Patents Assigned to BAG THAT TRADING LIMITED
  • Publication number: 20130166362
    Abstract: A system, method, and computer program product provides discounted aggregated purchasing. A method for promotional discounted aggregated purchasing may include determining a volume discount matrix for a product to be available during a promotional period, accepting bids from a plurality of consumers indicating a price each consumer is willing to pay for the product, placing a hold on payment cards of the consumers who have entered bids, each hold being for the amount of each bid, at a conclusion of the promotional period, determining a price for the product based on a final discount level that is determined based on the received bids and on the determined volume discount matrix, and performing transactions for the product for all consumers who bid an amount greater than or equal to the determined price.
    Type: Application
    Filed: September 27, 2012
    Publication date: June 27, 2013
    Applicant: BAG THAT TRADING LIMITED
    Inventor: BAG THAT TRADING LIMITED