Real-time offers and dynamic price adjustments presented to mobile devices
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United States of America Patent
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May 20, 2014
Issued Date -
N/A
app pub date -
May 11, 2011
filing date -
May 12, 1999
priority date (Note) -
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status (Latency Note)
Importance
Abstract
The demand aggregation system includes deal room sponsored by a third party host. The third party host facilitates commercial transactions between a plurality of buyers and at least one seller. In exchange for sponsorship of such a deal room, the third party host can receive an incentive such as a percentage of sales, seller discount or the like. Furthermore, mechanisms are provided to aid discovery of sellers and/or offers that can be included in a group buying event for a buying group. The buying group receives a greater discount as the total purchase amount in the group buying event increases.
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