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:
Jul. 22, 2025
Filed:
Oct. 14, 2022
Shipt, Inc., Birmingham, AL (US);
Ahmed Abdulaal, San Jose, CA (US);
Hari Narayan, Park Ridge, IL (US);
Ritesh Agrawal, Pleasanton, CA (US);
Suprabha Baniya, Austin, TX (US);
Shipt, Inc., Birmingham, AL (US);
Abstract
In general, this disclosure is directed to determining an optimal markup policy for a third party delivery service. One aspect is a method for dynamically optimizing prices by a third party delivery service, the method comprising retrieving item information for a plurality of items including pricing data, the plurality of items being sold by a retailer and available for delivery by the third party delivery service, simulating a plurality of markup policies with a neural network trained to identify non-linear price-demand relationships between the plurality of items, determining, as part of simulating the plurality of markup policies, an optimal markup policy for the third party delivery service, and providing a user interface to a customer computing device, the user interface displaying at least some of the plurality of items for delivery by the third party delivery service with prices reflecting the optimal markup policy.