Method, apparatus, and computer program product for determining a provider return rate

US10558922B2 · kind B2 · utility

Assignee

• Groupon, Inc. · US

Inventors

• Brian Mullins · San Francisco, US
• Matt DeLand · San Francisco, US
• Zahra Ferdowsi · Santa Monica, US
• Stephen Lang · Saffron Walden, GB
• John Stokvis · Chicago, US
• Nolan Finn · Chicago, US

Key dates

• Filing date: Feb 23, 2016
• Grant date: Feb 11, 2020
• Expiry date: Feb 23, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Provided herein are systems, methods and computer readable media for classifying a provider of products, services or experiences as a provider that should be engaged based on a predicted return rate for any products, services or experiences that may be offered and purchased by a consumer. An example method may comprise supplying a classifying model with a dataset, wherein the dataset comprises an identification of a provider and a plurality of attributes corresponding to the provider and identifying a class of the provider in accordance with the plurality of corresponding attributes, wherein the identification is determined based on one or more patterns determinative of a return rate by the classifying model.