10032180 cites 125 patents.

Provided herein are systems, methods and computer readable media for managing a sales pipeline, and in some embodiments, generating demand based on real time demand and predicted demand. An example method comprises generating a virtual promotion, wherein the virtual promotion comprises a combination of a category or sub-category, a location, and a price range, calculating a probability that a particular consumer would buy the virtual offer in a predetermined time period, wherein the probability is generated at least based on historical data related to the particular consumer and one or more related consumers, determining an estimated number of units to be sold for the virtual offer as a function of at least the probability, the estimated number of units representing a predicted demand, calculating a real time demand, wherein the real time demand is generated based on a plurality of generated identification pairs for the predetermined time period, and determining, using a processor, total demand by summing the predicted demand and the real time demand.

Title
Method, apparatus, and computer program product for forecasting demand using real time demand
Application Number
14/316245
Publication Number
10032180 (B1)
Application Date
June 26, 2014
Publication Date
July 24, 2018
Inventor
Derek Nordquist
Chicago
IL, US
Shafiq Shariff
Chicago
IL, US
Agent
Alston & Bird
Assignee
Groupon
IL, US
IPC
G06F 17/18
G06Q 30/02
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