Retail system for selling products based on a flexible product description
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United States of America Patent
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Sep 5, 2017
Issued Date -
N/A
app pub date -
Nov 2, 2015
filing date -
Jul 8, 1997
priority date (Note) -
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Abstract
According to one described embodiment, a method is provided in which transaction information is determined. The transaction information is associated with (i) a buyer who has arranged to purchase a product from a central controller at a first price established between the buyer and the central controller and (ii) a merchant that offers the product for sale at a second price, different from the first price, without offering the product for sale to buyers at the first price. Information is transmitted that facilitates the acquisition of the product by the buyer, in exchange for payment provided by the buyer to the central controller. An amount based on the second price is provided to the merchant.
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