Is a
Patent attributes
Patent Applicant
Current Assignee
Patent Jurisdiction
Patent Number
Patent Inventor Names
William R. Sweeney0
Date of Patent
March 5, 2024
0Patent Application Number
173939310
Date Filed
August 4, 2021
0Patent Citations
Patent Primary Examiner
CPC Code
Patent abstract
A system and method for providing model-based promotion and price computation is described in which promotional offers in the form of promotion information from a manufacturer are combined with price determination parameters from the retailer to calculate a final retail price. The system prevents fraud by eliminating the heavy dependence on unverifiable trust between the retailer and manufacturer and by assuring that the consumer will receive the benefit of the promotions intended by the manufacturer.
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