Patent · US Active

Purchaser value optimization system

US8762160B2 · kind B2 · utility

94Cited by
7References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMar 23, 2005
Grant dateJun 24, 2014
Priority date
Expiry dateDec 11, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q10/02
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A purchasing system includes a master server linking to a product and service inventory database. A query and response coordination database is hosted on the master server and includes a customer profiles database, a loyalty program rules database, and a purchase rules dataset. The coordination database receives a purchase request query, extracts purchase data elements from the received purchase request query, uses purchase rules from the rules dataset, applying the extracted purchase data elements to form a purchase query, applies the purchase query to the inventory database to determine available product and service inventory that satisfy the purchase request query, available product and service inventory that satisfy the purchase request query being identified as purchase options, receives purchase options from the inventory database, determines a total rewards benefit and creates a file for sending via the network to the purchaser's computer to display the query response.

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