Patent ID: 6594641
Filing Date: 2003-07-15
Classification: G06Q

Abstract:
A system for routing electronic data to effect a sale of ordered products from at least one supplier to a consumer having a consumer address and to provide compensation to a third party retailer for lost profits associated with said sale comprising:a central processing unit; at least one remote device for sending and receiving data to and from the central processing unit; a communications link between the central processing unit and the at least one remote device providing a conduit for electronic data to flow between the central processing unit and at least one remote device; a data storage device operatively connected to the central processing unit having addresses for a plurality of third party retailers for allowing the central processing unit to determine the geographically closest third party retailer to the consumer address, said central processing unit having running thereon at least one computer program that determines the identity of the geographically closest third party retailer to the consumer address, calculates the appropriate compensation to be designated for receipt by a selected third party retailer, and credits an account owned by the selected third party retailer, wherein said third party retailer has no participation in the transaction between the supplier and the consumer.