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Forecasting cost-per-click of keywords in Google’s competitive paid search advertising market: a time-series clustering approach

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Detalhes bibliográficos
Resumo:Accurately forecasting Cost-per-Click of paid search advertising is essential for performance marketers to allocate budgets that optimize marketing campaign returns. In this study, we perform a comprehensive analysis using various time-series forecasting methods to predict daily average CPC of keywords in the car rental sector. Our results show the power of statistical models on noisy keyword-level CPC time-series on short to medium horizons, only being outperformed by more complex neural networks on longer horizons. Advanced forecasting approaches leveraging competition did not yield significant accuracy improvements. Additional experiments with fine tuned foundational models for time-series showed promising results, optimizing practicality and accuracy.
Autores principais:May, Leon
Assunto:Time-series forecasting Search advertising Deep learning Time-series clustering Graph neural networks Foundational models Digital advertising Cost-per-Click
Ano:2025
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso embargado
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:Accurately forecasting Cost-per-Click of paid search advertising is essential for performance marketers to allocate budgets that optimize marketing campaign returns. In this study, we perform a comprehensive analysis using various time-series forecasting methods to predict daily average CPC of keywords in the car rental sector. Our results show the power of statistical models on noisy keyword-level CPC time-series on short to medium horizons, only being outperformed by more complex neural networks on longer horizons. Advanced forecasting approaches leveraging competition did not yield significant accuracy improvements. Additional experiments with fine tuned foundational models for time-series showed promising results, optimizing practicality and accuracy.