Invention Grant
- Patent Title: Method for allocating advertising resources
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Application No.: US10972342Application Date: 2004-10-26
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Publication No.: US08417564B2Publication Date: 2013-04-09
- Inventor: Thomas Kelly , Nicholas M. Kiefer , Michael Lukianoff , Iassena Stratieva
- Applicant: Thomas Kelly , Nicholas M. Kiefer , Michael Lukianoff , Iassena Stratieva
- Applicant Address: US FL Tampa
- Assignee: Revenue Management Solutions, Inc.
- Current Assignee: Revenue Management Solutions, Inc.
- Current Assignee Address: US FL Tampa
- Agency: Baker & Hostetler LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A method of allocating advertising resources uses a database that includes a number of business unit characteristics, one being an average allocation of advertising costs over time. A regression coefficient is produced based on the characteristics, wherein a non-linear specification is used for the average allocation of advertising cost characteristic. An impact indicator is assigned based on the how positive the regression coefficient is so that the effect of each characteristic on sales/profits and quantity sold can be determined.
Public/Granted literature
- US20060010022A1 Method for allocating advertising resources Public/Granted day:2006-01-12
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