CONSUMER-INITIATED DEMAND-DRIVEN INTERACTIVE MARKETPLACE

• US 20130304541A1
• Filed: 05/10/2013
• Published: 11/14/2013
• Est. Priority Date: 05/11/2012
• Status: Abandoned Application

• Current Assignee: Ripple Commerce, Inc.
• Original Assignee: Ripple Commerce, Inc.
• Inventors: Sloan, Jeffrey, Cameron, Christopher, Aubrey, Jason, Bui, Kevin
• Application Number:
  US13/891,999
• Publication Number:
  US 20130304541A1
• Time in Patent Office: Days
• US Class Current: 705/7.31
• CPC Class Codes: G06Q 30/0202 Market predictions or forecasting for commercial activities

Abstract

Disclosed herein are systems and methods for managing consumer demand in an online marketplace. In one aspect, a method for managing consumer initiated demand in an online marketplace comprises: receiving a first request for a product or service from a first consumer; identifying one of a plurality of categories as corresponding to the first request; assigning the first request to the identified category; receiving at least one additional request for a product or service from a second consumer and assigning the at least one additional request to the identified category; determining, using a processor, a demand for the identified category based at least on the number of requests assigned to the identified category; and selectively generating a merchant notification for at least one merchant based on the determined demand for the identified category.

Claims

1. A method for managing consumer initiated demand in an online marketplace, comprising:

receiving a first request for a product or service from a first consumer;

identifying one of a plurality of categories as corresponding to the first request;

assigning the first request to the identified category;

receiving at least one additional request for a product or service from a second consumer and assigning the at least one additional request to the identified category;

determining, using a processor, a demand for the identified category based at least on the number of requests assigned to the identified category; and

selectively generating a merchant notification for at least one merchant based on the determined demand for the identified category.

2. The method of claim 1, further comprising:

comparing the first request against a database organized at least partially according to the plurality of categories;

wherein one of the plurality of categories is identified as corresponding to the first request based on the comparison.

3. The method of claim 2, wherein the first request is a text string, and wherein the text string is compared against one or more keywords associated with the identified category in the database to identify one of the plurality of categories as corresponding to the first request.

4. The method of claim 1, further comprising:

identifying one of the plurality of categories as corresponding to the at least one additional request, wherein the identified category corresponding to the at least one additional request is the same as the identified category corresponding to the first request; and

assigning the at least one additional request to the identified category.

5. The method of claim 1, further comprising:

selectively generating a consumer notification for a plurality of consumers, the consumer notification inviting the plurality of consumers to each submit a request corresponding to the identified category;

receiving one or more requests from the plurality of consumers in response to the consumer notification; and

assigning the one or more requests request to the identified category.

6. The method of claim 5, wherein the consumer notification is generated through a social media network.

7. The method of claim 1, further comprising:

receiving an offer to sell a product or service within the identified category from a merchant in response to the merchant notification; and

generating an offer notification for at least one of the first consumer and the second consumer based on the received offer from the merchant.

8. The method of claim 1, wherein selectively generating the merchant notification comprises:

generating the merchant notification if the determined demand for the identified category is greater than a predetermined threshold; and

not generating the merchant notification if the determined demand for the identified category is less than a predetermined threshold.

9. The method of claim 8, wherein the predetermined threshold is based at least partially on a predetermined number of requests assigned to the identified category.

10. The method of claim 9, wherein each of the plurality of categories includes at least one demand specification, further comprising:

identifying if the first request includes information pertaining to the at least one demand specification of the identified category;

wherein determining, using the processor, the demand for the product category, comprises

increasing the demand for the identified category based on the first request only if the first request includes information pertaining to the at least one demand specification.

11. The method of claim 1, further comprising:

generating the merchant notification for at least one merchant based on a physical location of one of the first consumer and the second consumer.

12. The method of claim 1, wherein the identified category corresponds to a product or service.

13. The method of claim 1, wherein the identified category includes multiple related products or services.

14. An apparatus for managing consumer demand in an online marketplace, comprising:

a memory; and

a processor configured to execute instructions stored in the memory to;

receive a first request for a product or service from a first consumer;

identify one of a plurality of categories as corresponding to the first request;

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assign the first request to the identified category;

receive at least one additional request for a product or service from a second consumer and assigning the at least one additional request to the identified category;

determine a demand for the identified category based at least on the number of requests assigned to the identified category; and

selectively generate a merchant notification for at least one merchant based on the determined demand for the identified category.

15. The apparatus of claim 14, wherein the processor is further configured to execute instructions stored in the memory to:

compare the first request against a database organized at least partially according to the plurality of categories;

wherein one of the plurality of categories is identified as corresponding to the first request based on the comparison.

16. The apparatus of claim 14, wherein the processor is further configured to execute instructions stored in the memory to:

generate the merchant notification if the determined demand for the identified category is greater than a predetermined threshold; and

not generate the merchant notification if the determined demand for the identified category is less than a predetermined threshold;

wherein the predetermined threshold is based at least partially on a predetermined number of requests assigned to the identified category.

17. A method for managing consumer initiated demand in an online marketplace, comprising:

receiving a first request for a product or service from a first consumer over a network, and, using a processor;

comparing the first request against a database organized at least partially according to a plurality of categories,

identifying one of a plurality of categories as corresponding to the first request based on the comparison,

assigning the first request to the identified category, and

receiving at least one additional request from a second consumer and assigning the at least one additional request for a product or service to the identified category.

18. The method of claim 17, wherein the first request is a text string, and wherein the text string is compared against one or more keywords associated with the identified category in the database to identify one of the plurality of categories as corresponding to the first request.

19. The method of claim 17, further comprising:

determining, using the processor, a demand for the identified category based at least on the number of requests assigned to the identified category; and

selectively generating a merchant notification for at least one merchant based on the determined demand for the identified category.

20. The method of claim 17, further comprising:

receiving an offer to sell a product or service within the identified category from a merchant in response to the merchant notification; and

generating an offer notification for at least one of the first consumer and the second consumer based on the received offer from the merchant.