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
Lab
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.
AI classification
Ownership
INTERNATIONAL BUSINESS MACHINES CORPORATION
assignment · 198930471
Assignors
ANGELL, ROBERT LEE, KRAEMER, JAMES R.
On an employer assignment, the assignors are typically the inventors.