Systems and methods to identify differences in spending patterns

• US 8,639,567 B2
• Filed: 03/17/2011
• Issued: 01/28/2014
• Est. Priority Date: 03/19/2010
• Status: Active Grant

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Winters, Michelle Eng
• Primary Examiner(s): Lastra, Daniel
• Application Number:
  US13/050,796
• Publication Number:
  US 20110231257A1
• Time in Patent Office: 1,048 Days
• Field of Search: 705/14.1
• US Class Current: 705/14.1
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0255 based on user history

Abstract

In one aspect, a system includes a transaction handler to process transactions, a data warehouse to store data recording the transactions, and at least one processor coupled with the data warehouse and configured to identify a first set of customers who made first transactions correlated with an advertisement, identify a second set of customers not in the first set of customers, and determine a difference between a first pattern in a first set of transactions of the first set of customers and a second pattern in a second set of transactions of the second set of customers.

Claims

1. A computer-implemented method, comprising:

correlating, by a computing device, first transactions with communicated advertisement;

determining, by the computing device, first customers who made the first transactions wherein the first transactions were sufficiently correlated with the communicated advertisement;

identifying, by the computing device, a first set of transactions of the first customers;

determining, by the computing device, second customers not in the first customers;

identifying, by the computing device, a second set of transactions of the second customers; and

comparing, by the computing device, a first pattern in the first set of transactions and a second pattern in the second set of transactions.

2. The method of claim 1, wherein the first set of transactions are made between the first customers and a merchant;

and the second set of transactions are made between the second customers and the merchant.

3. The method of claim 2, wherein the first set of transactions and the second set of transactions are made after the first transactions;

and the first pattern and the second pattern are compared to determine influence of the advertisement.

4. The method of claim 1, wherein the first set of transactions and the second set of transactions are made prior to presentation of the advertisement.

5. The method of claim 1, wherein the advertisement is presented in a time period in a commercial district.

6. The method of claim 5, wherein the second customers are determined based on the second customers having performed second transactions outside the commercial district during the time period.

7. The method of claim 1, wherein the first set of transactions includes the first transactions correlated with the advertisement.

8. The method of claim 1, wherein the comparing of the first pattern and the second pattern comprises identifying a difference in the first pattern and the second pattern.

9. The method of claim 8, wherein the first pattern is based on a first aggregated spending profile of the first customers;

and the second pattern is based on a second aggregated spending profile of the second customers.

10. The method of claim 9, wherein the difference is in a factor value defined based on a factor analysis of transaction data processed by a transaction handler.

11. The method of claim 1, wherein the advertisement is presented in a digital form;

and the first transactions are initiated in offline retail stores.

12. The method of claim 11, wherein the advertisement includes an offer;

and the first transactions are processed in connection with redemption of the offer.

13. The method of claim 11, further comprising:

associating the offer with accounts of the first customers in response to input received from the first customers.

14. The method of claim 13, further comprising:

receiving the input from the first customers via mobile phones of the first customers.

15. The method of claim 13, wherein the input comprises a selection of the advertisement by the first customer.

16. The method of claim 13, wherein payments made using the accounts are processed by a transaction handler, each of the payments being processed to make a payment from an issuer to an acquirer via the transaction handler in response to an account identifier of the accounts, as issued by the issuer, being submitted by a merchant to the acquirer, the issuer to make the payment on behalf of a respective customer, the acquirer to receive the payment on behalf of the merchant.

17. The method of claim 1, further comprising:

presenting a difference between the first pattern in the first set of transactions of the first customers and the second pattern in the second set of transactions of the second customers.

18. A tangible computer-readable storage medium storing instructions which, when executed on a computer, cause the computer to perform a method comprising:

correlating first transactions with communicated advertisement;

determining first customers who made the first transactions wherein the first transactions were sufficiently correlated with the communicated advertisement;

identifying a first set of transactions of the first customers;

determining second customers not in the first customers;

identifying a second set of transactions of the second customers; and

presenting a difference between a first pattern in the first set of transactions and a second pattern in the second set of transactions.

19. A computing apparatus, comprising:

a transaction handler to process transactions, each of the transactions being processed to make a payment from an issuer to an acquirer via the transaction handler in response to an account identifier of a customer, as issued by the issuer, being submitted by a merchant to the acquirer, the issuer to make the payment on behalf of the customer, the acquirer to receive the payment on behalf of the merchant;

a data warehouse to store data recording the transactions; and

at least one processor coupled with the data warehouse and configured to identify first customers who made first transactions correlated with communicated advertisement, identify second customers not in the first customers, and determine a difference between a first pattern in a first set of transactions of the first customers and a second pattern in a second set of transactions of the second customers.

20. The apparatus of claim 19, further comprising:

a portal configured to receive input to associate the advertisement with account identifiers of the first customers.