SYSTEM AND METHOD FOR DETERMINING EFFECTS OF MULTI-CHANNEL MEDIA SOURCES ON MULTI-CHANNEL CONVERSION EVENTS

Patent №

US 11,042,897

Granted

2021-06-22

Filed 2011

Owner

LUCID COMMERCE, INC.

Lab

AI components

4

ml · nlp · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

13221865

This paper presents a practical method for measuring the impact of multiple marketing events on sales, including marketing events that are not traditionally trackable. The technique infers which of several competing media events are likely to have caused a given conversion. The method is tested using hold-out sets, and also a live media experiment for determining whether the method can accurately predict television-generated web conversions.

Machine learningNatural languagePlanningAI hardwareG06Q 30/0246G06Q 30/0241G06Q 30/0242G06Q 30/0243G06Q 30/0254G06Q 30/0269G06Q 30/0272

AI classification

Machine learning1.00
Planning0.99
Natural language0.98
AI hardware0.95
Knowledge representation0.10
Speech0.01
Vision0.01
Evolutionary computation0.01

Ownership

LUCID COMMERCE, INC.

assignment · 270890521

Assignors

KITTS, BRENDAN, BURDICK, BRIAN, AU, DYNG, WEI, LIANG, POWTER, AMANDA

On an employer assignment, the assignors are typically the inventors.

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