Analyzing transactional data

• US 8,688,595 B2
• Filed: 03/31/2008
• Issued: 04/01/2014
• Est. Priority Date: 03/31/2008
• Status: Active Grant

• Current Assignee: Mediabrands Ireland Ltd.
• Original Assignee: Pursway Ltd. (Interpublic Group of Cos., Inc.)
• Inventors: Pfeffer, Elery, Gildor, Guy
• Primary Examiner(s): Plucinski, Jami A
• Assistant Examiner(s): SENSENIG, SHAUN D
• Application Number:
  US12/078,352
• Publication Number:
  US 20090248434A1
• Time in Patent Office: 2,192 Days
• Field of Search: None
• US Class Current: 705/320
• CPC Class Codes: B43K 24/02 for locking a single writing unit in only fully projected or retracted positions
• CPC Class Codes: B43K 24/026 with a sleeve sliding on the forward end of the lead
• CPC Class Codes: G06Q 20/3224 Transactions dependent on location of M-devices
• CPC Class Codes: G06Q 20/384 using social networks
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0251 Targeted advertisements
• CPC Class Codes: G06Q 30/0281 Customer communication at a business location, e.g. providing product or service information, consulting
• CPC Class Codes: G06Q 50/01 Social networking

Abstract

A system and method for measuring or at least detecting the effect of at least implicit communication on transactions within a social group, optionally such as consumer purchases for example. The group may optionally comprise a social network, a pair, 3 or more individuals and so forth. By “implicit communication” it is meant communication for which there is no record, for example in a database. The aftereffects of such communication may optionally be determined, detected and/or measured through detection and/or measurement of influence, as described in greater detail below. For example, if a first consumer performs purchase of an item and a second consumer later purchases the same or similar item within a given time period, the two purchases may optionally be linked through influence which may in turn have optionally occurred through implicit communication. Optionally, the system and method may also measure or at least detect the effect of explicit communication, for which there is a record, for example in a database that describes the communication itself.

Claims

1. A method for constructing a network of communication

flows for a social group comprising a plurality of members, the following method steps being performed by a computer, the method comprising:

detecting at least one relationship between the plurality of members according to a flow of communication between the plurality of members;

detecting implicit communication to form detected implicit communication by detecting purchasing the same or similar

products at the same or similar time and also further by detecting one or more of communicating within the same cellular cell on a repeated basis, one or more of communicating from, living in, or working in the same geographical location at the same time, or a combination thereof, wherein said detected implicit communication is further detected by at least one commercial transaction;

analyzing said detected implicit communication to determine possible transfer of information between each plurality of members having said relationship to determine influence according to a mathematical model of information transfer through implicit communication, wherein said mathematical model determines a weighting of said influence;

determining active and passive coefficients for active and passive transfer of information, respectively, by analyzing said influence, wherein said active and passive coefficients are determined according to said detected implicit communication and according to said weighting; and

detecting at least one key member of the network of communication flows according to said active and passive coefficients for transfer of information.

2. The method of claim 1, wherein said at least one commercial transaction relates to purchase of a product.

3. The method of claim 2, wherein said at least one commercial transaction relates to one or more of churn, client acquisition, up-sell, cross-sell or win-back, or a combination thereof.

4. The method of claim 3, wherein said commercial transaction relates to a company and wherein said commercial transaction further comprises contacting said company or changing at least one parameter of said commercial transaction.

5. The method of claim 2, further comprising:

determining at least one marketing action according to the relationship with said key member.

6. The method of claim 5, wherein said at least one marketing action comprises one or more of increasing brand awareness, churn prevention, client retention, client acquisition, up-sell, cross-sell or win-back, or a combination thereof.

7. The method of claim 1, wherein said at least one commercial transaction relates to purchase of a subscription.

8. The method of claim 1, further comprising:

detecting a plurality of key members of the network of communication flows;

determining a number of members influenced by each key member; and

selecting a particular key member as having at least a threshold number of influenced members.

9. The method of claim 8, wherein said threshold comprising having the largest number of influenced members.

10. The method of claim 9, further comprising:

addressing at least one marketing method to said particular key member.

11. The method of claim 1, further comprising detecting explicit communication and also determining the relationship according to said explicit communication.

12. The method of claim 1, further comprising:

determining a plurality of relationships of the network of communication flows;

constructing the network of communication flows from said plurality of relationships;

repeating to construct a plurality of networks of communication flows; and

overlaying said plurality of networks of communication flows to combine into a combined network of communication flows according to a similarity threshold.

13. The method of claim 1, further comprising:

determining a strength of said relationship; and

selecting a preferred mode of influence from active or passive according to said strength of said relationship.

14. The method of claim 1, wherein said implicit communication is performed through the Internet.

15. The method of claim 14, wherein said implicit communication through the Internet includes one or more of e-mail, posting on a web page, posting on a blog, posting on a chat room, visiting a web page or an IM (instant messenger) message.

16. The method of claim 14, further comprising analyzing said implicit communication according to content to detect a potential relationship.

17. The method of claim 1, wherein said implicit communication is detected according to proximity in both time and location to said at least one transactional event.