Dynamic pricing system and method
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United States of America Patent
Stats
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Nov 18, 2008
Grant Date -
Sep 27, 2007
app pub date -
Mar 29, 2002
filing date -
Mar 29, 2002
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Abstract
A dynamic pricing system and method that enables prices for sellable objects to be dynamically adjusted using pricing factors corresponding to attributes of the sellable objects. Product administrators are enabled to define sellable products and extended attributes for the products, while pricing administrators are enabled to define price lists for the sellable products and extended attributes. Sales representatives build sellable objects, such as quotes, orders, shopping carts, etc, by adding products that customers would like to purchase to the sellable object. Additionally, extended attributes may be selected for all or a portion of the products. Using Static Pricing, an initial or static price is determined for the sellable objects. The static price may then be dynamically adjusted prior to or at the point of a sales transaction or offer using pricing factors corresponding to combinations of various attributes of the sellable object and/or products from which it is built.
First Claim
Family
- 15 United States
- 10 France
- 8 Japan
- 7 China
- 5 Korea
- 2 Other
Patent Owner(s)
- ORACLE AMERICA, INC.
International Classification(s)
Inventor(s)
Inventor Name | Address | # of filed Patents | Total Citations |
---|---|---|---|
Govil, Piyush | Redwood City, CA | 4 | 67 |
Hsu, Karen | Howard, CA | 7 | 247 |
Li, Michael Zhen Hao | San Francisco, CA | 1 | 14 |
Nicholson, Catheryne M | San Carlos, CA | 2 | 63 |
Ra, Do Joon | Mountain View, CA | 10 | 248 |
Tan, Yan | Foster City, CA | 22 | 108 |
Yu, Jai-Jein | Fremont, CA | 4 | 2123 |
Yu, Michael Tsunghsi | San Jose, CA | 3 | 2626 |
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Fee | Large entity fee | small entity fee | micro entity fee |
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Surcharge after expiration - Late payment is unavoidable | $700.00 | $350.00 | $175.00 |
Surcharge after expiration - Late payment is unintentional | $1,640.00 | $820.00 | $410.00 |
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