Walker Digital, LLC

Groupon, Inc.

Kathleen M Van Luchene

Jay S Walker

James Jorasch

Daniel E Tedesco

Magdalena Mik Fincham

Russell Pratt Sammon

Andrew P Golden

Keith Bemer

Peter Kim

Raymod J Mueller

Adam Ware

Raymond Jay Mueller

Andrew Stephen Van Luchene

Michiko Kobayashi

John C Caine

Ronald E Zepp, Ii

Robert J Anderson

According to one described embodiment, a method is provided in which transaction information is determined. The transaction information is associated with (i) a buyer who has arranged to purchase a product from a central controller at a first price established between the buyer and the central controller and (ii) a merchant that offers the product for sale at a second price, different from the first price, without offering the product for sale to buyers at the first price. Information is transmitted that facilitates the acquisition of the product by the buyer, in exchange for payment provided by the buyer to the central controller. An amount based on the second price is provided to the merchant.

Retail system for selling products based on a flexible product description

One or more proxy bidders is associated with a rule which determines a time to place a bid. The proxy bidder places a bid at the determined time, instead of immediately after the bidder's prior bid is exceeded. Such rules may be selected for all proxy bidders to encourage a desired auction behavior. By controlling the placement of bids based on rules associated with the desired auction behavior, bids may be placed in a manner that seems natural and competitive to bidders in the auction when, in fact, they are placed in accordance with the selected rules. The desired auction behavior may be selected statically for an auction or dynamically during the auction. Historical auction data maybe analyzed to characterize the behavior of an auction, such as the average period of time between bids and the average increment between bids. Rules may be generated to correspond to a behavior so as to provide the same average time and increment between bids.

Method, system and computer program product for facilitating an auction behavior and automatic bidding in an auction

A method is provided to facilitate a transaction between a seller and a buyer. Buyer information regarding a desired product is received. A controller then searches through a plurality of seller database records associated with products offered for sale by sellers, for a seller database record that corresponds to the buyer information. Based on the searching a determination is made that no seller database record corresponds to the buyer information. Upon determination that no seller database record corresponds to the buyer information the buyer submits additional information defining a commitment to purchase the product. This information indicating a quality associated with the desired product and a maximum price that the buyer commits to pay. After receiving this information a new seller database record is created with a specific product offered for sale by a specific seller that corresponds with the additional buyer information, and the buyer is automatically charged for the specific product. According to other embodiments, an appropriate item price is determined based on the seller offer information. According to another embodiment, a subsidy is determined, the subsidy being associated with a benefit from a subsidy provider to be applied to the transaction. In this case, it is arranged for the seller to provide the item to the buyer in accordance with the benefit. A seller offer and or a buyer offer may be binding, and a penalty may be applied if a seller and or a buyer does not complete a transaction.

Systems and methods for facilitating a transaction by matching seller information and buyer information

A system is provided in which a sale price is determined based on a product description, and the sale price is transmitted to a customer. The customer is not guaranteed what specific product will be sold to the customer before an agreement to purchase a product for the sale price is received from the customer. After receiving the agreement, a retailer selects a product conforming to the product description, and identifies the product to the customer. The retailer is able to evaluate a customer's individual demand based on the received description and to determine a sale price accordingly, thereby reducing losses associated with conventional single-price systems. Although this may result in different sale prices for an identical product, the system is perceived as fair because a higher-paying customer likely agreed to a different product description than a lower-paying customer, and neither would have agreed to the other's product description and sale price. The system also allows a retailer to mask product discounts by selecting undesirable redemption conditions under which to sell the product, such as pickup at a faraway location, even if the product is available at a closer location. As a result, the customer believes that the discount is attributable to the undesirable redemption conditions, rather than to the product quality or to decreased demand. Accordingly, price and brand dilution are minimized.

In accordance with the present invention, a controller such as a cable television company receives a survey including survey questions from a client desiring to have a survey conducted. The controller creates respondent questions based on the survey questions. The controller also selects one or more respondents from a group of respondents requesting to participate in a survey. The respondent questions are transmitted to the selected respondents via a television transmission network, e.g., a cable television transmission network. Responses corresponding to the respondent questions are received. The controller applies an inconsistency test to the responses to generate an inconsistency test result. The inconsistency test determines if the responses originate from computers or humans not paying attention to the questions. Based on the inconsistency test result, a fraud signal may be generated. The fraud signal may result in several actions, such as the controller ignoring the responses received from the corresponding respondent, reducing or eliminating payment to the respondent, transmitting a message of reprimand to the respondent, and/or barring the respondent from future participation in surveys.

Method and apparatus for administering a survey via a television transmission network

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Santa Fe, NM, United States of America

Kathleen M Van Luchene