AUTOMATICALLY GENERATING AN OPTIMAL MARKETING STRATEGY FOR IMPROVING CROSS SALES AND UPSALES OF ITEMS

Patent №

US 9,685,048

Granted

2017-06-20

Filed 2007

Owner

INTERNATIONAL BUSINESS MACHINES CORPORATION

AI components

2

planning · evo

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11862279

A computer implemented method, apparatus, and computer usable program product for generating an optimized marketing strategy for improving sales. The process parses event data to identify patterns of events associated with a selection of a selected item by each customer in a plurality of customers and selection of at least one item in a set of items related to the selected item. The process identifies events in the patterns of events that result in a purchase of at least one item in the set of related items by the customers to form optimized events. The process then generates a marketing strategy using the optimized events. The marketing strategy comprises a set of strategies for increasing purchases of items in the set of related items by the customers.

PlanningEvolutionary computationG07G 1/00G06Q 10/06375G06Q 30/02G06Q 30/0201G06Q 30/0204

AI classification

Planning1.00
Evolutionary computation0.97
Machine learning0.31
AI hardware0.08
Knowledge representation0.02
Natural language0.00
Speech0.00
Vision0.00

Ownership

INTERNATIONAL BUSINESS MACHINES CORPORATION

assignment · 198930471

Assignors

ANGELL, ROBERT LEE, KRAEMER, JAMES R.

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

From the same owner

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