METHOD FOR DYNAMIC INVENTORY DISPENSING AND DEPLETION OF A VENDED PRODUCT

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United States of America Patent

SERIAL NO

15497160

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Abstract

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One variation of a method for dynamically pricing vended products includes: identifying a purchase pattern of a user at a vending machine; in response to an approaching sell-by date for a unit of a product loaded into the vending machine and based on the purchase pattern, setting a discount rate for the unit of the product for the user; transmitting an electronic communication to an account associated with the user, the electronic communication indicating the discount rate for the unit of the product; identifying the user in a transaction initiated at the vending machine; and in response to selection of the unit of the product from the vending machine during the transaction, initiating a payment with a payment mechanism supplied by the user according to the discount rate.

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Patent Owner(s)

Patent OwnerAddress
BYTE FOODS INCNot Provided

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Ah, New Christopher Alika San Francisco, US 5 153
Chen, Zhongning San Francisco, US 12 314
Tkachenko, Artem San Francisco, US 14 279
Yancher, Alexander San Francisco, US 4 157

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