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US 2006/0235749 A1Published application
Network marketing system
OwnerPeter Mocinventor
Life of this patent
Estimating the term…
Abstract
A multi-level marketing system uniting businesses and individuals as a team to help each other to earn monetary rewards based on sales and profit sharing (optional feature) as governed by a simple yet customizable compensation plan that is tailored to maximize sales.
Claims7
A system for promoting sales comprising the steps of:
- a) setting up a company;
- b) setting up a means for users (members and non-members) of the system to communicate;
- c) allowing a non-member to become a member of said company;
- d) assigning a preset number of sales;
- e) allowing a listing member to list an item for sale on said system;
- said listing including at least a price;
- f) allowing said non-listing member, said non-member, and said listing member to forward said listing to a receiving member and a receiving non-member;
- whereby said non-listing member and said listing member become sending members;
- g) allowing one of said non-listing member, said non-member, said listing member, said receiving member and said receiving non-member to purchase said item;
- whereby whoever buys said item becomes a buying member or a buying non-member;
- h) making the sending member, who forwarded said listing to said buying member the upline of said buying member, if the sale is made as a result of the forwarded listing;
- i) charging said buying member or said buying non-member the price for said item;
- j) counting the number of sales made by each member;
- k) paying a commission to said buying member if said number of sales made by said buying member is not an integer multiple of said preset number of sales;
- l) paying a commission to said buying member's upline if said number of sales made by said buying member is an integer multiple said preset number of sales;
- m) paying a commission to said buying member's upline's upline if said number of sales made by said buying member's upline is an integer multiple said preset number of sales;
- and
- n) crediting said listing member for said sale;
- said credit being equal to said price minus said commission and said transaction fee.
16 more elements
Dependencies are inferred from the claim text.