Systems and methods for providing market insight
AssigneeAmerican Express Travel Related Services Company, Inc.
InventorsBradley M. Cantwell, David R. Heath, Christa D. Manning, Frank Schnur, JR.
Life of this patent
Estimating the term…
Abstract
The present disclosure includes a system, method, and article for providing market insight. The system may generate a market profile based upon actual purchase data. The market profile may include one or more of the following: a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase. The system may further transmit the market profile to a client.
Claims20
A method comprising:
- generating, by a computer-based system for providing market insight, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase;
- and
- transmitting, by the computer-based system, the market profile to a client.
(canceled)
An article of manufacture including a non-transitory, tangible computer readable store medium having instructions stored thereon that, in response to execution by a computer-based system for providing market insight, cause the computer-based system to perform operations comprising:
- generating, by the computer-based system, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of:
- a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase;
- and
- transmitting, by the computer-based system, the market profile to a client.
A system comprising:
- a processor for providing market insight;
- a tangible, non-transitory memory configured to communicate with the processor,
- the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:
- generating, by the processor, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of:
- a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase;
- and
- transmitting, by the processor, the market profile to a client.
(canceled)
Dependencies are inferred from the claim text.