Electronic commerce system

• US 8,554,591 B2
• Filed: 07/06/2009
• Issued: 10/08/2013
• Est. Priority Date: 04/01/1998
• Status: Expired due to Fees

• Current Assignee: Soverain Software LLC
• Original Assignee: Soverain Software LLC
• Inventors: Reistad, Brian J., O'Toole, Jim W., Priyadarshan, Eswar, Payne, Andrew C., Mitchell, Michael P., Vieira, Durval M., Stewart, Larry C.
• Primary Examiner(s): Nigh, James D
• Application Number:
  US12/497,805
• Publication Number:
  US 20090307143A1
• Time in Patent Office: 1,555 Days
• Field of Search: 705/5, 705/7.11
• US Class Current: 705/5
• CPC Class Codes: G06Q 30/0222 During e-commerce, i.e. online transactions
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0603 Catalogue ordering
• CPC Class Codes: G06Q 30/0637 Approvals
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

An electronic commerce system includes a client computer and a server computer interconnected by a public packet switched communications network. The client computer is programmed to transmit to the server computer an order acceptance request that includes a plurality of terms or conditions of a proposed offer for a purchase, including multiple options of at least one of the terms or conditions of the offer. The server computer is programmed to process the order acceptance request based on pre-programmed criteria and, based on the processing of the order acceptance request, to transmit to the client computer an order acceptance response that includes a plurality of amendments to the proposed offer for the purchase, including selection of an option of the at least one of the terms or conditions. The processing of the order acceptance request is performed by a controller module that handles processing of the order acceptance request that is primarily not specific to a particular application of the electronic commerce system to which the order acceptance request pertains, and that initiates a plurality of calls to a plurality of plug-in modules. The server can handle fraud-avoidance processing of the order acceptance request. The server can initiate a call to a database of a virtual warehouse in which merchants store virtual inventories of items, to ensure that a sufficient virtual inventory exists for a purchase.

Claims

1. An electronic commerce system, comprising:

a virtual warehouse server configured to communicate over a network with a seller client and a buyer client, the virtual warehouse server being further configured to receive a product allocation from the seller client, the product allocation providing a set quantity of a product from the seller'"'"'s inventory that is available for purchase through the electronic commerce system, and storing the product allocation at the virtual warehouse server,

wherein the virtual warehouse server is further configured to;

receive, from the buyer client, a request to reserve the product and to check the product allocation to assure availability of the product being purchased,

make a reservation to buy, responsive to the request to reserve the product, against the product allocation, and

release the reservation to buy against the product allocation if the request to reserve the product is not followed by a confirmation of the reservation within a specified period of time.

2. The system of claim 1, wherein the virtual warehouse server is configured to receive communications from a web application to allocate inventory items.

3. The system of claim 2, wherein the virtual warehouse server is configured to automatically reserve one or more of the allocated inventory items for purchase in connection with the request to reserve the product.

4. The system of claim 3, wherein the one or more allocated inventory items are reserved for purchase for a fixed amount of time pending confirmation of the reservation.

5. The system of claim 4, wherein the reservation of the one or more allocated inventory items for purchase lapses if the reservation is not confirmed before expiration of the fixed amount of time.

16. The system of claim 1, wherein confirmation of the reservation comprises payment for the product.

6. A computer-implemented method of selling products in an electronic commerce system comprising buyer computers, at least one seller computer, and a virtual warehouse system computer coupled via a network, comprising:

receiving a product allocation from the seller computer at the virtual warehouse system computer, the product allocation providing a set quantity of a product from the seller'"'"'s inventory that is available for purchase through the electronic commerce system;

storing the product allocation at the virtual warehouse system computer;

receiving, from a buyer computer, a request to reserve the product and checking the product allocation at the virtual warehouse system computer to assure availability of the product to be purchased;

making a reservation to buy, responsive to the request to reserve the product against the product allocation at the virtual warehouse system computer; and

releasing the reservation to buy against the product allocation if the request to reserve the product is not followed by a confirmation of the reservation within a specified period of time.

7. The method of claim 6, wherein the product allocation is received over a computer network by the virtual warehouse computer system from a web application.

8. The method of claim 6, further comprising:

receiving a communication from the seller computer at the virtual warehouse to remove an identified number of products from allocation at the virtual warehouse system computer; and

updating the stored product allocation in response to the communication.

9. The method of claim 8, wherein products that are reserved cannot be removed by the seller computer while the reservation is pending.

10. The method of claim 6, wherein storing the product allocation comprises storing an online catalog of products for purchase through the electronic commerce system and wherein checking the product allocation comprises checking a seller allocation of inventory maintained at the virtual warehouse system to assure availability of the product, the method further comprising:

if the selected product is available for purchase, and the electronic commerce system receives the confirmation of the reservation within a specified period of time, then reducing the seller allocation of inventory maintained at the virtual warehouse system to indicate that less product is available for purchase through the electronic commerce system; and

periodically receiving updated seller allocation information and updating the seller allocation of inventory maintained at the virtual warehouse system to indicate the current availability of products available for purchase through the electronic commerce system.

11. The method of claim 10, wherein the updated seller allocation information is received from a web application.

12. The method of claim 6, wherein the electronic commerce system automatically reserves the selected product for purchase in response to the request to reserve the product.

13. The method of claim 12, wherein the selected product is reserved for the specified period of time in response to the request to reserve the product, pending receipt of the confirmation of the reservation.

14. The method of claim 13, wherein the reservation lapses if the confirmation of the reservation is not received before expiration of the specified period of time.

15. The method of claim 13, wherein a product that is reserved cannot be removed from the seller allocation of inventory by the updated seller allocation information.

17. The method of claim 6, wherein confirmation of the reservation comprises payment for the product.