The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 13, 2018
Filed:
Jul. 18, 2013
Applied Predictive Technologies, Inc., Arlington, VA (US);
William V. Weidman, Arlington, VA (US);
Jarred D. Brown, Arlington, VA (US);
Evan L. Newkirk, Arlington, VA (US);
Eve D. Hanson, Washington, DC (US);
Guillaume Vanderschueren, Washington, DC (US);
Applied Predictive Technologies, Inc., Arlington, VA (US);
Abstract
The systems and methods described herein attempt to capture the impact on both the promoted items and other related products. The systems and methods analyze attached sales impact only for items that are more likely to be purchased with the featured product. The systems and methods also allow for measuring a cannibalization impact by analyzing the impact on potential cannibalized products and items that are more likely to be purchased with the cannibalized products. By aggregating the promoted impact and cannibalized impact, including the items with strong co-selling relationships, a full picture of the promotion can be obtained. Further, combining the item-level results into custom groupings can allow for further business insights.