Systems and methods for predicting sales of item listings
US9727616B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 6, 2009 |
| Grant date | Aug 8, 2017 |
| Priority date | — |
| Expiry date | Jan 13, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0631
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and a system are disclosed for predicting sales of item listings on a network-based system. For example, historical transaction data generated by the network-based system is accessed to create a prediction model. A feature predictive of an item being sold through the network-based system is selected. A training set is created by extracting the predictive feature from the historical transaction data. The prediction model is trained based on the training data set to predict the probability of an item listing being sold through the network-based system. The prediction model is used to rank search results, and the search results can be presented through the network-based system.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.