Patents by Inventor Wes Nichols

Wes Nichols 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: 20170186033
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: November 9, 2016
    Publication date: June 29, 2017
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20150356598
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: April 3, 2015
    Publication date: December 10, 2015
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20150356572
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: April 3, 2015
    Publication date: December 10, 2015
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20150294351
    Abstract: In one embodiment a software facility that uses a qualitative description of a subject offering to automatically prescribe both (1) a total budget for marketing and sales resources for a subject offering and (2) an allocation of that total budget over multiple spending categories—also referred to as “activities”—in a manner intended to optimize a business outcome such as profit for the subject offering based on experimentally-obtained econometric data (“the facility”) is provided.
    Type: Application
    Filed: March 16, 2015
    Publication date: October 15, 2015
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20130332223
    Abstract: In some embodiments, a software facility performs a method of automated specification of models, estimation of elasticities, and discovery of drivers using the framework(s) discussed elsewhere herein is provided. The facility first obtains the client, business, and/or brand goals in terms of profit optimization, volume or revenue goals, acquisition of new customers, retention of customers, share of wallet and upsell. In conjunction with these goals, the facility obtains cross-section meta-data related to the planning time horizon, markets, geographies, channels of trade and customer segments. In combination, the goals and meta-data define the structure of the data stack and the number of demand generation equations that are needed.
    Type: Application
    Filed: May 21, 2013
    Publication date: December 12, 2013
    Applicant: MARKETSHARE PARTNERS LLC
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Douglas A. Rae
  • Patent number: 8468045
    Abstract: In some embodiments, a software facility performs a method of automated specification of models, estimation of elasticities, and discovery of drivers using the framework(s) discussed elsewhere herein is provided. The facility first obtains the client, business, and/or brand goals in terms of profit optimization, volume or revenue goals, acquisition of new customers, retention of customers, share of wallet and upsell. In conjunction with these goals, the facility obtains cross-section meta-data related to the planning time horizon, markets, geographies, channels of trade and customer segments. In combination, the goals and meta-data define the structure of the data stack and the number of demand generation equations that are needed.
    Type: Grant
    Filed: July 9, 2012
    Date of Patent: June 18, 2013
    Assignee: Marketshare Partners LLC
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Douglas A. Rae
  • Publication number: 20130035975
    Abstract: A software facility that analyzes consumer interactions with one or more marketing campaigns and the results of those interactions to generate a cross-media or cross-channel attribution model representing the true impact of marketing resource allocation decisions is provided. The facility collects, from a plurality of sources, information representing consumer interactions with marketing campaigns and any results of those interactions. The facility aggregates the information to assess or determine the behavior of consumers with respect to different marketing campaigns and marketing channels. The facility analyzes the information according to varying depths or levels of channel granularity to generate models representative of the true impact of resources allocated to each channel or sub-channel on the performance or effectiveness of the marketing campaign. The facility or other processes may use the generated models to inform future marketing resource allocation decisions.
    Type: Application
    Filed: August 5, 2011
    Publication date: February 7, 2013
    Inventors: David Cavander, Dominique Hanssens, Satya Ramachandran, Anupam Singh, Amit Paunikar, Jon Vein, Wes Nichols, Peter Kamvysselis
  • Publication number: 20120316920
    Abstract: In some embodiments, a software facility performs a method of automated specification of models, estimation of elasticities, and discovery of drivers using the framework(s) discussed elsewhere herein is provided. The facility first obtains the client, business, and/or brand goals in terms of profit optimization, volume or revenue goals, acquisition of new customers, retention of customers, share of wallet and upsell. In conjunction with these goals, the facility obtains cross-section meta-data related to the planning time horizon, markets, geographies, channels of trade and customer segments. In combination, the goals and meta-data define the structure of the data stack and the number of demand generation equations that are needed.
    Type: Application
    Filed: July 9, 2012
    Publication date: December 13, 2012
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Douglas A. Rae
  • Patent number: 8244571
    Abstract: In some embodiments, a software facility performs a method of automated specification of models, estimation of elasticities, and discovery of drivers using the framework(s) discussed elsewhere herein is provided. The facility first obtains the client, business, and/or brand goals in terms of profit optimization, volume or revenue goals, acquisition of new customers, retention of customers, share of wallet and upsell. In conjunction with these goals, the facility obtains cross-section meta-data related to the planning time horizon, markets, geographies, channels of trade and customer segments. In combination, the goals and meta-data define the structure of the data stack and the number of demand generation equations that are needed.
    Type: Grant
    Filed: October 30, 2009
    Date of Patent: August 14, 2012
    Assignee: Marketshare Partners LLC
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Douglas A. Rae
  • Publication number: 20110010211
    Abstract: In one embodiment, a computer-readable medium is provided for performing a method for automatically prescribing a budget for sales expenses including, determining lift factors for sales expenses and other promotion activities, establishing a relationship between the determined lift factors, budgets for the promotion activities to which the lift factors correspond, and a projected value of the distinguished business outcome; and using the established relationship to solve for a value of the sales expenses budget that tends to optimize the projected value of the distinguished business outcome in accordance with the selected optimization.
    Type: Application
    Filed: August 14, 2009
    Publication date: January 13, 2011
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20100145793
    Abstract: In some embodiments, a software facility performs a method of automated specification of models, estimation of elasticities, and discovery of drivers using the framework(s) discussed elsewhere herein is provided. The facility first obtains the client, business, and/or brand goals in terms of profit optimization, volume or revenue goals, acquisition of new customers, retention of customers, share of wallet and upsell. In conjunction with these goals, the facility obtains cross-section meta-data related to the planning time horizon, markets, geographies, channels of trade and customer segments. In combination, the goals and meta-data define the structure of the data stack and the number of demand generation equations that are needed.
    Type: Application
    Filed: October 30, 2009
    Publication date: June 10, 2010
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Douglas A. Rae
  • Publication number: 20100042477
    Abstract: A facility for automatically determining a recommended price for an entertainment event ticket is described. The facility determines a first group of attributes of the entertainment event ticket. For each of a second group of attributes selected from the determined first group of attributes, the facility applies to the attribute a lift factor determined for the attribute to obtain a quantitative measure of the effect of the attribute. The facility then combines the obtained quantitative measures of attribute effects to obtain a recommended price for the entertainment event ticket.
    Type: Application
    Filed: August 17, 2009
    Publication date: February 18, 2010
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens, Bret Leece, Douglas Rae, Jack Yang
  • Publication number: 20100036700
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: August 6, 2008
    Publication date: February 11, 2010
    Applicant: MarketShare Partners LLC
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20100036722
    Abstract: In one embodiment, a software facility is provided that uses a qualitative description of a subject offering to automatically prescribe both (1) a total budget for marketing and sales resources for a subject offering and (2) an allocation of that total budget over multiple spending categories—also referred to as “activities”—in a manner intended to optimize a business outcome such as profit for the subject offering based on experimentally-obtained econometric data.
    Type: Application
    Filed: August 7, 2009
    Publication date: February 11, 2010
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20090216597
    Abstract: In one embodiment a software facility that uses a qualitative description of a subject offering to automatically prescribe both (1) a total budget for marketing and sales resources for a subject offering and (2) an allocation of that total budget over multiple spending categories—also referred to as “activities”—in a manner intended to optimize a business outcome such as profit for the subject offering based on experimentally-obtained econometric data (“the facility”) is provided.
    Type: Application
    Filed: February 20, 2009
    Publication date: August 27, 2009
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20090144117
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: November 29, 2008
    Publication date: June 4, 2009
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens
  • Publication number: 20080235073
    Abstract: A facility for automatically prescribing, for a distinguished offering, an allocation of resources to a total marketing budget and/or individual marketing activities is described.
    Type: Application
    Filed: March 19, 2008
    Publication date: September 25, 2008
    Inventors: David Cavander, Wes Nichols, Jon Vein, Dominique Hanssens