Scalable Semantic Matching of Queries to Ads in Sponsored Search Advertising
Mihajlo Grbovic, Nemanja Djuric, Vladan Radosavljevic, Fabrizio, Silvestri, Ricardo Baeza-Yates, Andrew Feng, Erik Ordentlich, Lee Yang, Gavin, Owens

TL;DR
This paper introduces a scalable semantic embedding approach for matching search queries to ads, improving relevance and revenue in sponsored search through large-scale data-driven learning and addressing cold-start issues.
Contribution
We propose a novel distributed embedding learning method for large-scale sponsored search, incorporating contextual signals and addressing cold-start problems, with open-source embeddings for research use.
Findings
Significant improvement in relevance and coverage over baselines.
Enhanced incremental revenue in online experiments.
Effective handling of cold-start for new ads and queries.
Abstract
Sponsored search represents a major source of revenue for web search engines. This popular advertising model brings a unique possibility for advertisers to target users' immediate intent communicated through a search query, usually by displaying their ads alongside organic search results for queries deemed relevant to their products or services. However, due to a large number of unique queries it is challenging for advertisers to identify all such relevant queries. For this reason search engines often provide a service of advanced matching, which automatically finds additional relevant queries for advertisers to bid on. We present a novel advanced matching approach based on the idea of semantic embeddings of queries and ads. The embeddings were learned using a large data set of user search sessions, consisting of search queries, clicked ads and search links, while utilizing contextual…
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