System and method for setting a hot product alert on transaction data
US10332088B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Aug 1, 2012 |
| Grant date | Jun 25, 2019 |
| Priority date | — |
| Expiry date | Jan 22, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and a method for determining when a predetermined number of a specific product or of a type of product has been sold so that an alert can be generated when the number sold exceeds the predetermined number. Transaction rules can be set to monitor transaction data in a database to achieve this result. The transaction rules can be set for a generic product, for a specific product, or to exclude certain products. The system and the method issue an additional alert when data in a database indicates that the number of a specific product or of a type of product being sold in a selected time frame is below the selected predetermined number or another selected predetermined, for a selected period of time.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.