Patent · US Active

Pricing and auctioning of bundled items among multiple sellers and buyers

US8041611B2 · kind B2 · utility

394Cited by
15References
5Claims
0Family size

Assignee

Inventors

Key dates

Filing dateNov 18, 2010
Grant dateOct 18, 2011
Priority date
Expiry dateNov 18, 2030

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.