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.

Date of Patent:
Jul. 05, 2022

Filed:

Apr. 20, 2018
Applicant:

Ebay Inc., San Jose, CA (US);

Inventor:

Yoni Acriche, Austin, TX (US);

Assignee:

EBAY INC., San Jose, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/02 (2012.01); G06Q 30/06 (2012.01); G06F 3/04847 (2022.01); G06Q 50/06 (2012.01); G06N 20/00 (2019.01);
U.S. Cl.
CPC ...
G06Q 30/0283 (2013.01); G06F 3/04847 (2013.01); G06Q 30/0641 (2013.01); G06N 20/00 (2019.01); G06Q 50/06 (2013.01);
Abstract

Based on an analysis of historical data of listings for an item, an online marketplace generates a price curve for the item to describe the likelihood to sell as a function of price. Based on seller preference data, an analysis of historical data of listings, or both, the online marketplace estimates the utility preferences for the seller account, such as the cost of time. Using the utility preferences and the price curve for an item, the online marketplace can generate a utility curve that estimates the utility for the seller account as a function of the item price. Using the utility curve, the online marketplace generates utility-based price guidance for a particular seller of the item. A user interface presents the utility-based price guidance to the seller and enables the seller to set the price of the item based on the price guidance.


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Quick Actions:

Acriche, Yoni. (2022). Utility-based price guidance (U.S. Patent No. 11379892). U.S. Patent and Trademark Office. https://idiyas.com/patent/badge/11379892

Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile

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