System and method for defining a sales promotion
First Claim
1. A computer-readable medium comprising instructions that when executed by a processor, perform the steps of consolidating sales promotion data in a data warehouse, the steps comprising:
- selecting by the processor a first markdown profile for a product group, the product group comprising a first product and a second product, the first markdown profile configured to compare a first targeted sales amount during at least a first time period to a first markdown amount for the at least first time period;
setting by the processor the first markdown profile as a product group markdown profile for the first product and the second product;
assigning by the processor a second markdown profile to the second product, the second markdown profile configured to compare a second targeted sales amount during at least a second time period to a second markdown amount for the at least second time period;
selecting by the processor a first price plan;
selecting by the processor a second price plan;
selecting by the processor a first retail price for the first product;
selecting by the processor a second retail price for the second product;
acquiring by the processor first updated sales data for the first product;
acquiring by the processor second updated sales data for the second product;
determining by the processor at least one of a first change to the first price plan and a second change to the second price plan based on comparing at least one of the first updated sales data to the first markdown profile and the second updated sales data to the second markdown profile;
receiving by the processor a first sales promotion data and a second sales promotion data corresponding to a first sales promotion and a second sales promotion from the data warehouse based on at least one of the first change and the second change;
adjusting by the processor at least one of the first retail price and the second retail price based at least one of the first sales promotion and the second sales promotion;
grouping by the processor the first sales promotion data and the second sales promotion data to define a third promotion data corresponding to a third sales promotion; and
storing product data in the data warehouse.
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Accused Products
Abstract
A method of and system for defining a sales promotion including consolidating sales promotion data in a data warehouse are disclosed. The method includes receiving in a computerized system first and second sales promotion data corresponding to first and second sales promotions from the data warehouse, and grouping the first and second sales promotion data to define third promotion data corresponding to a third sales promotion. The system includes means for receiving first and second sales promotion data corresponding to first and second sales promotions from the data warehouse, and means for grouping the first and second sales promotion data to define third promotion data corresponding to a third sales promotion.
77 Citations
54 Claims
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1. A computer-readable medium comprising instructions that when executed by a processor, perform the steps of consolidating sales promotion data in a data warehouse, the steps comprising:
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selecting by the processor a first markdown profile for a product group, the product group comprising a first product and a second product, the first markdown profile configured to compare a first targeted sales amount during at least a first time period to a first markdown amount for the at least first time period; setting by the processor the first markdown profile as a product group markdown profile for the first product and the second product; assigning by the processor a second markdown profile to the second product, the second markdown profile configured to compare a second targeted sales amount during at least a second time period to a second markdown amount for the at least second time period; selecting by the processor a first price plan; selecting by the processor a second price plan; selecting by the processor a first retail price for the first product; selecting by the processor a second retail price for the second product; acquiring by the processor first updated sales data for the first product; acquiring by the processor second updated sales data for the second product; determining by the processor at least one of a first change to the first price plan and a second change to the second price plan based on comparing at least one of the first updated sales data to the first markdown profile and the second updated sales data to the second markdown profile; receiving by the processor a first sales promotion data and a second sales promotion data corresponding to a first sales promotion and a second sales promotion from the data warehouse based on at least one of the first change and the second change; adjusting by the processor at least one of the first retail price and the second retail price based at least one of the first sales promotion and the second sales promotion; grouping by the processor the first sales promotion data and the second sales promotion data to define a third promotion data corresponding to a third sales promotion; and storing product data in the data warehouse. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. A program product for consolidating sales promotion data in a data warehouse, the program product comprising machine-readable program code for causing, when executed, one or more machines to perform the following method steps:
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selecting a first markdown profile for a product group, the product group comprising a first product and a second product, the first markdown profile configured to compare a first targeted sales amount during at least a first time period to a first markdown amount for the at least first time period; setting the first markdown profile as a product group markdown profile for the first product and the second product; assigning a second markdown profile to the second product, the second markdown profile configured to compare a second targeted sales amount during at least a second time period to a second markdown amount for the at least second time period; selecting a first price plan; selecting a second price plan; selecting a first retail price for the first product; selecting a second retail price for the second product; acquiring first updated sales data for the first product; acquiring second updated sales data for the second product; determining at least one of a first change to the first price plan and a second change to the second price plan based on comparing at least one of the first updated sales data to the first markdown profile and the second updated sales data to the second markdown profile; receiving a first sales promotion data and a second sales promotion data corresponding to a first sales promotion and a second sales promotion from the data warehouse based on at least one of the first change and the second change; receiving a product quantity data which represents an amount of product still in stock at a particular date; adjusting at least one of the first retail price and the second retail price based on the product quantity data and at least one of the first sales promotion and the second sales promotion; grouping the first sales promotion data and the second sales promotion data to define a third promotion data corresponding to a third sales promotion; and storing product data in the data warehouse. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36)
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37. A system for consolidating sales promotion data in a data warehouse, the system comprising:
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a slow seller engine configured to select a first markdown profile for a product group, the product group comprising a first product and a second product, the first markdown profile configured to compare a first targeted sales amount during at least a first time period to a first markdown amount for the at least first time period; the slow seller engine further configured to set the first markdown profile as a product group markdown profile for the first product and the second product; the slow seller engine further configured to assign a second markdown profile to the second product, the second markdown profile configured to compare a second targeted sales amount during at least a second time period to a second markdown amount for the at least second time period; a price planning system configured to select a first price plan; the price planning system further configured to select a second price plan; the price planning system further configured to select a first retail price for the first product; the price planning system further configured to select a second retail price for the second product; the price planning system further configured to acquire first updated sales data for the first product; the price planning system further configured to acquire second updated sales data for the second product; the slow seller engine further configured to determine at least one of a first change to the first price plan and a second change to the second price plan based on comparing at least one of the first updated sales data to the first markdown profile and the second updated sales data to the second markdown profile; the slow seller engine further configured to receive a first sales promotion data and a second sales promotion data corresponding to a first sales promotion and a second sales promotion from the data warehouse based on at least one of the first updated sales data, the second updated sales data, the first change and the second change; the slow seller engine further configured to adjust at least one of the first sales promotion and the second sales promotion; the price planning system further configured to group the first sales promotion data and the second sales promotion data to define a third promotion data corresponding to a third sales promotion; and storing product data in the data warehouse. - View Dependent Claims (38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54)
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Specification