US Patent:
20010032123, Oct 18, 2001
Inventors:
Megan Burns - Erie PA, US
Jeffery Smith - Erie PA, US
Ming Tang - Erie PA, US
Christopher Vereb - North East PA, US
Lisa Zaczyk - Erie PA, US
Bruce Sweeley - Erie PA, US
Dennis Taylor - Fairview PA, US
Juliana Salles de Faria - Erie PA, US
Anthony Maciulewicz - Grapevine TX, US
Su Koniecki - Erie PA, US
International Classification:
G06F017/60
US Classification:
705/014000, 705/036000, 705/027000, 705/007000
Abstract:
A method and apparatus for conducting electronic commerce wherein a prospective purchaser is given data indicative of a calculated value of a product to the prospective purchaser arising from the prospective purchase and use of the product. A prospective purchaser provides application specific information to a supplier via an Internet web page to identify the anticipated conditions of use of a product under consideration. The supplier calculates a value parameter responsive to the application specific information and communicates it back to the prospective purchaser. The value parameter may include, for example, return on investment, pay-back period, fuel savings, reduction in operating cost, etc. The value parameters for several alternative products may be compared and a recommended product identified. The application specific information provided by the prospective purchaser may be analyzed to identify further sales opportunities.