Platform for progressive on-line group purchasing

A progressive, collective technology used in the online purchase of goods and services to address issues such as marketing and advertising cost imposition, acquisition costs, and inflexible pricing schemes in billing systems

Inactive Publication Date: 2016-08-17
JOINTV NETWORK
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

This constraint imposes significant marketing and advertising costs on retailers (consumer acquisition costs)
[0006] Furthermore, existing billing systems are not flexible enough to allow for real-time changeable pricing schemes that can be based on peer-to-peer communication options via social networking and / or such as IM (Instant Messaging) applications and email The "friends bring friends" concept to support progressive marketing campaigns
[0007] An additional disadvantage mainly related to online content providers (such as digital TV and IPTV operators) is that they cannot sell and offer individual content items (such as special series) to occasional customers
CRM systems, billing systems, and content fulfillment systems do not support this type of customer, forcing suppliers to seek them out as full customers, resulting in considerable customer acquisition costs, or foregoing the sale

Method used

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  • Platform for progressive on-line group purchasing
  • Platform for progressive on-line group purchasing
  • Platform for progressive on-line group purchasing

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Embodiment Construction

[0032] The present invention provides a system and method that effectively extends a retailer's network boundaries to include serving individuals' occasional customers. The system provides technology and services that enable existing billing and fulfillment systems to handle groups and communicate with social networks transparently and seamlessly without requiring changes to the retailer's back office systems.

[0033] The system enables online group purchase of goods and services. A means is provided for end users to create and manage groups of friends who wish to purchase goods and services as a group via a social network.

[0034] The system additionally provides retailers with the technology to bill corporate members for the items they purchase, as well as a means of tracking payment (proof of purchase) for each corporate member during fulfillment.

[0035] The system uses a dynamic pricing model that calculates the final purchase price based on group size.

[0036] The ...

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Abstract

A method of providing progressive on-line group purchasing of goods and services, comprising: selecting articles to be purchased; receiving a target group size and price; creating a group of said target size from among friends in at least one social network; communicating separate purchasing and payment information to a retailer's server; and receiving from said retailer's server separate proofs of purchase for each one of said group members.

Description

technical field [0001] The present invention relates to online purchasing of goods and services and more particularly to mechanisms for progressive group buying of these goods. [0002] Cross references to related patent applications [0003] This patent application claims priority from and with respect to US Provisional Patent Application Serial No. 61 / 909,384, filed November 27, 2013, which is hereby incorporated by reference in its entirety. Background technique [0004] Individuals use the Internet to purchase products online, primarily through e-commerce sites. Individuals purchase and pay for selected goods or services, typically using a shopping cart on a sales website. E-commerce sites collect personal information consisting of personal payment and shipping information. Once the payment information is verified and the transaction is processed, the shipping information is used to actually ship the product or deliver the service. [0005] Existing systems target in...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/08G06Q20/40G06Q30/02G06Q30/06G06Q20/12
CPCG06Q20/40G06Q30/06G06Q50/01G06Q30/0611G06Q20/12G06Q20/384G06Q20/10G06Q20/4014
Inventor 埃兰·德维尔埃兰·菲内
Owner JOINTV NETWORK
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