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Identifying incentives for a qualified buyer

  • US 8,290,824 B1
  • Filed: 08/06/2001
  • Issued: 10/16/2012
  • Est. Priority Date: 05/12/1999
  • Status: Expired due to Fees
First Claim
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1. A non-transitory computer readable storage medium that stores instructions executable by a processor to perform a method to identify an extra incentive for a qualified buyer, the method comprising:

  • publically presenting an offer for an item, the item comprising a product or service, wherein the offer includes a single discounted price for the item and is contingent on a minimum quantity of orders for the item being received prior to a known and specified time;

    aggregating orders for the item from a set of buyers;

    determining that the minimum quantity of orders for the item has been satisfied; and

    identifying an extra incentive for a qualified buyer from the set of buyers, wherein the extra incentive is provided to the qualified buyer by way of a private account and is contingent upon satisfaction of the minimum quantity of orders for the item prior to the known and specified time.

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