INTELLIGENT AND REAL TIME, LOCATION BASED, AUTOMATED AND INSTANTANEOUS FLUID PRICING MANAGEMENT SYSTEM

摘要

A system for selling a product includes an admin console module that receives, from a seller, a base price and a price range that is lower than the base price of the product, a database in communication with the admin console that stores the base price and the price range, a user interface that receives, from a customer, a bid for purchasing the product, and a fluid pricing module that, in response to the receipt of the bid from the customer, accesses the database and compares the bid to the base price and price range. The fluid pricing module instructs the customer to submit a revised bid when the bid is within the price range.

主权项

1. A system for selling a product, comprising:
an admin console module that receives, from a seller, a base price and a price range that is lower than the base price of the product; a database in communication with the admin console that stores the base price and the price range; a user interface that receives, from a customer, a bid for purchasing the product; and a fluid pricing module that, in response to the receipt of the bid from the customer, accesses the database and compares the bid to the base price and price range; wherein the fluid pricing module:
completes a sales transaction between the seller and the customer for the product when the bid is greater than the base price;instructs the customer to submit a revised bid when the bid is within the price range; andrejects the sales transaction between the seller and the customer for the product when the bid is less than the price range.