Introduction: Gary A. Magnuson is an accomplished inventor based in Corpus Christi, Texas, who has made significant contributions to the field of retail pricing through his innovative patents. With a total of eight patents to his name, Magnuson has demonstrated a keen ability to develop systems and methods that enhance the consumer purchasing experience while also providing valuable data analysis.

Latest Patents: Among Magnuson’s most recent inventions are two noteworthy patents. The first patent is titled "System and method of determining a retail commodity price within a geographic boundary." This invention outlines a comprehensive method for determining retail prices for commodities within specific geographic areas. By aggregating prices from various sources—such as observers, transactional data, and self-reports—it enables companies to arrive at a composite retail price. The invention also incorporates an analysis of risk factors and volume proxies, ensuring accuracy in retail pricing over a defined geographic boundary.

His second patent, "Method and system for providing price protection related to the purchase of a commodity," focuses on offering price protection programs to consumers. This program aims to establish a fair price for commodities at the time of purchase, providing an incentive for consumers to engage with specific employers while also enhancing their purchasing experience.

Career Highlights: Gary A. Magnuson serves as an innovator at Pricelock, Inc., a company where his projects focus on price determination and protection systems. Magnuson’s expertise and forward-thinking approach have significantly impacted how consumers and businesses interact in the retail marketplace.

Collaborations: Throughout his career, Magnuson has had the privilege of collaborating with talented colleagues such as Robert M. Fell and Scott Painter. These collaborations have fostered an environment of innovation and creativity, allowing them to collectively work on enhancing various aspects of retail pricing solutions.

Conclusion: Gary A. Magnuson continues to push the boundaries of innovation in retail pricing, showcasing a deep understanding of market dynamics and consumer behavior. His contributions through multiple patents highlight his expertise and commitment to improving the consumer purchasing experience in today’s competitive retail landscape.

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