Method and system for allocating and distributing royalty/commission payments to resellers/distributors
US6618706B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 1, 2000 |
| Grant date | Sep 9, 2003 |
| Priority date | — |
| Expiry date | Jul 17, 2021 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system, method and related apparatus are described for reducing channel conflict between a manufacturer's direct sales channel and an indirect sales channel of independent sellers. The method generally includes receiving customer orders from the sellers or on behalf of the sellers through the indirect sales channel and receiving customer orders directly through the direct sales channel. A defined portion of the revenue derived through the direct sales channel is allocated into a compensation pool. At the end of a distribution cycle, the compensation pool is distributed among a plurality of sellers in the indirect sales channel based on each seller's sales contribution.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.