Company Filing History:
Years Active: 2005-2007
Title: Innovations by Jerome P Pache in Online Group-Buying Systems
Introduction
Jerome P Pache is an innovative inventor based in Seattle, WA, recognized for his contributions to online group-buying mechanisms. With a portfolio comprising two significant patents, Pache's inventions focus on enhancing consumer purchasing experiences through technology.
Latest Patents
Pache's latest patents include a method for an online group-buying sale with an increased value system. This invention allows specified prices for featured items, such as a fixed amount of $25 per month, and introduces an increasing incentive as more buyers join the sale. The innovative software facilitates buyer offers below a predetermined threshold, thereby fostering more enthusiastic participation and adjusting incentives accordingly.
Additionally, he developed a system and method for extending group buying throughout the internet, enabling partner sites to participate in product and service sales via a PowerBuy business method. Sellers can register products, and visitors to partner sites can link to multiple PowerBuys, enhancing demand aggregation. This invention includes a partner menu tree that allows partners to select products for display, thus streamlining the buying process.
Career Highlights
Jerome P Pache is associated with Vulcan Portals Inc., where he applies his inventive strategies to enhance marketplace dynamics. His professional journey is marked by a commitment to pioneering methods that engage consumers in collaborative buying experiences.
Collaborations
Working alongside talented professionals such as Tom Van Horn and Richard V Halbert, Pache collaborates with a team dedicated to advancing technology in the e-commerce realm. These partnerships demonstrate his ability to innovate and contribute effectively to collective goals.
Conclusion
Jerome P Pache's work in online group-buying systems showcases his inventive spirit and dedication to transforming consumer interactions. With his patents, he significantly enhances how buyers engage in the market, paving the way for a more interactive and rewarding purchasing experience.