Systems and methods of rating an offer for a product

Details Systems and methods of rating an offer for a product Systems and methods of rating an offer for a product

G - Physics

06

Q

G06Q 30/00 (2012.01)

Patent

CA 2678718

Embodiments disclosed herein relate generally to systems and methods for rating an offer for a product. In one broad aspect there is provided a method for rating an offer for a product. The method includes generating a component score for each rating component of a plurality of rating components. The rating components include at least one community feedback component and at least one intrinsic component. Each rating component is then assigned a weight, where the weight assigned to the at least one community feedback component is proportional to the volume of community feedback and the weight assigned to the at least one intrinsic community feedback is inversely proportional to the volume of community feedback. In another broad aspect, there is provided a method for rating an offer for a product. The method includes generating a component score for each rating component of a plurality of rating components. The plurality of rating components include a price of the offer. The step of generating the component score for the price of the offer includes comparing the price of the offer to a current market price reference for the product. The current market price reference is based on community feedback associated with the offer.

Affiliated with

Also associated with

Rating

Systems and methods of rating an offer for a product does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Systems and methods of rating an offer for a product, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Systems and methods of rating an offer for a product will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFCA-PAI-O-1711779