Venue ticket buyback with smart pricing
AssigneeLive Nation Entertainment, Inc.
InventorJohn Raymond Werneke
Life of this patent
Estimating the term…
Abstract
A venue ticket buyback system may facilitate repurchasing of venue tickets from ticketholders. An option for venue ticket buyback may be presented to a user. A user selection of the option for venue ticket buyback may be processed. An identification reference received from the user for a venue ticket may be processed. The identification reference for the venue ticket may be authenticated with ticket information. The user may be authenticated with authentication information. A buyback price for the venue ticket may be determined at least partially based on a profile of a potential buyer. The venue ticket may be repurchased at the buyback price on behalf of the potential buyer.
Claims20
A venue ticket buyback system to facilitate repurchasing of venue tickets from ticketholders, the venue ticket buyback system comprising:
- one or more network interfaces configured to provide access to a network;
- one or more processors coupled to the one or more network interfaces to enable a user to select an option for venue ticket buyback through the network, the one or more processors to execute instructions to:
- cause indication of the option for venue ticket buyback to the user with at least one of the one or more network interfaces;
- process a user selection of the option for venue ticket buyback;
- process an identification reference for a venue ticket, the identification reference received from the user;
- authenticate the identification reference for the venue ticket with ticket information accessible to the one or more processors;
- authenticate the user with authentication information accessible to the one or more processors;
- access potential buyer information retained in one or more repositories that comprise profile information for a plurality of potential buyers associated with a secondary marketplace;
- determine a potential buyer for the venue ticket out of the plurality of potential buyers based at least in part on the potential buyer information:
- determine a buyback price for the venue ticket at least partially based on a profile of the potential buyer, the buyback price having been determined by the potential buyer;
- cause indication of the buyback price to the user;
- repurchase the venue ticket at the buyback price on behalf of the potential buyer;
- and
- enable the potential buyer to offer the venue ticket for resell via the secondary marketplace;
- and
- one or more storage media coupled to the one or more processors to retain the instructions.
A method of facilitating repurchasing of venue tickets from ticketholders, the method comprising:
- causing indication, by a computer system, of an option for venue ticket buyback to a user with a network interface;
- processing, by the computer system, a user selection of the option for venue ticket buyback;
- processing, by the computer system, an identification reference for a venue ticket, the identification reference received from the user;
- authenticating, by the computer system, the identification reference for the venue ticket with ticket information;
- authenticating, by the computer system, the user with authentication information;
- accessing, by the computer system, potential buyer information retained in one or more repositories that comprise profile information for a plurality of potential buyers associated with a secondary marketplace;
- determining, by the computer system, a potential buyer for the venue ticket out of the plurality of potential buyers based at least in part on the potential buyer information;
- determining, by the computer system, a buyback price for the venue ticket at least partially based on a profile of the potential buyer, the buyback price having been determined by the potential buyer;
- causing indication, by the computer system, of the buyback price to the user;
- repurchasing, by the computer system, the venue ticket at the buyback price on behalf of the potential buyer;
- and
- enabling, by the computer system, the potential buyer to offer the venue ticket for resell via the secondary marketplace.
A non-transitory machine-readable medium having machine-readable instructions thereon which, when executed by one or more computers or other processing devices, implements a method of facilitating repurchasing of venue tickets from ticketholders, the method comprising:
- presenting an option for venue ticket buyback to a user with a network interface;
- processing a user selection of the option for venue ticket buyback;
- processing an identification reference for a venue ticket, the identification reference received from the user;
- authenticating the identification reference for the venue ticket with ticket information;
- authenticating the user with authentication information;
- accessing potential buyer information retained in one or more repositories that comprise profile information for a plurality of potential buyers associated with a secondary marketplace;
- determining a potential buyer for the venue ticket out of the plurality of potential buyers based at least in part on the potential buyer information;
- determining a buyback price for the venue ticket at least partially based on a profile of the potential buyer, the buyback price having been determined by the potential buyer;
- indicating the buyback price to the user;
- repurchasing the venue ticket at the buyback price on behalf of the potential buyer;
- and
- enabling the potential buyer to offer the venue ticket for resell via the secondary marketplace.
Dependencies are inferred from the claim text.