Invention Grant
- Patent Title: Model-based promotion and price computation system and method
- Patent Title (中): 基于模型的推广和价格计算系统及方法
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Application No.: US10729968Application Date: 2003-12-09
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Publication No.: US08812348B2Publication Date: 2014-08-19
- Inventor: William R. Sweeney
- Applicant: William R. Sweeney
- Applicant Address: US VA Richmond
- Assignee: Philip Morris USA Inc.
- Current Assignee: Philip Morris USA Inc.
- Current Assignee Address: US VA Richmond
- Agency: Buchanan Ingersoll & Rooney PC
- Main IPC: G06Q99/00
- IPC: G06Q99/00

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.
Public/Granted literature
- US20040210542A1 Model-based promotion and price computation system and method Public/Granted day:2004-10-21
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