Web price optimizer of multiple-item package orders for e-commerce on the internet and method of use
US7058598B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 30, 2000 |
| Grant date | Jun 6, 2006 |
| Priority date | — |
| Expiry date | Apr 30, 2020 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0641
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Disclosed is an Internet-based method that enables users to search and browse for information (such as price) about a plurality of items (such as books) available for sale on the Internet, compare prices for the items individually or considered as a package, and optimize the package price. In a preferred embodiment, the invention searches for the lowest price and second lowest price for the desired items from Internet Web sites and databases, records the data in two matrices, and employs algorithms that implement certain set operations, including Cartesian product and set union, to optimize the result for all items.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.