System and Method for Mass Non-Revenue Binding Retail Negotiation

• US 20120150616A1
• Filed: 12/12/2011
• Published: 06/14/2012
• Est. Priority Date: 12/13/2010
• Status: Abandoned Application

• Current Assignee: Wikifun Incorporated
• Original Assignee: Wikifun Incorporated
• Inventors: Sitbon, Paul
• Application Number:
  US13/323,810
• Publication Number:
  US 20120150616A1
• Time in Patent Office: Days
• US Class Current: 705/14.35
• CPC Class Codes: G06Q 30/0205 Location or geographical consideration
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0235 constrained by time limit or expiration date

Abstract

A method for mass non-revenue binding retail negotiation. The method comprises identifying a targeted geographic area and selecting a plurality of merchants within the targeted geographic area and having a product or service in common. The method continues by assigning a package to the plurality of merchants in order to receive an offer from the plurality of merchants for the assigned package. The method includes receiving a plurality of offers for the package, applying a criteria to each offer received from the plurality of merchants in order to provide feedback to each merchant that provided an offer from the plurality of merchants. Receiving a final offer from the plurality of merchants and selecting at least one final offer received from the plurality of merchants.

Claims

1. A method for negotiating an offer for a package, the method being performed by a processor, the method comprising:

selecting a targeted geographic area;

identifying the package to be offered;

labeling the package offered with a business category;

associating the package to a plurality of merchants that match the business category of the package offered and are located within the selected targeted geographic area;

receiving a plurality of offers for the package from the plurality of merchants; and

selecting at least one offer for the package.

2. The method according to claim 1, wherein the plurality of offers received from the plurality of merchants are compared to each other in order to transmit feedback to the plurality of merchants based on the comparison of the plurality of offers.

3. The method according to claim 1, wherein the package is a product or service.

4. The method according to claim 1, wherein the targeted geographic area is based on any one of street, area code, city, zip code, county, state, country.

5. The method according to claim 1, wherein information about the plurality of merchants is stored in a database.

6. The method according to claim 5, wherein the information for each merchant is edited by a user.

7. The method according to claim 5, wherein each merchant from the plurality of merchants within the database has a merchant profile and the ability to manage their merchant profile.

8. The method according to claim 7, wherein the package assigned to each merchant is based upon information provided by the merchant in their merchant profile.

9. The method according to claim 1, wherein each offer received for the package includes a fixed time limit.

10. The method according to claim 1, wherein each offer is compared to determine the offer with the greatest value.

11. The method according to claim 1, wherein the feedback provided to the merchant includes a likelihood of the offer being selected.

12. The method according to claim 1, wherein a plurality of targeted geographic areas are selected so that the method for negotiating the offer for the package is processed for each of the targeted geographic areas selected.

13. A method for automated negotiation in multiple targeted geographic areas for multiple business categories, the method being performed by a processor, the method comprising:

selecting a plurality of targeted geographic areas;

identifying a plurality of merchants for each targeted geographic area;

assigning a package for each targeted geographic area;

labeling each package for each targeted geographic area with a business category;

associating each package to a plurality of merchants that match the business category of the package offered for each targeted geographic area;

receiving a plurality of offers for each package; and

selecting at least one offer for each package in each targeted geographic area.

14. The method according to claim 13, wherein the plurality of offers received from the plurality of merchants are compared to each other in order to transmit feedback to the plurality of merchants based on the comparison of the plurality of offers.

15. A system for negotiating an offer for a package, the system comprising:

a selection unit for selecting a targeted geographic area;

an identifying unit configured to identify the package to be offered;

an assigning unit configured to assign the package to a plurality of merchants that are capable of providing the package and are located within the selected targeted geographic area;

a receiving unit configured to receive a plurality of offers for the package;

a comparison unit configured to compare the plurality of offers;

a transmission unit configured to transmit feedback to the plurality of merchants based on the comparison of the plurality of offers,

wherein the receiving unit receives a plurality of final offers for the package and selects at least one final offer.