WO2007130527A3 - Systems and methods for business to business price modeling using price elasticity optimization - Google Patents

Systems and methods for business to business price modeling using price elasticity optimization Download PDF

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Publication number
WO2007130527A3
WO2007130527A3 PCT/US2007/010754 US2007010754W WO2007130527A3 WO 2007130527 A3 WO2007130527 A3 WO 2007130527A3 US 2007010754 W US2007010754 W US 2007010754W WO 2007130527 A3 WO2007130527 A3 WO 2007130527A3
Authority
WO
WIPO (PCT)
Prior art keywords
business
price
systems
methods
optimization
Prior art date
Application number
PCT/US2007/010754
Other languages
French (fr)
Other versions
WO2007130527A2 (en
Inventor
Soulaymane Kachani
Jens E Tellefsen
Original Assignee
Vendavo Inc
Soulaymane Kachani
Jens E Tellefsen
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Vendavo Inc, Soulaymane Kachani, Jens E Tellefsen filed Critical Vendavo Inc
Publication of WO2007130527A2 publication Critical patent/WO2007130527A2/en
Publication of WO2007130527A3 publication Critical patent/WO2007130527A3/en

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Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/02—Marketing; Price estimation or determination; Fundraising

Abstract

The present invention relates to business to business market price control and management systems. More particularly, the present invention relates to systems and methods for generating price modeling and optimization modules in a business to business market setting wherein continuous pricing feedback is used to update and calibrate said optimization. Furthermore, competitive behavior is modeled and incorporated into the optimization process.
PCT/US2007/010754 2006-05-02 2007-05-02 Systems and methods for business to business price modeling using price elasticity optimization WO2007130527A2 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US41587706A 2006-05-02 2006-05-02
US11/415,877 2006-05-02

Publications (2)

Publication Number Publication Date
WO2007130527A2 WO2007130527A2 (en) 2007-11-15
WO2007130527A3 true WO2007130527A3 (en) 2008-03-13

Family

ID=38668310

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2007/010754 WO2007130527A2 (en) 2006-05-02 2007-05-02 Systems and methods for business to business price modeling using price elasticity optimization

Country Status (1)

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WO (1) WO2007130527A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN112734457A (en) * 2020-12-25 2021-04-30 上海云角信息技术有限公司 Hotel guest room dynamic pricing method, device, equipment and storage medium

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5608620A (en) * 1990-03-19 1997-03-04 Lundgren; Carl A. Method of eliciting unbiased forecasts by relating a forecaster's pay to the forecaster's contribution to a collective forecast
US20050197857A1 (en) * 2004-03-05 2005-09-08 Avery N. C. Method and system for optimal pricing and allocation

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5608620A (en) * 1990-03-19 1997-03-04 Lundgren; Carl A. Method of eliciting unbiased forecasts by relating a forecaster's pay to the forecaster's contribution to a collective forecast
US20050197857A1 (en) * 2004-03-05 2005-09-08 Avery N. C. Method and system for optimal pricing and allocation

Also Published As

Publication number Publication date
WO2007130527A2 (en) 2007-11-15

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