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US Patent 7599858 System and method for availability-based limited-time offerings and transactions

Patent 7599858 was granted and assigned to Rearden Commerce on October, 2009 by the United States Patent and Trademark Office.

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Patent
Patent

Patent attributes

Current Assignee
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Rearden Commerce
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
7599858
Patent Inventor Names
Mark Orttung0
Patrick Grady0
Date of Patent
October 6, 2009
Patent Application Number
10869356
Date Filed
June 15, 2004
Patent Citations Received
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US Patent 11836757 Offers selected during authorization
0
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US Patent 11907971 Systems, methods, and storage media for a social commerce platform
0
Patent Primary Examiner
Jeffrey A. Smith
Jeffrey A. Smith
Patent abstract

System and method for availability based on limited-time offerings and transactions. One embodiment of the present invention provides a system and method that, based on a set of known preferences and historic transactions with customers, culls from a customer database those customers most likely to close a transaction in a short time. The selected customers are notified of the offer, and the system processes the customers responses in a timely manner, and thus allow fleeting inventories to be sold off before they expire.

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