Method and system for providing paid notification of item availabilty in an online marketplace

• US 20040024682A1
• Filed: 07/31/2002
• Published: 02/05/2004
• Est. Priority Date: 07/31/2002
• Status: Abandoned Application

• Current Assignee: Steven Gregory Popovitch
• Original Assignee: Steven Gregory Popovitch
• Inventors: Popovitch, Steven Gregory
• Application Number:
  US10/209,627
• Publication Number:
  US 20040024682A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A notification method and system is disclosed which can be implemented in the context of an online marketplace, to the advantage of both the users of the online marketplace and the operator of the online marketplace. This invention enables users to submit requests for receiving priority notifications when an item matching a query becomes available, in exchange for a notification fee payable only if the item is purchased within a predetermined time period after the notification is sent. In a preferred embodiment, the notification fee is variable and determined by the user, in effect creating a novel auction marketplace where users bid for the timely dispatching of notifications.

Claims

1. A method, performed in the context of an online marketplace where at least one item is offered for sale daily and can be purchased in exchange for a predetermined amount of currency, for sending a notification to a user participating to the online marketplace, the method comprising the steps of:

(a) receiving at least one notification request from the user;

(b) sending the notification to the user if the item matches the notification request;

(c) preventing a plurality of users, who have not been notified of the item'"'"'s availability, from purchasing the item during a blackout period;

(d) billing the user a notification fee if the user purchases the item.

2. The method of claim 1, wherein said notification fee is a predetermined percentage of the predetermined amount of currency.

3. The method of claim 1, wherein said notification fee is a percentage of the predetermined amount of currency, and wherein said percentage decreases as the amount of time elapsed between the time when the item was offered for sale and the time of purchase increases.

4. The method of claim 3, further comprising deactivating the immediate purchase option at the end of the blackout period.

5. The method of claim 3, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

6. The method of claim 1, wherein said notification fee is billed only if the purchase occurred during a fee period.

7. The method of claim 6, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

8. The method of claim 6, wherein said notification fee is a predetermined percentage of the predetermined amount of currency.

9. The method of claim 6, wherein said notification fee is a percentage of the predetermined amount of currency, and wherein said percentage decreases as the amount of time elapsed between the time when the item was offered for sale and the time of purchase increases.

10. The method of claim 9, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

11. A method, performed in the context of an online marketplace where at least one item is offered for sale daily and can be purchased in exchange for a predetermined amount of currency, for sending a notification to a user participating to the online marketplace, the method comprising the steps of:

(a) receiving at least one notification request from the user;

(b) sending the notification to the user if the item matches the notification request;

(c) billing the user a notification fee if the user purchases the item during a fee period.

12. The method of claim 11, wherein said notification fee is a predetermined percentage of the predetermined amount of currency.

13. The method of claim 12, further comprising deactivating the immediate purchase option at the end of the fee period.

14. The method of claim 11, wherein said notification fee is a percentage of the predetermined amount of currency, and wherein said percentage decreases as the amount of time elapsed between the time when the item was offered for sale and the time of purchase increases.

15. The method of claim 14, further comprising deactivating the immediate purchase option at the end of the fee period.

16. The method of claim 14, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

17. A method, performed in the context of an online marketplace where at least one item is offered for sale daily and can be purchased in exchange for a predetermined amount of currency, for sending a notification to a user participating to the online marketplace, the method comprising the steps of:

(a) receiving at least one notification request from the user, said notification request comprising a query and a bid;

(b) sending a notification to the user if the item matches said query, wherein the notification is sent at a time determined at least in part by the amount of said bid;

(c) preventing a plurality of users, who have not been notified of the item'"'"'s availability, from purchasing the item during a blackout period;

(d) billing the user a notification fee if the user purchases the item.

18. The method of claim 17, wherein said notification fee is determined at least in part by the amount of said bid.

19. The method of claim 18, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

20. The method of claim 18, further comprising deactivating the immediate purchase option at the end of the blackout period.

21. The method of claim 17, wherein said bid is specified as a percentage, and said notification fee is equal to said percentage of the purchase price.

22. The method of claim 18, wherein said notification fee is determined at least in part by the amount of time elapsed between the time when the item was offered for sale and the time of purchase.

23. The method of claim 17, wherein said notification fee is billed only if the purchase occurred during a fee period.

24. The method of claim 23, wherein said notification fee is determined at least in part by the amount of said bid.

25. The method of claim 24, further comprising deactivating the immediate purchase option at the end of the blackout period.

26. The method of claim 24, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

27. The method of claim 24, wherein said notification fee is determined at least in part by the amount of time elapsed between the time when the item was offered for sale and the time of purchase.

28. The method of claim 27, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

29. The method of claim 27, further deactivating the immediate purchase option at the end of the blackout period.

30. A method, performed in the context of an online marketplace where at least one item is offered for sale daily and can be purchased in exchange for a predetermined amount of currency, for sending a notification to a user participating to the online marketplace, the method comprising the steps of:

(a) receiving at least one notification request from the user, said notification request comprising a query and a bid;

(b) sending a notification to the user if the item matches said query, wherein the notification is sent at a time determined at least in part by the amount of said bid;

(c) billing the user a notification fee if the user purchases the item during a fee period.

31. The method of claim 30, wherein said notification fee is determined at least in part by the amount of said bid.

32. The method of claim 30, wherein said notification fee is determined at least in part by the amount of time elapsed between the time when the item was offered for sale and the time of purchase.

33. The method of claim 31, wherein said notification fee is determined at least in part by the amount of time elapsed between the time when the item was offered for sale and the time of purchase.

34. The method of claim 31, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

35. The method of claim 33, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

36. A method, performed on a multi-user computer system running an online marketplace, for providing notifications of the availability of an item, the method comprising the steps of:

(a) receiving at least one notification request from each of a plurality of users of the online marketplace, said notification request comprising;

(1) a query, used for matching items of interest;

(2) a bid, used for prioritizing notifications and determining a notification fee;

(3) an identifier, used for uniquely identifying the user submitting the notification request;

(b) performing, each time a new item is offered for sale and can be purchased in exchange for a predetermined amount of currency, the method comprising the steps;

(i) determining, for said new item, a set of eligible users, consisting of the users who have submitted at least one notification request where said new item matches the query specified in said at least one notification request;

(ii) determining a time schedule for the delivery of notifications to the eligible users, wherein said time schedule depends on the values of the bids specified in at least one of the notification requests submitted by the eligible users;

(iii) sending a notification to at least one of the eligible users, according to said time schedule, stating that said new item is available for sale;

(iv) billing a notification fee if one of the eligible users purchases said new item, wherein the amount of said notification fee depends on factors comprising;

(a) the time at which the purchase occurred;

(b) the value of the bid specified in at least one of the notification requests submitted by the eligible users;

(v) preventing the users who have not been notified of said new item'"'"'s availability from purchasing said new item during a predetermined blackout period.

37. The method of claim 36, further comprising providing an incentive for a plurality of sellers to use an immediate purchase option.

38. The method of claim 36, further comprising deactivating an immediate purchase option at the end of the blackout period.