Method and system for constructing price structures for complex products and services
US7343325B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Feb 15, 2002 |
| Grant date | Mar 11, 2008 |
| Priority date | — |
| Expiry date | Oct 20, 2022 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention provides a system and method for constructing and maintaining a price structure for an e-commerce transaction relating to a complex product or service. A pricing tree is built of “price components” which include discrete revenues, price adjustments, taxes, and disbursements (such as royalties). Separate revenue streams, which may be allocated to different service providers, may have independent adjustment, tax, and disbursement treatments. Attributes may also be used in the calculation of separate components. Time-date adjustments and rate package adjustments are also supported. The system allows both automated calculation and accounting using the pricing tree. Transactions are supported by a modular e-commerce back-end platform.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.