Patents by Inventor Victor Dave Choi

Victor Dave Choi 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).

  • Publication number: 20240119395
    Abstract: Lead to recognition time delay data, leads and sales data, and lead distance data for leads arriving at a system within a time range can be used to determine a time variable close rate and a distance adjustment thereof which, in turn, can be used to generate a predicted close rate for each lead. Using the predicted close rate for each lead, an address drive distance for each lead, and dealer-level discount information, a logistic regression model can be trained to generate a score for each combination of a dealer, make, and zip code. Each score indicates a probability of closing a sale between a lead in the zip code and the dealer in the combination. Scores thus generated can be used by a computing facility in recommending dealers to a consumer in the zip code who has expressed an interest in purchasing a vehicle of the same make.
    Type: Application
    Filed: September 13, 2023
    Publication date: April 11, 2024
    Inventors: Sharat Nair, Jake Swartz, Victor Dave Choi, Zheng Li
  • Patent number: 11803800
    Abstract: Lead to recognition time delay data, leads and sales data, and lead distance data for leads arriving at a system within a time range can be used to determine a time variable close rate and a distance adjustment thereof which, in turn, can be used to generate a predicted close rate for each lead. Using the predicted close rate for each lead, an address drive distance for each lead, and dealer-level discount information, a logistic regression model can be trained to generate a score for each combination of a dealer, make, and zip code. Each score indicates a probability of closing a sale between a lead in the zip code and the dealer in the combination. Scores thus generated can be used by a computing facility in recommending dealers to a consumer in the zip code who has expressed an interest in purchasing a vehicle of the same make.
    Type: Grant
    Filed: November 1, 2021
    Date of Patent: October 31, 2023
    Assignee: TrueCar, Inc.
    Inventors: Sharat Nair, Jake Swartz, Victor Dave Choi, Zheng Li
  • Publication number: 20220138660
    Abstract: Lead to recognition time delay data, leads and sales data, and lead distance data for leads arriving at a system within a time range can be used to determine a time variable close rate and a distance adjustment thereof which, in turn, can be used to generate a predicted close rate for each lead. Using the predicted close rate for each lead, an address drive distance for each lead, and dealer-level discount information, a logistic regression model can be trained to generate a score for each combination of a dealer, make, and zip code. Each score indicates a probability of closing a sale between a lead in the zip code and the dealer in the combination. Scores thus generated can be used by a computing facility in recommending dealers to a consumer in the zip code who has expressed an interest in purchasing a vehicle of the same make.
    Type: Application
    Filed: November 1, 2021
    Publication date: May 5, 2022
    Inventors: Sharat Nair, Jake Swartz, Victor Dave Choi, Zheng Li