DYNAMIC VEHICLE PRICING SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT THEREFOR

摘要

Embodiments provide consumers browsing and shopping online for durable goods such as new vehicles with pricing information for user-specified vehicle configurations based at least in part on dynamic, user-centric local regions that can be any shape. A local region may initially center around or start from user-provided geo-specific information and be refined using criteria such as distance, demographics, buying behaviors, etc. The system can leverage data from the finest level of granularity available and dynamically determine multiple, potentially overlapping, local regions which can be user-specific, product-specific, or both. A pricing model may incorporate the data within a dynamic local region thus determined. The parameters of the pricing model may be weighted utilizing a weighting function that can be dynamically adapted to individual users as well as specific vehicles. The pricing model may provide for pricing information that is not limited or constrained by standard administrative or political boundaries.

主权项

1. A method for providing local pricing information on a user-specified vehicle configuration, comprising:
receiving, via a network site by a vehicle data system having a processor and a memory, a request from a user for pricing information on the user-specified vehicle configuration, the request including geo-specific information identifying a user locale; dynamically computing, by the vehicle data system in a frontend process, a local region for the user-specified vehicle configuration and the user locale based at least in part on actual historical transactions that are similar to the user-specified vehicle configuration, the user, the user locale, or a combination thereof; determining the local pricing information for the user-specified vehicle configuration in the dynamically computed local region; and presenting the local pricing information for the user-specified vehicle configuration to the user via the network site in response to the request from the user.