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Methods and computer-readable storage devices for managing transactions with multiple broker affiliates

  • US 7,792,700 B2
  • Filed: 06/25/2003
  • Issued: 09/07/2010
  • Est. Priority Date: 06/25/2003
  • Status: Active Grant
First Claim
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1. A method of managing transactions with multiple broker affiliates, each broker affiliate having an affiliate computer and an affiliate database connected thereto, which method comprises the steps of:

  • providing a central exchange computer system including an exchange server and an exchange database connected thereto;

    connecting said exchange server to the affiliate computers of the broker affiliates via a distributed network;

    receiving at said central exchange computer system information corresponding to goods and/or services available for sale to customers by the broker affiliates by uploading information stored in the affiliate databases to said exchange database via said distributed network;

    storing in said exchange database the information corresponding to goods and/or services available for sale to customers by the broker affiliates and information concerning goods and/or services requested to purchase by customers;

    maintaining a rules set at said central exchange computer system for an originating broker affiliate to identify goods and/or services available from the originating broker affiliate for sale to customers which are to be sold directly by the originating broker affiliate to customers and which are to be posted on a website of the originating broker affiliate and to identify goods and/or services available from the originating broker affiliate for sale to customers by other broker affiliates which are to be posted on respective websites of the other broker affiliates and made available for sale to customers by the other broker affiliates, said rules set specifying transaction conditions with respect to goods and/or services available from the originating broker affiliate for sale to customers by other broker affiliates for transactions conducted via said distributed network and specifying posting conditions for posting goods and/or services identified by the originating broker affiliate as available for sale to customers by the other broker affiliates on the respective websites of the other broker affiliates;

    said broker affiliates controlling said rules set;

    conducting real-time transactions involving goods and/or services available for sale to customers by the broker affiliates via said distributed network;

    providing Internet (world wide web) access to said exchange server;

    providing a web page and linking the web page to said affiliate computers;

    providing a web-based bulletin board and access thereto by said broker affiliates;

    posting to said web-based bulletin board the information corresponding to goods and/or services available for sale to customers by the broker affiliates and the information concerning goods and/or services requested to purchase by customers through the central exchange computer system;

    preprogramming said central exchange computer system with said transaction conditions applicable to said broker affiliates for conducting transactions via said distributed network;

    conducting transactions with respect to goods and/or services available for sale to customers by the broker affiliates via said distributed network according to said preprogrammed conditions;

    managing transactions involving goods and/or services available from the originating broker affiliate for sale to customers by the other broker affiliates pursuant to said transaction conditions via a web inventory sharing function of the distributed network;

    reporting data with respect to transactions across said distributed network to said central exchange computer system;

    said distributed network handling transactions with respect to goods and/or services available for sale to customers by the broker affiliates and recording, reporting and storing data with respect to said transactions;

    providing a special order system enabling broker affiliates to sell non-inventory goods and/or services not in their possession;

    receiving via the distributed network purchase requests from customers for said non-inventory goods and/ or services;

    distributing via the distributed network purchase requests for said non-inventory goods and/ or services;

    sending a purchase request from a customer received by a selling broker affiliate to said exchange server via a web service;

    said exchange server parsing and building request documents;

    said exchange server sending said request back to said selling broker affiliate;

    said originating broker affiliate sending goods and/or services information to said exchange server concerning said request;

    said exchange server sending selling information concerning said goods and/or services to said customer;

    said customer confirming purchase to said exchange service;

    said exchange server sending a transaction confirmation to said customer; and

    said customer sending a transaction confirmation to said exchange server.

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