Architecture and methods for generating intelligent offers with dynamic base prices
US11288698B2 · kind B2 · utility
1Cited by
11References
10Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | May 2, 2018 |
| Grant date | Mar 29, 2022 |
| Priority date | — |
| Expiry date | Apr 19, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0283
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Methods and apparatus for generating intelligent offers with base prices are provided. In one embodiment, a promotion generator receives a current product base price, and also receives or calculates a remaining promotional program budget, a remaining promotional program duration, and a minimum discounted price for the product using the current product base price and any available previous base price data for the promoted product, creating or updating a predictive model of future product base prices.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.