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:
Feb. 05, 2019
Filed:
Dec. 18, 2017
Julian Van Erlach, St. James, NY (US);
Julian Van Erlach, St. James, NY (US);
Other;
Abstract
A method and associated e-commerce system for dynamically repricing an online subscription automatically identify a competing offer that offers a product that is equivalent to a subscribed product. If the competing offer offers a quantity of the equivalent product that is different from a quantity specified by the subscription, or if the competing offer is effective during a period of time that differs from a replenishment period of the subscription, the system automatically reconciles the differences and compares the resulting unit cost of the subscription product to the unit cost of the competing offer product. The system then determines whether it would be more beneficial to the subscriber to reprice a certain number of units of the subscription or to reprice the subscription for a certain period of time, and raises or lowers the price of the subscription accordingly as a function of this determination.