Method and system for price suggesting using item-specific attributes
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United States of America Patent
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Apr 16, 2013
Grant Date -
N/A
app pub date -
Oct 28, 2011
filing date -
Jun 25, 1999
priority date (Note) -
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Abstract
A method and system for generating transaction price data relating to electronic commerce. In one embodiment, the system classifies items based on an item classification hierarchy. Each item classification in the hierarchy may have associated item-specific attributes. When a commercial transaction relating to an item is conducted, the item is identified based on its item classification and values for the associated item-specific attributes. The system records information relating to commercial transactions for items that have been so identified and uses those records to generate transaction price data. When generating transaction price data, the system may allow the user to specify an item classification along with values of its attributes. The system identifies records of commercial transactions relating to items with that item classification and with matching attribute values and bases the transaction price data on those identified records.
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