PRODUCT SCORE METHOD AND SYSTEM
Disclosed in one embodiment is a method implemented in a computer system for determining a score of a product.
1 . A method of determining a product score performed by a computer comprising a processor and a memory, which memory comprises instructions which, when executed, cause the processor and memory to perform the following:
with respect to a product:
obtain and weight a demand metric;
obtain and weight a supply metric;
obtain and weight a quality metric; and
determine the product score by combining the metrics.
2 . The method of claim 1 , further comprising ranking the products in a set of products based on the product score for each of the products in the set of products.
3 . The method of claim 1 , further comprising receiving a search term, determining a category associated with the search term and a set of products associated with the category, ranking the set of products according to the product score for each product in the set of products, and returning a result in response to the search term based on the ranked set of products.
4 . The method of claim 1 , wherein the demand metric is determined by normalizing and combining at least one of an availability metric, a sales rank metric, and a change in website traffic.
5 . The method of claim 4 , wherein the sales rank metric comprises a change in sales rank.
6 . The method of claim 4 , wherein the availability metric may be derived from a listing regarding the availability of the product on a website selling the product.
7 . The method of claim 6 , wherein the availability metric may comprise a change in availability between a first and a second listing on a webpage regarding the availability of the product.
8 . The method of claim 1 , wherein at least one of the supply metric and the quality metric further comprise a store score.
9 . The method of claim 8 , wherein the store score is determined by averaging a set of normalized likes, followers, and visitors to a website of the store.
10 . The method of claim 8 , wherein the supply metric is determined by combing a set of store scores for each store selling the product.
11 . The method of claim 10 , wherein determining the supply metric further comprises obtaining and combining a price change frequency for the product, a price change magnitude for the product, a promotion frequency for the product, a promotion magnitude for the product, and a promotion duration for the product.
12 . The method of claim 1 , further comprising obtaining, weighting, and combining with the other metrics a social impact metric.
13 . The method of claim 12 , wherein the social impact metric comprises a number of instances of the product in a social media and a brand score.
14 . The method of claim 13 , wherein the brand score is determined by summing a normalized number of followers of a brand associated with the product, a normalized number of likes of the brand associated with the product, and a product score for each product in the brand.
15 . The method of claim 1 , further comprising obtaining, weighting, and combining with the other metrics a product-type quantity metric.
16 . The method of claim 15 , wherein the product-type quantity metric is determined by obtaining a brand and a category associated with the product and obtaining a number of products in the same category and produced by the brand.
17 . The method of claim 16 , wherein the product-type quantity metric is further determined by obtaining a number of substitutes for the product and combining the number of substitutes with the number of products in the same category and produced by the brand.
18 . The method of claim 8 , wherein the quality metric is determined by combining a set of store scores for each store selling the product.
19 . A system for determining a product score for a product, which system comprises a computer processor and a computer memory, which computer memory comprises instructions which, when executed, cause the system to perform the following:
with respect to a product:
obtain and weight a demand metric;
obtain and weight a supply metric;
obtain and weight a quality metric; and
determine the product score by combining the metrics.
20 . A computer readable medium comprising instructions which, when executed by a computer comprising a processor and a memory, perform a method of determining a product score, which method comprises:
with respect to a product:
obtaining and weighting a demand metric;
obtaining and weighting a supply metric;
obtaining and weighting a quality metric; and
determining the product score by combining the metrics.