Invention Grant
- Patent Title: System and method for blending promotion effects based on statistical relevance
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Application No.: US14955141Application Date: 2015-12-01
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Publication No.: US11037183B2Publication Date: 2021-06-15
- Inventor: Catalin Popescu , Lin He , Jianwu Xu , Ming Lei
- Applicant: ORACLE INTERNATIONAL CORPORATION
- Applicant Address: US CA Redwood Shores
- Assignee: ORACLE INTERNATIONAL CORPORATION
- Current Assignee: ORACLE INTERNATIONAL CORPORATION
- Current Assignee Address: US CA Redwood Shores
- Agency: Kraguljac Law Group, LLC
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q10/00 ; G06Q30/02

Abstract:
Systems, methods, and other embodiments are disclosed that are configured to characterize an effect on sales of a retail item due to a sales promotion. In one embodiment, first sales data for the retail item is retrieved from a plurality of stores that have applied the sales promotion for the retail item. Second sales data for the retail item is retrieved from a single store that has applied the sales promotion for the retail item. A combined promotion effect value is generated based on the first sales data and the second sales data. The combined promotion effect value characterizes an effect on sales of the retail item as sold by the single store due to the sales promotion.
Public/Granted literature
- US20170154349A1 SYSTEM AND METHOD FOR BLENDING PROMOTION EFFECTS BASED ON STATISTICAL RELEVANCE Public/Granted day:2017-06-01
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