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System and method for conducting self-modifying semi-opaque sales

  • US 10,318,981 B2
  • Filed: 09/09/2014
  • Issued: 06/11/2019
  • Est. Priority Date: 07/11/2007
  • Status: Active Grant
First Claim
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1. A method comprising:

  • receiving, at a system, at least one purchase inquiry parameter over the Internet via a graphical user interface of a computer-based application on a user device;

    generating, by the system, a semi-opaque offer based on the at least one purchase inquiry parameter, the semi-opaque offer comprising an item and a discount price;

    determining a time period after which at least one term of the semi-opaque offer will change;

    transmitting, by the system, the semi-opaque offer to the user device for display on the graphical user interface of the user device, the semi-opaque offer indicating the time period, wherein the semi-opaque is configured such that when the semi-opaque offer is displayed on the graphical user interface, the semi-opaque offer does not indicate how the semi-opaque offer will change after the time period; and

    upon an expiration of the time period without receiving an acceptance of the semi-opaque offer from the user device, iteratively modifying, by the system, the semi-opaque offer by changing the at least one term of the semi-opaque offer to yield a modified semi-opaque offer, selecting a next change to the modified semi-opaque offer, setting a next time period after which the modified semi-opaque offer will change according to the next change when acceptance of the modified semi-opaque offer is not received; and

    transmitting the modified semi-opaque offer to the user device.

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