On Monday, Yahoo presented a new booking system for online advertising. The completely redesigned platform for search engine marketing is to be launched in the third quarter of this year and will replace the original system. With the new platform, Yahoo wants to make it easy for companies to target Yahoo users worldwide. Search engine marketing campaigns will be brought online faster on Yahoo and its partner networks and achieve a better overall return on investment, according to a statement. The new system is intended to better prioritize advertising linked to search results and thus generate more clicks. Among other things, the new "Campaign Management" should have a simplified interface, enable a more precise geographical allocation of search queries, activate ads quickly and display different ad versions for selection. The Share of Clicks Forecasting feature "shows what bid is required for a given share of expected clicks, making it possible for advertisers to define and achieve traffic and conversion goals," writes Yahoo. The company plans to further improve ad formats with graphic or "rich media" elements and - similar to what Microsoft is promoting for its AdCenters - targeting capabilities based on factors such as demographic information or online behavior. For Yahoo, the new platform represents the first complete overhaul of its existing advertising platform, which was developed in the late 1990s. Over the past two years, Yahoo has invested several million dollars in the development of the new platform. The new platform will be introduced market by market in phases. This will ensure that the transition to the new system runs as smoothly as possible for the several hundred thousand companies that advertise with Yahoo. This would give tool providers sufficient time to develop new products based on Yahoo's interfaces (APIs), writes Yahoo. As soon as customers have become familiar with the majority of the new functions after the launch, Yahoo will implement a quality-based ranking model in a further phase.