Adaptive Product Bundling and Pricing System and Method
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United States of America Patent
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Issued Date -
Jul 25, 2013
app pub date -
Jan 28, 2013
filing date -
May 20, 2004
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Abandoned
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Abstract
A computer-implemented system and method for adaptive product bundling and pricing determines a bundle of products, or a configuration of one or more products, and a price for the bundle or configuration, based on behavioral information associated with one or more users of one or more computer-implemented systems. The product bundle or configuration prices may be further determined in accordance with inferences of price sensitivities, pricing experimentations, expectations of future transactions, inventory levels, costs, and collective price formation processes.
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