Limited inventory offered for sale at iteratively adjusted pricing

Limited inventory offered for sale at iteratively adjusted pricing

Limited inventory is offered for sale at iteratively adjusted pricing. An item of an inventory is offered for sale to a consumer at a current sale price in a network-enabled auction. The current sale price for the item is iteratively adjusted based upon pre-defined criteria, such as an amount of inv...

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Bibliographische Detailangaben
1. Verfasser: TOBIN CHRISTOPHER M
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Limited inventory is offered for sale at iteratively adjusted pricing. An item of an inventory is offered for sale to a consumer at a current sale price in a network-enabled auction. The current sale price for the item is iteratively adjusted based upon pre-defined criteria, such as an amount of inventory remaining or an elapsed time that the item has been offered. A bid on the item is received from the consumer at the current sale price.