Method for providing a virtual aggregation group

A method comprising:

• providing, over a network, a market platform server, the market platform server comprising one or more processors and one or more non-transitory computer readable media, the non-transitory computer readable media comprising instructions stored thereon that when executed by the one or more processors implement the following steps:
• establish a virtual aggregation group comprising at least two members, the virtual aggregation group comprising a collection of computing nodes and devices associated with each of the at least two members, the establishing comprising establishing communication over the network between the collection of computing nodes and devices associated with each of the at least two members and providing interfaces for such communication;
• generate a committed pricing agreement between the virtual aggregation group and at least one supplier, the committed pricing agreement comprising compliance terms that determine at least one price parameter for a product purchase by the at least two members of the virtual aggregation group from the at least one supplier based on a market commitment of the virtual aggregation group;
• monitor, via electronic activity over the collection of computing nodes and devices of the virtual aggregation group, spending of the at least two members of the virtual aggregation group based at least on the compliance terms of the committed pricing agreement;
• determine, based on the monitored spending, whether the virtual aggregation group has met the market commitment;
• calculate, via a created, customized computer algorithm, a group market share by at least:
• determining a market share of each of the at least two members of the virtual aggregation group, the market share for each of the at least two members of the virtual aggregation group corresponding to a value spent, by each of the at least two members of the virtual aggregation group, with the at least one supplier within at least one product category;
• weighting the market share of each of the at least two members by a total spending of each of the at least two members within the at least one product category to determine a plurality of weighted market shares;
• and
• calculating the group market share as a weighted average using the plurality of weighted market shares;
• and
• notify at least one of the at least one supplier and/or the at least two members of the virtual aggregation group of whether the virtual aggregation group has met the market commitment via an interface;
• wherein the market platform server is configured to access one or more datastores;
• and
• wherein the one or more datastores include one or more of a product datastore, a contract datastore, a buyer spend datastore, and a ratings datastore;
• generating, by the market platform server, a user interface (UI), the UI comprising dynamic information displayed according to the determined market share for the virtual aggregation group, the displayed dynamic information being updated according to the monitoring of the spending, such that automatic updating of the UI is effectuated via the market platform server executing a computer algorithm for determining updates to the displayed dynamic information;
• transmitting, by the market platform server, over the collection of computing nodes and devices of the virtual aggregation group, the generated UI to each device of the at least two members of the virtual aggregation group, the transmission enabling collaborative interaction among the computing nodes and devices of each member in the virtual aggregation group with the UI;
• causing, by the market platform server, establishment of a new virtual aggregation group via the transmitted UI, the established new virtual aggregation group comprising networked interactions among devices of members of the new virtual aggregation group via the UI, such that the interactions are based on the dynamically displayed information within the UI;
• and
• automatically, by the market platform server, without user input, updating the dynamically displayed information within the UI on each of the computing nodes and devices of the virtual aggregation group based on the networked interactions among members of the new virtual aggregation group.