摘要 |
The present invention provides a system and method, implemented in part on an internet sale's entity's website for enabling prospective customers to control the price of a given product through customers' referrals in their social networking systems. In other words, the price of a given product is driven down by popularity. That means, the more an item is shared and talked about the lower the price. The popularity of a given product may be determined based on the number of referrals. Each unique referral that comes from customers using the system will lower the price by a given integer which may be one penny or more. Once the product's price reaches a predetermined bottom limit or timer is up, it will become the daily deal for a period of time.
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