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:
Jan. 27, 2009
Filed:
Aug. 16, 2004
Harald Fees, Ottweiler, DE;
Thomas Veit, Kirchheimbolanden, DE;
Ines Wannemacher, Saarbrucken, DE;
Susanne Ziehl, Blieskastel, DE;
Harald Fees, Ottweiler, DE;
Thomas Veit, Kirchheimbolanden, DE;
Ines Wannemacher, Saarbrucken, DE;
Susanne Ziehl, Blieskastel, DE;
SAP Aktiengesellschaft, Walldorf, DE;
Abstract
The present invention discloses a method, program product and system for controlling pricing using a markdown profile, where the method of the present invention includes: selecting a markdown profile based on an attribute of a product to be used for the sale of that product; selecting a retail price for the product; acquiring updated sales data regarding the product; and determining a markdown to be applied to the retail price from the markdown profile using the updated sales data. The method can further include the step of adjusting a retail price of the product by the markdown. The present invention also provides a data structure implementing a markdown profile for determining retail price adjustments for a product, where the data structure includes: an actual sales quota parameter; a posting period parameter arranged perpendicular to the actual sales quota parameter; a plurality of data fields containing markdowns, each data field corresponding to a specific posting period and actual sales quota range and each markdown relating to an amount of adjustment of a retail price for the product; and an attribute field containing product attribute data used to determine the relevance of the markdown profile to the product.