Methods for dynamic discounting

Abstract

The subject invention relates to electronic buying and selling systems and methods. In particular, the invention concerns relations among distinct price curves, price curve attributes (i.e., factors of the offer that can affect the price curves) and buyers or potential buyers. For instance, a price offered to a system user can vary based on total volume of all people aggregating in private environments, cumulative total order by user, ship date, optimal time, as well as terms and conditions associated with the offer (e.g., no cancellation of order, cancellation possible, payment method . . . ).

What is claimed is: 
     
         1 . A non-transitory computer readable storage medium having embodied thereon instructions executable by a processor to perform a method for offering a discounted price for a product or service, the method including:
 displaying a plurality of deal rooms, each deal room including a product or service that is offered for sale, and further including terms and conditions set by a merchant for the product or service that is offered for sale, the terms and conditions differing for a different product or service offered by a different merchant in a different plurality of deal rooms;   determining an aggregate quantity of a particular product or service ordered from the plurality of deal rooms;   implementing a discounted price for the particular product or service based on the aggregate quantity of orders for the particular product or service, the discounted price corresponding to a price discount attribute; and   offering the discounted price to a buyer that agrees to or satisfies the terms and conditions set by the merchant for the particular product or service.