Merchant management system for adaptive pricing
AssigneeJet.com, Inc.
InventorsNathan Thomas Faust, Michael Thomas Hanrahan, Marc Eric Lore
Life of this patent
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AssigneeJet.com, Inc.
InventorsNathan Thomas Faust, Michael Thomas Hanrahan, Marc Eric Lore
Estimating the term…
A merchant management system aims to make product sales by multiple merchants more efficient so that the resulting savings can be passed down to consumers. Specifically, the merchant management system evaluates discounts that the consumer may be eligible for (e.g., being within a certain shipping distance, buying multiple units, or waiving the ability to return the item) in order to present the consumer with the lowest price available. Additionally, the merchant management system may price a product in light of other products and pass down any savings that result from purchasing multiple products from the same merchant (e.g., reduced shipping costs for shipping multiple products in the same box).
A computer-implemented method comprising:
A non-transitory computer-readable medium comprising instructions that when executed by a processor cause the processor to perform a method comprising:
Dependencies are inferred from the claim text.