493 results about "Product price" patented technology

A digital point-of-sale system for determining key performance indicators (KPIs) at a point-of-sale includes a product identification unit and a realogram creation unit. The product identification unit is configured to receive a captured image of a product display and to identify products in the captured image by comparing features determined from the captured image to features determined from products templates. The realogram creation unit is configured to create a realogram from the identified products and product templates. A product price KPI unit is configured to identify a product label proximally located to each identified product, and to recognize the product price on each product label. Each product price is compared to a predetermined range of prices to determine whether the product label proximally located to the identified product is a correct product label for the identified product.

Methods, systems, computer program products, and methods of doing business by optimizing a user's shopping and product acquisition experience. A user selects products to be purchased, and an optimized shopping path is automatically computed based upon one or more factors such as product price, merchant location, user preference for particular merchants, and whether a merchant has particular products in inventory. As the user completes acquisition of selected products, the shopping list is preferably revised dynamically. If a product is not in inventory as expected, the shopping path is revised dynamically.

A notification system is coupled to a plurality of message services including a voice mail server, an email server and an information server in an office. Messages left for a user (e.g. voice mail, email, CRM event, etc.) are deposited in folders maintained by the messaging services. The notification system detects additions to the user's folders and when a new message arrives, the notification system sends an alert to a Wireless Access Protocol (WAP) enabled device (e.g. cell phone) configured for the user. The alert includes the total number of messages of each type received for the user, along with an indication of the most recently received message. The notification system may further monitor an information source for new information that may be of interest to the user (e.g. stock or product price quotes), and provide these in the alert notification if certain conditions are met (e.g. stock price exceeds a threshold).

A system and method for aggregating demand is provided. At least one seller may sponsor a deal room to aggregate selling goods / services from a plurality of buyers. The demand aggregation system can include a dashboard for allowing the at least one seller to set up DealRooms, price curves, offers, products, customers, and / or customer groups, for example. The dashboard can include a plurality of wizards for configuring such information. The demand aggregation system can also include seller displays for notifying buyers of changes in prices relative to ship dates and times of order. The demand aggregation system can also include a predictive modeling and reporting function. An algorithm is employed to utilize product information to post a probability chart on a product price point.

A system and method for making an initial product offering of tangible products and services. A price for a product may be determined by calculating an aggregate customer history factor by aggregating customer history factors of potential purchasers in a buying group, calculating a cumulative demand for a product as a function of (i) expected purchase quantities of the product indicated by the potential purchasers in the buying group and (ii) the aggregate customer history factor, and setting a price of the product as a function of the cumulative demand for the buying group. The tangible products and services may be offered at the determined price.

A client application monitors web pages visited by a consumer and determines if the visited web page is product oriented and, if so, then contacts a product server to automatically retrieve and display corresponding product purchasing information if available in product centric database. However, if the web page is not found in the database, it and its product information is added thereto. The database is created by a product information gathering web crawler and a second web product price crawler using the harvested product information to find prices corresponding to the product on unvisited web pages.

A method for setting a price for a product sold online by a subject merchant is provided. The method comprises accessing price information of at least one other merchant of the same product by applying a shopping robot to two or more shopping sites, including at least one price comparison site, with other offerings of the same product by other merchants; accessing pricing rules for the subject merchant that cover sales originating from the comparison site; applying the pricing rules to adjust the current product price at which the subject merchant offers the product on the two or more shopping sites to be more competitive; and responsive to a price adjustment that would reduce the product price so as to violate a specified profitability goal, increasing the shipping charges with which the merchant offers the product with the price adjustment on the two or more shopping sites.

The present invention relates to a method of monitoring, aggregation and presentation of prices listed for products in multiple electronic marketplaces. Specifically, the present invention allows for stock-like monitoring of product prices over a time period and across multiple electronic marketplaces. The resulting display of product price trends provides potential buyers and sellers with insight into the fair value of a product and the power to make their buying or selling decisions.

A method for providing a product is described in which a selection of a product is received from a customer, a game is selected by the customer, the customer provides his credit card number, the customer plays the game and an outcome is determined. If the customer wins, the credit card is charged a game fee, if the customer loses, the credit card is charged the price of the product. In either case, the product is then provided to the customer.

A system for providing supplementary product sales is provided in which a central controller receives a purchase from a card authorization terminal. The purchase includes at least one purchase parameter, such as a customer account identifier, product identifiers for specifying items purchased or product price. The central controller determines a supplementary product to offer that is based on the at least one purchase parameter. A product identifier for specifying the supplementary product is transmitted to the card authorization terminal, where the customer chooses whether to accept the offered supplementary product. The card authorization terminal generates and transmits to the central controller a selection signal indicative of whether the supplementary product is accepted. If the selection signal indicates that the supplementary product is accepted, the central controller adjusts a balance of a financial account in dependence on an adjustment value associated with the supplementary product.

A method, system, computer program product, and device for providing product information, such as, for example, product price comparison information, product reviews, retailer information, retailer reviews, and information about similar products, to a user utilizing a mobile data processing system is provided. In one embodiment, a user, using a product code reader, such as, for example, an RFID reader, reads a product code from a tag, such as, for example, an RFID tag, located proximate to a product. The product code information determined from the product code is transmitted to a server. The server receives the product code information and retrieves the product information from a database. The server then formats the product information into, for example, a web page, and transmits the web page back to the mobile data processing system which receives the web page and presents the web page to the user.

A digital point-of-sale system for determining key performance indicators (KPIs) at a point-of-sale includes a product identification unit and a realogram creation unit. The product identification unit is configured to receive a captured image of a product display and to identify products in the captured image by comparing features determined from the captured image to features determined from products templates. The realogram creation unit is configured to create a realogram from the identified products and product templates. A product price KPI unit is configured to identify a product label proximally located to each identified product, and to recognize the product price on each product label. Each product price is compared to a predetermined range of prices to determine whether the product label proximally located to the identified product is a correct product label for the identified product.

Disclosed herein is a method and system for providing an international electronic payment service using mobile phone authentication. A payment method using an IPN server is selected, and results of verification of the product are relayed to a PG company server in a first country “A.” A user in country A enters primary authentication information, and a mobile communication company server performs primary authentication. The mobile phone of the user is then notified of an OTP, and the PG company server in country A receives the OTP and performs secondary authentication. The IPN server vicariously processes a payment between the PG company server and the mobile communication company server, and notifies a PG company server in a second country “B” of results of payment. The mobile communication company server sends paid money to the PG company server in country A, and the PG company server gives money corresponding to product price to the seller.

A computer implemented method and system for automatically setting prices of financial products in a financial activity having a plurality of possible outcomes, includes receiving a first request from a participant terminal to purchase a financial product for one of the possible outcomes, i; and electronically computing a price for the requested financial product, in response to the first request, based at least in part on a first formula. Also included is a method for automatically updating the prices for all other outcomes, other than the outcome, i, based at least in part on a second formula. In one example, the financial products include contracts in a one-sided market of buyer participants where the outcomes are mutually exclusive and collectively exhaustive

The optimization of product prices using business segmentation is provided. The business is segmented into a plurality of selected segments, each including a subset of products. Segmenting utilizes fixed dimensions and variable dimensions. Pricing power and pricing risk is computed for each segment. Pricing power is an ability to alter pricing of the products within the segment. Pricing risk is a risk factor associated with an alteration to pricing of the products within the segment. Pricing objectives are generated for each segment by comparing the pricing power to the pricing risk of the segment. Prices are optimized using the pricing objectives. Prices are set based on optimized prices. Price lists and policies may be managed, including negotiating of prices based on optimized prices. Additionally, the entire system may be linked to an enterprise resource system.

A system, and a method adapted to recognize a physical product at a retailer's physical outlet through a cellular device, having a geographic positioning signaling means, utilized by a user of it. Product price tags are scanned, decoded, and the output data is queried against a product database to search for product matches. If there are multiple matches geographical positioning coordinates from the cellular device GPS, base stations or WI-FI access points are utilized to pick the correct product information in the database, which is then stored in a user database.

The invention discloses a price comparing network shopping system and method. The system comprises a server data acquiring subsystem, a client user access subsystem and a centralized order management subsystem, wherein the server data acquiring subsystem is used for acquiring the commodity information of a third-party network supplier through database docking or information extraction and storing the commodity information into a database; the user is connected with the client user access subsystem by the network to realize the operations such as product search, product price comparison and supplier information comparison and places the order via the subsystem; the commodity search result is analyzed by the system and the user acquires the reliable and concise commodity list in consistence with the requirement; and the system unitedly submits the orders as the supplier authentication user in a certain period and ensures the customers can timely receive the purchased commodities. The invention can ensure the user to conveniently realize online shopping via mobile phones through automatically acquiring the data of the commodities in the third-party B2C online stores, analyzing the data and acquiring the simple search result.

A system and process for establishing prices for products on line and for allowing acquisition of those products from retailers that honor such prices. The system and process involve a customer having a credit card account, a computer terminal configured to access a network, and a central authority coupled to the computer terminal via the network. The central authority maintains information about a product and a corresponding price. The price is established by the central authority and the central authority is configured to communicate the information about the product and the price to the customer via the network. Also involved is a credit card processor that is coupled to the central authority. The credit card processor is configured to query the information maintained by the central authority and to receive the price from the central authority. A retailer is involved and includes a point-of-sale system coupled to the central authority and to the credit card processor. The retailer is configured to deliver the product to the customer after the customer purchases the product from the retailer via his credit card account or other form of payment at the price established by the central authority and provided to the retailer and the point-of-sale system by the credit card processor.

A data processing system comprises a database configured to provide a set of internet addresses of online retailer internet pages for association with respective regular expressions each defining a code string, relative to the code representing the online retailer internet page at the respective internet address, for extracting a product price from that online retailer internet page, and a respective expected price range associated with each online retailer internet page in the set; and a testing system configured to apply the regular expression to its respective online retailer internet page to extract a product price and to detect whether the extracted product price lies within the expected price range corresponding to that online retailer internet page; the testing system being configured, in the case that the extracted product price does not lie within the expected price range, to allocate a different regular expression, from a group of candidate regular expressions, to that online retailer internet page and to repeat the test using successive regular expressions from the group of candidate regular expressions.

A blind-supply open commerce business system provides a database where suppliers may upload product, product price and product delivery information. Products are offered for sale through a various systems where a potential buyer may view product information and price quotes for the same product from a plurality of suppliers wherein the identity of suppliers is not revealed. Price quotes reflect supplier cost plus margin. The system of the invention channels invoice and tracking information from a supplier to a purchaser without revealing the identity of the supplier. Suppliers ship products directly to purchasers. Purchasers may access order, shipping, and tracking information from a database of the invention.

It is disclosed that by attaching a barcode including a production date / time and predetermined data related to an expiration date to a product having a shelf life or printing a barcode, according to the elapsed time period from the production date / time to the sale time and the predetermined date related to the expiration date A sales method, a sales system, a barcode, and a barcode system that use data to change product prices. Thus, when a customer selects a product whose discount rate changes according to the date and time elapsed from the production date / time, the vicious inventory associated with waste and operations due to last-in-first-out purchases of products occurs during traditional sales The problem can be improved by encouraging FIFO buying of products.

A vending machine having promotional features, wherein a secured token is associated with a subset of all the items that can be vended, and validation of the token limits the items offered to the patron for his selection to only that subset of items. A first vending machine promotes a new product by the manufacturer of the new product distributing secure promotional tokens good for a free vend or a discount on the price of the new product. In a second vending machine, products from multiple manufacturers are separately promoted using distinct secure promotional tokens for each brand. In a third vending machine providing a plurality of time-metered services, a secure promotional token provides only a limited economy subset of services for the patron's selection from among the plurality of services.

An improved method for forecasting and modeling product demand for a product. The forecasting methodology blends information about the future price of a product with historical sales data to better forecast the future product demand. This forecasting methodoloy takes into account three main parameters that may affect the future demand for a product: seasonality (using seasonal factors), recent sales trends (through average rate of sale analysis) and the product price (by estimating the price driven demand).

A method for computing a price quote for a product using a contract. The method includes identifying the set of price rules for a plurality of products associated with the contract. Each price rule in the set of price rules is either a hard price rule or a soft price rule. Each hard price rule includes a price rule expression and a price rule type and each soft price rule comprises a price rule type. A collection of price rules is generated including, for each soft rule in the set of price rules, hard price rules that are associated with the product and that have the same price rule type as the soft price rule. Hard price rules that are associated with the contract are also added to the collection of price rules. A pricing scheme that is to be used in order to determine the price quote for the product is selected and used to resolve the hard price rules in the collection of price rules in order to determine the price quote.

A system and method for online obtainment and publishing of information of products is provided. The system includes a server further including a database to store records containing information of products. A registration means registers third party users and sellers. Input acceptance means accepts inputs containing information of products from third party users and / or sellers and provides the inputs to the database for storage. Index price determining means is used to extract and sort the records stored in the database based on their product prices and determines index prices for the products whose information is stored in the database, based on the sorted records. The records are verified using verification means and further to verification, the records are transmitted to a plurality of nodes where the records are displayed in predefined manner and third party users' feedback are received using input means.

Estimating price elasticity of product demand assists an understanding of total demand for a product and a forecast of how the level of demand for that product will change based on a change in the price of the product. A multi-level hierarchical regression methodology can be used to forecast product demand, and thereby calculate price elasticity. The methodology accepts historical product sales, product prices, and revenue management controls of a company and predicts the estimated demand at the product level. This methodology can also accept the historical product sales, product prices for the company and its competitors, revenue management controls of a company, and an estimate of the revenue management controls of its competitors to predict the estimated demand at the product level.

A method of locating nearby low priced items by utilizing a personal navigation device includes entering a shopping list of items a user wishes to buy through a user interface of the personal navigation device, the personal navigation device searching for each item on the shopping list in a database containing product price data and corresponding location data of stores selling one or more items on the shopping list, and the personal navigation device displaying search results for items on the shopping list that are found in the database, the search results including the price of the items and locations at which corresponding stores are located.

Embodiments of the invention include systems, computer program products and computer implemented methods for allowing users to purchase one or more products from a merchant. Such embodiments may comprise a mobile device associated with a user, where the mobile device includes a memory having computer instructions that execute the steps of prompting the user to scan the code using the mobile device; translating the code to determine at least a product price and merchant identifier; creating a product purchase prompt on a display associated with the mobile device, and transmitting the product, product price and merchant identifier to a processing server to thereby facilitate an approval of a transaction between the user and the merchant.