Method and system for international shopping
First Claim
1. An international shopping system in communication with an electronic commerce system operating in a first currency and offering a product for purchase, the international shopping system providing a cost in a second currency for the product to be imported into a destination country, the international shopping system comprising:
- an input/output interface for receiving a request for the cost of the product in the second currency and providing the cost of the product in the second currency in response to the request;
a commerce system interface to the electronic commerce system for obtaining information about the product in response to the request;
a product cost calculation system comprising;
a quote processor for establishing the cost in the second currency for the product to be imported; and
an importing cost determination module in communication with the quote processor for determining an import cost for the product to be imported into the destination country based on information about the product obtained from the electronic commerce system, the importing cost determination module providing the quote processor with the import cost.
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Accused Products
Abstract
Presented is a system and method for determining a total cost of a foreign originating product in a customer'"'"'s local currency. The system allows a customer to shop via electronic methods regardless of a merchant'"'"'s location country and receive the total final cost of the product in the customer'"'"'s local currency. Currency exchange, duties and tariffs, taxes and shipping are included in the given total cost of the product. The system also includes a duty estimation system for estimating duty charges prior to a product crossing an international border is disclosed. The product is categorized according to product categories set by each country. Based on the most frequent countries of origin of that particular product category and duty charges for these countries, a weighted average duty rate is determined and applied to the local currency value for duty cost of the product
50 Citations
30 Claims
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1. An international shopping system in communication with an electronic commerce system operating in a first currency and offering a product for purchase, the international shopping system providing a cost in a second currency for the product to be imported into a destination country, the international shopping system comprising:
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an input/output interface for receiving a request for the cost of the product in the second currency and providing the cost of the product in the second currency in response to the request;
a commerce system interface to the electronic commerce system for obtaining information about the product in response to the request;
a product cost calculation system comprising;
a quote processor for establishing the cost in the second currency for the product to be imported; and
an importing cost determination module in communication with the quote processor for determining an import cost for the product to be imported into the destination country based on information about the product obtained from the electronic commerce system, the importing cost determination module providing the quote processor with the import cost. - View Dependent Claims (2, 3, 4, 5, 6, 7, 9, 10, 11, 12, 14, 15, 16, 17, 18, 19, 20, 21)
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13. A method for providing a cost in a second currency of a product being imported into a destination country, the product being offered for sale by an electronic commerce system operating in a first currency, the method comprising:
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receiving a request for the cost of the product in the second currency;
obtaining information about the product from the electronic commerce system;
determining an import cost for the product to be imported into the destination country based on information about the product obtained from the electronic commerce system;
establishing a total cost for the product in the second currency; and
providing the cost of the product in the second currency.
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22. A computer readable medium having stored thereon computer-executable instructions for providing a cost in a second currency of a product being imported into a destination country, the product being offered for sale by an electronic commerce system operating in a first currency, the computer-executable instructions performing the steps comprising:
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receiving a request for the cost of the product in the second currency;
obtaining information about the product from the electronic commerce system;
determining an import cost for the product to be imported into the destination country based on information about the product obtained from the electronic commerce system;
establishing a total cost for the product in the second currency; and
providing the cost of the product in the second currency. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30)
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Specification