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SYSTEM AND METHOD FOR DYNAMIC PRODUCT PRICING

  • US 20090164383A1
  • Filed: 12/21/2007
  • Published: 06/25/2009
  • Est. Priority Date: 12/21/2007
  • Status: Active Grant
First Claim
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1. A method for pricing a product to be sold over the internet, the method comprising:

  • storing sales characteristics for each of a plurality of products in a database, the sales characteristics including sale history and sale queue information;

    receiving a sale order from a seller, the sale order including product information of a list product associated with one of the plurality of products;

    calculating a market price based on the product information in the sale order and the sale characteristics of the list product; and

    displaying a suggested list price to the seller based on the market price.

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