Patent · US Active

System and method for selling perishable products

US7720708B1 · kind B1 · utility

63Cited by
1References
46Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 26, 2007
Grant dateMay 18, 2010
Priority date
Expiry dateFeb 26, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0222
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An exemplary system and method are provided to sell a plurality of limited perishable products. The method may include offering to sell the first perishable product at first defined conditions that include an initial price and a minimum refund schedule; or an initial price, an incentive relative to another offer to sell the product, and a purchaser agreement to receive a directed offer. The method may include receiving an acceptance from a first purchaser; and making the first perishable product again available for sale if a first refund opportunity is exercised by purchaser. The method may include determining and offering a directed offer related to the first perishable product that may include a hold incentive or a release incentive option. The method may continue for additional products of the limited perishable products that are of the same (or similar) type and each having the same (or similar) expiration date.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.