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. 10, 2020
Filed:
Jan. 19, 2017
International Business Machines Corporation, Armonk, NY (US);
Norbert M. Binkiewicz, San Mateo, CA (US);
Junlei Chen, Shanghai, CN;
Elizabeth J. Chester, San Francisco, CA (US);
Prafulla N. Dawadi, Foster City, CA (US);
Robert K. Parkin, San Francisco, CA (US);
Emrah Zarifoglu, Foster City, CA (US);
INTERNATIONAL BUSINESS MACHINES CORPORATION, Armonk, NY (US);
Abstract
In an aspect of the invention, a computer-implemented method includes: receiving, by a computing device via computer network, a plurality of session data records indicating computer network browsing activity between a plurality of client devices and a merchant server hosting an online store; aggregating, by the computing device, a subset of the plurality of session data records for a single product, of a plurality of products, identified in the session data records and offered for purchase by the online store; extracting, by the computing device, features from the aggregated subset of session data records relating to customer demand for a the single product; modeling, by the computing device, customer demand for the single product based on the extracted features; optimizing, by the computing device, a price for the single product based on results of the modeling; and publishing, by the computing device, the optimized price.