Network Venue Booking via Competitive Bidding

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Solution Overview

Problem

The process of booking venues for events remains inefficient, relying heavily on human agencies and lacking an effective network-enabled system, which hinders the optimization of demand and sales in the Internet era.

Innovation Solution

A network-enabled venue booking system and method that utilizes an Internet platform to facilitate the matching of venues with appropriate content through a competitive bidding process, allowing venue representatives to post information, invite bids, and select winners, while enabling consumers to request and determine content via social networking, thereby optimizing demand and increasing attendance and sales.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If human agencies are used to book venues, then personalization and negotiation are possible, but efficiency and productivity are reduced

Engineering Contradiction:
Improvepersonalization capabilityVSAvoidbooking efficiency
Core Design Contradiction:
Ease of operationVSProductivity

Solution Approach 1:

The system enables self-service booking where venue representatives can post venue information, set bidding parameters, and automatically receive bids from consumers through the online platform. This eliminates the need for manual phone calls and human agency intervention while maintaining personalized service through automated profile matching and bidding processes.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The patent replaces the mechanical phone-based booking system with an electronic online platform that uses digital profiles, automated bidding algorithms, and electronic communication. This substitution dramatically increases booking efficiency while preserving personalization through detailed venue and consumer profiles that enable automated matching.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

2Device complexity

If traditional booking methods are used, then simplicity is maintained, but adaptability to Internet era requirements is reduced

Engineering Contradiction:
Improvesystem simplicityVSAvoidInternet era adaptability
Core Design Contradiction:
Device complexityVSAdaptability or versatility

Solution Approach 1:

The online venue booking platform serves multiple functions: it acts as a venue database, a bidding marketplace, a communication hub, and an automated matching system. This multi-functionality allows the system to adapt to various booking scenarios and Internet era requirements while maintaining a unified, user-friendly interface that doesn't overwhelm users with complexity.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Solution Approach 2:

The system incorporates dynamic bidding parameters, real-time availability updates, and flexible profile matching that can adapt to different venue types, event categories, and consumer preferences. This dynamic nature allows the platform to evolve and accommodate new requirements while maintaining operational simplicity through automated processes.

Inventive Principle:
Principle #15Dynamics

3Productivity

If competitive bidding process is implemented, then demand optimization and sales increase are achieved, but process complexity increases

Engineering Contradiction:
Improvesales optimizationVSAvoidbidding process complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system requires venue representatives to pre-post detailed venue information, set bidding parameters, and define availability before the bidding process begins. Consumers similarly prepare their event profiles and preferences in advance. This preliminary action organizes all necessary data beforehand, making the actual bidding process straightforward and reducing perceived complexity for users.

Inventive Principle:
Principle #10Preliminary action

Data Source

PatentUS8655692B2Method and system for network-enabled venue booking
Publication Date: 2014.02.18 JUNKIN HLDG
  • US8655692B2 patent drawing
  • US8655692B2 patent drawing
  • US8655692B2 patent drawing

AI summary

Method and system for network-enabled means to book a venue. Via a network, a bidding sub-system is deployed for providing information related to a venue to a subscriber and receiving a bid from the subscriber to book the venue for a future event. Information related to a received bid is posted via electronic means and provided to a venue representative who represents the venue and desires to receive a bid via the network for booking the venue. Through a venue representative control sub-system, the venue representative is able to select a bid to book the venue for a future event hosted by a subscriber who placed the selected bid via the bidding mechanism.