IP Library Granted Patent US 7,577,595
Granted Patent B2
US 7,577,595 · App. 12/188,422 · Granted Aug 18, 2009

Method and system of conducting electronic commerce utilizing a consolidator

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Quick Facts
Patent No.
US 7,577,595
App. No.
12/188,422
Granted
Aug 18, 2009
Kind
B2
Abstract

The present invention provides an electronically accessible site that lists a product and associated distributors that distribute the product to customers. A customer purchases a product from the electronically accessible site, and during the purchasing process, the customer selects the distributor he wants to receive the product from. The order is received by an agent, and transmitted to the selected distributor for eventual distribution of the product to the customer. In response to the purchase, the agent and electronically accessible site receive compensation based on the amount of the purchase.

Claims (28)

1. A method of conducting electronic commerce utilizing a consolidator, comprising:

providing a product consolidator web server intermediary between an independent web site and a plurality of vendors, the consolidator web server intermediary being independent and distinct from the independent web site and the plurality of vendors;

consolidating product information from the plurality of vendors and storing the product information on the intermediary consolidator web server;

utilizing the independent web site to display the product information from different ones of the vendors offered from the intermediary consolidator web server to potential consumers in a format such that an ordering consumer from among potential consumers can expressly select a vendor from among the plurality of vendors to purchase a desired product;

taking an order from the ordering consumer for the desired product via the independent web site;

passing the order along to the selected vendor from the independent web site through the intermediary consolidator web server;

allowing the ordering consumer to purchase the desired products directly from the selected vendor via the independent web site and the intermediary consolidator server where the intermediary consolidator server is transparent to the ordering consumer;

wherein, the product information stored in a standardized format on the intermediary consolidator web server;

providing, by the intermediary consolidator web server, a subset of product information in the standardized format to the independent web site;

receiving, by the intermediary consolidator web server, compensation from the independent web site.

2. The method of claim 1 wherein the consolidated product information provided to the second consolidator web server includes product data from at least 100 of the plurality of vendors.

3. The method of claim 1 further comprising providing technology that enables the independent web site to access and to host the product information.

4. The method of claim 1 wherein the step of taking the order for the desired product comprises obtaining from the ordering consumer: a name and address; a stock keepers unit (SKU); and an identification of the selected vendor.

5. The method of claim 1 , further comprising the intermediary consolidator web server informing the vendor to ship the product to the ordering consumers.

6. The method of claim 1 wherein the commission comprises a percentage of sales consummated via the intermediary consolidator web server.

7. The method of claim 1 further comprising the intermediary consolidator web server collecting the revenue from the ordering consumers, and distributing at least a portion of the revenue to the vendor.

8. A system for conducting electronic commerce utilizing an intermediary consolidator web server, the system comprising:

an intermediary consolidator web server configured to store product information from a plurality of vendors wherein, the intermediary consolidator web server is independent and distinct from the plurality of vendors;

an independent web site, connected to the intermediary consolidator web server over a network, configured to:

display to potential consumers the product information from different ones of the vendors in a format such that individual ones of the potential consumers can expressly select from among the plurality of vendors to purchase a desired product;

take an order from an ordering consumer for the desired product;

transmit the order to a selected vendor via the intermediary consolidator web server where the intermediary consolidator web server is transparent to the ordering consumer; and

provide contact information to the potential consumers to purchase the desired product directly from the selected vendor, instead of purchasing from the independent web site;

wherein, the intermediary consolidator web server is further configured to:

store the product information in a standardized format;

provide a subset of product information in the standardized format to the independent web site; and

receive compensation from the independent web site.

9. The system of claim 8 , further comprising the independent web site configured to collect a revenue from the ordering consumer, and distribute at least a portion of the revenue to the selected vendor.

Assignments (8)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 9, 2023
From: MIND FUSION, LLC
To: ACCESSIFY, LLC
Reel/Frame 065159/0001 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 13, 2023
From: INTELLECTUAL VENTURES ASSETS 186 LLC
To: MIND FUSION, LLC
Reel/Frame 064271/0001 →
SECURITY INTEREST Recorded Mar 24, 2023
From: MIND FUSION, LLC
To: INTELLECTUAL VENTURES ASSETS 191 LLC; INTELLECTUAL VENTURES ASSETS 186 LLC
Reel/Frame 063295/0001 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 12, 2023
From: TAMIRAS PER PTE. LTD., LLC
To: INTELLECTUAL VENTURES ASSETS 186 LLC
Reel/Frame 062762/0499 →
MERGER Recorded Oct 22, 2015
From: TACK FOSS B.V., LLC
To: TAMIRAS PER PTE. LTD., LLC
Reel/Frame 036861/0373 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 7, 2011
From: GRANT, DAVID S.; BERLIN, PHIL A.
To: TACK FOSS B.V., LLC
Reel/Frame 027186/0505 →
REVERSION OF ASSIGNMENT Recorded Mar 11, 2010
From: MYONLYCATALOG.COM, INC.
To: BERLIN, PHILLIP; GRANT, DAVID
Reel/Frame 024055/0952 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 5, 2009
From: BERLIN, PHILLIP; GRANT, DAVID
To: MYONLYCATALOG.COM, INC.
Reel/Frame 023471/0564 →