WO2001057616A3 - System and method for dynamic price setting and facilitation of commercial transactions - Google Patents

System and method for dynamic price setting and facilitation of commercial transactions Download PDF

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Publication number
WO2001057616A3
WO2001057616A3 PCT/US2001/003582 US0103582W WO0157616A3 WO 2001057616 A3 WO2001057616 A3 WO 2001057616A3 US 0103582 W US0103582 W US 0103582W WO 0157616 A3 WO0157616 A3 WO 0157616A3
Authority
WO
WIPO (PCT)
Prior art keywords
components
transactions
customers
sale
facilitates
Prior art date
Application number
PCT/US2001/003582
Other languages
French (fr)
Other versions
WO2001057616A2 (en
Inventor
Steve Litzow
Rebel Rice
William Addington
Original Assignee
Xpenswise 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 US09/714,853 external-priority patent/US7072858B1/en
Application filed by Xpenswise Com Inc filed Critical Xpenswise Com Inc
Priority to AU2001236642A priority Critical patent/AU2001236642A1/en
Publication of WO2001057616A2 publication Critical patent/WO2001057616A2/en
Publication of WO2001057616A3 publication Critical patent/WO2001057616A3/en

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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

Abstract

The present invention provides methods and systems for defining commercial transaction components; defining rules for mapping customer transactions into individual components; market segmentation in light of these individual definitions and bundling individual components of an offer into optimized packages for presentation and sale. A data processing system in accordance with one embodiment of the present invention, examines the commercial behavior of enrolled customers (111), breaks each of the constituent transactions into purchases of atom-level components; catalogues those components (113); extracts demographic information from transactions and other sources; facilitates demographic studies of groups of such customers (116); optimizes offerings to such groups (118); and facilitates the consummation of those offers of sale (119). The processing system may also facilitate customers fiscal management through the communication of data necessary to practice the instant invention.
PCT/US2001/003582 2000-02-04 2001-02-02 System and method for dynamic price setting and facilitation of commercial transactions WO2001057616A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2001236642A AU2001236642A1 (en) 2000-02-04 2001-02-02 System and method for dynamic price setting and facilitation of commercial transactions

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US18036300P 2000-02-04 2000-02-04
US60/180,363 2000-02-04
US09/714,853 US7072858B1 (en) 2000-02-04 2000-11-15 System and method for dynamic price setting and facilitation of commercial transactions
US09/714,853 2000-11-15

Publications (2)

Publication Number Publication Date
WO2001057616A2 WO2001057616A2 (en) 2001-08-09
WO2001057616A3 true WO2001057616A3 (en) 2002-03-07

Family

ID=26876239

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/003582 WO2001057616A2 (en) 2000-02-04 2001-02-02 System and method for dynamic price setting and facilitation of commercial transactions

Country Status (2)

Country Link
AU (1) AU2001236642A1 (en)
WO (1) WO2001057616A2 (en)

Families Citing this family (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20230084026A1 (en) * 2004-11-19 2023-03-16 Allstate Insurance Company Systems and methods for customizing option packages
RU2673399C1 (en) * 2017-09-07 2018-11-26 Олег Александрович Серебренников Method of preserving savings purchasing ability
US20230040315A1 (en) * 2021-08-05 2023-02-09 Ebay Inc. Techniques for automated review-based insights

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
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
US6078892A (en) * 1998-04-09 2000-06-20 International Business Machines Corporation Method for customer lead selection and optimization
US6236977B1 (en) * 1999-01-04 2001-05-22 Realty One, Inc. Computer implemented marketing system

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
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
US6078892A (en) * 1998-04-09 2000-06-20 International Business Machines Corporation Method for customer lead selection and optimization
US6236977B1 (en) * 1999-01-04 2001-05-22 Realty One, Inc. Computer implemented marketing system

Also Published As

Publication number Publication date
AU2001236642A1 (en) 2001-08-14
WO2001057616A2 (en) 2001-08-09

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