Patent ID: 7941344

Claim:
A system for time incremented purchase price discounting comprising: a computing system; a seller website, the seller website including the capability to sell a product; and a processor for executing a process for time incremented purchase price discounting, the process for time incremented purchase price discounting comprising: selecting an initial purchase price for the product, the initial purchase price for the product being a price for which a seller will sell the product to a buyer; selecting a plurality of different time increments and a different implementation time period for each of the time increments of the plurality, each of the different time increments of the plurality being associated with the product; selecting a plurality of different discount increments, the discount increments of the plurality being associated with the product, the system implementing either percentage increments or monetary amount increments based on user selection, each of the different discount increments of the plurality of discount increments being associated with individual ones of the time increments of the plurality of time increments; offering the product for sale on the seller website at the initial purchase price for the product; and automatically discounting the initial purchase price of the product according to the time and discount increments and offering the product for sale at the discounted purchase price according to those time and discount increments.