SYSTEMS AND METHODS FOR CONSUMER PRICE INDEX DETERMINATION USING PANEL-BASED AND POINT-OF-SALE MARKET RESEARCH DATA
First Claim
1. A method to determine a consumer price index, the method comprising:
- obtaining panelist market research data determined by monitoring items purchased by a plurality of statistically-selected panelists;
obtaining retail site market research data for items sold by a plurality of retail sites;
combining the panelist market research data and the retail site market research data to determine weighted equivalent unit pricing information for each group of common items in an item stratum of the consumer price index having substantially similar attributes except for an amount per unit; and
determining the consumer price index using the weighted equivalent unit pricing information.
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Abstract
Systems and methods for consumer price index determination using panel-based and point-of-sale market research data are disclosed. An example method to determine a consumer price index disclosed herein comprises obtaining panelist market research data determined by monitoring items purchased by a plurality of statistically-selected panelists, obtaining retail site market research data for items sold by a plurality of retail sites, combining the panelist market research data and the retail site market research data to determine weighted equivalent unit pricing information for each group of common items in an item stratum of the consumer price index having substantially similar attributes except for a unit amount, and determining the consumer price index using the weighted equivalent unit pricing information.
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Citations
29 Claims
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1. A method to determine a consumer price index, the method comprising:
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obtaining panelist market research data determined by monitoring items purchased by a plurality of statistically-selected panelists; obtaining retail site market research data for items sold by a plurality of retail sites; combining the panelist market research data and the retail site market research data to determine weighted equivalent unit pricing information for each group of common items in an item stratum of the consumer price index having substantially similar attributes except for an amount per unit; and determining the consumer price index using the weighted equivalent unit pricing information. - View Dependent Claims (4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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2. (canceled)
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3. (canceled)
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15. An article of manufacture storing machine readable instructions which, when executed, cause a machine to:
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obtain panelist market research data determined by monitoring items purchased by a plurality of statistically-selected panelists; obtain retail site market research data for items sold by a plurality of retail sites; combine the panelist market research data and the retail site market research data to determine weighted equivalent unit pricing information for each group of common items in an item stratum of a consumer price index having substantially similar attributes except for an amount per unit; and determine the consumer price index using the weighted equivalent unit pricing information. - View Dependent Claims (16)
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17. (canceled)
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18. (canceled)
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19. (canceled)
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20. A system to determine a consumer price index, the system comprising:
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a first storage unit to store panelist market research data determined by automatically monitoring items purchased by a plurality of statistically-selected panelists; a second storage unit to store retail site market research data comprising point-of-sale data for items sold by a plurality of retail sites; an equivalent unit pricing processor to combine the panelist market research data and the retail site market research data to determine weighted equivalent unit pricing information for each group of common items in an item stratum of the consumer price index having substantially similar attributes except for an amount per unit; and a consumer price index processor to determine the consumer price index using the weighted equivalent unit pricing information. - View Dependent Claims (24, 25, 26, 27, 28)
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21. (canceled)
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22. (canceled)
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23. (canceled)
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29-48. -48. (canceled)
Specification