System and method for rating plural products
First Claim
Patent Images
1. A method for rating of each of plural products comprising the steps of:
- identifying a plurality of attributes associated with a category of product;
applying a scalar structure for each attribute to provide scalar value of each attribute for each of said plural products;
determining a competitive index for each attribute of each product based on said scalar value of each attribute and a number of products having said scalar value; and
rating each product based on said determined competitive indexes.
4 Assignments
0 Petitions
Accused Products
Abstract
A system and method for rating of each of plural products comprising identifying plurality of attributes associated with a category of product, applying a scalar structure for each attribute to provide scalar value of each attribute for each of the plural products, determining an incremental competitive index for each attribute of each product based on the scalar value of each attribute and a number of products having the scalar value, and rating each product based on the determined competitive index.
-
Citations
86 Claims
-
1. A method for rating of each of plural products comprising the steps of:
-
identifying a plurality of attributes associated with a category of product;
applying a scalar structure for each attribute to provide scalar value of each attribute for each of said plural products;
determining a competitive index for each attribute of each product based on said scalar value of each attribute and a number of products having said scalar value; and
rating each product based on said determined competitive indexes. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
-
-
18. A method for rating plural products comprising the steps of:
-
identifying a plurality of attributes associated with a category of product, said plurality of attributes including the price of each of said plural products;
applying a scalar structure for each attribute to provide a scalar value of each attribute for each of said plural products;
determining an incremental index for each attribute of each product based on said scalar value of each attribute;
determining a price offset of each product based on an average price of said plural products in said category;
apportioning said price offset of each product to one or more attribute associated with said category;
correlating said apportioned price offsets to increments of incremental index;
determining a theoretical value price of each product based on said correlated apportioned priced offsets; and
rating each of said plural products based on actual product price and said determined theoretical value price. - View Dependent Claims (19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32)
-
-
33. A rating system for rating each of plural products comprising:
-
an identification module that stores a plurality of attributes associated with a category of product;
a quantification module adapted to apply a scalar structure for each attribute to provide scalar value of each attribute for each of said plural products;
a competitive indexing module that determines an incremental competitive index for each attribute of each product based on said scalar value of each attribute and number of products having said scalar value; and
a product rating module that rates each product based on said determined competitive index. - View Dependent Claims (34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51)
-
-
52. A rating system for rating plural products comprising:
-
an identification module that stores a plurality of attributes associated with a category of product, said plurality of attributes including the price of each of said plural products;
a quantification module adapted to apply a scalar structure for each attribute to provide scalar value of each attribute for each of said plural products;
an indexing module that determines an incremental index for each attribute of each product based on said scalar value of each attribute;
a price offset module that determines a price offset of each product based on an average price of said plural products in said category, and apportions said price offset of each product to one or more attribute associated with said category of product;
a valuation module that determines a theoretical value price of each product based on said correlated apportioned priced offsets; and
a product rating module that rates each product based on actual product price and said determined theoretical value price. - View Dependent Claims (53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66)
-
-
67. A computer readable medium for rating plural products having instructions for:
-
identifying a plurality of attributes associated with a category of product;
applying a scalar structure for each attribute to provide scalar value of each attribute for each of said plural products;
determining a competitive index for each attribute of each product based on said scalar value of each attribute and a number of products having said scalar value; and
rating each product based on said determined competitive indexes. - View Dependent Claims (68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82)
-
-
83. A computer readable medium for rating plural products having instructions for:
-
identifying a plurality of attributes associated with a category of product, said plurality of attributes including the price of each of said plural products;
applying a scalar structure for each attribute to provide a scalar value of each attribute for each of said plural products;
determining an incremental index for each attribute of each product based on said scalar value of each attribute;
determining a price offset of each product based on an average price of said plural products in said category;
apportioning said price offset of each product to one or more attribute associated with said category;
correlating said apportioned price offsets to increments of incremental index;
determining a theoretical value price of each product based on said correlated apportioned priced offsets; and
rating each of said plural products based on actual product price and said determined theoretical value price. - View Dependent Claims (84, 85, 86)
-
Specification