Company Filing History:
Years Active: 2011-2018
Title: Shiao-bin Soong: Innovator in E-commerce and Dynamic Pricing
Introduction
Shiao-bin Soong is a prominent inventor based in Littleton, MA (US), known for his innovative contributions to the field of e-commerce and dynamic pricing. With a total of 11 patents to his name, Soong has made significant strides in developing systems that enhance online transactions and optimize business objectives for sellers.
Latest Patents
One of his latest patents focuses on "Group formation and dynamic pricing for E-commerce in social networks." This patent describes a system platform and associated methods for implementing online reverse auctions within a social network platform (SNP). The system allows buyers to initiate transactions while leveraging their network of friends, colleagues, and family members. Sellers can compete for buyers' business by providing dynamic, real-time pricing, optimizing their target parameters such as price, inventory levels, profit, revenue, and volume. Another notable patent is for a "System for and method of automatic optimizing quantitative business objectives of sellers (advertisers) with synergistic pricing, promotions, and advertisements." This invention aims to minimize expenditures while optimizing the allocation of advertising channels to achieve business objectives.
Career Highlights
Throughout his career, Shiao-bin Soong has demonstrated a commitment to innovation in the e-commerce sector. His work has not only advanced the technology behind online transactions but has also provided valuable tools for sellers to enhance their business strategies.
Collaborations
Soong has collaborated with notable professionals in his field, including Mukesh Chatter and Rohit Goyal. These collaborations have contributed to the development of his innovative patents and have fostered a dynamic environment for creativity and technological advancement.
Conclusion
Shiao-bin Soong's contributions to e-commerce and dynamic pricing reflect his dedication to innovation and technology. His patents serve as a testament to his expertise and vision in enhancing online transactions and optimizing business strategies.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.