System and method for availability-based limited-time offerings and transactions
US7599858B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 15, 2004 |
| Grant date | Oct 6, 2009 |
| Priority date | — |
| Expiry date | Jun 15, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0631
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
System and method for availability based on limited-time offerings and transactions. One embodiment of the present invention provides a system and method that, based on a set of known preferences and historic transactions with customers, culls from a customer database those customers most likely to close a transaction in a short time. The selected customers are notified of the offer, and the system processes the customers responses in a timely manner, and thus allow fleeting inventories to be sold off before they expire.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.