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Multiprice commerce service

  • US 20040193501A1
  • Filed: 03/26/2003
  • Published: 09/30/2004
  • Est. Priority Date: 03/26/2003
  • Status: Abandoned Application
First Claim
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1. A method of procuring transactions between at least one vendor and customers of a Hyper Operator that provides service to communication devices possessed by the customers, the method comprising:

  • the Hyper Operator constructing a sellers'"'"' function which varies in real time and is a representation of the willingness of the vendor to sell a product offered by the vendor as a function of price;

    the customers detecting, on the device, a sell offer for the product, each customer then entering only a maximum price for the product into the device and transmitting the maximum price to the Hyper Operator prior to consummation of any sale to that customer to thereby signify a buy offer to the Hyper Operator;

    the Hyper Operator receiving and subsequently aggregating the buy offers, constructing a buyers'"'"' function which varies in real time, continuously comparing the buyers'"'"' function to the sellers'"'"' function, and, when a comparison yields a profit level that at least meets a predetermined target level specified by the vendor, consummating a sale of the product between a qualifying customer and the vendor, all sales of the product to different customers being conducted by the Hyper Operator in a single aggregate transaction; and

    the Hyper Operator notifying the qualifying customer and vendor of the sale, notification of the customer being personalized through use of customer-specific and real-time contextual information.

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