Methods and systems for managing price and inventory adjustments

A computer-implemented method for determining an adjusted price for an item offered for sale, comprising:

• providing pricing data for the item;
• providing non-pricing data for the item, the non-pricing data comprising inventory data;
• classifying the item as an image item when the adjusted price is to be determined without regard to profitability;
• classifying the item as a non-image item when the adjusted price is to be determined with regard to profitability;
• and
• automatically determining the adjusted price for the item using the pricing data and the non-pricing data, the adjusted price being unconstrained relative to a cost of the item when the item is an image item, and the adjusted price being constrained to be greater than the cost when the item is a non-image item.

A computer-implemented method for determining a respective adjusted price for a first item and a second item offered for sale in a network based environment, comprising:

• classifying the first item as an image item when the respective adjusted price is to be determined without regard to profitability;
• classifying the second item as a non-image item when the respective adjusted price is to be determined with regard to profitability;
• providing a respective pricing strategy for the respective item, the pricing strategy for the image item being unconstrained by a cost associated with the item, and the pricing strategy for the non-image item being constrained by the cost and a minimum profitability threshold;
• providing respective pricing data for the first item and the second item;
• and
• automatically determining the respective adjusted price for the first item and the second item using the respective pricing strategy and the respective pricing data.

A system for determining an adjusted price for an item offered for sale, the system comprising:

• at least one data store for storing pricing and non-pricing data about an item;
• a computing device in communication with said data store that is configured to:
• classify the item as an image item when the adjusted price is to be determined without regard to profitability;
• classify the item as a non-image item when the adjusted price is to be determined with regard to profitability;
• determine a pricing strategy for the item based on whether the item is an image item or non-image item, the pricing strategy for the image item being unconstrained by a cost associated with the item, and the pricing strategy for the non-image item being constrained by the cost and a minimum profitability threshold;
• and
• automatically determine the adjusted price for the item using the pricing strategy, the pricing data and the non-pricing data.

A computer-readable medium containing computer executable code for determining an adjusted price for an item offered for sale, wherein the computer executable code when executed by a computing apparatus causes the computing apparatus to:

• provide pricing data for the item;
• provide non-pricing data for the item;
• classifying the item as an image item when the adjusted price is to be determined without regard to profitability;
• classifying the item as a non-image item when the adjusted price is to be determined with regard to profitability;
• and
• automatically determine the adjusted price for the item using the pricing data and the non-pricing data, the adjusted price being unconstrained relative to a cost of the item when the item is an image item, and the adjusted price being constrained to be greater than the cost when the item is a non-image item.

A system, comprising

• at least one computing device;
• and
• a price adjusting engine executable in the at least one computing device, the price adjusting engine comprising:
• logic that obtains internal pricing data associated with an item being offered for sale in an electronic marketplace by a proprietor of the electronic marketplace and by at least one other seller in the electronic marketplace, the proprietor obtaining a respective commission when the item is sold by the at least one other seller;
• logic that obtains external pricing data associated with the item being offered for sale by at least one competitor;
• logic that obtains cost data associated with a cost of the item for the proprietor;
• and
• logic that generates an adjusted price for the item for the proprietor based at least in part on the internal pricing data, the external pricing data, the cost data, and the respective commission.