Purchase coordinator for electronic commerce
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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Feb 24, 2009
Grant Date -
N/A
app pub date -
Mar 17, 2000
filing date -
Mar 17, 2000
priority date (Note) -
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status (Latency Note)
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Abstract
A method of doing business on the internet by which the manufacturer maintains an on-line presence without bypassing and without alienating the retailer and the distributor such that the manufacturer, distributor and independent retailer all share in the profits of on-line sales. The method employs a purchase coordinator that provides participating retailers with web sites affiliated with the manufacturer. The purchase coordinator obtains product data and price data from the manufacturer, distributor and retailer; receives orders from internet customers; selects a distributor to fill the order; and processes a monetary transaction for the order such that the distributor, retailer, and the manufacturers are each credited with a sum representing their portion of the total value of the order according to the price data.
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