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A Method to Credit Purchased Items with Price Protection Guarantee Automatically

IP.com Disclosure Number: IPCOM000166587D
Original Publication Date: 2008-Jan-17
Included in the Prior Art Database: 2008-Jan-17
Document File: 1 page(s) / 19K

Publishing Venue

IBM

Abstract

Many retailers have an Online Price Protection and a Store Price Protection policy to attract customers. Many retailers will refund 110% of the difference up to 30 days after the purchase date. For Store Price Protection, retailers will honor any lower advertised price offered by a local competitor. For Online Price Protection, retailers will usually honor the lower price from their Web site only. While this may be a good policy for consumers, most people do not have the time to keep track of the sales price on purchased items