COMPETITIVE PRICING PLATFORM AND MANAGED INVENTORY REPOSITORY

• US 20140358629A1
• Filed: 12/09/2013
• Published: 12/04/2014
• Est. Priority Date: 05/31/2013
• Status: Abandoned Application

• Current Assignee: eBay Inc.
• Original Assignee: eBay Inc.
• Inventors: Kukal, Gaurav, Lakshminarayanan, Arun, Shivaswamy, Gurudatta Horantur, Menipaz, Amit Reoven, Joseph, Jaino, Yuan, Lili
• Application Number:
  US14/101,141
• Publication Number:
  US 20140358629A1
• Time in Patent Office: Days
• US Class Current: 705/7.29
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data

Abstract

Techniques for competitive pricing analysis and inventory management are described. According to various exemplary embodiments, a competitive pricing system is configured to crawl competitor websites for comparative pricing information at various time intervals. Moreover, the competitive pricing system is configured to determine if a price for an item on a home retailer website represents a “deal”, based on information crawled from competitor websites. According to various exemplary embodiments, a managed inventory repository system may enable improved identification of deals and specials within an inventory of a retailer website. For example, the managed inventory repository system may perform data mining operations to identify deals or specials offered for inventory items on a home retailer website. In some embodiments, a “special” can be defined in a variety of ways to suit different business units, campaigns, metrics, etc.

Claims

1. A method comprising:

identifying a current price for a first product being offered for sale on a first retailer website;

identifying a second product in a product inventory of a second retailer website that matches the first product, the second product being offered for sale on a product listing page hosted by the second retailer website;

monitoring a current price of the second product being offered for sale on the product listing page hosted by the second retailer website;

comparing the current price of the second product with the current price of the first product; and

determining that the current price of the first product offered for sale on the first retailer website corresponds to a competitive deal, based on the comparison.

2. The method of claim 1, wherein the monitoring comprises repeatedly crawling the product listing page associated with the second retailer website at a specific time interval.

3. The method of claim 2, further comprising:

determining the specific time interval, based on a popularity score associated with the first product.

4. The method of claim 1, wherein the current price of the second product and the price of the first product include a shipping cost.

5. The method of claim 1, further comprising:

receiving a request to view a product listing webpage for the first product that is hosted by the retailer website; and

displaying the product listing webpage for the first product, the product listing webpage identifying the current price of the first product corresponding to the competitive deal and indicating the current price of the second product.

6. The method of claim 1, further comprising:

transmitting an email notification to a user, the email notification identifying the current price of the first product corresponding to the competitive deal and indicating the current price of the second product.

7. The method of claim 1, further comprising:

causing an advertisement to be displayed on a webpage unaffiliated with the retailer website, the advertisement identifying the current price of the first product corresponding to the competitive deal and indicating the current price of the second product.

8. The method of claim 1, thither comprising:

causing the first product to appear higher in a content feed or search results page associated with the first retailer website.

9. The method of claim 1, further comprising:

receiving, via a user interface, a request from a seller to post a product listing page for a product;

determining that the product matches the first product offered for sale on the first retailer website; and

displaying a suggested price for the product, based on the current price for the second product offered for sale on the second retailer website.

10. The method of claim 1, further comprising:

adjusting the price of the first product on the first retailer website, based on the current price of the second product.

11. The method of claim 1, further comprising:

identifying a trending product on the second retailer website, based on crawling the second retailer website;

determining a particular product on the first retailer website that matches the trending product; and

promoting the particular product on the first retailer website.

12. The method of claim 11, wherein the trending product is identified by detecting the trending product in a bestseller list on the second retailer website.

13. The method of claim 11, wherein the trending product is identified by detecting an out of stock designation associated with the trending product on the second retailer website.

14. The method of claim 11, wherein the promoting comprises:

causing the particular product to be appear higher in a content feed or search results associated with the first retailer website.

15. The method of claim 1, further comprising:

receiving a user specification of definition information defining a special deal;

identifying specials associated with products offered for sale on the first retailer website; and

displaying a list of the specials.

16. An apparatus comprising:

a crawling module configured to;

identify a current price for a first product being offered for sale on a first retailer website;

identify a second product in a product inventory of a second retailer website that matches the first product, the second product being offered for sale on a product listing page hosted by the second retailer website; and

monitor a current price of the second product being offered for sale on the product listing page hosted by the second retailer website; and

a determination module configured to;

compare the current price of the second product with the current price of the first product; and

determine that the current price of the first product offered for sale on the first retailer website corresponds to a competitive deal, based on the comparison.

17. The apparatus of claim 16, wherein the monitoring comprises repeatedly crawling the product listing page associated with the second retailer website at a specific time interval.

18. The apparatus of claim 16, wherein the determination module is further configured to:

receive a request to view a product listing webpage for the first product that is hosted by the retailer website; and

display the product listing webpage for the first product, the product listing webpage identifying the current price of the first product corresponding to the competitive deal and indicating the current price of the second product.

19. A non-transitory machine-readable storage medium having embodied thereon instructions executable by one or more machines to perform operations comprising:

identifying a current price for a first product being offered for sale on a first retailer website;

identifying a second product in a product inventory of a second retailer website that matches the first product, the second product being offered for sale on a product listing page hosted by the second retailer website;

monitoring a current price of the second product being offered for sale on the product listing page hosted by the second retailer website;

comparing the current price of the second product with the current price of the first product; and

determining that the current price of the first product offered fir sale on the first retailer website corresponds to a competitive deal, based on the comparison.

20. The storage medium of claim 19, wherein the monitoring comprises repeatedly crawling the product listing page associated with the second retailer website at a specific time interval.