Technique for utilizing a computer system to provide price prote

Details Technique for utilizing a computer system to provide price prote Technique for utilizing a computer system to provide price prote

1994-08-09

1997-06-24

Hayes, Gail O.

395220, G06F 1700

Patent

active

056422792

ABSTRACT:
A technique for utilizing a computer system to provide price protection to retail customers of a dealer for its least selected goods. Information on each retail transaction for the goods and information on selected goods advertised for sale by others within a selected geographic area are entered into the computer system. The computer system then determines at selected time intervals whether automatic rebates are due to any customers, rebates being due when the computer determines that a product of the selected goods purchased by the customer has been advertised at a lower price by another dealer within the selected time period after the purchase transaction. The computer also prints a check to the customer for the determined difference when it determines that a rebate is due with the check being sent to the customer.

REFERENCES:
patent: 5056019 (1991-10-01), Schultz et al.
patent: 5117355 (1992-05-01), McCarthy
Computer and Software News, V3, n12, p. 26, Mar. 25, 1985; "Murphy's Mart Uses Handleman for All Software", Abstract, Dialog file 275, No. 01115510.
Adweek New England Advertising Week, Aug. 23, 1993; "Tweeter Unveils Price Protection Program", Full Text, Dialog file 16, No. 04594933.
Annual Report, 1989, "Luskin's--Marketing Procedures"; Dialog file 16, No. 02276566.
Seymour, Jim; "Corporate Buyers Deserve Price Protection", PC Week, v8, n49, p. 69, Dec. 9, 1991; Dialog file 275, No. 01461988, Full Text article.
Freedman, Beth; "IBM makes moves to shore up dealer support", PC Week v3, n15, p. 148; Apr. 15, 1986 Dialog file 275, No. 01176015, Full Text article.
McConville, James A.; "New Beachheads"; HFD--The Weekly Home Furnishings Newspaper, V67, n39, p. 89, Sep. 27, 1993, Dialog file 148, No. 05519377, Full Text.

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