IP Library Patent Application 14172923
Patent Application
App. No. 14/172,923

SYSTEMS AND METHODS FOR PRICE POINT ANALYSIS

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Quick Facts
Patent No.
US None
App. No.
14/172,923
Abstract

The present invention relates to systems and methods for price point analysis which identifies dynamic root dimensional causes and enables identification of opportunities. Price point analysis includes analyzing transactions to generate a data set of transactions, identifying a primary waterfall cause of the data set, and lastly generating a discrete root dimensional cause classification by setting the primary waterfall cause as a dependent variable and all other dimensions as independent variables, and clustering the transactions into segments along dimensional boundaries that best explain the primary waterfall cause, thereby identifying the root cause and its location. In some embodiments, the transactions may be pre-processed before analyzing.

Claims (49)

1 . A method for price point analysis, useful in association with an integrated price management system, the method comprising:

analyzing source transactions to generate a data set of transactions;

identify a primary waterfall cause of the data set; and

generating, using a processor, a discrete root dimensional cause classification by setting the primary waterfall cause as a dependent variable and all other dimensions as independent variables, and clustering transactions along dimensional boundaries that best explain the primary waterfall cause.

2 . The method of claim 1 , wherein the analyzing transactions further comprises:

grouping source transactions by a split dimension;

calculating values for each group based on a decision test value percentiles applied to a distribution of derived decision measures; and

filtering out groups whose derived decision measures are not within the lift values.

3 . The method of claim 1 , wherein the identifying a primary waterfall cause comprises:

defining waterfall measures;

defining waterfall lift targets for each waterfall measure;

calculating a gap between each waterfall lift target and the corresponding waterfall measure; and

assigning the waterfall measure with the largest gap as the primary waterfall cause.

4 . The method of claim 1 , further comprising pre-processing including the steps of:

grouping raw transactions by an aggregation dimension;

calculating a discrimination value for each group of raw transactions;

assigning all raw transactions as source transactions if the discrimination value is below a threshold; and

filtering the groups by percentile limits and conditional filters if the discrimination value is above the threshold, and assigning the filtered transactions as source transactions.

5 . The method of claim 1 , wherein the clustering of the transactions forms nodes on a decision tree, and wherein each node in the decision tree is split by all possible split dimensions.

6 . The method of claim 5 , wherein the nodes that are unable to be split further are leaf nodes.

7 . The method of claim 6 , further comprising determining if leaf nodes are opportunities, wherein opportunities have more than one transaction in the leaf node, and if there is one primary waterfall cause which is both the highest occurrence and has the greatest total improvable waterfall lift.

8 . The method of claim 7 , further comprising determining for each opportunity the split dimension that created it, the number of transaction within it, the total value of recoverable lift for the opportunity, the percentage of recoverable lift for the opportunity, the dominant waterfall cause for the opportunity, the improvable recoverable lift for the opportunity, and the improvable waterfall lift for the opportunity.

9 . The method of claim 8 , further comprising sorting the opportunities by improvable waterfall lift.

10 . The method of claim 9 , further comprising displaying the opportunities with the greatest improvable waterfall lift.

11 . A price point analyzer comprising:

an analyzer configured to analyze source transactions to generate a data set of transactions;

a root waterfall classifier configured to identify a primary waterfall cause of the data set; and

a discrete classifier, including a processor, configured to generate a discrete root dimensional cause classification by setting the primary waterfall cause as a dependent variable and all other dimensions as independent variables, and clustering transactions within the data set by split dimensions.

12 . The system of claim 11 , wherein the analyzer is further configured to:

group source transactions by a split dimension;

calculate a decision derived measure for each transaction group;

filter out groups with less than a first threshold of measures to generate remaining groups; and

filter transactions within the remaining groups by a decision value limit to generate the data set of transactions.

13 . The system of claim 11 , wherein the root waterfall classifier is further configured to:

define waterfall measures;

define waterfall lift targets for each waterfall measure;

calculate a gap between each waterfall lift target and the corresponding waterfall measure; and

assign the waterfall measure with the largest gap as the primary waterfall cause.

14 . The system of claim 11 , further comprising a pre-processor configured to:

group raw transactions by an aggregation dimension;

calculate a discrimination value for each group of raw transactions;

assign all raw transactions as source transactions if the discrimination value is below a threshold; and

filter the groups by percentile limits and conditional filters if the discrimination value is above the threshold, and assigning the filtered transactions as source transactions.

15 . The system of claim 11 , wherein the clustering of the transactions forms nodes on a decision tree, and wherein each node in the decision tree is split by all possible split dimensions.

16 . The system of claim 15 , wherein the nodes that are unable to be split further are leaf nodes.

17 . The system of claim 16 , wherein the discrete classifier is further configured to determine if leaf nodes are opportunities, wherein opportunities have more than one transaction in the leaf node, and if there is one primary waterfall cause which is both the highest occurrence and has the greatest total improvable waterfall lift.

18 . The system of claim 17 , wherein the discrete classifier is further configured to determine, for each opportunity, the split dimension that created it, the number of transaction within it, the total value of recoverable lift for the opportunity, the percentage of recoverable lift for the opportunity, the dominant waterfall cause for the opportunity, the improvable recoverable lift for the opportunity, and the improvable waterfall lift for the opportunity.

19 . The system of claim 18 , wherein the discrete classifier is further configured to sort the opportunities by improvable waterfall lift.

20 . The system of claim 19 , wherein the discrete classifier is further configured to display the opportunities with the greatest improvable waterfall lift.

Assignments (2)
TERMINATION AND RELEASE OF PATENT SECURITY AGREEMENT Recorded Sep 14, 2021
From: GOLUB CAPITAL LLC
To: VENDAVO, INC.
Reel/Frame 057500/0204 →
SECURITY INTEREST Recorded Oct 17, 2014
From: VENDAVO, INC.
To: GOLUB CAPITAL LLC
Reel/Frame 033969/0399 →