number of times users have clicked on a digital advertisement to reach an online property. Click-Through Rate (CTR) is the percentage of clicks on your link that generate impressions. CTR is broadly applicable to links on web pages and in emails and advertisements.

Why is it important to accurately estimate the click-through rate?

    For these reasons, it is important to be able to accurately estimate the click-through rate of ads in the system. For ads that have been displayed repeatedly, this is empir- ically measurable, but for new ads, other means must be used.

What is click-through rate (CTR) prediction model?

    Click-through rate (CTR) prediction model is an essential component for the large-scale search ranking, online advertising and recommendation system [4,9,20,37]. ... ... Click-through rate (CTR) prediction model is an essential component for the large-scale search ranking, online advertising and recommendation system [4,9,18,33]. ... ...

How much does a click cost in search advertising?

    “Averages” are technically median figures to account for outliers. Cost per click in search advertising is driven by many factors. As demonstrated in the table below, depending on the industry, a click could cost a marketer less than $1 or as much as $8-9, such as those in attorneys & legal services.
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