Systems and methods for predictive gift subscriptions

US11615456B2 · kind B2 · utility

Assignee

• Loop Commerce, Inc. · US

Inventors

• Gabriel Saunkeah · Menlo Park, US
• Paul Simpson · Stamford, US

Key dates

• Filing date: May 17, 2022
• Grant date: Mar 28, 2023
• Expiry date: May 17, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/06331
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for predictive gift subscriptions are provided. A gift subscription service may store a gift subscription and a profile associated with a gift recipient. The gift subscription service may then identify a time to send a gift to the gift recipient and associate a computational model with the gift recipient and the profile. When the gift subscription service determines a change in the profile, the gift subscription service may then update the computational model associated with the gift recipient in real-time by applying a machine learning algorithm to the change in the profile and use the updated computation model to formulate a prediction for the gift recipient that may then be used to identify a set of gifts to present to the gift recipient. The gift subscription service may then present the set of gifts to the gift recipient.