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:
Dec. 11, 2012
Filed:
Feb. 01, 2010
Stephen A. Sprigg, Poway, CA (US);
Richard W. Gardner, Rancho Santa Fe, CA (US);
Mahesh Moorthy, Andhra Pradesh, IN;
Scott Papineau, San Diego, CA (US);
Samuel Jacob Horodezky, San Diego, CA (US);
Stephen A. Sprigg, Poway, CA (US);
Richard W. Gardner, Rancho Santa Fe, CA (US);
Mahesh Moorthy, Andhra Pradesh, IN;
Scott Papineau, San Diego, CA (US);
Samuel Jacob Horodezky, San Diego, CA (US);
QUALCOMM Incorporated, San Diego, CA (US);
Abstract
A system and method for determining the identity of a product and then calculating an offer price for the product are disclosed. The identity of the product may be determined using near-field communication in one aspect. The system and method are operable to enable retailers to provide a lowest price for the product and conduct a series of offer calculations to determine an offer for a consumer. The offer is based, in part, on costs to the consumer in executing the transaction (e.g., travel time, fuel, etc.). The offer may be higher than the lowest price as determined by each retailer, respectively, while still providing a discount to the consumer to entice a purchase of the product.