Commerce System and Method of Controlling the Commerce System by Generating Individualized Discounted Discounted Offers to Consumers
First Claim
1. A method of controlling a commerce system including a plurality of retailers offering products for sale, comprising:
- collecting product information associated with the products;
storing the product information in a database;
providing a website for a consumer to create a shopping list with weighted preferences for product attributes;
generating an individualized discount for products on the shopping list directed to the consumer;
optimizing the shopping list based on the product information in the database, the weighted preferences for the product attributes, and the individualized discount;
providing the optimized shopping list to the consumer to assist with purchasing decisions; and
controlling the purchasing decisions within the commerce system by enabling the consumer to select the products for purchase based on the optimized shopping list.
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Accused Products
Abstract
A commerce system has a plurality of retailers offering products for sale. Product information associated with the products is collected and stored in a central database. A consumer uses a website to create a shopping list with weighted preferences for product attributes. An individualized discount is generated by a consumer service provider for products on the shopping list directed to the consumer. The shopping list is optimized based on the product information in the database, the weighted preferences for the product attributes, and the individualized discount. An incremental profit for the product is determined based on the individualized discount. The incremental profit is shared between the retailer and consumer service provider. The consumer uses the optimized shopping list to assist with purchasing decisions. Purchasing decisions within the commerce system are controlled by enabling the consumer to select the products for purchase based on the optimized shopping list.
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Citations
32 Claims
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1. A method of controlling a commerce system including a plurality of retailers offering products for sale, comprising:
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collecting product information associated with the products; storing the product information in a database; providing a website for a consumer to create a shopping list with weighted preferences for product attributes; generating an individualized discount for products on the shopping list directed to the consumer; optimizing the shopping list based on the product information in the database, the weighted preferences for the product attributes, and the individualized discount; providing the optimized shopping list to the consumer to assist with purchasing decisions; and controlling the purchasing decisions within the commerce system by enabling the consumer to select the products for purchase based on the optimized shopping list. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method of controlling a commerce system including a plurality of retailers offering products for sale, comprising:
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collecting product information; storing the product information in a database; generating a shopping list with weighted preferences for product attributes; generating an individualized discount for products on the shopping list; optimizing the shopping list based on the product information in the database, the weighted preferences for the product attributes, and the individualized discount; and utilizing the optimized shopping list to control purchasing decisions within the commerce system by enabling the consumers to select the products for purchase based on the optimized shopping list. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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18. A method of controlling a commerce system including a plurality of retailers offering products for sale, comprising:
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generating an individualized discount for a product directed to a consumer; and controlling a purchasing decision within the commerce system by enabling the consumer to select products for purchase based on the individualized discount. - View Dependent Claims (19, 20, 21, 22, 23, 24, 25, 26)
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27. A computer program product usable with a programmable computer processor having a computer readable program code embodied in a computer usable medium for controlling a commerce system including a plurality of retailers offering products for sale, comprising:
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collecting product information; storing the product information in a database; generating a shopping list with weighted preferences for product attributes; generating an individualized discount for products on the shopping list; optimizing the shopping list based on the product information in the database, the weighted preferences for the product attributes, and the individualized discount; and utilizing the optimized shopping list to control purchasing decisions within the commerce system by enabling the consumers to select the products for purchase based on the optimized shopping list. - View Dependent Claims (28, 29, 30, 31, 32)
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Specification