SYSTEMS AND METHODS FOR DETERMINING AND INCREASING BUSINESS ACTIVITY

SYSTEMS AND METHODS FOR DETERMINING AND INCREASING BUSINESS ACTIVITY

Systems and methods for determining relative business volume for a given time frame between a specific retail establishment and other comparable retail establishments. A database storing retail transactions for multiple retail establishments is accessed for data relating to retail transactions for a...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: VOLBERG, RYAN W, FALK, KEVIN B, ALEXANDER, ROBERT E
Format: Patent
Sprache:eng ; fre
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Systems and methods for determining relative business volume for a given time frame between a specific retail establishment and other comparable retail establishments. A database storing retail transactions for multiple retail establishments is accessed for data relating to retail transactions for a specific retail establishment. These transactions are for a specific time period in question. Retail transactions for other retail establishments that are comparable to the specific retail establishment are also retrieved for the same time period. These transactions for the other establishments are then aggregated to render the data anonymous. The aggregated data is then processed on a per-retail establishment basis and compared to the data for the specific retail establishment. If the specific retail establishment is considered to have lower business transactions than the other establishments, the data retrieved is then analyzed and promotional events designed to increase business for the specific retail establishment are then recommended.