NOMINATION ENGINE
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United States of America Patent
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N/A
Issued Date -
Apr 18, 2013
app pub date -
Oct 5, 2012
filing date -
Oct 5, 2011
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system and method for nominating candidate enterprises for inclusion in a competitive set assembled for the purpose of competitively analyzing a subject enterprise. Characteristics of the subject enterprise in which the subject enterprise is comparable to a plurality of candidate enterprises are identified. The characteristics may include location, size of the physical presence, a dollar volume of revenue, classification of the business engaged, market share, average purchase size; of the subject purchase frequency of customers; size of customer base; demographic characteristics of the customer base, location of customers, degree of customer loyalty, and share of the customer's wallet. A list candidate enterprises is compiled based upon a predetermined degree of similarity between the subject enterprise and/or an identified competitor enterprise on the one hand, and the candidate enterprise on the other. A plurality of nominee enterprises are selected from the list of candidates to populate the competitive set.
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