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US 11,769,129 B2Granted
Product catalog services
AssigneeBlock, Inc.
InventorsMark Jen, Shawn Morel
Life of this patent
Estimating the term…
Abstract
Application Programming Interfaces (APIs) are exposed by a service provider to point-of-sale (POS) devices of a plurality of merchants. Product catalogs including product specifications are received from merchants via a merchant support application executing on the POS devices. Pricing records are received from the POS devices of the merchants that indicate prices, locations, and time periods for the prices. Sales data including quantity, time, and location of historical sales is obtained. A price recommendation is provided to a merchant based at least in part on correlations between the historical sales data and pricing.
Claims20
A method comprising:
- exposing, by a service computing device of a service provider, one or more Application Programming Interfaces (APIs) to provide point-of-sale (POS) devices of a plurality of merchants access to the service computing device, wherein the service provider provides inventory, pricing, POS, and catalog services to the plurality of merchants;
- receiving, by the service computing device via the one or more APIs and from a merchant support application executing on a first POS device of a first merchant of the plurality of merchants, a first product catalog indicating one or more products offered for sale by the first merchant, wherein the first product catalog includes a product specification associated with a product of the one or more products;
- receiving, by the service computing device via the one or more APIs and from the merchant support application executing on a second POS device of a second merchant of the plurality of merchants, a second product catalog indicating one or more products offered for sale by the second merchant, wherein the second product catalog includes the product specification associated with the product;
- storing, at a storage device associated with the service provider, one or more first data records associated with the first merchant and one or more second data records associated with the second merchant, wherein the one or more first data records and the one or more second data records include data corresponding to the product specification;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the first POS device, a plurality of first pricing records associated with the product, wherein each first pricing record of the plurality of first pricing records indicates at least a first price set by the first merchant for the product at a first location during a first time period;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the second POS device, a plurality of second pricing records associated with the product, wherein each second pricing record of the plurality of second pricing records indicates at least a second price set by the second merchant for the product at a second location during a second time period;
- storing, at the storage device, (i) the plurality of first pricing records in association with the one or more first data records, and (ii) the plurality of second pricing records in association with the one or more second data records;
- obtaining, by the service computing device, historical sales data indicating historical sales of the product by the first merchant and the second merchant, wherein the historical sales data indicates quantity, time, and location of the historical sales;
- receiving, by the service computing device via the one or more APIs and from the merchant support application executing on a third POS device of a third merchant, a request from the third merchant for a price recommendation for the product;
- determining, by the service computing device and based at least in part on the one or more first data records, the one or more second data records, and the historical sales data, one or more correlations between the historical sales of the product and prices of the product;
- determining, by the service computing device and based at least in part on the one or more correlations, the price recommendation;
- and
- sending, by the service computing device, the price recommendation to the third POS device.
10 more elements
A system comprising:
- one or more processors;
- computer-readable media storing instructions that, when executed by the one or more processors, cause the one or more processors to perform acts comprising:
- exposing, by a service computing device of a service provider, one or more Application Programming Interfaces (APIs) to provide respective point-of-sale (POS) devices of a plurality of merchants access to the service computing device, wherein the service provider provides inventory, pricing, POS, and catalog services to the plurality of merchants;
- receiving, by the service computing device via the one or more APIs and from a merchant support application executing on a first POS device of a first merchant of the plurality of merchants, a first product catalog indicating one or more products offered for sale by the first merchant, wherein the first product catalog includes a product specification associated with a product of the one or more products offered for sale by the first merchant;
- receiving, by the service computing device via the one or more APIs and from the merchant support application executing on a second POS device of a second merchant of the plurality of merchants, a second product catalog indicating one or more products offered for sale by the second merchant, wherein the second product catalog includes the product specification associated with the product;
- storing, at a storage device associated with the service provider, one or more first data records associated with the first merchant and one or more second data records associated with the second merchant, wherein the one or more first data records and the one or more second data records include data corresponding to the product specification;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the first POS device, a plurality of first pricing records associated with the product, wherein each first pricing record of the plurality of first pricing records indicates at least a first price set by the first merchant for the product during a first time period;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the second POS device, a plurality of second pricing records associated with the product, wherein each second pricing record of the plurality of second pricing records indicates at least a second price set by the second merchant for the product during a second time period;
- storing, at the storage device, (i) the plurality of first pricing records in association with the one or more first data records, and (ii) the plurality of second pricing records in association with the one or more second data records;
- obtaining, by the service computing device, historical sales data indicating historical sales of the product by the first merchant and the second merchant, wherein the historical sales data indicates at least quantity and time of the historical sales;
- determining, by the service computing device and based at least in part on the one or more first data records, the one or more second data records, and the historical sales data, one or more correlations between the historical sales of the product and prices of the product;
- determining, by the service computing device and based at least in part on the one or more correlations, a price recommendation for the product for a third merchant;
- and
- sending, by the service computing device, the price recommendation to a third POS device of the third merchant.
11 more elements
One or more non-transitory computer-readable media storing instructions executable by one or more processors, wherein the instructions program the one or more processors to perform acts comprising:
- exposing, by a service computing device of a service provider, one or more Application Programming Interfaces (APIs) to provide respective point-of-sale (POS) devices of a plurality of merchants access to the service computing device, wherein the service provider provides inventory, pricing, POS, and catalog services to the plurality of merchants;
- receiving, by the service computing device via the one or more APIs and from a merchant support application executing on a first POS device of a first merchant of the plurality of merchants, a first product catalog indicating one or more products offered for sale by the first merchant, wherein the first product catalog includes a product specification associated with a product of the one or more products offered for sale by the first merchant;
- receiving, by the service computing device via the one or more APIs and from the merchant support application executing on a second POS device of a second merchant of the plurality of merchants, a second product catalog indicating one or more products offered for sale by the second merchant, wherein the second product catalog includes the product specification associated with the product;
- storing, at a storage device associated with the service provider, one or more first data records associated with the first merchant and one or more second data records associated with the second merchant, wherein the one or more first data records and the one or more second data records include data corresponding to the product specification;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the first POS device, a plurality of first pricing records associated with the product, wherein each first pricing record of the plurality of first pricing records indicates at least a first price set by the first merchant for the product during a first time period;
- receiving, by the service computing device and via the one or more APIs and from the merchant support application executing on the second POS device, a plurality of second pricing records associated with the product, wherein each second pricing record of the plurality of second pricing records indicates at least a second price set by the second merchant for the product during a second time period;
- storing, at the storage device, (i) the plurality of first pricing records in association with the one or more first data records, and (ii) the plurality of second pricing records in association with the one or more second data records;
- obtaining, by the service computing device, historical sales data indicating historical sales of the product by the first merchant and the second merchant, wherein the historical sales data indicates at least quantity and time of the historical sales;
- determining, by the service computing device and based at least in part on the one or more first data records, the one or more second data records, and the historical sales data, one or more correlations between the historical sales of the product and prices of the product;
- determining, by the service computing device and based at least in part on the one or more correlations, a price recommendation for the product for a third merchant;
- and
- sending, by the service computing device, the price recommendation to a third POS device of the third merchant.
9 more elements
Dependencies are inferred from the claim text.