Patent Number: 8,719,142

Title: Seller categorization

Abstract: Disclosed are methods for competitive pricing implemented in software for commerce in an electronic marketplace. A vendor may identify rivals: competitors against which the vendor most directly competes by dint of having similar reputation and market positioning. Using specified pricing models applied to filtered price data periodically gathered by spider-crawling competitors on the Internet, a vendor may adjust product prices to match rivals while accounting for overall marketplace price trends.

Inventors: Odom; Gary (Portland, OR)

Assignee:

International Classification: G06Q 40/00 (20120101)

Expiration Date: 5/06/12018