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. 01, 2011
Filed:
Sep. 17, 2003
Gus Lopez, Seattle, WA (US);
Joel R. Spiegel, Woodinville, WA (US);
Gus Lopez, Seattle, WA (US);
Joel R. Spiegel, Woodinville, WA (US);
Amazon Technologies, Inc., Reno, NV (US);
Abstract
A method and system for generating transaction price data relating to electronic commerce. In one embodiment, the system classifies items based on an item classification hierarchy. Each item classification in the hierarchy may have associated item-specific attributes. When a commercial transaction relating to an item is conducted, the item is identified based on its item classification and values for the associated item-specific attributes. The system records information relating to commercial transactions for items that have been so identified and uses those records to generate transaction price data. For example, the system may evaluate commercial transactions relating to a fixed-price sales or auctions to a suggest the fair market value of the item. When generating transaction price data, the system may allow the user to specify an item classification along with values of its attributes. The system identifies records of commercial transactions relating to items with that item classification and with matching attribute values and bases the transaction price data on those identified records.