Company Filing History:
Years Active: 2013
Title: The Innovative Mind of Paul D. Ohlhaut
Introduction: Paul D. Ohlhaut, a prominent inventor based in Seattle, Washington, has made a significant contribution to the field of price optimization through his innovative approach. With one patent to his name, Ohlhaut's work exemplifies the intersection of technology and marketplace dynamics.
Latest Patents: Paul D. Ohlhaut holds a patent titled "Price Optimization Using Current Offers". This invention discloses various embodiments for optimizing prices of items by analyzing current offers from a subset of sellers within an electronic marketplace. Each seller in this subset is associated with a reputational score that must meet a minimum threshold. The competitive price is determined based on an average marketplace price derived from these current offers, showcasing a strategic approach to pricing in a digital landscape.
Career Highlights: Ohlhaut's career is marked by his role at Amazon Technologies, Inc., where he utilizes his expertise to enhance pricing strategies and improve consumer experiences. His innovative contributions have helped shape pricing algorithms that are essential for the competitiveness of products in the rapidly evolving e-commerce market.
Collaborations: Throughout his time at Amazon Technologies, Ohlhaut has collaborated with esteemed colleagues such as Faisal Masud and Stacy Saal. These collaborations have likely amplified the impact of his work on pricing optimization, fostering a creative environment conducive to innovation and problem-solving.
Conclusion: Paul D. Ohlhaut is an exemplary figure in the realm of innovation with a focused dedication to price optimization within electronic marketplaces. His patent serves as a testament to his forward-thinking approach and commitment to enhancing the functionalities of online selling platforms, making significant strides in the technology sector.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.