WO2000049546A3 - Method for allocating business to a priority seller in an electronic commerce system - Google Patents

Method for allocating business to a priority seller in an electronic commerce system Download PDF

Info

Publication number
WO2000049546A3
WO2000049546A3 PCT/US2000/004064 US0004064W WO0049546A3 WO 2000049546 A3 WO2000049546 A3 WO 2000049546A3 US 0004064 W US0004064 W US 0004064W WO 0049546 A3 WO0049546 A3 WO 0049546A3
Authority
WO
WIPO (PCT)
Prior art keywords
cpo
priority
satisfy
another embodiment
buyer
Prior art date
Application number
PCT/US2000/004064
Other languages
French (fr)
Other versions
WO2000049546A2 (en
Inventor
Jay S Walker
Thomas M Sparico
Robert S Wisse
Original Assignee
Priceline Com Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from US09/252,574 external-priority patent/US7516089B1/en
Application filed by Priceline Com Inc filed Critical Priceline Com Inc
Priority to EP00910216A priority Critical patent/EP1236133A4/en
Priority to JP2000600214A priority patent/JP2002537606A/en
Priority to KR1020017010346A priority patent/KR20020005588A/en
Priority to AU32345/00A priority patent/AU3234500A/en
Publication of WO2000049546A2 publication Critical patent/WO2000049546A2/en
Publication of WO2000049546A3 publication Critical patent/WO2000049546A3/en
Priority to HK02107408.9A priority patent/HK1045898A1/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/02—Marketing; Price estimation or determination; Fundraising
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions

Abstract

A system and method for allocating conditional purchase offers (CPO's) among a plurality of agency-based and broadcast-based sellers in a buyer-driven commerce system. In one embodiment, the system determines which agency-based or broadcast-based sellers can fulfill or satisfy the CPO and orders those sellers in a priority order (703). In another embodiment, the priority is determined by relative market share and number of recent opportunities to satisfy a CPO. In another embodiment, priority is also determined by metrics and buyer information. In another embodiment, the priority is determined randomly. The system ensures that when a buyer can satisfy the CPO at multiple prices levels, the highest price level fulfills the CPO. This ensures maximum seller revenue for each CPO.
PCT/US2000/004064 1999-02-18 2000-02-17 Method for allocating business to a priority seller in an electronic commerce system WO2000049546A2 (en)

Priority Applications (5)

Application Number Priority Date Filing Date Title
EP00910216A EP1236133A4 (en) 1999-02-18 2000-02-17 System and method for allocating business to one of a plurality of sellers in a buyer driven electronic commerce system
JP2000600214A JP2002537606A (en) 1999-02-18 2000-02-17 How to assign business to preferred sellers in e-commerce systems
KR1020017010346A KR20020005588A (en) 1999-02-18 2000-02-17 System and method for allocating business to one of a plurality of sellers in a buyer driven electronic commerce system
AU32345/00A AU3234500A (en) 1999-02-18 2000-02-17 System and method for allocating business to one of a plurality of sellers in a buyer driven electronic commerce system
HK02107408.9A HK1045898A1 (en) 1999-02-18 2002-10-10 System and method for allocating business to one of a plurality of sellers in a buyer driven electronic commerce system

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US09/252,574 US7516089B1 (en) 1996-09-04 1999-02-18 System and method for allocating business to one of a plurality of sellers in a buyer driven electronic commerce system
US09/252,574 1999-02-18

Publications (2)

Publication Number Publication Date
WO2000049546A2 WO2000049546A2 (en) 2000-08-24
WO2000049546A3 true WO2000049546A3 (en) 2001-04-19

Family

ID=22956592

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2000/004064 WO2000049546A2 (en) 1999-02-18 2000-02-17 Method for allocating business to a priority seller in an electronic commerce system

Country Status (7)

Country Link
EP (1) EP1236133A4 (en)
JP (1) JP2002537606A (en)
KR (1) KR20020005588A (en)
CN (1) CN1337027A (en)
AU (1) AU3234500A (en)
HK (1) HK1045898A1 (en)
WO (1) WO2000049546A2 (en)

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
FR2828369B1 (en) 2001-07-31 2003-11-28 Thomson Licensing Sa METHOD FOR RECEIVING AUDIOVISUAL PROGRAMS PROPOSED BY USERS, TERMINAL AND SERVER FOR IMPLEMENTING THE METHOD
CA2686265A1 (en) 2003-06-17 2004-12-17 Ibm Canada Limited - Ibm Canada Limitee Multiple identity management in an electronic commerce site
KR101253646B1 (en) * 2011-01-12 2013-04-11 주식회사 인포스케이프 Goods purchase agent system
JP6806508B2 (en) * 2015-09-15 2021-01-06 英明 松山 Mediation system and method

Citations (6)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5101353A (en) * 1989-05-31 1992-03-31 Lattice Investments, Inc. Automated system for providing liquidity to securities markets
EP0512702A2 (en) * 1991-05-03 1992-11-11 Reuters Limited Automated currency trade matching system with integral credit checking
US5640390A (en) * 1993-07-05 1997-06-17 Victor Compay Of Japan, Ltd. Wireless communication network system
WO1998010361A1 (en) * 1996-09-04 1998-03-12 Priceline.Com Incorporated Conditional purchase offer management systems
US5758328A (en) * 1996-02-22 1998-05-26 Giovannoli; Joseph Computerized quotation system and method
US5822737A (en) * 1996-02-05 1998-10-13 Ogram; Mark E. Financial transaction system

Patent Citations (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5101353A (en) * 1989-05-31 1992-03-31 Lattice Investments, Inc. Automated system for providing liquidity to securities markets
EP0512702A2 (en) * 1991-05-03 1992-11-11 Reuters Limited Automated currency trade matching system with integral credit checking
US5640390A (en) * 1993-07-05 1997-06-17 Victor Compay Of Japan, Ltd. Wireless communication network system
US5822737A (en) * 1996-02-05 1998-10-13 Ogram; Mark E. Financial transaction system
US5758328A (en) * 1996-02-22 1998-05-26 Giovannoli; Joseph Computerized quotation system and method
WO1998010361A1 (en) * 1996-09-04 1998-03-12 Priceline.Com Incorporated Conditional purchase offer management systems
US5794207A (en) * 1996-09-04 1998-08-11 Walker Asset Management Limited Partnership Method and apparatus for a cryptographically assisted commercial network system designed to facilitate buyer-driven conditional purchase offers

Non-Patent Citations (6)

* Cited by examiner, † Cited by third party
Title
DATABASE BUSINESS & INDUSTRY [online] ANONYMOUS: "Another reason to love those affluent customers", XP002935378, Database accession no. 02525239 *
DATABASE GALE GROUP TRADE (148) [online] February 1986 (1986-02-01), HENSLEY H.G.: "I will take Juarez", XP002950624, accession no. DIALOG Database accession no. 04121341 *
GIBSON R. ET AL.: "Marketing: Fast-food chains hope diner swallow new 'Value' menu of higher-priced items", THE WALL STREET JOURNAL, 13 March 1992 (1992-03-13), pages B1, XP002935377 *
JEWELERS' CIRCULAR-KEYSTONE, vol. CLXX, no. 7, July 1999 (1999-07-01), pages 64 *
See also references of EP1236133A4 *
TRAVEL WEEKLY, vol. 45, pages 7 - 10 *

Also Published As

Publication number Publication date
AU3234500A (en) 2000-09-04
EP1236133A2 (en) 2002-09-04
EP1236133A4 (en) 2005-11-09
JP2002537606A (en) 2002-11-05
CN1337027A (en) 2002-02-20
KR20020005588A (en) 2002-01-17
HK1045898A1 (en) 2002-12-13
WO2000049546A2 (en) 2000-08-24

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