Method and system for effectuating an electronic purchase transaction between a consumer device and a merchant
The system and methods thereof provide for a delayed display of content on a consumer device. A user log-on from a consumer device to an electronic commerce (e-commerce) server is acknowledged. One or more parameters related to the user as extracted from the consumer device is identified. Respective thereto a threshold value for timing a display of motivational content on the consumer device is adjusted, thereby encouraging purchases of goods or services using the e-commerce server. The motivational content is selected respective of the parameters collected from the consumer device. The displayed content may provide a web link through which a counter offer may be sent from the consumer device to the e-commerce server.
1. A method for effectuating an electronic transaction between a consumer device and a merchant, comprising:
receiving an indication that a user of the consumer device browses products for sale on an e-commerce web-site;
collecting at least one parameter related to the user of the consumer device and at least one parameter related to the merchant;
determining an interest of the user based on a product offered by the merchant on the e-commerce web-site, wherein the determination of the user interest is performed based on the least one parameter related to the user;
determining a willingness of the merchant to sell the product, wherein the determination of the merchant willingness is performed based on the least one parameter related to the merchant;
adjusting a time-based threshold value based on at least the determined user interest and the determined merchant willingness;
selecting at least one motivational content item for display on the consumer device; and
causing a display of the selected at least one motivational content item on a display of the consumer device, wherein the timing of the display is based on the time-based threshold value.
2. The method of claim 1 , wherein the at least one parameter related to the user is at least one of: behavioral information related to the user, demographic information, a user experience, and a landing page.
3. The method of claim 2 , wherein the behavioral information includes at least one of: an amount of time the user spent in a web source, the webpages the user visited, and the user's interaction with each web-page.
4. The method of claim 1 , wherein the adjustment of the time-based threshold value is performed based in part on the merchant willingness and the user interest.
5. The method of claim 1 , wherein the at least one parameter related to the merchant is at least one of: an inventory specification level, a special offer, a minimum for the product, and a minimum margin on the sale.
6. The method of claim 1 , wherein determining the user interest is based on at least one of: an explicit identification, and an implicit identification.
7. The method of claim 1 , wherein the at least one motivational content item is selected via a merchant device of the merchant.
8. The method of claim 1 , wherein the at least one motivational content item includes at least a link inviting the user to make a counter offer on the product in interest.
9. A non-transitory computer readable medium having stored thereon instructions for causing one or more processing units to execute the method according to claim 1 .
10. A system for effectuating an electronic transaction between a consumer device and a merchant, comprising:
a processor; and
a memory coupled to the processor, the memory contains instructions that, when executed by the processor, configured the system to:
receive an indication that a user of the consumer device browses products for sale on an e-commerce web-site;
collect at least one parameter related to the user of the consumer device and at least one parameter related to the merchant;
determine an interest of the user based on a product offered by the merchant on the e-commerce web-site, wherein the determination of the user interest is performed based on the least one parameter related to the user;
determine a willingness of the merchant to sell the product, wherein the determination of the merchant willingness is performed based on the least one parameter related to the merchant;
adjust a time-based threshold value based on at least the determined user interest and the determined merchant willingness;
select at least one motivational content item for display on the consumer device; and
cause a display of the selected at least motivational content item, on a display of the consumer device, wherein the timing of the display is based on the time-based threshold value.
11. The system of claim 10 , wherein the at least one parameter to the user is at least one of: behavioral information related to the user, demographic information, a user experience, and a landing page.
12. The system of claim 11 , wherein the behavioral information includes at least one of: an amount of time the user spent in a web source, the web-pages the user visited, and the user's interaction with each web-page.
13. The system of claim 10 , wherein the adjustment of the time-based threshold is performed based on the merchant willingness and the user interest.
14. The system of claim 10 , wherein the at least one parameter related to the merchant is at least one of: an inventory specification level, a special offer, a minimum for the product, and a minimum margin on the sale.
15. The system of claim 10 , wherein the system is further configured to determine the user interest based on least one of: an explicit identification, and an implicit identification.
16. The system of claim 10 , wherein the at least one motivational content item is selected via a merchant device of the merchant.
17. The system of claim 10 , wherein the at least one motivational content item includes at least a link inviting the user to make a counter offer on the product in interest.