WO2001037164A8 - Retail system for selling products based on a flexible product description - Google Patents

Retail system for selling products based on a flexible product description

Info

Publication number
WO2001037164A8
WO2001037164A8 PCT/US2000/030115 US0030115W WO0137164A8 WO 2001037164 A8 WO2001037164 A8 WO 2001037164A8 US 0030115 W US0030115 W US 0030115W WO 0137164 A8 WO0137164 A8 WO 0137164A8
Authority
WO
WIPO (PCT)
Prior art keywords
product
customer
price
description
retailer
Prior art date
Application number
PCT/US2000/030115
Other languages
French (fr)
Other versions
WO2001037164A2 (en
Inventor
Jay S Walker
Peter Kim
James A Jorasch
Magdalena Mik
Daniel E Tedesco
Russell Pratt Sammon
Andrew P Golden
Raymond J Mueller
Keith Bemer
Luchene Kathleen Van
Original Assignee
Walker Digital Llc
Jay S Walker
Peter Kim
James A Jorasch
Magdalena Mik
Daniel E Tedesco
Russell Pratt Sammon
Andrew P Golden
Raymond J Mueller
Keith Bemer
Luchene Kathleen Van
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
Application filed by Walker Digital Llc, Jay S Walker, Peter Kim, James A Jorasch, Magdalena Mik, Daniel E Tedesco, Russell Pratt Sammon, Andrew P Golden, Raymond J Mueller, Keith Bemer, Luchene Kathleen Van filed Critical Walker Digital Llc
Priority to AU13576/01A priority Critical patent/AU1357601A/en
Publication of WO2001037164A2 publication Critical patent/WO2001037164A2/en
Publication of WO2001037164A8 publication Critical patent/WO2001037164A8/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
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0613—Third-party assisted
    • 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
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/20—Point-of-sale [POS] network systems
    • G06Q20/204—Point-of-sale [POS] network systems comprising interface for record bearing medium or carrier for electronic funds transfer or payment credit
    • 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
    • G06Q30/0207—Discounts or incentives, e.g. coupons or rebates
    • G06Q30/0208—Trade or exchange of goods or services in exchange for incentives or rewards
    • 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
    • G06Q30/0207—Discounts or incentives, e.g. coupons or rebates
    • G06Q30/0222—During e-commerce, i.e. online transactions
    • 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
    • G06Q30/0283—Price estimation or determination
    • 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
    • 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
    • G06Q30/0601—Electronic shopping [e-shopping]
    • 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
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0621—Item configuration or customization
    • 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
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/12—Accounting

Abstract

L'invention concerne un système dans lequel un prix de vente est déterminé sur la base d'une description de produit, le prix de vente est alors transmis à un client. Le client n'a pas la garantie du produit spécifique qui lui sera vendu avant qu'un contrat d'achat de produit au prix de vente soit reçu du client. Après réception du contrat, un détaillant choisit un produit conforme à la description du produit et identifie le produit au client. Grâce au système précité, le détaillant est capable d'évaluer la demande individuelle d'un client sur la base de la description reçue et de déterminer un prix de vente en conséquence, ce qui réduit les pertes associées à des systèmes à prix unique traditionnels. Bien qu'un produit identique puisse par conséquent avoir différents prix de vente, le système est jugé comme juste parce qu'un client payant plus a accepté une description de produit différente de celle d'un client payant moins, et les clients n'auraient pas accepté la description de produit et le prix de vente de l'autre. Le système permet également à un détaillant de masquer des réductions sur un produit en sélectionnant des conditions de rachat défavorables dans lesquelles vendre son produit, telles que la livraison dans une localité éloignée, même si le produit est disponible dans une localité plus proche. Le client croit, par conséquent, que la réduction est imputable aux conditions de rachat défavorables, plutôt qu'à la qualité du produit ou à une demande en baisse. Le prix et la dilution de la marque s'en trouvent ainsi réduits.The invention relates to a system in which a sale price is determined on the basis of a product description, the sale price is then transmitted to a customer. The customer does not have the guarantee of the specific product which will be sold to him before a contract to purchase the product at the sale price is received from the customer. After receiving the contract, a retailer chooses a product that conforms to the product description and identifies the product to the customer. Thanks to the aforementioned system, the retailer is able to assess the individual request of a customer on the basis of the description received and to determine a sale price accordingly, which reduces the losses associated with traditional single price systems. Although an identical product may therefore have different selling prices, the system is judged to be fair because a paying customer has accepted a different product description from that of a paying customer, and customers would not have not accepted the other product description and selling price. The system also allows a retailer to hide discounts on a product by selecting unfavorable redemption conditions under which to sell their product, such as delivery to a remote location, even if the product is available in a closer location. The customer therefore believes that the reduction is due to unfavorable buyout conditions, rather than product quality or declining demand. The price and the dilution of the brand are thus reduced.

PCT/US2000/030115 1999-11-15 2000-11-02 Retail system for selling products based on a flexible product description WO2001037164A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU13576/01A AU1357601A (en) 1999-11-15 2000-11-02 Retail system for selling products based on a flexible product description

Applications Claiming Priority (4)

Application Number Priority Date Filing Date Title
US16543599P 1999-11-15 1999-11-15
US60/165,435 1999-11-15
US09/540,035 US7711604B1 (en) 1997-07-08 2000-03-31 Retail system for selling products based on a flexible product description
US09/540,035 2000-03-31

Publications (2)

Publication Number Publication Date
WO2001037164A2 WO2001037164A2 (en) 2001-05-25
WO2001037164A8 true WO2001037164A8 (en) 2001-11-01

Family

ID=26861393

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2000/030115 WO2001037164A2 (en) 1999-11-15 2000-11-02 Retail system for selling products based on a flexible product description

Country Status (3)

Country Link
US (5) US7711604B1 (en)
AU (1) AU1357601A (en)
WO (1) WO2001037164A2 (en)

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US20150012343A1 (en) 2015-01-08
US7711604B1 (en) 2010-05-04
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