Groupon. has filed a patent for a computer system that generates geographic zone information for consumers based on their location. The method involves identifying zones, assigning importance scores, and storing the data. The patent claims have been canceled. GlobalData’s report on Groupon gives a 360-degree view of the company including its patenting strategy. Buy the report here.
According to GlobalData’s company profile on Groupon, Dynamic premium pricing was a key innovation area identified from patents. Groupon's grant share as of January 2024 was 68%. Grant share is based on the ratio of number of grants to total number of patents.
Geographic zone information generation for consumers
The patent application (Publication Number: US20240029140A1) describes an apparatus and method for programmatically generating a consumer geographic profile. The apparatus includes at least one processor and memory with computer program code to receive identification of a geographic location associated with a consumer, identify geographic zones, generate importance scores, calculate overlap scores, and store the data. The method involves receiving geographic location data, identifying zones, generating importance scores, calculating overlap scores, and storing the information. The system also discards redundant location data within a predetermined range and generates confidence scores based on weighted importance values.
Furthermore, the apparatus and method involve factors such as verification status, frequency of consumer presence, and address status to generate importance scores. The system can also count the number of times a consumer is present in a specific geographic zone and store this information. Additionally, the method includes generating geographic zones using hash values of latitude and longitude coordinates and establishing associations between different zones to calculate cross-zone importance scores. The computer program product includes instructions for executing these processes, generating confidence scores, discarding redundant location data, and storing relevant information for consumer geographic profiling. Overall, the patent application outlines a comprehensive system and method for creating detailed consumer geographic profiles based on various factors and calculations.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
