The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 29, 2014
Filed:
Sep. 08, 2011
Tom Van Horn, Bellevue, WA (US);
Dale A. Woodford, Redmond, WA (US);
Richard A. Halbert, Redmond, WA (US);
Kevin Dean Wampler, Bellevue, WA (US);
Tom Van Horn, Bellevue, WA (US);
Dale A. Woodford, Redmond, WA (US);
Richard A. Halbert, Redmond, WA (US);
Kevin Dean Wampler, Bellevue, WA (US);
Intellectual Ventures Holding 79 LLC, Las Vegas, NV (US);
Abstract
A method and system are provided that enable buyers and sellers to communicate with each other and to negotiate the purchase terms of featured merchandise in a group-buying opportunity. Sellers and buyers may use various forms of on-line group-buying mechanisms in conjunction with the negotiation features of the invention. Buyers may send various inquiries to sellers regarding merchandise offered for sale through the online group-buying sale. Sellers may respond to buyer questions and queries, and in some instances, sellers may communicate instructions to the on-line group-buying mechanism to alter the course of an on-line group-buying sale in progress, e.g., a further reduction in price. The method and system further provides a mechanism for calculating a demand curve based on received buyer offers and applying the demand curve to an on-line group-buying sale.