Invention Grant
- Patent Title: Systems, devices, and methods for predicting product performance in a retail display area
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Application No.: US15085260Application Date: 2016-03-30
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Publication No.: US10679228B2Publication Date: 2020-06-09
- Inventor: Murthy Narayana Kolluru
- Applicant: Walmart Apollo, LLC
- Applicant Address: US AR Bentonville
- Assignee: Walmart Apollo, LLC
- Current Assignee: Walmart Apollo, LLC
- Current Assignee Address: US AR Bentonville
- Agency: McCarter & English, LLP
- Agent David R. Burns
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q30/02 ; G06Q10/06 ; G06F30/00 ; G06F30/20

Abstract:
Provided herein are methodologies, systems, and devices for simulating the performance of products a within a display area of a retail store. Data relating to a product's attributes, location within a display area, and historical performance can be used to create a model that can predict the impact on sales that will result from moving particular items from one location in a display area to another location. Once created, this model can predict a product's performance at various locations and assist in optimizing product placement within a display area. A GUI of an electronic device can display a virtual display area that allows a user to create various product placement scenarios. The model may also display product placement recommendations based on the predicted performance values of various products at different locations within a display area.
Public/Granted literature
- US20160292703A1 SYSTEMS, DEVICES, AND METHODS FOR PREDICTING PRODUCT PERFORMANCE IN A RETAIL DISPLAY AREA Public/Granted day:2016-10-06
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