Method and system fro making a conditional event binding on purchasers and vendors
First Claim
1. A method for selling a conditional event online, the method comprising:
- providing for a website, buyers accessing the website over a communication network from remote computers;
providing for the display of information relating to an event over the website, the occurrence of the event conditioned on pre-defined criteria set by a vendor of the event, the pre-defined criteria being required to be satisfied in order for the vendor to be obligated to produce the event, the other pre-defined criteria and the commercial terms of the sale being displayed to the buyers;
providing for the receipt of a purchase request for an event from a buyer and credit card information from the buyer in order to facilitate a pre-authorized purchase transaction for the buyer; and
upon the satisfaction of the pre-defined criteria, providing for the charging of the buyer'"'"'s credit card account to complete the purchase transaction, the vendor being obligated to produce the event.
1 Assignment
0 Petitions
Accused Products
Abstract
The present invention relates to a method and system for selling a conditional event over a network such as the Internet, and in particular, to a method and system for selling a conditional event that provides that the sale of the event shall become binding on the buyer and the vendor upon the satisfaction of some pre-defined criteria which include a pre-defined time period specified by the vendor. The conditional event may include a concert, sporting event, staged event, charter travel, a commitment to perform an achievement or the like, and the pre-defined criteria may include a specified level of total number of sales, a specified level of total sales income or other pre-defined conditions. The system provides that prospective buyers can make their purchases by accessing a website, and the vendor shall become obligated to produce the event upon the satisfaction of the pre-defined criteria. The system further permits the vendor to automatically charge the buyer'"'"'s credit card account upon the satisfaction of the pre-defined criteria.
98 Citations
28 Claims
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1. A method for selling a conditional event online, the method comprising:
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providing for a website, buyers accessing the website over a communication network from remote computers;
providing for the display of information relating to an event over the website, the occurrence of the event conditioned on pre-defined criteria set by a vendor of the event, the pre-defined criteria being required to be satisfied in order for the vendor to be obligated to produce the event, the other pre-defined criteria and the commercial terms of the sale being displayed to the buyers;
providing for the receipt of a purchase request for an event from a buyer and credit card information from the buyer in order to facilitate a pre-authorized purchase transaction for the buyer; and
upon the satisfaction of the pre-defined criteria, providing for the charging of the buyer'"'"'s credit card account to complete the purchase transaction, the vendor being obligated to produce the event. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for purchasing tickets to a conditional event online for a buyer, the method comprising:
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accessing a public area of a website to view information concerning a future conditional event;
accessing a secure area of a website for entering credit card information in order to purchase a conditional event, the occurrence of the event being conditioned on the satisfaction of certain pre-defined criteria set by a vendor, the other commercial terms being preset;
transmitting a purchase request for an event and credit card information over the website, the credit card information further transmitted to a credit card company over a network in order to facilitate a pre-authorized purchase transaction for the buyer;
upon the satisfaction of the pre-defined criteria, charging the buyer'"'"'s credit card account to complete the purchase transaction. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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18. A system for conducting the online sale of a conditional event, the system comprising:
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means for displaying information relating to a conditional event over a website, the vendor'"'"'s obligation to produce the event conditioned on the satisfaction of pre-defined criteria set by the vendor of the event, the other commercial terms being preset;
means for performing a credit card pre-authorization transaction upon the request of a buyer to purchase the event; and
means for determining when the pre-defined criteria have been satisfied and, upon satisfaction, automatically charging the buyer'"'"'s credit card account for the purchase, to complete the purchase transaction the vendor becoming obligated to produce the event. - View Dependent Claims (19, 20, 21, 22)
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23. A computer useable medium and computer readable code embodied on the computer useable medium for conducting the online sale of a conditional event, the computer readable code comprising:
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a first code segment providing for the display of information relating to a conditional event over a website, the vendor'"'"'s obligations to produce the event conditioned on the satisfaction of pre-defined criteria set by the vendor of the event, the other commercial terms being preset;
a second code segment providing for performing a credit card pre-authorization transaction upon the request of a buyer to purchase the event; and
a third code segment providing for determining when the pre-defined criteria have been satisfied and, upon satisfaction, automatically charging the buyer'"'"'s credit card account to complete the purchase transaction for the purchase and the vendor becoming obligated to produce the event. - View Dependent Claims (24, 27)
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28. A method for selling a conditional event online, the method comprising:
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providing for a website, buyers accessing the website over a communication network from remote computers;
providing for the display of information relating to an event over the website, the occurrence of the event conditioned on pre-defined criteria set by a vendor of the event, the vendor having an option to agree to produce the event even though the pre-defined criteria have not been satisfied, the other pre-defined criteria and the commercial terms of the sale being displayed to the buyers;
providing for the receipt of a purchase request for an event from a buyer and credit card information from the buyer in order to facilitate a pre-authorized purchase transaction for the buyer; and
upon the vendor exercising its option to agree to produce the event even though the pre-defined criteria have not been satisfied, providing for the charging of the buyer'"'"'s credit card account to complete the purchase transaction, the vendor being obligated to produce the event.
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Specification