Dynamic pricing system
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United States of America Patent
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app pub date -
Feb 25, 2005
filing date -
Feb 27, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system for dynamically pricing shelved products in a physical store and/or products available for order in a virtual store. The system dynamically sends prices for a product to a price display unit positioned near the product, and receives reports of sale for the product from a checkout station. Based on the data in the reports, and the timing of the reports, the system dynamically determines the price for the product. For products available for order, the system presents the dynamic prices for the product on a terminal, and receives reports of sale from the terminal.
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