Timothy F Mcmanus

US Patent:

20100293042, Nov 18, 2010

Filed:

Jan 21, 2009

Appl. No.:

12/863516

Inventors:

Timothy G. McManus - Philadelphia PA, US
Christopher McManus - Mendham NJ, US

Assignee:

Open Matrix LLC - Mendham NJ

International Classification:

G06Q 30/00

US Classification:

705 141

Abstract:

A variable discount sales device that acts as an automated agent or broker by efficiently, and automatically, aggregating a sizable number of individual buyers into a single unit. The device allows variable discounts to be offered to the buyers, including a possibility of getting the item for free. In this way, buyers may be highly incentivized, while manufacturers may sell directly to end users. The discounts are possible because of the economies of scale that may result from the aggregation of the buyers, even though they may be individuals or small companies. Other savings may be made possible by eliminating middlemen and reducing shipping cost.