Gary M Katz

Title: Gary M Katz: Innovator in Consumer Behavior Prediction

Introduction

Gary M Katz is a notable inventor based in Northbrook, IL (US), recognized for his contributions to the field of consumer behavior prediction. With a total of 4 patents, Katz has developed innovative systems and methods that significantly enhance the understanding of consumer behavior and transaction incentives.

Latest Patents

Katz's latest patents include a system and method for anticipating consumer behavior and determining transaction incentives. This invention comprises a computer system and associated database that determines cross-time correlations between transaction behavior. It applies functions derived from these correlations to consumer records to predict future behavior and decide on transaction incentives based on these predictions. Another significant patent focuses on providing relative price point incentives based on prior customer purchase behavior. This invention generates price point-based incentives by determining a category-specific price point associated with a dominant competitive brand and a client brand, thus creating incentives based on anticipated price differentials.

Career Highlights

Throughout his career, Katz has worked with prominent companies such as Catalina Marketing International, Inc. and Catalina Marketing Corporation. His work in these organizations has allowed him to refine his expertise in consumer behavior and marketing strategies.

Collaborations

Katz has collaborated with notable professionals in his field, including George W Off and Timothy L Cherney. These collaborations have contributed to the development of his innovative patents and have enhanced his impact on the industry.

Conclusion

Gary M Katz stands out as an influential inventor in the realm of consumer behavior prediction. His innovative patents and career achievements reflect his dedication to advancing the understanding of consumer dynamics and transaction incentives.