System for creating optimized promotion event calendar
AssigneeDemandTec, Inc.
InventorsMichael Neal, Krishna Venkatraman, Rob Parkin, Suzanne Valentine, Phil Delurgio, Hau Lee
Life of this patent
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AssigneeDemandTec, Inc.
InventorsMichael Neal, Krishna Venkatraman, Rob Parkin, Suzanne Valentine, Phil Delurgio, Hau Lee
Estimating the term…
Methods and apparatus for creating a promotional event calendar are provided. A sales model and a cost model are created The value of offers and promotional events using the sales model and cost model is determined. Combinations of offers and promotional events based on determined value are selected to create a promotion event calendar subject to the conditions from at least one store. The apparatus includes an econometric engine for modeling sales as a function of price to create a sales model, a financial model engine for modeling costs to create a cost model, a promotional engine coupled to the econometric engine, and financial model engine to receive input from the econometric engine and financial model engine. The promotional engine analyzes a plurality of offers and a plurality of promotional events to optimally match offers with promotional events to create a promotional event calendar.
A computerized price optimization system configured to create a promotional event calendar, in association with at least one store, the computerized price optimization system comprising:
A computer-implemented method for creating a promotional event calendar, in association with at least one store, the method for creating a promotional event calendar comprising:
A computer-implemented method for creating a promotional event calendar, comprising:
A computer-implemented method for creating a promotional event calendar, useful in association with at least one store, the computer-implemented method comprising:
Dependencies are inferred from the claim text.