Systems and Methods For Transacting Business Over A Global Communications Network Such As The Internet
First Claim
1. A method of doing business over a global communications network comprising the steps:
- communicating to a buyer via the global communications network, a description of a product;
accepting a first request from the buyer to buy the product for a price to be determined within a price range;
accepting a second request from the buyer to allow the price to be determined based upon a performance of the buyer while participating in a Price-Determining-Activity (PDA) selected by the buyer;
receiving data from the buyer over the global communications network, said data representing the performance of the buyer during the selected PDA; and
determining the price of the product based at least partially upon the data received, said price being within the price range.
9 Assignments
0 Petitions
Accused Products
Abstract
A business model / process is described for conducting business transactions over the Internet, allowing buyers to reduce the price of the selected product / service based on the buyer'"'"'s performance during a collateral activity. Sellers offer the product / service within a specified price range, and buyers accept the offer, in exchange for the opportunity to close the transaction at the lowest price offered by achieving a high score during the collateral activity. The ultimate price is within the agreed upon range, but is determined based upon the buyer'"'"'s performance during the collateral activity. The activity may be a video game, electronic board game, sports bet, card game, or any other activity, and may be performed against the seller, a pre-programmed software opponent, a computer opponent, another buyer competing for the same or a different product, a player participating as a player only and not as a buyer, or anyone or anything else.
41 Citations
21 Claims
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1. A method of doing business over a global communications network comprising the steps:
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communicating to a buyer via the global communications network, a description of a product; accepting a first request from the buyer to buy the product for a price to be determined within a price range; accepting a second request from the buyer to allow the price to be determined based upon a performance of the buyer while participating in a Price-Determining-Activity (PDA) selected by the buyer; receiving data from the buyer over the global communications network, said data representing the performance of the buyer during the selected PDA; and determining the price of the product based at least partially upon the data received, said price being within the price range. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method of determining a price of a product using a global communications network, comprising the steps:
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communicating to a buyer via the global communications network, data representing a plurality of products available, said plurality of products including a first product; accepting acknowledgement from the buyer representing an intent of the buyer to buy the first product at a price to be determined based upon a performance of the buyer while participating in a Price-Determining-Activity (PDA), said acknowledgement being communicated over the global communications network; determining the performance of the buyer; and assigning a price to the product, said price being dependent upon the performance of the buyer. - View Dependent Claims (14, 15, 16, 17, 18)
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19. A system for conducting e-commerce over a global communications network, comprising:
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a computer server having access to the global communications network, and being programmed to; a) communicate to a buyer via the global communications network, data representing a plurality of products, said plurality of products including a first product; b) accept acknowledgement from the buyer representing an intent of the buyer to buy the first product at a price to be determined dependent on a performance of the buyer while participating in a Price-Determining-Activity (PDA), said acknowledgement being communicated over the global communications network; c) determine the performance of the buyer based upon data received over the global communications network; and d) assign a price to the product, said price being dependent upon the performance of the buyer. - View Dependent Claims (20, 21)
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Specification
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- Resources
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Current AssigneePerformance Pricing, Inc. (Acacia Research Corporation), Priceplay.com Incorporated
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Original AssigneePriceplay.com Incorporated
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InventorsLin, Wayne W
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Granted Patent
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Time in Patent OfficeDays
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Field of Search
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US Class Current705/26
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CPC Class CodesG06Q 30/0209 Incentive being awarded or ...G06Q 30/0212 Chance discounts or incentivesG06Q 30/0277 Online advertisementG06Q 30/0283 Price estimation or determi...G06Q 30/06 Buying, selling or leasing ...G06Q 30/0633 Lists, e.g. purchase orders...G06Q 30/08 AuctionsG06Q 40/04 Trading; Exchange, e.g. sto...
