Patent ID: 8775309

Claim:
A method comprising: receiving billing data of a prospective customer at a processor, wherein the billing data reflects service usage during a monthly period of a year, and the service usage results from utilization of a service in a geographical location by the prospective customer; converting, by the processor, a monthly bill amount of the billing data into an annualized bill amount using a statistically-determined multiplier, wherein the statistically-determined multiplier is statistically determined from location-specific billing data of a plurality of existing customers in the geographical location, and the statistically-determined multiplier is statistically determined by comparing a relative bill amount paid by the plurality of existing customers for the service usage in the monthly period, and a relative annual bill amount paid by the plurality of existing customers for the service usage in the year, and the converting comprises multiplying the monthly bill amount by the statistically-determined multiplier; and generating, by the processor, a competitive bid for the prospective customer, wherein the competitive bid is based on the annualized bill amount.