Patent ID: 8768859

Claim:
A method of rating a product using a system having a network-enabled device disposed in communication with a computing network comprising: the computing network receiving a product identifier of a product from the network-enabled device disposed at a first location and in communication with the computing network at a second location; the system determining a product price of the product based on the product identifier; the system determining a brand entity of the product based on the product identifier; the system defining a geographic perimeter of interest based on input received from the network-enabled device; the computer network system determining one or more brand entity economic values attributed to the product, the one or more brand entity economic values selected from the group consisting of a revenue amount received by the brand entity, a wages amount paid by the brand entity, a taxes amount paid by the brand entity, and a charitable contribution amount made by the brand entity; the system calculating an economic impact value component for each of the one or more brand entity economic values, wherein each economic impact value component relates the product price to the one or more brand entity economic values for the geographic perimeter of interest; the system determining an economic impact rating for the product based on the economic impact value component; and the network-enabled device communicating the economic impact rating for the product to an user of the network-enabled device.