Invention Grant
- Patent Title: Method for site selection for retail and restaurant chains
- Patent Title (中): 零售和餐饮连锁店选址方法
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Application No.: US10972400Application Date: 2004-10-26
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Publication No.: US08055547B2Publication Date: 2011-11-08
- Inventor: Thomas Kelly , Nicholas M. Kiefer , Michael Lukianoff , Alex Wohlhueter , Iassena Stratieva
- Applicant: Thomas Kelly , Nicholas M. Kiefer , Michael Lukianoff , Alex Wohlhueter , Iassena Stratieva
- Applicant Address: US FL Tampa
- Assignee: Revenue Management Solutions, Inc.
- Current Assignee: Revenue Management Solutions, Inc.
- Current Assignee Address: US FL Tampa
- Agency: Baker & Hostetler LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A method of selecting a site for one or more retail units uses a database of information on existing units in a chain, including store sales or profits, site characteristics available from various databases, and information on marketing expenditure in the relevant market. Sales of potential new units are forecast abstracting from advertising efforts. Thus, potential profit characteristics of a site can be evaluated without regard to existing advertising programs. This corrects a major problem with existing approaches; site decisions can be made simultaneously with marketing allocation decisions.
Public/Granted literature
- US20060009998A1 Method for site selection for retail and restaurant chains Public/Granted day:2006-01-12
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