Purchase coordinator for electronic commerce
US7496525B1 · kind B1 · utility
Inventor
Key dates
| Filing date | Mar 17, 2000 |
| Grant date | Feb 24, 2009 |
| Priority date | — |
| Expiry date | Dec 28, 2023 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0633
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of doing business on the internet by which the manufacturer maintains an on-line presence without bypassing and without alienating the retailer and the distributor such that the manufacturer, distributor and independent retailer all share in the profits of on-line sales. The method employs a purchase coordinator that provides participating retailers with web sites affiliated with the manufacturer. The purchase coordinator obtains product data and price data from the manufacturer, distributor and retailer; receives orders from internet customers; selects a distributor to fill the order; and processes a monetary transaction for the order such that the distributor, retailer, and the manufacturers are each credited with a sum representing their portion of the total value of the order according to the price data.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.