Pricing and auctioning of bundled items among multiple sellers and buyers
US7840447B2 · kind B2 · utility
Inventors
Key dates
| Filing date | Oct 30, 2008 |
| Grant date | Nov 23, 2010 |
| Priority date | — |
| Expiry date | Nov 2, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0641
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A number of sets of methods and apparatuses applicable to online shopping are disclosed. One set, “Bin Packing Methods with Approximate Membership”, includes methods in pricing and auctioning a bundle of items, some of which could belong to another bundle. Significantly, the membership of a bundle, during pricing and auction, could change. Another set, the “Shopping Console”, puts a structure into the online shopping experience, so that through one interface various shopping activities can be facilitated, including but not limited to researching, pricing, negotiation, group buying, and tracking of purchases. Still another set, “Flash Mob Shopping”, allows sellers and a (spontaneous) group of shoppers to connect on prices without requiring shoppers' hard commitments, and with sellers revealing only necessary price information.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.