Dynamic pricing of items based on number of items sold during a time period

摘要

A method comprises sending a first price of an item for sale from a processor to one or more clients over a network, receiving one or more orders for the item at the first price from one or more of the clients, delivering the item to the one or more clients that ordered the item at the first price, establishing a time period for monitoring the quantity of items sold at the first price, monitoring the quantity of items sold at the first price during the established time period, establishing an upper limit for the quantity of items sold at the first price, pricing the item at a second price with the processor based at least on the one or more orders at the first price, and sending the second price over the network to one or more clients. The pricing includes setting the second price above the first price if the quantity of items sold during the established time period is above the established upper limit