Methods and systems for dynamic determination of the number...

Details Methods and systems for dynamic determination of the number... Methods and systems for dynamic determination of the number...

2007-03-20

2007-03-20

Dixon, Thomas A. (Department: 3628)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Reservation, check-in, or booking display for reserved space

Reexamination Certificate

active

09770811

ABSTRACT:
A system and method for determining the availability of a restricted class of tickets is provided. In one embodiment, an initial number of restricted tickets are made available for purchase. Purchase orders are received and processed by an event server. The event server is configured to assess the volume of sales and determine whether sales meet expectations. If expectations are not met, the server takes steps to change the availability of restricted tickets. Further, embodiments of the invention provide methods and systems for determining the optimal selling price and availability of restricted tickets based on revenue goals, supply/demand, event capacity, and other factors.

REFERENCES:
patent: 5897620 (1999-04-01), Walker et al.
patent: 6107932 (2000-08-01), Walker et al.
patent: 6307572 (2001-10-01), DeMarcken et al.
patent: 7110960 (2006-09-01), Phillips et al.
patent: WO 97/17680 (1997-05-01), None
No author, Fare play, Oct. 18, 1998; Sunday Times (United Kingdom); dialog copy 6 pages.
No author; Web Ventures Announces Version 4 of ‘BookIt! PRO’—Gives Full Travel Agent Access to Airline Computer Reservations Systems over the Internet; Oct. 5, 1998; PR Newswire, dialog copy 2 pages.
Fisher, Eric; Cheapest seat in town price to vary; Washington Times, Nov. 26, 2002, internet copy 3 pages.

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