Patents by Inventor William Staib

William Staib 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).

  • Publication number: 20070150370
    Abstract: A method for creating an online mall by which a service provider obtains product information for one or more products from merchant web sites, wherein the product information includes total price data for the one or more products; and creates a shopping cart web site for at least one merchant as a function of the product information obtained from that merchant's web site. A new price is set for the one or more products on the created shopping cart web site, wherein the new price is responsive to the total price data for the one or more products and the on-line mall's own pricing analysis, and wherein the shopping cart web site is adapted to take orders for one or more products from shoppers and process such orders, including issuing an order to the merchant whose web site provides the product information for the one or more products.
    Type: Application
    Filed: November 15, 2006
    Publication date: June 28, 2007
    Inventors: William Staib, Raymond Mlejnek, Andrew Yasinsky
  • Publication number: 20070130090
    Abstract: A method for setting a price for a product sold online by a subject merchant is provided. The method comprises accessing price information of at least one other merchant of the same product by applying a shopping robot to two or more shopping sites, including at least one price comparison site, with other offerings of the same product by other merchants; accessing pricing rules for the subject merchant that cover sales originating from the comparison site; applying the pricing rules to adjust the current product price at which the subject merchant offers the product on the two or more shopping sites to be more competitive; and responsive to a price adjustment that would reduce the product price so as to violate a specified profitability goal, increasing the shipping charges with which the merchant offers the product with the price adjustment on the two or more shopping sites.
    Type: Application
    Filed: November 15, 2006
    Publication date: June 7, 2007
    Inventors: William Staib, Raymond Mlejnek
  • Publication number: 20060085321
    Abstract: The invention provides a method and system to estimate demand, pricing, allocation and aftermarket demand for public offerings via a simulation auction using collaborative forecasting. The simulation auction incorporates features to enhance participant knowledge about a particular company and its proposed auction. The simulation auction may be used to collect information regarding likely or equilibrium pricing of actual offerings, as well as to generate demand curve provides for different types of participants (e.g. retail and institutional investors).
    Type: Application
    Filed: July 18, 2005
    Publication date: April 20, 2006
    Inventors: William Staib, F. Dempsey