Trade Information Exchange System for Price Comparison
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Current trade information exchange systems are inefficient for purchasers to compare prices of multiple articles and services, requiring time-consuming surveys across various platforms, and sellers face low advertisement efficiency due to widespread advertising to uninterested individuals, leading to deflation and income disparity.
Innovation Solution
A trade information exchange device and method that connects multiple computers via an information communication network, allowing purchasers to input article specifications through images or speech, receiving estimates and discount coupons from multiple sellers, and enabling efficient selection and communication between buyers and sellers, while optimizing seller participation and price negotiation.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of information
If purchasers survey prices across multiple platforms manually, then they can compare prices of multiple articles and services, but it requires time-consuming efforts and is difficult to recognize prices including services
Solution Approach 1:
The patent introduces a server as an intermediary that automatically collects, processes, and presents price information from multiple sellers. The server receives purchase information from purchasers, retrieves price information from multiple sellers via API calls, and presents combined price comparisons including services. This eliminates the need for purchasers to manually survey multiple platforms, resolving the contradiction between obtaining comprehensive price information and spending time on price surveys.
Solution Approach 2:
The patent implements preliminary action by having sellers pre-register their price information and service offerings in advance on the server. This allows the system to have price and service data ready before purchasers need to compare, enabling instant retrieval and presentation of comprehensive price information including installation and guidance services without requiring time-consuming manual collection at the moment of purchase decision.
2Adaptability or versatility
If sellers use widespread advertising to reach potential purchasers, then they can increase market reach, but it results in low advertisement efficiency due to advertising to uninterested individuals
Solution Approach 1:
The patent applies local quality by providing customized price information presentations tailored to each purchaser's specific needs and preferences. Rather than uniform widespread advertising, the system presents price comparisons and service offerings customized to what each purchaser is actually seeking, based on their input information. This increases advertisement efficiency by showing relevant information only to interested purchasers rather than broadcasting to all potential customers equally.
3Quantity of substance
If multiple sellers participate in price competition, then purchasers can find lower prices, but it leads to excessive discount competition and deflation
Solution Approach 1:
The patent merges price information and service information from multiple sellers into a unified presentation. Instead of competing solely on price discounts, the system combines price data with service offerings (installation, guidance, etc.) from multiple sellers, allowing purchasers to compare total value rather than just discounted prices. This reduces harmful price wars by enabling competition on service quality and completeness alongside price, maintaining healthier market dynamics.
4Measurement precision
If purchasers input detailed article specifications, then they can receive accurate estimates from sellers, but it requires complex input processes
Solution Approach 1:
The patent implements a universal input interface that can handle multiple types of purchase information in a single unified process. The system accepts various input formats and automatically processes them to retrieve price information from multiple sellers. This multi-functional input mechanism allows purchasers to input detailed specifications once and receive comprehensive price comparisons, eliminating the need for separate complex input processes for different types of information while maintaining high precision in matching seller offerings.
Data Source
AI summary
Purchase from sellers of selection is enabled to be made through simple operations. Furthermore, prospective purchase events are distributed to sellers as needed. Demands of purchase candidates are retrieved.A trade information exchange method for achieving information exchange among multiple computers included in an information communication network: causes memory means to store reception conditions of sellers received from computers of the sellers; causes the memory means to store request information received from a computer of a purchaser; makes a first selection of choosing one or more sellers having reception conditions that conform to the request information; transmits the request information that does not include purchaser contact information to the computers of the sellers selected in the first selection, subsequently receives information indicating bids, makes a second selection of choosing one or more sellers according to the bids among limited sellers offering bids that can be successfully charged; and permits communication between the computers of the sellers selected in the second selection and the computer of the purchaser.