US 2013/0173419 A1 · RECOMMENDING REPEATED TRANSACTIONS

Abstract

A computer implemented web-based system and computer implemented web-based method is disclosed for recording, repeated transactions of objects or groups of objects by subjects, utilizing the duration between transactions to predict the next transaction time of an object by a subject, and recommending the object to the subject based on the predicted next transaction time. The system can also classify object according to their replenishment behavior and make product recommendations based on the class of objects a subject shows interest in. Objects include movies, books, songs, commercial products, news articles, advertisements or any other type of content or physical item. The system has application in personalization, behavioral targeting, Internet retailing, and interactive radio, to name but a few applications.

Claims28

Dependent claims

A computer implemented web-based method for recommending repeated transactions, comprising the steps of:

providing an application client, a recommendation system and an end-user interface;
collecting a set of shopper history data by recording transactions, including repeated transactions, of objects or groups of objects by subjects;
utilizing the duration between transactions to predict the next transaction time of an object by a subject;
predicting a consumer will repeat a transaction for a product from a group of products;
predicting when a consumer will repeat a transaction for an item;
and
recommending the object to the subject based on the predicted next transaction time whereby the system recommends said item at a pre-calculated appropriate time.

4 more elements

Dependencies are inferred from the claim text.

Recommending repeated transactions

Life of this patent

Recommending repeated transactions

Life of this patent

Abstract

Claims28