Multiple criteria buying and selling model

• US 8,972,287 B1
• Filed: 02/22/2010
• Issued: 03/03/2015
• Est. Priority Date: 06/03/1991
• Status: Active Grant

• Current Assignee: Valentine Communications LLC
• Original Assignee: Ewinwin Incorporated
• Inventors: Mesaros, Gregory J.
• Primary Examiner(s): RUDY, ANDREW J
• Application Number:
  US12/710,095
• Time in Patent Office: 1,835 Days
• Field of Search: 705/26.1, 705/26.2, 705/26.4, 705/268, 705/26.8, 705/1.1, 705/7.32, 709/208, 709/223
• US Class Current: 705/26.4
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0605 Supply or demand aggregation
• CPC Class Codes: G06Q 30/0615 Anonymizing

Abstract

A system and method for aggregating demand is provided. At least one seller may sponsor a deal room to aggregate selling goods/services from a plurality of buyers. The demand aggregation system can include a dashboard for allowing the at least one seller to set up DealRooms, price curves, offers, products, customers, and/or customer groups, for example. The dashboard can include a plurality of wizards for configuring such information. The demand aggregation system can also include seller displays for notifying buyers of changes in prices relative to ship dates and times of order. The demand aggregation system can also include a predictive modeling and reporting function. An algorithm is employed to utilize product information to post a probability chart on a product price point.

Claims

1. A method for conducting business transactions, the method comprising:

executing instructions stored in memory, the instructions executed by a processor to offer a plurality of deals for at least one of a product and service offered by at least one seller, wherein each of the plurality of deals is based on a plurality of criteria defined by the seller;

receiving, over a communications network, information corresponding to a plurality of buying criteria for a buyer for the at least one of a product and service; and

executing instructions stored in memory, the instruction executed by a processor to display a list of deals from amongst the plurality of deals that match the buying criteria of the buyer.

2. The method of claim 1, wherein each of the plurality of selling criteria includes an offering criteria that defines the limits of each of the plurality of selling criteria defined by the seller.

3. The method of claim 2, wherein each of the plurality of buying criteria includes an ordering criteria that defines the limits of each of the plurality of buying criteria.

4. The method of claim 3, wherein the list of deals from amongst the plurality of deals that match the buying criteria of the buyer are the deals that the ordering criteria of the buyer match the offering criteria of the seller.

5. The method of claim 4, wherein the seller can add additional selling criteria to each of the plurality of deals.

6. The method of claim 1, wherein each of the plurality of buying criteria includes an order criteria that defines the limits of each of the plurality of buying criteria.

7. The method of claim 6, wherein the list of deals from amongst the plurality of deals that match the buying criteria are the deals that match the ordering criteria of the buyer.

8. A method of conducting a business transaction, the method comprising:

electronically offering a plurality of deals on at least one of a product and service for sale, each of said plurality of deals being based on different offering criteria than each other of said plurality of deals;

electronically searching the deals based on the product for sale based on a plurality of ordering criteria;

outputting a list of deals from the plurality of deals where offering criteria matches the ordering criteria; and

receiving a selection of one of the deals from the list of deals where offering criteria matches the ordering criteria.

9. A method for conducting a business transaction, the method comprising:

executing instructions stored in memory, the instructions executed by a processor to offer a plurality of deals for at least one of a product and service offered by at least one seller;

receiving a plurality of selling criteria by a seller for the at least one of a product and service; and

executing instructions stored in memory, the instruction executed by a processor to display a list of deals from amongst the plurality of deals that match the selling criteria of the seller.