Individual online price adjustments in real time
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United States of America Patent
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Apr 14, 2020
Grant Date -
Sep 7, 2017
app pub date -
May 22, 2017
filing date -
Feb 24, 2011
priority date (Note) -
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status (Latency Note)
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Abstract
A method, system and computer program product for adjusting prices for goods and services offered using a computer network. In one embodiment, data relating to goods and services offered over the computer network by a number of entities using the computer network are stored in a database, communications are monitored, using the computer network, to identify an interest of a user, and this interest of the user and the data in the database are used to identify one of the entities to offer a specified product or service to the user. Information is obtained relating to a price for the specified product or service, and this information and the data in the database are used to determine an adjusted price for the specified product or service. In one embodiment, the information the user has about a price for the specified product or service is used to determine the adjusted price.
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