SHOPPING PLAN MANAGEMENT

• US 20130191193A1
• Filed: 01/23/2012
• Published: 07/25/2013
• Est. Priority Date: 01/23/2012
• Status: Abandoned Application

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Calman, Matthew A., Ross, Erik Stephen, Thomas, Susan Smith, Lee, Jooyong, Fang, Zhenshuo, Mulholland, James, Kiu, Brendan, Tan, Nastasha
• Application Number:
  US13/355,886
• Publication Number:
  US 20130191193A1
• Time in Patent Office: Days
• US Class Current: 705/14.4
• CPC Class Codes: G01C 21/3476 using point of interest [POI] information, e.g. a route passing visible POIs
• CPC Class Codes: G01C 21/362 received from an external device or application, e.g. PDA, mobile phone or calendar application
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 30/00 Commerce

Abstract

Embodiments of the invention include systems, methods, apparatuses, and computer-program products that provide shopping plan optimization. In one embodiment of the invention, information associated with a shopping plan is retrieved by the system; the shopping plan may include a grocery or other shopping list. The system compares the information associated with the shopping plan to a database. The database may include information associated with a plurality of merchants and businesses. The system optimizes the shopping plan based at least partially on the comparison of the information associated with the shopping plan to the database. In an embodiment, the system optimizes the shopping by determining an efficient travel route based on the products and/or items in the shopping plan.

Claims

1. A system for optimizing a shopping plan, said system comprising:

a communication interface;

a database comprising merchant product information for at least one merchant;

a storage device;

a processing device in communication with said communication interface, storage device, and database, wherein said processing device is configured to;

retrieve information associated with the at least one shopping plan;

compare the information associated with the at least one shopping plan to the merchant product information stored in the database; and

optimize the at least one shopping plan based at least partially on the comparison of the information associated with the at least one shopping plan to the merchant product information stored in database.

2. The system of claim 1, wherein the database comprises information associated with a plurality of business-merchants comprising at least merchant store layout information, merchant product information, merchant store location, merchant offer information and wherein said processing device optimizes the at least one shopping plan based at least partially on a comparison of at least one or more of the merchant store layout information, merchant product information, merchant offer information or the merchant store location information with the at least one shopping plan.

3. The system of claim 1, wherein the storage device comprises a profile for a user associated with the at least one shopping plan, wherein the profile comprises at least transaction data associated with the user and shopping plan history associated with the user, and wherein said processing device optimizing the at least one shopping plan based at least partially a comparison the information associated with the at least one shopping plan to the transaction data and shopping plan history associated with the user.

4. The system of claim 1, wherein the processing device is configured to optimize the at least one shopping plan based at least partially on a user'"'"'s travel schedule.

5. The system of claim 1, wherein the processing device is configured to optimize the at least one shopping plan based at least partially on an opportunity cost to purchase each good and/or service associated with the at least one shopping plan.

6. The system of claim 1, wherein the processing device is configured to optimize the at least one shopping plan based at least partially on a total cost to purchase one or more products and/or services associated with the at least one shopping plan.

7. The system of claim 1, wherein the processing device is configured to optimize the shopping plan based at least partially on perishability of the one or more products and/or services associated with the at least one shopping plan.

8. The system of claim 1, wherein the processing device is configured to use the communication interface to allow the user to visually navigate a merchant store prior to arriving at the business-merchant store.

9. The system of claim 1, wherein the processing device is configured to use the communication interface to allow the user to hear an audible description of the shopping plan for navigation of a business-merchant'"'"'s store prior to arriving at the store.

10. A method for optimizing a shopping plan, said method comprising:

retrieving information associated with the at least one shopping plan;

comparing the information associated with the at least one shopping plan to merchant product information for at least one merchant; and

optimizing, using a processing device, the at least one shopping plan based at least partially on the comparison of the information associated with the at least one shopping plan to the merchant product information.

11. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining one or more merchant locations having one or more products and/or services associated with the at least one shopping plan.

12. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining a path through a merchant store to each of the products and/or services associated with the at least one shopping plan.

13. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining one or more products and/or services to augment the at least one shopping plan with, wherein said one or more products and/or services are related to a financial institution.

14. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining one or more alternative products and/or services to substitute in lieu of one or more products and/or services associated with the at least one shopping plan.

15. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining one or more merchants having all of one or more products and/or services associated with the at least one shopping plan.

16. The method of claim 10, wherein the optimizing the at least one shopping plan comprises determining one or more ads and/or promotions to include with the at least one shopping plan.

17. A computer program product for optimizing a shopping plan, said computer program comprising a non-transitory computer readable medium, wherein the non-transitory computer readable medium comprises one or more computer executable program code portions that, when executed by a computer, cause the computer to:

retrieve information associated with the shopping plan;

compare the information associated with the shopping plan to merchant product information for at least one merchant; and

optimize the at least one shopping plan based at least partially on the comparison of the information associated with the shopping plan to the merchant product information.

18. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimize the at least one shopping plan by determining one or more merchant locations having one or more products and/or services associated with the at least one shopping plan.

19. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimizing the at least one shopping plan comprises determining a path through a merchant store to each of the products and/or services associated with the at least one shopping plan.

20. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimizing the at least one shopping plan comprises determining one or more products and/or services to augment the at least one shopping plan with, wherein said one or more products and/or services are related to a financial institution.

21. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimize the at least one shopping plan via determining one or more alternative products and/or services to substitute in lieu of one or more products and/or services associated with the at least one shopping plan.

22. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimize the at least one shopping plan via determining one or more merchants having all of one or more products and/or services associated with the shopping plan.

23. The computer program product of claim 17, wherein the one or more computer program executable portions, when executed by the computer, cause the computer to:

optimize the at least one shopping plan via determining one or more ads and/or promotions to include with the shopping plan.