TL;DR
This paper introduces two deep convolutional neural network models operating at character and word levels to predict click-through rates in sponsored search, reducing engineering effort and improving prediction accuracy.
Contribution
The paper presents novel character-level and word-level deep CNN architectures for CTR prediction that learn language representations from scratch using only textual content.
Findings
Both models outperform baseline and word2vec-based approaches.
Character-level model learns language representations from scratch.
Combining models improves production system accuracy.
Abstract
Predicting the click-through rate of an advertisement is a critical component of online advertising platforms. In sponsored search, the click-through rate estimates the probability that a displayed advertisement is clicked by a user after she submits a query to the search engine. Commercial search engines typically rely on machine learning models trained with a large number of features to make such predictions. This is inevitably requires a lot of engineering efforts to define, compute, and select the appropriate features. In this paper, we propose two novel approaches (one working at character level and the other working at word level) that use deep convolutional neural networks to predict the click-through rate of a query-advertisement pair. Specially, the proposed architectures only consider the textual content appearing in a query-advertisement pair as input, and produce as output a…
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