System For Individualized Customer Interaction
2 Assignments
0 Petitions
Accused Products
Abstract
A method and system for using individualized customer models when operating a retail establishment is provided. The individualized customer models may be generated using statistical analysis of transaction data for the customer, thereby generating sub-models and attributes tailored to customer. The individualized customer models may be used in any aspect of a retail establishment'"'"'s operations, ranging from supply chain management issues, inventory control, promotion planning (such as selecting parameters for a promotion or simulating results of a promotion), to customer interaction (such as providing a shopping list or providing individualized promotions).
5 Citations
21 Claims
-
1. (canceled)
-
2. A computer-implemented method of evaluating performance of a shopping list predictor, the method comprising:
-
accessing a customer model that stores transaction data associated with a customer, wherein the transaction data describes previous purchases that were made by the customer; determining, by one or more computers, at least one performance metric to be used for evaluating the shopping list predictor; determining, from the transaction data, training data to be used for training the shopping list predictor and test data to be used for evaluating the performance of the shopping list predictor; generating, by the one or more computers and based on the training data, a predicted shopping list using the shopping list predictor; comparing, by the one or more computers, the predicted shopping list with the test data to determine a match between product categories that were predicted by the shopping list predictor with product categories that were actually purchased by the customer; determining a value of a performance metric based on comparing the predicted shopping list with the test data; and outputting, by the one or more computers, a measure of performance for the shopping list predictor based on the value of the performance metric. - View Dependent Claims (3, 4, 5, 6, 7)
-
-
8. A computer-implemented method comprising:
-
accessing customer models that store transaction data associated with one or more customers; determining, by one or more computers and based on the transaction data associated with the one or more customers, a predicted probability that customers will purchase products belonging to a product category during a predetermined period of time; generating, by the one or more computers and based on the predicted probability, a prediction of an amount of products in the product category that will be purchased during the predetermined period of time; and determining an amount by which an inventory of products in the product category can be reduced, based at least on the prediction of an amount of products in the product category that will be purchased during the predetermined period of time. - View Dependent Claims (9, 10, 11, 12, 13)
-
-
14. A computer-implemented method of promotion planning, the method comprising:
-
determining, by one or more computers, a customer model comprising a plurality of promotion attributes comprising at least one of (i) a price sensitivity attribute indicative of sensitivity of a customer to a product price, or (ii) a brand loyalty attribute indicative of loyalty of the customer to a product brand, the promotion attributes being derived from customer data comprising transaction data associated with the customer; predicting, by the one or more computers, a product of interest to the customer; and generating, by the one or more computers, a promotional offer based on at least one of the promotion attributes and the product of interest to the customer. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21)
-
Specification