System and Method for Enabling Online Research, Publication, Promotion And Management Of User Goods

• US 20080222010A1
• Filed: 03/05/2007
• Published: 09/11/2008
• Est. Priority Date: 03/05/2007
• Status: Active Grant

• Current Assignee: Stripe, Inc.
• Original Assignee: Thintail Incorporated
• Inventors: Keefer, David E., Hudak, William N., Kobert, Jordan R.
• Granted Patent: US 7,958,012 B2
• Time in Patent Office: Days
• US Class Current: 705/27
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0623 Item investigation
• CPC Class Codes: G06Q 30/0641 Shopping interfaces
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A system and method for enabling online research, publication, promotion, and management of user goods is presented. An embodiment guiding the process of online selling across multiple platforms is presented. Information is gathered from various sources across the Internet to determine pricing and publication options. Data and user input are aggregated to create a listing. Listings are published and promoted across platforms and channels and feedback is presented to the user through an online interface.

Claims

1. A method of facilitating a user to offer for sale an article at one or more different online listing platforms comprising the steps of:

receiving from the user a plurality of different user preferences relating to predetermined criteria;

receiving from the user a description of the article;

automatically recommending, based upon the plurality of different user preferences and the article, the one or more different online listing platforms, the step of automatically determining including the step of providing a recommended sale price of the article for that listing platform based upon historical data relating to the article, normalization of the historical data for seasonality and timing and a probability regression analysis to account for user risk tolerance;

receiving from the user a selection of which one or more recommended online listing platforms to use to attempt to sell the article and a sale price of the article for each;

creating, for each selected online listing platform, a listing to offer the article for sale, each listing including a description of the article, the sale price, and at least one mechanism to track the sale process each of the online listing platforms, each listing being formatted in a manner that conforms to the requirements of that particular listing platform; and

tracking each listing.

2. The method of claim 1 wherein the step of creating the listing includes the step of creating a widget into which the listing is placed, and further including the step of updating at least some information stored on the listing after the listing has been posted using the widget.

3. The method of claim 2 wherein the step of updating at least some information updates the selling price to a new selling price.

4. The method of claim 3 wherein the step of updating occurs automatically as a result of further data relating to other sales of products similar to the article that was obtained subsequent to posting of the listing.