Groupon, Inc.
Method, apparatus, and computer program product for merchant classification
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Abstract:
Embodiments of the present invention provide methods, systems, apparatuses, and computer program products for classifying merchants. In one embodiment a method is provided comprising determining, based on a first value, a first prediction value that indicates a programmatically expected number of consumers that will request termination of an accepted first promotion; and determining, based on the first prediction value, a classification for the first entity, the classification specifying a likelihood that the transmittal of the first promotion to consumers will result in a number of terminations less than a pre-specified threshold.
Status:
Grant
Type:
Utility
Filling date:
24 Jun 2016
Issue date:
23 Nov 2021