IP Library Patent Application 13080575
Patent Application
App. No. 13/080,575

SYSTEMS AND METHODS FOR PROVIDING MARKET INSIGHT

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Quick Facts
Patent No.
US None
App. No.
13/080,575
Abstract

The present disclosure includes a system, method, and article for providing market insight. The system may generate a market profile based upon actual purchase data. The market profile may include one or more of the following: a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase. The system may further transmit the market profile to a client.

Claims (30)

1 . A method comprising:

generating, by a computer-based system for providing market insight, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase; and

transmitting, by the computer-based system, the market profile to a client.

2 . The method of claim 1 , further comprising generating, by the computer-based system, the market profile based upon published pricing data.

3 . (canceled)

4 . The method of claim 1 , wherein the actual purchase data occurs within a range comprising two weeks prior to a selected date and two weeks later than the selected date.

5 . The method of claim 1 , wherein the actual purchase data occurs within a range comprising a selected date and four months preceding the selected date.

6 . The method of claim 1 , wherein the actual purchase data occurs within a range comprising a selected date and at least one year preceding the selected date.

7 . The method of claim 1 , further comprising updating, by the computer-based system, the actual purchase data in pseudo-real time.

8 . The method of claim 1 , wherein the actual purchase data includes data associated with purchases made by a business.

9 . The method of claim 1 , further comprising determining, by the computer-based system, a least expensive price associated with a particular date, in response to a date selection received by the computer-based system.

10 . The method of claim 1 , further comprising limiting, by the computer-based system, a purchaser to a maximum purchase price.

11 . The method of claim 1 , wherein the actual purchase data comprises at least one of: air travel purchase data, hotel purchase data, and rental purchase data.

12 . An article of manufacture including a non-transitory, tangible computer readable store medium having instructions stored thereon that, in response to execution by a computer-based system for providing market insight, cause the computer-based system to perform operations comprising:

generating, by the computer-based system, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of:

a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase; and

transmitting, by the computer-based system, the market profile to a client.

13 . A system comprising:

a processor for providing market insight;

a tangible, non-transitory memory configured to communicate with the processor,

the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising:

generating, by the processor, a market profile based upon actual purchase data comprising future booked purchase data, wherein the market profile includes at least one of: a pricing trend, a high price, a low price, an average price, a median price, a mean price, a modal price, a most frequently paid price, an optimal date to make a purchase, an optimal date to redeem a purchase, an optimal merchant from which to purchase, and an optimal location to make a purchase; and

transmitting, by the processor, the market profile to a client.

14 . The system of claim 13 , further comprising generating, by the processor, the market profile based upon published pricing data.

15 . (canceled)

16 . The system of claim 13 , wherein the actual purchase data occurs within a range comprising two weeks prior to a selected date and two weeks later than the selected date.

17 . The system of claim 13 , wherein the actual purchase data occurs within a range comprising a selected date and four months preceding the selected date.

18 . The system of claim 13 , wherein the actual purchase data occurs within a range comprising a selected date and at least one year preceding the selected date,

19 . The system of claim 13 , further comprising updating, by the processor, the actual purchase data in pseudo-real time.

20 . The system of claim 13 , wherein the actual purchase data is limited to data associated with purchases made by a business.

Assignments (3)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 20, 2018
From: III HOLDINGS 1, LLC
To: LIBERTY PEAK VENTURES, LLC
Reel/Frame 045660/0060 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 21, 2014
From: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
To: III HOLDINGS 1, LLC
Reel/Frame 032722/0746 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 5, 2011
From: CANTWELL, BRADLEY M.; HEATH, DAVID R.; MANNING, CHRISTA D.; SCHNUR, FRANK, JR.
To: AMERICAN EXPRESS TRAVEL RELATED SERVICES, INC.
Reel/Frame 026079/0121 →