Patent ID: 6993498
Filing Date: 2006-01-31
Classification: G06Q

Abstract:
1. A system for automatically adjusting the price of a product to respond to market conditions, the system comprising: an electronic cash register located in a store; a bar code scanner connected to the electronic cash register for detecting Uniform Product Codes of items purchased in a retail store; a printer connected to the electronic cash register for printing a description of the purchased items and associated prices; a first wedge disposed between the bar code scanner and the electronic cash register for providing the Uniform Product Codes of the purchased items to the Internet; a second wedge disposed between the electronic cash register and the printer for providing the associated prices of the purchased items to the Internet; a remote computer connected to the Internet, the computer comprising a processor, a storage medium connected to the processor, and a computer program stored on the storage medium, the remote computer located remote from the store in which the electronic cash register is located; an electronic price tag for displaying the price of a product, the electronic price tag located in the retail store proximate the first item; a communication link connecting the electronic price tag to the Internet; and wherein the computer program is operable when executed on the processor to initiate transmission of a signal indicative of a new price for the product over the Internet for receipt by the communication link.