Value sharing method for determining pricing
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United States of America Patent
Stats
-
May 1, 2001
Grant Date -
N/A
app pub date -
Jul 28, 1999
filing date -
Jul 28, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A method for determining the pricing at which a provider will provide and offering of goods and services to a customer. Under the method, at least one area of the customer's business in which using the provider's offering will create economic benefits for the customer is first identified. Next, money values are assigned to the at least one area of the customer's business in which use of the provider's offering will create economic benefits. The money values are then compiled by a computer system into an initial value share. In the next step, it is mathematically determined which portion of the initial value share will constitute the price at which the provider will provide the offering to the customer for an initial interval of time. After calculating the initial value share and after the initial interval of time, a new value share for a current interval is generated based upon a previously calculated value share for an immediately past interval.
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