Retail system for selling products based on a flexible product description

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United States of America Patent

PATENT NO 8150735
SERIAL NO

11746714

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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According to one described embodiment, a method is provided in which transaction information is determined. The transaction information is associated with (i) a buyer who has arranged to purchase a product from a central controller at a first price established between the buyer and the central controller and (ii) a merchant that offers the product for sale at a second price, different from the first price, without offering the product for sale to buyers at the first price. Information is transmitted that facilitates the acquisition of the product by the buyer, in exchange for payment provided by the buyer to the central controller. An amount based on the second price is provided to the merchant.

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Patent Owner(s)

Patent OwnerAddress
GROUPON INC600 WEST CHICAGO AVENUE SUITE 620 CHICAGO IL 60654

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bemer, Keith New York, US 66 2906
Golden, Andrew P New York, US 99 3592
Jorasch, James A Stamford, US 1157 96363
Kim, Peter Stamford, US 134 3817
Mik, Magdalena Greenwich, US 146 14038
Mueller, Raymod J Weston, US 7 330
Sammon, Russell Pratt Stamford, US 67 2265
Tedesco, Daniel E Westport, US 537 29348
Van, Luchene Kathleen Norwalk, US 15 291
Walker, Jay S Ridgefield, US 1530 120237

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