US 12,462,269 B1
Current store foot-traffic product pricing system and related methods
Mark B. Lingelbach, Winston-Salem, NC (US); Sharad Acharya, Raleigh, NC (US); Nirajan Kharal, Columbia, MO (US); Justin A. Krull, Burgettstown, PA (US); and George Peterson, Winston-Salem, NC (US)
Assigned to INMAR CLEARING, INC., Winston-Salem, NC (US)
Filed by Inmar Clearing, Inc., Winston-Salem, NC (US)
Filed on Feb. 16, 2024, as Appl. No. 18/444,582.
Int. Cl. G06Q 30/0201 (2023.01); G06Q 10/087 (2023.01); G06Q 30/0601 (2023.01)
CPC G06Q 30/0206 (2013.01) [G06Q 10/087 (2013.01); G06Q 30/0639 (2013.01); G06Q 30/0641 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A product pricing system comprising:
at least one shopper device associated with a respective shopper;
a network access point in a store;
a point-of-sale (POS) device at the store; and
a product pricing server configured to
cooperate with the POS device to determine a number of products per purchase transaction at the store,
obtain global positioning system (GPS) coordinate data from the at least one shopper device,
determine current store foot-traffic associated with the store at a given time based upon the GPS coordinate data being indicative of the respective shopper being within a threshold distance from the store followed by communication between the at least one shopper device and the network access point in the store, and based upon the number of products per purchase transaction,
adjust a current price of a given product for purchase at the store based upon the current store foot-traffic,
cooperate with the at least one shopper device to display the adjusted current price of the given product for purchase at the store and display, on the at least one shopper device, a selection input prompting for the respective shopper to accept the adjusted current price, and
lock the adjusted current price of the given product for purchase from further adjustment for a threshold time period upon activation of the selection input to the at least one shopper device.