AUTOMATED PRICE QUOTE GENERATION

• US 20100153236A1
• Filed: 02/12/2010
• Published: 06/17/2010
• Est. Priority Date: 06/30/2007
• Status: Abandoned Application

• Current Assignee: ResponseLogix, Inc. (Digital Air Strike, Inc.)
• Original Assignee: ResponseLogix, Inc. (Digital Air Strike, Inc.)
• Inventors: Mohr, L. Thomas, Weaver, Timothy D., Rajan, Jagdish
• Application Number:
  US12/705,515
• Publication Number:
  US 20100153236A1
• Time in Patent Office: Days
• US Class Current: 705/27
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0611 Request for offers or quotes

Abstract

Methods and systems for automated price quote generation are provided. A requesting party submits a request that includes information regarding a geographic location and at least one specification. A database is searched based on the information provided by the request. A price quote is automatically generated based on at least the results of the search and provided to the requesting party. The requesting party may be a potential customer, a dealer, or a third party acting on behalf of the potential customer or dealer.

Claims

1. A method for automated price quote generation, the method comprising:

maintaining a database in memory, the database storing information concerning a plurality of available vehicles associated with a dealer inventory, the stored information including information regarding a plurality of features associated with each vehicle;

receiving a price quote request from a requesting party concerning a requested vehicle, the price quote request indicating a geographic location and a specification regarding a feature of the requested vehicle;

executing instructions stored in memory, wherein execution of the instructions by a processor of the computing device;

retrieves a set of search results from the database, the set of search results including available vehicles in or around the geographic location and matching the specification provided by the price quote request, and

generates a price quote for each available vehicle in the search results, the price quote calculated based on a predefined pricing rule associated with the dealer of the available vehicle; and

providing a response including the generated price quote to the requesting party.

2. The method of claim 1, wherein the specification is selected from the group consisting of make, model, year, trim, color, body style, vehicle segment, duty type, option, use level, inventory age, equipment level, and vehicle identification number (VIN).

3. The method of claim 2, wherein the predefined pricing rule adjusts the calculation of the price quote based on the specification.

4. The method of claim 1, wherein the predefined pricing rule adjusts the calculation of the price quote based on information specific to the dealer.

5. The method of claim 1, wherein the predefined pricing rule is further associated with a specified time frame during which the predefined pricing rule is available and wherein the price quote is generated within the specified time frame.

6. A computer-readable storage medium having embodied thereon a program, the program being executable by a processor to perform a method for automated price quote generation, the method comprising:

maintaining a database for storing information concerning a plurality of available vehicles associated with a dealer inventory, the stored information including information regarding a plurality of features associated with each vehicle;

receiving a price quote request from a requesting party, the price quote request concerning a requested vehicle and comprising information concerning a geographic location and a specification regarding a feature of the requested vehicle;

retrieving a set of search results from the database, the set of search results including available vehicles in or around the geographic location and meeting the specification provided by the price quote request;

generating a price quote for each vehicle found in the search, the price quote based on a predefined pricing rule associated with the dealer of the vehicle; and

providing a response including the generated price quote to the requesting party.