Invention Grant
- Patent Title: Systems and methods for task-based decreasing price markets
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Application No.: US13888571Application Date: 2013-05-07
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Publication No.: US08655703B2Publication Date: 2014-02-18
- Inventor: Daniel Owen McGuire
- Applicant: SkinnyPrices, Inc.
- Applicant Address: US CA San Francisco
- Assignee: SKINNYprice, Inc.
- Current Assignee: SKINNYprice, Inc.
- Current Assignee Address: US CA San Francisco
- Agency: Foley & Lardner LLP
- Agent Christopher J. McKenna
- Main IPC: G06Q10/00
- IPC: G06Q10/00

Abstract:
Embodiments of task-based, decreasing-price markets enable dynamic discounting of items for sale. In one example, users shop for products (e.g., clothing, electronics, or cars) or services (e.g., hotel rooms, plane tickets, or car rentals) using a computing device or mobile device. As the users shop, they view advertisements or perform other tasks, like answering questions, and the system discounts an item's price based on the number or complexity of the performed tasks. Each user who performs a task gets a chance to buy the item at its discounted price. The other users also get a chance to buy the item at the discounted price. If someone buys the item, the item's price returns to its starting value. If nobody buys the item, the system discounts the item's price further as the users perform more tasks until someone buys the item or the item's price reaches a minimum value.
Public/Granted literature
- US20130246137A1 Systems and Methods for Task-Based Decreasing Price Markets Public/Granted day:2013-09-19
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