Quantitative rating system for prioritizing customers by propensity and buy size

Patent metadata

Field	Value
Publication number	US-11636499-B2
Application number	US-202217577818-A
Country	US
Kind code	B2
Filing date	Jan 18, 2022
Priority date	Jul 23, 2018
Publication date	Apr 25, 2023
Grant date	Apr 25, 2023

Abstract

Quantitative rating systems and techniques are described that prioritize customers by propensity to buy and buy size to generate customer ratings. In one example, a propensity model is used to determine a likelihood of a potential customer to purchase a product, and a projected timeframe buy size for the potential customer is determined. An expected value for the potential customer is generated by combining the likelihood of the potential customer to purchase the product and the projected timeframe buy size. In another example, a ratio model of annualized recurring revenue (ARR) is used to determine a timeframe buy size for an existing customer in consecutive time frames. An upsell opportunity for the existing customer is determined based on the timeframe buy size less an ARR for a current time frame for the existing customer. A rating of the potential or existing customer is output in a user interface.

First claim

What is claimed is:

1. A method comprising:
receiving, by a processing device, interaction data describing interaction of respective client devices with digital services implemented by a service provider system via a network and resource allocation of resources implemented by processing devices of the service provider system in providing the digital services; and
determining, by the processing device, a subsequent resource allocation of the resources implemented by the processing devices of the service provider system in providing the digital services based on the interaction data, the determining including:
determining, by the processing device, a timeframe buy size for an entity using a statistically biased asymmetrical ratio model of annualized recurring revenue (ARR) of the entity for consecutive time frames, the ratio model applied with an elastic-net regression to fit the ratio model by linearly combining penalties of the ratio model;
determining, by the processing device, an upsell opportunity for the entity by subtracting an ARR for a current timeframe for the entity from the determined timeframe buy size;
generating, by the processing device, a quantitative rating for the entity based on the upsell opportunity for the entity;

allocating, by the processing device, the resources implemented by the processing devices of the service provider system in providing the digital services based on the timeframe buy size, the allocating implementing the subsequent resource allocation;
generating, by the processing device, digital content to be communicated over a network to the entity based on the quantitative rating using the allocated resources implemented by the processing devices, the digital content specifying at least one said digital service able to be accessed via the network from the service provider system; and
providing, by the processing device, access to the at least one said digital service via the network using the allocated resources implemented by the processing devices responsive to interaction with the digital content.

2. The method of claim 1 , wherein the upsell opportunity of the entity represents an expected value of the entity.

3. The method of claim 1 , further comprising:
determining additional upsell opportunities for the entity by taking additional ARRs for the current timeframe for the entity from additional determined timeframe buy sizes for the entity; and
combining the additional upsell opportunities for the entity into an overall upsell opportunity for the entity.

4. The method of claim 1 , further comprising filtering characteristics of the entity for comparison to other entities having similar characteristics.

5. The method of claim 4 , wherein the characteristics of the entity include a geographic location.

6. The method of claim 1 , wherein the quantitative rating of the entity is determined by comparing the upsell opportunity of the entity to threshold values for different ratings.

7. The method of claim 6 , wherein the quantitative rating of the entity is output as a symbol rating, where different numbers of symbols of the symbol rating correspond to respective ones of the threshold values.

8. A system comprising:
a memory component; and
a processing device coupled to the memory component, the processing device to perform operations comprising:
receiving interaction data describing interaction of respective client devices with digital services implemented by a service provider system via a network and resource allocation of resources implemented by processing devices of the service provider system in providing the digital services; and
determining a subsequent resource allocation of the resources implemented by the processing devices of the service provider system in providing the digital services based on the interaction data, the determining including:
determining multiple timeframe buy sizes for an entity using a ratio model of annualized recurring revenues (ARR) of the entity for consecutive time frames, the ratio model applied with an elastic-net regression to determine the multiple timeframe buy sizes;
determining multiple upsell opportunities for the entity by taking ARRs for a current timeframe for the entity from the determined multiple timeframe buy sizes;
combining the multiple upsell opportunities for the entity into an overall upsell opportunity for the entity;
generating a quantitative rating for the entity based on the overall upsell opportunity for the entity;

allocating the resources implemented by the processing devices of the service provider system in providing the digital services based on the overall upsell opportunity, the allocating implementing the subsequent resource allocation;
generating digital content to be communicated over a network to the entity based on the quantitative rating using the allocated resources implemented by the processing devices, the digital content specifying at least one said digital service able to be accessed via the network from the service provider system; and
providing access to the at least one said digital service via the network using the allocated resources implemented by the processing devices responsive to interaction with the digital content.

9. The system of claim 8 , wherein the overall upsell opportunity of the entity represents an expected value of the entity.

10. The system of claim 8 , further comprising filtering characteristics of the entity for comparison to other entities having similar characteristics.

11. The system of claim 10 , wherein the characteristics of the entity include a geographic location.

12. The system of claim 8 , wherein the quantitative rating of the entity is determined by comparing the overall upsell opportunity of the entity to threshold values for different ratings.

13. The system of claim 8 , wherein the ratio model is a statistically biased and asymmetrical ratio model.

14. The system of claim 8 , wherein the ratio model is applied with the elastic-net regression to fit the ratio model by linearly combining penalties of the ratio model.

15. A non-transitory computer-readable medium storing executable instructions, which when executed by a processing device, the processing device performs operations comprising:
receiving interaction data describing interaction of respective client devices with digital services implemented by a service provider system via a network and resource allocation of resources implemented by processing devices of the service provider system in providing the digital services; and
determining a subsequent resource allocation of the resources implemented by the processing devices of the service provider system in providing the digital services based on the interaction data, the determining including:
determining a timeframe buy size for an entity using a ratio model of annualized recurring revenue (ARR) of the entity for consecutive time frames, the ratio model applied with an elastic-net regression to determine the timeframe buy size;
determining an upsell opportunity for the entity by subtracting an ARR for a current timeframe for the entity from the determined timeframe buy size;
generating a quantitative rating for the entity based on the upsell opportunity for the entity;

allocating the resources implemented by the processing devices of the service provider system in providing the digital services based on the timeframe buy size, the allocating implementing the subsequent resource allocation;
generating digital content to be communicated over a network to the entity based on the quantitative rating using the allocated resources imp

Assignees

• Adobe Inc

Inventors

• Xu Jin
• Yan Zhenyu
• Yang Wenqing
• Wang Tianyu
• Pani Abhishek

Classifications

• G06Q30/0204

  Market segmentation · CPC title

• G06Q30/0202 Primary

  Market predictions or forecasting for commercial activities · CPC title