Enterprise Opportunity Assessment

• US 20120303409A1
• Filed: 05/26/2011
• Published: 11/29/2012
• Est. Priority Date: 05/26/2011
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Henry, Todd R., Ragnone, James P., Russell, Scott T., Quinn, Timothy P.
• Granted Patent: US 8,340,998 B2
• Time in Patent Office: Days
• US Class Current: 705/7.29
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising

Abstract

In some embodiments, a market assessment system comprises a market opportunity engine, a market capture engine, a comparison engine, and an attainability engine. The market opportunity engine is operable to provide an opportunity measurement for each market of a plurality of markets. The market capture engine operable to provide an actual capture measurement for each market of the plurality of markets. The actual capture measurement indicates an amount of the product actually provided by the enterprise within each market. The comparison engine operable to compare a first market of the plurality of markets to one or more different markets of the plurality of markets to determine one or more comparable markets. The attainability engine operable to calculate an attainable opportunity measurement for the first market based on the actual capture measurement and the opportunity measurement for each of the one or more comparable markets.

Claims

1. A market assessment system, comprising:

a storage element that, when the system is operating, stores software;

a processing element that, when executing the software;

provides an opportunity measurement for each market of a plurality of markets, the opportunity measurement indicates an amount of opportunity for an enterprise to provide a product within each market;

provides an actual capture measurement for each market of the plurality of markets, the actual capture measurement indicates an amount of the product actually provided by the enterprise within each market;

compares a first market of the plurality of markets to one or more different markets of the plurality of markets to determine one or more comparable markets; and

calculates an attainable opportunity measurement for the first market based on the actual capture measurement and the opportunity measurement for each of the one or more comparable markets.

2. The system of claim 1, wherein the processing element, when executing the software, further generates an assessment for the first market based on the difference between the attainable opportunity measurement for the first market and the actual capture measurement for the first market.

3. The system of claim 1, wherein the actual capture measurement comprises a revenue or balance measurement for the product within each market.

4. The system of claim 1, wherein the actual capture measurement comprises a household measurement that indicates a number of households that receive the product from the enterprise.

5. The system of claim 1, wherein the opportunity measurement indicates an amount of opportunity to provide the product within each market to potential customers of the enterprise who do not currently receive the product.

6. The system of claim 1, wherein the opportunity measurement indicates an amount of opportunity to provide additional volume of the product within each market to customers of the enterprise who currently receive the product.

7. The system of claim 1, wherein each market of the plurality of markets represents a block group.

8. A non-transitory computer readable medium comprising logic that, when executed by a processor:

receives an opportunity measurement for each market of a plurality of markets, the opportunity measurement indicates an amount of opportunity for an enterprise to provide a product within each market;

receives an actual capture measurement for each market of the plurality of markets, the actual capture measurement indicates an amount of the product actually provided by the enterprise within each market;

compares a first market of the plurality of markets to one or more different markets of the plurality of markets to determine one or more comparable markets; and

calculates an attainable opportunity measurement for the first market based on the actual capture measurement and the opportunity measurement for each of the one or more comparable markets.

9. The logic of claim 8 that, when executed by the processor, further generates an assessment for the first market based on the difference between the attainable opportunity measurement for the first market and the actual capture measurement for the first market.

10. The logic of claim 8, wherein the actual capture measurement comprises a revenue or balance measurement for the product within each market.

11. The logic of claim 8, wherein the actual capture measurement comprises a household measurement that indicates a number of households that receive the product from the enterprise.

12. The logic of claim 8, wherein the opportunity measurement indicates an amount of opportunity to provide the product within each market to potential customers of the enterprise who do not currently receive the product.

13. The logic of claim 8, wherein the opportunity measurement indicates an amount of opportunity to provide additional volume of the product within each market to customers of the enterprise who currently receive the product.

14. A method, comprising:

receiving an opportunity measurement for each market of a plurality of markets, the opportunity measurement indicates an amount of opportunity for an enterprise to provide a product within each market;

receiving an actual capture measurement for each market of the plurality of markets, the actual capture measurement indicates an amount of the product actually provided by the enterprise within each market;

comparing, using a processor, a first market of the plurality of markets to one or more different markets of the plurality of markets to determine one or more comparable markets; and

calculating, using the processor, an attainable opportunity measurement for the first market based on the actual capture measurement of the one or more comparable markets and the opportunity measurement of each of the one or more comparable markets.

15. The method of claim 14, further comprising generating an assessment for the first market based on the difference between the attainable opportunity measurement for the first market and the actual capture measurement for the first market.

16. The method of claim 14, wherein the actual capture measurement comprises a revenue or balance measurement for the product within each market.

17. The method of claim 14, wherein the actual capture measurement comprises a household measurement that indicates a number of households that receive the product from the enterprise.

18. The method of claim 14, wherein the opportunity measurement indicates an amount of opportunity to provide the product within each market to potential customers of the enterprise who do not currently receive the product.

19. The method of claim 14, wherein the opportunity measurement indicates an amount of opportunity to provide additional volume of the product within each market to customers of the enterprise who currently receive the product.

20. The method of claim 14, wherein each market of the plurality of markets represents a block group.