System and method for motivating submission of conditional purchase offers
First Claim
1. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
- receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition;
processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and
compensating said buyer if said conditional purchase offer is not accepted by a seller.
1 Assignment
0 Petitions
Accused Products
Abstract
A system and method are disclosed for encouraging buyers to submit CPOs to a CPO management system for a desired product. The CPO management system processes each received CPO to determine whether one or more sellers are willing to accept a given CPO. The disclosed CPO management system compensates buyers if the buyer'"'"'s conditional purchase offer is rejected, or expires before an acceptance is received. If a CPO is rejected by the sellers, or has expired before an acceptance is received, the CPO management system evaluates one or more stored compensation offers to determine if the buyer is eligible for rejection compensation. The compensation offers may optionally require that the conditional purchase offer satisfies one or more additional predefined eligibility criteria. If the predefined criteria is met, the rejection compensation is provided to the buyer. The rejection compensation can include, for example, (i) a cash award, (ii) a prize, or (iii) a coupon or credit that may be redeemed for a discount against future transactions, thereby encouraging future use.
539 Citations
71 Claims
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1. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (4, 5, 6, 7, 8, 9, 10)
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2. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; preventing said buyer from identifying an acceptable seller price; and compensating said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (11, 12)
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3. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if said conditional purchase offer is not accepted by a seller; and maintaining the anonymity of said seller until said conditional purchase offer is accepted.
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13. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; wherein said predefined criteria includes a minimum offer price. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23)
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14. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria.
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15. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and preventing said buyer from identifying an acceptable seller price. - View Dependent Claims (24, 25)
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16. A method of using a computer to compensate buyers who make conditional purchase offers, comprising:
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receiving, using a computer, a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and maintaining the anonymity of said seller until said conditional purchase offer is accepted.
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26. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensate said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (31, 32, 33, 34, 35, 36, 37)
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27. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; prevent said buyer from identifying an acceptable seller price; and compensate said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (28, 29)
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30. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensate said buyer if said conditional purchase offer is not accepted by a seller; and maintain the anonymity of said seller until said conditional purchase offer is accepted.
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38. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensate said buyer if an unaccepted conditional purchase offer meets predefined criteria; wherein said predefined criteria includes a minimum offer price. - View Dependent Claims (44, 45, 46, 47, 48, 49, 50)
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39. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensate said buyer if an unaccepted conditional purchase offer meets predefined criteria.
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40. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensate said buyer if an unaccepted conditional purchase offer meets predefined criteria; and prevent said buyer from identifying an acceptable seller price. - View Dependent Claims (41, 42)
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43. A system for compensating buyers who make conditional purchase offers, comprising:
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a memory device; and a processor in communication with said memory device, said processor configured to; receive a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; process said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensate said buyer if an unaccepted conditional purchase offer meets predefined criteria; and maintain the anonymity of said seller until said conditional purchase offer is accepted.
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51. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and means for compensating said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (56, 57, 58, 59, 60)
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52. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; means for preventing said buyer from identifying an acceptable seller price; and means for compensating said buyer if said conditional purchase offer is not accepted by a seller. - View Dependent Claims (53, 54)
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55. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; means for compensating said buyer if said conditional purchase offer is not accepted by a seller; and means for maintaining the anonymity of said seller until said conditional purchase offer is accepted.
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61. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and means for compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; wherein said predefined criteria includes a minimum offer price.
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62. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and means for compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria.
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63. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; means for compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and means for preventing said buyer from identifying an acceptable seller price.
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64. A system for compensating buyers who make conditional purchase offers, comprising:
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means for receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; means for processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; means for compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and means for maintaining the anonymity of said seller until said conditional purchase offer is accepted.
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65. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if said conditional purchase offer is not accepted by a seller.
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66. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; preventing said buyer from identifying an acceptable seller price; and compensating said buyer if said conditional purchase offer is not accepted by a seller.
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67. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if said conditional purchase offer is not accepted by a seller; and maintaining the anonymity of said seller until said conditional purchase offer is accepted.
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68. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; wherein said predefined criteria includes a minimum offer price.
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69. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition and a variable condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; and compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria.
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70. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and preventing said buyer from identifying an acceptable seller price.
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71. A computer device comprising:
a computer readable medium having computer readable program means embodied therein, said computer readable program means for; receiving a conditional purchase offer from a buyer for a product, said conditional purchase offer containing at least one buyer-defined condition; processing said conditional purchase offer to determine if said conditional purchase offer is accepted by a seller; compensating said buyer if an unaccepted conditional purchase offer meets predefined criteria; and maintaining the anonymity of said seller until said conditional purchase offer is accepted.
Specification