Invention Grant
- Patent Title: System and method for negotiating improved terms for products and services being purchased through the internet
- Patent Title (中): 通过互联网购买产品和服务的改进条款谈判的系统和方法
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Application No.: US09895457Application Date: 2001-06-29
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Publication No.: US08725620B2Publication Date: 2014-05-13
- Inventor: Nobuyoshi Morimoto
- Applicant: Nobuyoshi Morimoto
- Agency: Meyertons, Hood, Kivlin, Kowert & Goetzel, P.C.
- Agent Robert C. Kowert
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
A method and system for negotiating improved terms for a product being purchased over the Internet. Once a purchaser has made a decision to buy a specific product over the Internet, the purchaser may use the services of a personal negotiating broker-agent program to beat the best available purchase transaction within a specifiable time window. The personal broker-agent program may detect an issuance of a commitment to purchase over the Internet by a purchaser. The personal broker-agent program may then make an offer to the purchaser the option of waiting a predetermined amount of time while the broker agent searches for improved items. On acceptance of the option by the purchaser, the personal broker-agent program may conduct an auction and/or search the Internet for a better deal and may evaluate the auction and/or search responses to determine the best deal. The personal broker-agent program may then execute the best deal. If the purchaser elects not to accept the option from the personal broker-agent program, then the purchaser may execute the commitment to purchase transaction without delay.
Public/Granted literature
Information query