Patent ID: 8438068
Filing Date: 2013-05-07
Classification: G06Q

Abstract:
1. A computer-implemented process for providing a potential buyer of a product or service from a seller in an on-line consumer market a monetary sales limit associated with the seller, comprising using a computer to perform the following process actions: assigning a weight to each completed transaction between the seller and each buyer previously purchasing a product or service from the seller, said weight comprising at least a portion of an overhead expense incurred by the seller from the transaction if the previous buyer was satisfied with the purchase based on positive feedback from the previous buyer associated with the transaction, and comprising the negative of the amount paid by the previous buyer if that buyer was not satisfied with the purchase; summing all the assigned transaction weights associated with the seller and adding an amount of a reimbursement fund provided by the seller, to compute said monetary sales limit for the seller; providing the monetary sales limit computed for the seller to the potential buyer, said monetary sales limit being usable by the potential buyer in assessing a risk of dissatisfaction with the purchase of a product or service from the seller in view of a price the buyer wants to pay for the product or service.