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. 20, 2024
Filed:
May. 24, 2022
James Mead, Las Vegas, NV (US);
Pennie Mead, Las Vegas, NV (US);
James Mead, Las Vegas, NV (US);
Pennie Mead, Las Vegas, NV (US);
Abstract
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.