Apparatus and method for automatic self-adapting control of sales and adjustment of prices to market movements in an automatic vending machine

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6012834
SERIAL NO

08982796

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A description is given of an electronic auction machine, which reacts to changing sales conditions with appropriately adjusted machine prices. For existing automatic vending machines restocking is based upon very vague experience figures and in particular customary fluctuations in sales are not taken into consideration. With the proposed machine, using a computer current market data are recorded (31) and using these data the current market situation is automatically assessed (32,34). A corresponding updated machine price (33,35) is then displayed.

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Patent Owner(s)

  • EBAY INC.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Dueck, Gunter Neckargemund, DE 7 148
Jager, Jurgen Leverkusen, DE 5 113
Stamm-Wilbrandt, Hermann Nekarsteinach, DE 10 590
Wallmeier, Hans-Martin Leimen, DE 3 82

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