Patents by Inventor Alex Wohlhueter

Alex Wohlhueter has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method for site selection for retail and restaurant chains
    Patent number: 8055547
    Abstract: A method of selecting a site for one or more retail units uses a database of information on existing units in a chain, including store sales or profits, site characteristics available from various databases, and information on marketing expenditure in the relevant market. Sales of potential new units are forecast abstracting from advertising efforts. Thus, potential profit characteristics of a site can be evaluated without regard to existing advertising programs. This corrects a major problem with existing approaches; site decisions can be made simultaneously with marketing allocation decisions.
    Type: Grant
    Filed: October 26, 2004
    Date of Patent: November 8, 2011
    Assignee: Revenue Management Solutions, Inc.
    Inventors: Thomas Kelly, Nicholas M. Kiefer, Michael Lukianoff, Alex Wohlhueter, Iassena Stratieva
  • Method for determining retail unit specific price sensitivities
    Patent number: 7321865
    Abstract: A method of determining a price sensitivity index for one or more retail units is based on the relation between profits, sales or traffic and a fixed weight price index based on information from individual retail units. Statistical regression and the theory of the single-product firm is used to analyze the relation between changes in performance variables and changes in the price index, leading to a unit-specific index of sensitivity. This information allows stores to be sorted into those which can see price aggression, those which cannot, and those which are likely to respond to promotions.
    Type: Grant
    Filed: October 26, 2004
    Date of Patent: January 22, 2008
    Assignee: Revenue Management Solutions, Inc.
    Inventors: Thomas Kelly, Nicholas M. Kiefer, Alex Wohlhueter
  • Method for site selection for retail and restaurant chains
    Publication number: 20060009998
    Abstract: A method of selecting a site for one or more retail units uses a database of information on existing units in a chain, including store sales or profits, site characteristics available from various databases, and information on marketing expenditure in the relevant market. Sales of potential new units are forecast abstracting from advertising efforts. Thus, potential profit characteristics of a site can be evaluated without regard to existing advertising programs. This corrects a major problem with existing approaches; site decisions can be made simultaneously with marketing allocation decisions.
    Type: Application
    Filed: October 26, 2004
    Publication date: January 12, 2006
    Inventors: Thomas Kelly, Nicholas Kiefer, Michael Lukianoff, Alex Wohlhueter, Iassena Stratieva
  • Method for determining retail unit specific price sensitivities
    Publication number: 20050060223
    Abstract: A method of determining a price sensitivity index for one or more retail units is based on the relation between profits, sales or traffic and a fixed weight price index based on information from individual retail units. Statistical regression and the theory of the single-product firm is used to analyze the relation between changes in performance variables and changes in the price index, leading to a unit-specific index of sensitivity. This information allows stores to be sorted into those which can see price aggression, those which cannot, and those which are likely to respond to promotions.
    Type: Application
    Filed: October 26, 2004
    Publication date: March 17, 2005
    Inventors: Thomas Kelly, Nicholas Kiefer, Alex Wohlhueter