Method for determining provider parameters including a provider margin
US-10235696-B1 · Mar 19, 2019 · US
US11475477B2 · US · B2
| Field | Value |
|---|---|
| Publication number | US-11475477-B2 |
| Application number | US-202016844055-A |
| Country | US |
| Kind code | B2 |
| Filing date | Apr 9, 2020 |
| Priority date | Mar 30, 2012 |
| Publication date | Oct 18, 2022 |
| Grant date | Oct 18, 2022 |
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Provided herein are systems, methods and computer readable media for programmatically generating and/or revising promotions for a provider as well as generating and providing analytics data regarding currently offered promotions in real-time. In providing such functionality, the system can be configured to, for example, monitor and analyze various promotions, including current promotions and analytics data about promotion-related purchases, that enable the system to determine the relative successfulness of a promotion for a provider and/or category of provider. Upon determining what has been more successful or is expected to be a more successful promotion for a provider, the system can present the promotion to the provider for approval and/or make the promotion to consumers programmatically. In some embodiments, the system may be further configured to revise the promotion programmatically and/or upon receiving the provider's approval of the programmatically generated proposed edits to the promotion parameters.
Opening claim text (preview).
That which is claimed: 1. A promotional system configured to monitor promotion analytics data relative to promotion offers, the promotional system comprising a processor and one or more non-transitory storage devices embodying computer-readable program instructions that, when executed by the processor, cause the system to: receive, via a network, from a provider device associated with a provider, sales data related to an active promotion, the active promotion associated with the provider; generate, via the processor, promotion analytics data associated with the active promotion, wherein the promotion analytics data is based at least in part on the sales data for the active promotion; assign weight values to current promotion parameters of the active promotion based at least on a successfulness trend data for other promotions associated with the provider; determine, via the processor, that at least one promotion parameter of the active promotion requires adjustment; pause the active promotion such that the active promotion becomes a paused promotion; programmatically generate at least one optimized promotion parameter for the paused promotion, wherein programmatically generating at least one optimized promotion parameter comprises: accessing promotion parameters associated with a plurality of promotions; identifying a plurality of promotion ranking algorithms; dynamically selecting a promotion ranking algorithm from the plurality of promotion ranking algorithms; generating an initial ranking of the accessed promotion parameters based on correlating the accessed promotion parameters to the dynamically selected promotion ranking algorithm; dynamically selecting a second promotion ranking algorithm from the plurality of promotion ranking algorithms; generating a subsequent ranking of the accessed promotion parameters based on correlating the accessed promotion parameters to the second dynamically selected promotion ranking algorithm, wherein the subsequent ranking alters the initial ranking of the accessed promotion parameters; and generating the at least one optimized promotion parameter for the paused promotion based on the subsequent ranking; reinstate the paused promotion with the at least one optimized promotion parameter such that the paused promotion becomes an updated active promotion; and transmit the updated active promotion with the at least one optimized promotion parameter to a client device for display within a user interface of the client device. 2. The promotional system of claim 1 , the computer-readable program instructions further configured to cause the system to: in response to generating the promotion analytics data associated with the active promotion, output, via the network, to the provider device, a promotion analytics interface for display to the provider. 3. The promotional system of claim 2 , wherein the promotion analytics interface is a real-time promotional analytics interface. 4. The promotional system of claim 3 , wherein the real-time promotional analytics interface comprises promotion analytics data related to a current period during which the active promotion is currently running in real-time. 5. The promotional system of claim 1 wherein determining, via the processor, that at least one promotion parameter of the active promotion requires adjustment comprises: programmatically determining that the weighted current promotion parameters of the active promotion fails to satisfy a predetermined threshold. 6. The promotional system of claim 5 , wherein the predetermined threshold is a rate at which the active promotion should be selling and the active promotion fails to satisfy the predetermined threshold when the active promotion is selling at a lower rate than the predetermined threshold. 7. The promotional system of claim 5 , wherein the predetermined threshold is a rate at which the active promotion should be selling and the active promotion fails to satisfy the predetermined threshold when the active promotion is selling at a higher rate than the predetermined threshold. 8. The promotional system of claim 1 , the computer-readable program instructions further configured to cause the system to: generate a notification, the notification associated with a paused status of the active promotion; and transmit the notification to the provider device. 9. The promotional system of claim 1 , wherein reinstating the paused promotion comprises transmitting an indication that the paused promotion is currently active as the updated active promotion to one or more customer devices associated with a plurality of potential customers. 10. The promotion system of claim 1 , wherein programmatically generating the at least one optimized promotion parameter for the paused promotion comprises at least one of increasing a discount amount of the paused promotion, decreasing the discount amount of the paused promotion, or shortening an available time window associated with the paused promotion. 11. The promotional system of claim 1 , the computer-readable program instructions further configured to cause the system to: save the promotion analytics data in a database with promotion parameter data. 12. The promotion system of claim 2 , wherein outputting the promotion analytics interface comprises presenting a dollar amount of money earned from the active promotion. 13. The promotion system of claim 2 , wherein outputting the promotion analytics interface comprises presenting a quantity representing a number of times the active promotion has been purchased. 14. The promotional system of claim 1 wherein determining, via the processor, that the at least one promotion parameter of the active promotion requires adjustment is executed in an absence of receiving a provider request to pause the active promotion. 15. The promotional system of claim 1 , the computer-readable program instructions further configured to cause the system to: monitor sales data associated with the reinstated active promotion. 16. The promotional system of claim 1 , the computer-readable program instructions further configured to cause the system to: generate a notification, the notification associated with a reinstated status of the active promotion; and transmit the notification to the provider device. 17. The promotional system of claim 1 , wherein the promotion analytics data is based at least in part on the sales data for the active promotion and sales data for promotions associated with other providers. 18. The promotional system of claim 1 , wherein the promotion analytics data is based at least in part on the sales data for the active promotion and sales data for other promotions associated with the provider. 19. The promotional system of claim 1 , wherein the promotion analytics data is based at least in part on the sales data for the active promotion and consumer purchasing data associated with other promotions. 20. The promotional system of claim 19 , wherein the promotion analytics data identifies other promotions bought by same or similar consumers.
Optimization · CPC title
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