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Pennie Mead

James B Mead

Gustavo Manuel Damil Marin

A system and method for operating a bundle-type checkout system incorporating subscription tiers, comprising an offer manager that receives price offer values from consumers, a discount optimization manager that calculates a least acceptable offer value based on offer pattern data associated to each product identifier of the bundle, calculates a total available discount for the bundle based on the least acceptable offer value and retail prices of each product identifier of the bundle, calculates price discount thresholds and compares price discount values to offer values to calculate price discounts and determines acceptability of the price offer values, and weighted discount distribution among subscription tiers to calculate a final price for each product identifier.

System and method for intelligent discount distribution based on subscriber tier

A system and method for operating a bundle-type checkout system incorporating subscription tiers, comprising a subscription manager that assigns subscription tiers to merchants, an offer manager that receives price offers from consumers and analyzes offers to compute bundle offers, a threshold calculator that calculates price discount thresholds and compares price discount values to offer values, and a discount optimization manager that calculates price discounts and determines acceptability of price offers, and a system and method for weighted discount distribution among subscription tiers.

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Las Vegas, NV, United States of America

Pennie Mead