PRICE PROTECTION SYSTEM AND METHOD
First Claim
Patent Images
1. A computer-implemented method for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, the method comprising:
- storing information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the purchased item;
monitoring information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item;
determining whether the buyer is eligible for a refund using the stored information and the retrieved information; and
notifying the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy.
0 Assignments
0 Petitions
Accused Products
Abstract
Disclosed herein is a system and method for price protection associated with one or more items purchased. A registered item, which comprises an item purchased by a buyer from a seller, is monitored electronically to obtain information associated with the item, including an item'"'"'s current purchase price. If it is determined from electronically monitoring the status of the item that the buyer is eligible for a refund under a price protection policy covering the item purchased, the buyer is notified.
-
Citations
27 Claims
-
1. A computer-implemented method for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, the method comprising:
-
storing information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the purchased item; monitoring information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item; determining whether the buyer is eligible for a refund using the stored information and the retrieved information; and notifying the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy. - View Dependent Claims (2, 3, 4, 5, 6, 7)
-
-
8. A computer-readable medium storing computer-readable program code for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, the program code comprising:
-
code to store information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the purchased item; code to monitor information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item; code to determine whether the buyer is eligible for a refund using the stored information and the retrieved information; and code to notify the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy. - View Dependent Claims (9, 10, 11, 12, 13, 14)
-
-
15. An apparatus for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, the apparatus comprising:
one or more processors configured to; store information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the item; monitor information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item; determine whether the buyer is eligible for a refund using the stored information and the retrieved information; and notify the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy. - View Dependent Claims (16, 17, 18, 19, 20, 21)
-
22. A system for providing an electronic notification of eligibility for a refund in accordance with a price protection policy, said system comprising:
-
a data store configured to store information associated with a purchase transaction involving a buyer and an item purchased, said information including buyer information, identification of the purchased item, date of purchase and a transaction price for the purchased item; a notification engine configured to; monitor information retrieved from at least one web page to identify a change in status associated with the purchased item, said retrieved information identifying a current purchase price for the purchased item; determine whether the buyer is eligible for a refund using the stored information and the retrieved information; and notify the buyer if it is determined that the buyer is eligible for a refund due to the buyer under a price protection policy. - View Dependent Claims (23, 24, 25, 26, 27)
-
Specification