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Kwai's advertising system boosts revenue with new TWICE prediction framework

Researchers have developed a new framework called TWICE to improve long-horizon conversion prediction in online advertising. This method addresses the challenge of delayed feedback by separating conversion probability from the delay distribution. TWICE was tested in an A/B test on Kwai's advertising system, where it led to significant increases in expected revenue, revenue, and conversions, prompting its full deployment. AI

IMPACT This framework could enhance the effectiveness of online advertising systems by improving prediction accuracy for long-term conversion rates.

RANK_REASON The cluster describes a new research paper detailing a novel framework for conversion prediction, including experimental results and deployment in a real-world system. [lever_c_demoted from research: ic=1 ai=0.7]

Read on arXiv cs.IR (Information Retrieval) →

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Kwai's advertising system boosts revenue with new TWICE prediction framework

COVERAGE [1]

  1. arXiv cs.IR (Information Retrieval) TIER_1 English(EN) · Xialong Liu ·

    TWICE: Two-Clock, Two-Window Learning for Long-Horizon Conversion Prediction in Online Advertising

    Long-horizon conversion prediction under delayed feedback creates a two-clock, two-window learning problem in online advertising. A short base observation window releases recent clicks on the click clock before their outcomes mature, whereas conversions continue to arrive on the …