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:
Aug. 24, 2021
Filed:
Sep. 28, 2019
James Mead, Las Vegas, NV (US);
Pennie Mead, Las Vegas, NV (US);
Gustavo Manuel Damil Marin, Point Roberts, WA (US);
James Mead, Las Vegas, NV (US);
Pennie Mead, Las Vegas, NV (US);
Gustavo Manuel Damil Marin, Point Roberts, WA (US);
Other;
Abstract
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.