PRODUCTS OR SERVICES DEMAND ANALYTICS SYSTEMS AND RELATED METHODS AND ELECTRONIC EXCHANGES

• US 20130346153A1
• Filed: 06/06/2013
• Published: 12/26/2013
• Est. Priority Date: 06/22/2012
• Status: Abandoned Application

• Current Assignee: Buystand, LLC
• Original Assignee: Buystand, LLC
• Inventors: Kraus, Ted Rudner, Davy, Joseph P., Brown, Glenn William Jr., Friel, Daniel, DeSimone, Philip
• Application Number:
  US13/911,770
• Publication Number:
  US 20130346153A1
• Time in Patent Office: Days
• US Class Current: 705/7.31
• CPC Class Codes: G06Q 10/08 Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0623 Item investigation

Abstract

Products or services demand analytics systems are provided. The systems may include a processor configured to determine whether to make an offer from a buyer to purchase a product or service at a buyer-determined price available to a seller of the product or service, based on a demand analytics preference of the seller for the product or service. Moreover, the processor may be configured to adjust whether the offer is made available to the seller and/or how the offer is communicated to the seller in response to an adjustment by the seller of the demand analytics preference for the product or service. Related methods and electronic exchanges are also described.

Claims

1. A method of facilitating a buyer-driven transaction, comprising:

receiving at an electronic exchange a plurality of offers from a plurality of respective buyers to purchase a product or service at a plurality of respective buyer-determined prices;

searching seller inventory data or seller capacity data from at least one database to match the plurality of offers with at least one seller inventory or seller schedule that includes the product or service; and

using one or more filters to optimize the plurality of offers that match a seller inventory or seller schedule among the at least one seller inventory or seller schedule for a particular seller, based on a demand analytics preference of the particular seller for the product or service, by determining whether to make the plurality of offers available to the particular seller and/or how to communicate the plurality of offers to the particular seller.

2. The method of claim 1, wherein optimizing the plurality of offers comprises sorting the plurality of offers based on at least one of profit margin for the particular seller with respect to the product or service at the plurality of buyer-determined prices and a comparison of raw prices of the plurality offers for the product or service.

3. The method of claim 1, further comprising receiving at the electronic exchange an acceptance of at least one of the plurality of offers from an individual seller whose inventory or schedule is included among the at least one seller inventory or schedule.

4. The method of claim 3, wherein the individual seller comprises the particular seller for whom the plurality of offers are optimized.

5. The method of claim 1, further comprising providing a suggestion to one of the plurality of buyers of a comparable product or service with respect to the product or service and/or a complementary product or service with respect to the product or service.

6. The method of claim 5, wherein providing the suggestion comprises providing the suggestion in response to at least one of acceptance of an offer from the one of the plurality of buyers by an individual seller whose inventory or schedule is included among the at least one seller inventory or schedule and rejection of the offer by the individual seller.

7. The method of claim 1, wherein the plurality of offers from the plurality of respective buyers comprise a plurality of unconditional offers from the plurality of respective buyers.

8. An electronic exchange for facilitating a buyer-driven transaction, comprising:

an electronic order book configured to receive an offer from a buyer to purchase a product or service at a buyer-determined price, and to receive an acceptance of the offer from an individual seller;

an inventory processor configured to search seller inventory data or seller capacity data to match the offer with at least one seller inventory or seller schedule that includes the product or service, wherein an inventory or schedule of the individual seller is included among the at least one seller inventory or seller schedule; and

a demand analytics processor configured to determine whether to make the offer available to a particular seller after the inventory processor matches the offer with the particular seller, based on a demand analytics preference for the product or service, wherein the demand analytics processor is further configured to adjust whether the offer is made available to the particular seller and/or how the offer is communicated to the particular seller in response to an adjustment by the particular seller of the demand analytics preference for the product or service.

9. The electronic exchange of claim 8, wherein the demand analytics preference for the product or service comprises a preference with respect to at least one of profit margin for the particular seller with respect to the product or service at the buyer-determined price and a comparison of the offer with at least one other offer for the product or service.

10. The electronic exchange of claim 8, wherein the adjustment is entered via a user interface of an electronic device of the particular seller.

11. The electronic exchange of claim 8, wherein the demand analytics processor is further configured to determine a suggestion for the buyer of a comparable product or service with respect to the product or service and/or a complementary product or service with respect to the product or service.

12. The electronic exchange of claim 11, wherein the demand analytics processor is further configured to provide the suggestion to the buyer in response to at least one of acceptance of the offer by the individual seller, rejection of the offer by the particular seller, and failure of the buyer to make the offer within a threshold time period.

13. The electronic exchange of claim 8, wherein the individual seller comprises the particular seller having the demand analytics preference for the product or service.

14. The electronic exchange of claim 8, wherein the offer from the buyer comprises an unconditional offer.

15. A products or services demand analytics system, comprising:

a processor configured to determine whether to make an offer from a buyer to purchase a product or service at a buyer-determined price available to a seller of the product or service, based on a demand analytics preference of the seller for the product or service, wherein the processor is further configured to adjust whether the offer is made available to the seller and/or how the offer is communicated to the seller in response to an adjustment by the seller of the demand analytics preference for the product or service.

16. The products or services demand analytics system of claim 15, wherein the demand analytics preference for the product or service comprises a preference with respect to at least one of profit margin for the seller with respect to the product or service at the buyer-determined price and a comparison of the offer with at least one other offer for the product or service.

17. The products or services demand analytics system of claim 16, wherein the comparison of the offer with at least one other offer for the product or service comprises ranking the offer and the at least one other offer.

18. The products or services demand analytics system of claim 15, wherein the processor is further configured to determine a suggestion for the buyer of a comparable product or service with respect to the product or service and/or a complementary product or service with respect to the product or service.

19. The products or services demand analytics system of claim 15, wherein the processor is further configured to determine real-time demand information for the product or service and to provide the real-time demand information to the seller.

20. The products or services demand analytics system of claim 19, wherein the real-time demand information comprises a plurality of offers from a plurality of buyers for the product or service during a given time period and total profit and/or a total profit margin that would be realized by the seller upon acceptance of the plurality of offers.

21. The products or services demand analytics system of claim 20, wherein the processor is further configured to provide the seller with an option to accept all of the plurality of offers with a single selection of an acceptance button.

22. The products or services demand analytics system of claim 15, wherein the offer from the buyer comprises an unconditional offer.