METHOD AND SYSTEM FOR WEB-BASED INCENTIVE ACQUISITION MARKET MAKING

• US 20100121699A1
• Filed: 11/10/2009
• Published: 05/13/2010
• Est. Priority Date: 11/12/2008
• Status: Abandoned Application

• Current Assignee: Phyllis Pierce
• Original Assignee: Phyllis Pierce
• Inventors: PIERCE, PHYLLIS
• Application Number:
  US12/615,595
• Publication Number:
  US 20100121699A1
• Time in Patent Office: Days
• US Class Current: 705/14.160
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0214 Referral reward systems
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

A method and system for web-based incentive acquisition of material and non-material items is proposed involving an originator designating a desired acquisition interacting with a central host controller or manager system. An electronic system allows an originator to define a commodity or service and set an initial bounty, transferable to a system-member-participant who assists such acquisition upon proof of such assistance. Variations of the present system enable adaptation to employment, personal property, and service circumstances. An alternative module enables a financial rating and a reliability rating for both system members and participants. A financial module allows for holding of deposit funds or value offered for consideration of action in enabling the formation of a binding contract.

Claims

1. A method of making a market within a host data processing system, said method comprising the steps of:

(a) establishing a data base, said data base further comprising data relative to a commodity that is available, said data posted by a commodity agent;

(b) determining a bounty to be paid to a transaction agent, by said commodity agent, for a successful acquisition of said commodity by a third party;

(c) posting a description of said commodity, together with a listing of said bounty, on said data processing system for review by a remote node through an internet connection in cooperation with said data processing system;

(d) running a matching routine for said posted description with one or more needs descriptions posted by a potential transaction agent of said commodity; and

(i) if a match is determined between said one or more needs descriptions and said described commodity then creating a contract in respect of said match;

or

(ii) if no match is determined between said one or more needs descriptions and said described commodity, then maintaining said posted description in said data base for use in a future running of said matching routine; and

(e) causing said bounty to be payable by said commodity agent to said transaction agent in respect of said contract to complete a transaction.

2. The method of claim 1 wherein said commodity is an individual seeking a job.

3. The method of claim 1, wherein said commodity is a service.

4. The method of claim 1, wherein said commodity is a good.

5. The method of claim 2, wherein said data base further comprises a resume of said individual seeking a job, and wherein said resume is capable of being downloaded from said host data processing system by a third party via a link from said remote node to said internet.

6. The method of claim 4, wherein said data base further comprises a description of said service, and wherein said description is capable of being downloaded from said host data processing system by a third party via a link from said remote node to said internet.

7. The method of claim 5, wherein said data base further comprises a description of said good, and wherein said description is capable of being downloaded from said host data processing system by a third party via a link from said remote node to said internet.

8. The method of claim 1, wherein said running of a matching routine step is performed at pre-selected intervals.

9. The method of claim 1, wherein said running of a matching routine step is performed continuously.

10. The method of claim 1, wherein said running of a matching routine step is performed on an as-needed basis.

11. The method of claim 1, further comprising the step of:

generating a report in respect of said transaction.

12. A system for making a market within a host data processing system, said system comprising:

(a) a data base, said data base further comprising;

(i) data posted by a commodity agent relative to a commodity that is available, said data further comprising a bounty to be paid to a transaction agent for a successful acquisition of said commodity by a third party;

(ii) a posted description of said commodity, together with a listing of said bounty, for review by a remote node through an internet connection in cooperation with said data processing system;

(b) a matching routine for matching said posted description with one or more needs descriptions posted by a potential transaction agent; and

(i) if a match is determined between said one or more needs descriptions and said described commodity then creating a contract in respect of said match, causing said bounty to be payable by said commodity agent to said transaction agent in respect of said contract to complete a transaction; and

(ii) if no match is determined between said one or more needs descriptions and said described commodity, then maintaining said posted description in said data base for use in a future running of said matching routine.

13. The system of claim 12, wherein said system further comprises printing means for printing a report in respect of said transaction.

14. The system of claim 12, wherein said system further comprises a forms library for generating standardized reports in respect of said transaction.

15. The system of claim 12, wherein said system further comprises selection means for selecting between entry of commodity data to said data base or entry of review criteria for reviewing said commodity data.

16. The system of claim 12, further comprising payment acceptance means for allowing a user of said system to make a payment in respect of a use of said system.

17. The system of claim 16, wherein said payment acceptance means is capable of taking said payment from said user of said system for said bounty on an escrow basis, said escrowed payment to be released to said transaction agent upon a completed transaction.

18. The system of claim 12, wherein said commodity is selected from a group comprising:

(a) an individual seeking a job;

(b) a service; and

(c) a good.

19. A system enabling operation of a web-based incentive commodity acquisition routine, said routine involving an originator designating a desired commodity, interacting with a central host controller or manager system, said system comprising:

(a) a host manager system means for enabling communication and interaction with an originator seeking module means seeking said designated desired commodity, said host manager system means further comprising;

(i) an operable database of one or more participants;

(ii) a query generator management module for managing originating queries from an originator and from one or more participants other than said originator;

(iii) a communication controller module for enhancing communication between defined modules and said one or more participants in said system; and

(iv) a facilitator controller module for facilitating enhanced and secure communication between said defined modules and at least one of said one or more participants; and

(b) a plurality of electronic communication pathways between said host manager system means and said originator seeking module enabling a transfer of at least one desired commodity designation.

20. The system of claim 19, said system further comprising a posted incentive bounty, said bounty posted by a participant in respect of an acquisition of said commodity.