Method, System, and Apparatus for Facilitating Transactions Between Sellers and Buyers for Travel Related Services

• US 20090287596A1
• Filed: 07/16/2008
• Published: 11/19/2009
• Est. Priority Date: 05/15/2008
• Status: Abandoned Application

• Current Assignee: Alex Henriquez Torrenegra
• Original Assignee: Alex Henriquez Torrenegra
• Inventors: Torrenegra, Alex Henriquez
• Application Number:
  US12/174,391
• Publication Number:
  US 20090287596A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system for facilitating transactions between sellers and buyers for travel related services. The system includes a database which stores data associated with a plurality of sellers, and a server operably coupled to the database. A buyer interacts with the server to define and submit a request for one or more travel related services. The system uses matching logic to analyze the database to select a set of sellers whose services and other associated data best match the request, and invites the set of sellers to submit offers corresponding to the request. The system communicates offers received by the set of sellers to the buyer and facilitates communications and transactions between the sellers and the buyer.

Claims

1. A method for facilitating transactions between sellers and buyers for travel related services, comprising:

(a) providing a database that stores data associated with a plurality of sellers, the data representing, for each respective seller, i) at least one geographical reference and ii) travel-related services offered by the respective seller at the at least one geographical reference;

(b) providing a server that is capable of interaction with buyers over a communication network, the server operably coupled to the database;

(c) a buyer interacting with the server to define and submit a request, the request specifying at least one geographical reference and at least one travel related service;

(d) in response to submission of said request, initiating an automatic process on the server that analyzes said database to select a set of sellers that match said request; and

(e) automatically communicating a message from the server to at least one seller of the set of sellers selected in (d), the message including an invitation for submission of at least one offer corresponding to said request.

2. The method according to claim 1, further comprising:

(f) receiving at the server at least one offer corresponding to said request and communicated from a seller to whom an invitation was communicated in (e).

3. The method according to claim 1, wherein:

said providing of said database in step (a) includes inputting into said database information associated with at least one seller, said inputting done manually or automatically.

4. The method according to claim 1, wherein:

said request includes at least one of an originating city, a destination city, an arrival date, and a return date.

5. The method of claim 1, wherein:

said request includes at least one of a number ‘

i’ and

a special instructions entry, ‘

i’

representing the number of people traveling.

6. The method of claim 1, wherein:

said request includes at least one ideal traveling date and at least one second choice traveling date.

7. The method of claim 1, wherein:

said defining and submitting of said request in (c) includes selecting at least one category of said travel related services represented in said data.

8. The method of claim 7, wherein:

said at least one category includes at least one of lodging, air travel, ground transportation, tours, cruises, vacation packages, and activities.

9. The method of claim 2, further comprising:

repeating (d), (e), and (f) during a bidding process on the server.

10. The method of claim 9, wherein:

during said bidding process, a given seller of said at least one seller to whom invitations were communicated in (e) may view all offers submitted to the server corresponding to said request.

11. The method of claim 9, wherein:

said bidding process includes a number of processing cycles.

12. The method of claim 9, wherein:

said bidding process is an on-line auction.

13. The method of claim 2, further comprising:

(g) communicating the at least one offer received at the server in (f) to said buyer.

14. The method of claim 13, wherein:

said communicating in (g) includes presenting to said buyer a single graphical user interface that enables said buyer to compare all offers received at the server and corresponding to said request.

15. The method of claim 13, further comprising:

(h) providing said buyer with the ability to interact with said server to select a particular offer received at the server in (f).

16. The method of claim 15, further comprising:

(i) facilitating a transaction through the server between said buyer and the seller of the particular offer selected in (h).

17. The method of claim 15, further comprising:

(j) providing said buyer with identity and contact information for the seller of the particular offer selected in (h).

18. The method of claim 1, wherein:

said communicating in (e) includes sequentially inviting said at least one seller to submit offers until said buyer has received a predetermined number of offers.

19. The method of claim 18, wherein:

said predetermined number of offers is a fixed value.

20. The method of claim 18, wherein:

said buyer determines the predetermined number of offers.

21. The method of claim 1, wherein:

said communicating in (e) includes notifying and inviting said at least one seller to submit additional offers when at least one of the following occurs;

(i) a new offer is submitted to said server and

(ii) an existing offer corresponding to said request is modified.

22. The method of claim 1, wherein:

said automatic process in (d) includes employing a sequence criteria to select said set of sellers that match said request.

23. The method of claim 22, wherein:

said automatic process in (d) includes assigning a corresponding rank to each seller of the set of sellers that match said request, said corresponding rank calculated from at least one relevancy index.

24. The method of claim 23, wherein:

said communicating in (e) includes utilizing the corresponding rank of each seller of the set of sellers to determine which of the set of sellers to first invite to submit offers.

25. The method of claim 23, wherein:

said communicating in (e) includes inviting said set of sellers in order of corresponding rank.

26. The method of claim 23, wherein:

said at least one relevancy index includes at least one of an originating city index, a destination city index, an arrival date index, and a return date index.

27. The method of claim 23, wherein:

said at least one relevancy index includes a party number index.

28. The method of claim 23, wherein:

said at least one relevancy index includes a special instructions index.

29. The method of claim 23, wherein:

said at least one relevancy index includes a travel dates index.

30. The method of claim 23, wherein:

said at least one relevancy index includes at least one price index.

31. The method of claim 23, wherein:

said at least one relevancy index includes a travel services index.

32. The method of claim 31, wherein:

said travel services index includes at least one of an air travel index, a gound transportation index, a lodging index, a tours index, a cruises index, and a vacation packages index.

33. The method of claim 31, wherein:

said relevancy index includes a minimum qualifications index for sellers.

34. The method of claim 31, wherein:

said relevancy index includes a minimum qualifications index for buyers.

35. The method of claim 31, wherein:

said relevancy index includes a feedback rating index for sellers.

36. The method of claim 31, wherein:

said relevancy index includes a feedback rating index for buyers.

37. The method of claim 1, wherein:

said communicating in (e) includes said buyer selecting and inviting other sellers from said database to submit offers through said server corresponding to said request.

38. The method of claim 1, wherein:

said communicating in (e) includes said buyer inviting additional sellers not listed in said database to submit offers through said server corresponding to said request.

39. The method of claim 1, wherein:

said receiving in (f) includes a given seller invited in (e) linking an existing offer in said database corresponding to a different request to the request submitted by said buyer, whereby said given seller may submit said existing offer for consideration with regard to multiple requests submitted by one or more buyers.

40. The method of claim 1, wherein:

said defining and submitting of said request in (c) includes said buyer selecting information corresponding to said buyer to hide from a given seller.

41. The method of claim 13, wherein:

said communicating in (g) includes hiding information concerning the seller of the particular offer communicated to the buyer in (g) from the buyer.

42. The method of claim 1, wherein:

said submitting of said request in (d) includes said buyer providing credit card information with said request.

43. The method of claim 1, wherein:

said submitting of said request in (d) includes said buyer depositing a fee through said server.

44. The method of claim 43, wherein:

said fee is refundable to said buyer.

45. The method of claim 1, wherein:

said submitting of said request in (d) includes said buyer submitting a conditional purchase order.

46. The method of claim 1, wherein:

said buyer is an agent representing a third party purchaser.

47. The method of claim 1, wherein:

a given seller of said plurality of sellers in said database may select a matching option whereby said given seller is matched with at least one buyer based on criteria specified by said given seller and on at least one likelihood index corresponding to said at least one buyer.

54. The method of claim 23, wherein:

said relevancy index includes a commissions index for sellers.

55. The method of claim 13, wherein:

said communicating in (g) includes hiding information concerning the seller of the particular offer communicated to the buyer in (g) from other of said set of sellers selected in (d).

56. The method of claim 1, wherein:

said request includes at least one flexible traveling date.

57. The method of claim 1, wherein:

said at least one geographical reference includes at least one of a city, a zip code, an airport code, a landmark, an event, a latitude, a longitude, and a radial distance.

48. An apparatus for facilitating transactions between sellers and buyers for travel related services, the transactions related to a request, the apparatus comprising:

a database that stores data associated with a number of sellers, the data representing, for each respective seller, i) at least one geographical reference and ii) travel-related services offered by the respective seller at the at least one geographical reference;

means for interacting with a buyer over a communication network to specify said request and store data related to said request in said database;

logic that performs an automated process for selecting a set of sellers that match said request from said number of sellers stored in said database;

means for communicating with said set of sellers and inviting said set of sellers to submit offers corresponding to said request; and

means for receiving offers from said set of sellers corresponding to said request and storing said offers in said database;

49. The apparatus of claim 48, further comprising:

means for communicating the offers corresponding to said request and received from said set of sellers to said buyer.

50. The apparatus of claim 49, wherein:

said means for interacting with said buyer over the communication network to specify said request includes said buyer indicating a target number of offers that said buyer wishes to receive in response to said request, and

wherein the number of sellers selected to form said set of sellers is determined from said target number.

51. The apparatus of claim 49, wherein:

said request includes at least one requirement, and said logic that performs said automated process calculates a rank corresponding to each seller in said set of sellers, said rank based on a similarity analysis between said at least one requirement of said request and the data that is associated with each seller of said set of sellers stored in said database.

52. The apparatus of claim 51, wherein:

said means for communicating with and inviting said set of sellers includes a bidding process conducted on said communication network.

53. The apparatus of claim 48, further comprising:

means for presenting to said buyer said offers received from said set of sellers corresponding to said request.