公开(公告)号：US20240338721A1

公开(公告)日：2024-10-10

申请号：US18132190

申请日：2023-04-07

申请人： Walmart Apollo, LLC

发明人： Huidong Zhang ,  Akshit Sarpal ,  Elliot Grenn Silva ,  Fangjing Fu ,  Fangping Huang ,  Yang Song ,  Weihang Ren ,  Lijie Wan

IPC分类号： G06Q30/0201

CPC分类号： G06Q30/0206

摘要： Systems and methods for dynamically and automatically updating item prices on e-commerce platform are disclosed. In some embodiments, an item is offered for purchase with a current price on a website. When price elasticity data and predicted demand data for the item are both available, a first markdown price is generated for the item using a first model based on: the price elasticity data, the predicted demand data, and the current price. When the price elasticity data and the predicted demand data are not both available, a second markdown price is generated for the item using a second model based on: a decay rate, the current price, and availability of the predicted demand data. A bounded price is generated by applying an upper bound and a lower bound to either the first markdown price or the second markdown price; and transmitted to a computing device for updating the current price of the item on the website.