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1. WO2006044183 - METHOD FOR PRICING PRODUCTS IN A RETAIL STORE

Publication Number WO/2006/044183
Publication Date 27.04.2006
International Application No. PCT/US2005/035588
International Filing Date 05.10.2005
Chapter 2 Demand Filed 01.05.2006
IPC
G PHYSICS
06
COMPUTING; CALCULATING; COUNTING
F
ELECTRIC DIGITAL DATA PROCESSING
17
Digital computing or data processing equipment or methods, specially adapted for specific functions
G06F 17/00 (2006.01)
CPC
G06Q 10/087
G06Q 30/0283
Applicants
  • DUNNHUMBY LIMITED [GB/GB]; Aurora House 71-75 Uxbridge Road London W5 5SL, GB (AllExceptUS)
  • HINDS, Mark [GB/US]; US (UsOnly)
  • WILHITE, Michael [US/US]; US (UsOnly)
Inventors
  • HINDS, Mark; US
  • WILHITE, Michael; US
Agents
  • MANCINO, David, A.; Taft, Stettinius & Hollister, LLP 425 Walnut Street Suite 1800 Cincinnati, 45202-3957, US
  • WILLIS, Ryan, L.; Taft, Stettinius & Hollister, LLP 425 Walnut Street, Suite 1800 Cincinnati, OH 45202-3957, US
Priority Data
11/073,35404.03.2005US
60/618,30013.10.2004US
Publication Language English (EN)
Filing Language English (EN)
Designated States
Title
(EN) METHOD FOR PRICING PRODUCTS IN A RETAIL STORE
(FR) PROCEDE D'ETABLISSEMENT DES PRIX DE PRODUITS DANS UN MAGASIN DE DETAIL
Abstract
(EN)
A method for pricing products such as goods that are sold in a retail store. The method of the present invention is carried out using the following five-step process: (a) evaluating transaction data for a plurality of consumers; (b) classifying the plurality of consumers into a plurality of consumer groups; (c) identifying a product category; (d) classifying products in the product category into a plurality of product groups, the product groups being based at least in part on the plurality of consumer groups; and (e) setting the retail price of a product in the product category, the retail price being based at least in part on the product group into which the product is classified.
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