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:
Mar. 01, 2011
Filed:
Dec. 20, 2000
Hau Lee, Los Altos, CA (US);
Krishna Venkatraman, Menlo Park, CA (US);
Michael Neal, San Francisco, CA (US);
Suzanne Valentine, Atlanta, GA (US);
Phil Delurgio, Dana Point, CA (US);
Hau Lee, Los Altos, CA (US);
Krishna Venkatraman, Menlo Park, CA (US);
Michael Neal, San Francisco, CA (US);
Suzanne Valentine, Atlanta, GA (US);
Phil Delurgio, Dana Point, CA (US);
DemandTec, Inc., San Mateo, CA (US);
Abstract
A method for creating a sales model for a plurality of products is provided. Generally a plurality demand groups are created, where each demand group is a set of at least one product and wherein at least one of the demand groups is a set of at least two products. A sales model is created for each demand group. A market share model is created for each product in each demand group. In addition, an econometric engine for modeling sales as a function of price is provided. An imputed variable generator and a coefficient estimator coupled to the imputed variable generator form the econometric engine, where imputed variables generated by the variable generator are used by the coefficient estimator to create a sales model.