Sap Ag

Sap Aktiengeselleschaft

Thomas Roth

Thomas Veit

Susanne Ziehl

Ines Wannemacher

Ruediger Zuerl

A method of and system for defining a sales promotion is disclosed. The method includes receiving a hierarchical listing of items, including a plurality of levels, each level including at least one node. The method also includes selecting a first node to define a first sales promotion, and selecting a second node below the first node to define a second sales promotion, wherein the second sales promotion is more specific than the first sales promotion. The system includes means for receiving a hierarchical listing of items, including a plurality of levels, each level including at least one node. The system also includes means for selecting a first node to define a first sales promotion, and means for selecting a second node below the first node to define a second sales promotion, wherein the second sales promotion is more specific than the first sales promotion.

System and method for defining a sales promotion

A method, program product and system for automated control of pricing of a product or service. The method includes determining an initial price of the product, monitoring actual sales of the product at retail outlets, and adjusting the initial price during a selling season of the product based on the actual sales of the product. The method can further include accepting input from a historical price database, and determining the initial price using historical prices of the product or a similar product. The method can further include repeatedly adjusting a price of the product during a selling season based on the actual sales of the product. The method can further include applying a markdown to the price of the product and using a markdown profile to determine the markdown. The method can further include performing slow seller analysis to determine the markdown. The determination that a product is a slow seller can be made by applying a predetermined rule set to the product.

Method and system for automated control of pricing

The present invention discloses a method, program product and system for controlling pricing of a product or service using a markdown profile. The method includes: selecting a markdown profile to be used for the product or service, selecting a retail price for the product or service, acquiring updated sales data regarding the product or service, determining a markdown to be applied to the price from the markdown profile using updated sales data, and reconciling a markdown budget with the determined markdown to be applied to said price to determine whether the markdown will be applied. The method can further include the step of adjusting a retail price of the product or service by the markdown.

Automated system for generating proposed markdown strategy and tracking results of proposed markdown

The present invention discloses a method, program, product and system for managing the sale of a product. The system can determine if the product is a slow seller, determining a markdown to be applied to a price of the product, reconciling a markdown budget with the determined markdown to be applied to the price to determine whether the markdown will be applied, and adjusting the price of the product by the markdown. The system can also apply manual pricing data and promotion pricing data. The system integrates several tasks required for selling articles and services.

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Norderstedt, Germany

Thomas Roth