Commerce System and Method of Controlling the Commerce System Using Budgets for Personalized Shopping Lists

A method of controlling consumer transactions over an electronic network including a first computing system and a second computing system, comprising:

• providing a database on the first computing system including product information corresponding to a plurality of products;
• creating a shopping list using the second computing system by accessing the product information on the database of the first computing system and making selections of the products for the shopping list;
• setting a budget limitation using the second computing system;
• comparing the budget limitation to a total cost of the products on the shopping list using the first computing system;
• generating a budgeted shopping list using the first computing system if the total price of the products on the shopping list exceeds the budget limitation, wherein the budgeted shopping list alters the shopping list to be within the budget limitation based on a substitution or omission rating for the products;
• and
• transmitting the budgeted shopping list to the second computing system for presentation on a display screen.

A non-transitory, tangible computer readable medium storing instructions for controlling consumer transactions over an electronic network including a first computing system and a second computing system, the instructions causing the first computing system and the second computing system to perform the steps comprising:

• providing a database on the first computing system including product information corresponding to a plurality of products;
• creating a shopping list by accessing the product information on the database of the first computing system and making selections of the products for the shopping list;
• setting a budget limitation using the second computing system;
• comparing the budget limitation to a total cost of the products on the shopping list using the first computing system;
• generating a budgeted shopping list using the first computing system if the total price of the products on the shopping list exceeds the budget limitation, wherein the budgeted shopping list alters the shopping list to be within the budget limitation based on a substitution or omission rating for the products;
• and
• transmitting the budgeted shopping list to the second computing system for presentation on a display screen.