Patents Assigned to TRIP ALERTZ, INC.
  • Publication number: 20120143656
    Abstract: Embodiments of the invention are directed to group aggregation leveraging methods and systems for consumers to buy products from a broker. The broker offers a product to consumers for a first fixed price for a predetermined time period. Once a predetermined number of consumers commit to purchasing the product (i.e., reach a threshold), the consumers receive the same product at a second fixed price wherein the second fixed price is less than the first fixed price. Once the threshold is met, each committed consumer receives an alert from the broker that the consumer will receive the same product at the new reduced price (second fixed price). This process is repeated until the predetermined time period expires or inventory of the product is depleted. Consumers may leverage their collective group buying power by communicating to others that the product is available for the predetermined time period through social media or any other suitable means.
    Type: Application
    Filed: May 31, 2011
    Publication date: June 7, 2012
    Applicant: TRIP ALERTZ, INC.
    Inventor: Brendan Murphy