System and method for dynamic price setting and facilitation of commercial transactions
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United States of America Patent
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Mar 19, 2013
Grant Date -
Feb 19, 2009
app pub date -
Jul 22, 2008
filing date -
Feb 4, 2000
priority date (Note) -
Expired
status (Latency Note)
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Abstract
The present invention provides methods and systems for defining commercial transaction components; defining rules for mapping customer transactions into individual components; market segmentation in light of these individual definitions and bundling individual components of an offer into optimized packages for presentation and sale. A data processing system in accordance with one embodiment of the present invention, examines the commercial behavior of enrolled customers, breaks each of the constituent transactions into purchases of atom-level components; catalogues those components; extracts demographic information from said transactions and other sources; facilitates demographic studies of groups of such customers; optimizes offerings to such groups; and facilitates the consummation of those offers of sale. The processing system may also facilitate customers fiscal management through the communication of data necessary to practice the instant invention.
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