The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 13, 2018
Filed:
Jan. 13, 2015
Square, Inc., San Francisco, CA (US);
Caroline Hollis, San Francisco, CA (US);
Amir Nathoo, San Francisco, CA (US);
James Colin Brady, San Francisco, CA (US);
Connor H. Dunn, San Francisco, CA (US);
Square, Inc., San Francisco, CA (US);
Abstract
A salesperson may be paid commissions for products sold from the inventory of a merchant. In some examples, the commissions for different products may be determined and changed dynamically, throughout the course of a business day, in response to changing sales rates and inventory conditions. Specifically, commissions may be changed to increase the sales rates of certain products over others. As an example, it may be desired to increase the sales rates of products having relatively high inventory counts and/or that are nearing the expiration of their shelf lives. The changing commission amounts are published or advertised to the salespersons throughout the day so that the salespersons can see which products will produce the highest commissions. The commissions may be paid electronically, immediately or soon after the transactions in which the commissions were earned.