Patents by Inventor Todd Gagorik

Todd Gagorik has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 8423376
    Abstract: A system, apparatus, article of manufacture and method for facilitating an automatic negotiation between a consumer and a vendor for purchase of an item is described. An electronic negotiation unit receives an offer to purchase the item, and automatically processes the offer. The processing is performed by a computer and includes accepting the offer if it is greater than a bottom line price for the item. The offer is rejected if the offer is below a negotiation range which extends below the bottom line price. If the offer is within the negotiation range for the item, the electronic negotiation unit automatically generates a counter offer price that is greater than or equal to the bottom line price. If the counter offer is within a final offer range the counter offer is designated as a final counter offer.
    Type: Grant
    Filed: March 10, 2008
    Date of Patent: April 16, 2013
    Assignee: Auto Bid Systems, Inc.
    Inventors: Mike Cotton, Todd Gagorik, Glen Gulyas, Mike Rowen, Chad Wach
  • Publication number: 20100241575
    Abstract: A system, apparatus, article of manufacture and method for facilitating an automatic negotiation between a consumer and a vendor for purchase of an item is described. An electronic negotiation unit receives an offer to purchase the item, and automatically processes the offer. The processing is performed by a computer and includes accepting the offer if it is greater than a bottom line price for the item. The offer is rejected if the offer is below a negotiation range which extends below the bottom line price. If the offer is within the negotiation range for the item, the electronic negotiation unit automatically generates a counter offer price that is greater than or equal to the bottom line price. If the counter offer is within a final offer range the counter offer is designated as a final counter offer.
    Type: Application
    Filed: March 10, 2008
    Publication date: September 23, 2010
    Inventors: Mike Cotton, Todd Gagorik, Glen Gulyas, Mike Rowen, Chad Wach