COMPETITIVE PRICE ALERT SYSTEM WITH COMPETITIVE PRICE RULES ENGINE
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United States of America Patent
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Issued Date -
May 15, 2014
app pub date -
Mar 15, 2013
filing date -
Nov 15, 2012
priority date (Note) -
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Abstract
Price alerts relating to competitor products are transmitted to a user. A user provides product information, which is used to generate a product set. The products in the product set are used to generate a competitor set, which includes competitors that offer products in the product set. A rule set is generated that includes rules applied to the products and the competitors. A search is performed for the products against the competitors to determine if a rule has been broken. If so, an alert is transmitted to the user. In some implementations, instructions are also transmitted to correct the broken rule. Steps to correct the broken rule may include lowering the price offered by the user for the product.
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