Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive
Reexamination Certificate
2004-08-31
2010-12-14
Hayes, John W (Department: 3628)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Discount or incentive
C705S001100, C705S035000, C705S400000
Reexamination Certificate
active
07853473
ABSTRACT:
A market-based software system that will help user-retailers manage price and inventories more effectively. The system will take advantage of available price and sales data to provide pricing recommendations that will achieve a retail user's objectives. The system will offer a solution that will allow for pricing improvement shortly after installation by utilizing data that is readily available. The system will recommend price changes that help a user achieve specified objectives such as contribution, sales volume, desired margins, and the like. The system can also collect and process price and sales data on an ongoing basis, which can enable improved estimates of customer price sensitivity and performance on a category-by-category basis. This data can be used to improve further pricing decisions.
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Davis Scott M.
Huckabay Gary L.
Smith Jeffrey S.
Hayes John W
Nelson Freda A
Revionics, Inc.
Schwegman Lundberg & Woessner, P.A.
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