Abstract: A cost effective system (100) for improving the reach of an entity is disclosed. The system (100) comprises: a mass storage (3); a memory (1) that comprises an operating system and an e-commerce application (5), said e-commerce application (5) comprising a user interface module (51), a customer module (52), an entity module (53), an advertisement and sales module (54), a money module (56), a management module (55), a future secure buying module, and a communication module (57); a central processing unit (2); a communication interface (4) that is connected to a Network (7); and a communication bus, wherein one or more modules in the system (100) are stored and operated from a remote server (6), and said system (100) operates within the Network (7) through connections to one or more remote devices (8).
Claims:We Claim
1. A cost effective system (100) for improving the reach of an entity, comprising: a mass storage (3); a memory (1) that comprises an operating system and an e-commerce application (5), said e-commerce application (5) comprising a user interface module (51) that determines the queries that a user feeds into the system (100) and outputs the appropriate information to the user, a customer module (52) that facilitates the management of customers registered with the system (100), said customer module (52) collecting the necessary details from new customers who wish to register with the system (100) and forwarding the collected details to the mass storage (4) for storing the collected details, in addition to performing verification of new customers and assigning a unique customer ID to newly registered customers, an entity module (53) that facilitates the management of entities registered with the system (100), said entity module (53) collecting the necessary details from new entities that wish to register with the system (100) and forwarding the collected details to the mass storage (4) for storing the collected details, in addition to performing verification of new entities and assigning a unique entity ID to newly registered entities, an advertisement and sales module (54) that receives, reviews, estimates, and approves one or more advertisements or sales proposals, wherein said advertisement and sales module (54) performs a preliminary review of an advertisement or sales proposal, prepares a cost estimate and shares it with an entity, approves the advertisement or sales proposal after receiving a positive response from the entity, and posts the respective details to the system (100), a money module (56) that displays the earnings of each customer and the expenses for each entity with respect to each product or service for a specific period of time, a management module (55) that houses and manages the virtual and real activities of customers and entities, said management module (55) facilitating customers and entities to write reviews and earn reward points through referrals, a future secure buying module that facilitates the purchase of goods that can provide high returns on resale, and a communication module (57) that facilitates the customers of the system (100) to communicate with each other; a central processing unit (2); a communication interface (4) that is connected to a Network (7); and a communication bus for communicating information within the system (100), wherein one or more modules in the system (100) are stored and operated from a remote server (6), and said system (100) operates within the Network (7) through connections to one or more remote devices (8).
2. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the Network is a Local Area Network.
3. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the Network is a Wide Area Network.
4. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the Network is the World Wide Web.
5. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the Network is an Internet Service Provider.
6. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the remote device is a computer.
7. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the remote device is a laptop.
8. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the remote device is a smart phone.
9. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the remote device is a smart watch.
10. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the remote device is a tablet.
11. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the user interface module (51) provides list of options for the user to view and navigate into the system (100).
12. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the user interface module (51) facilitates the user to search for one or more goods.
13. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the user interface module (51) facilitates the user to search for one or more services.
14. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the user interface module (51) facilitates the user to search for one or more entities.
15. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the specific period of time is a month.
16. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the specific period of time is a week.
17. A cost effective system (100) for improving the reach of an entity as claimed in claim 1, wherein the specific period of time is a 15 days.
, Description:TITLE OF THE INVENTION: COST EFFECTIVE SYSTEM FOR IMPROVING THE REACH OF AN ENTITY
FIELD OF THE INVENTION
The present disclosure is generally relates to an e-commerce system. Particularly, the present disclosure is related to a cost effective, business to business to consumer model, system for improving the reach of an entity which is beneficial to the end consumer.
BACKGROUND OF THE INVENTION
There are several major types of e-commerce systems in the current market. Some systems are hybrids of several types of e-commerce systems. One common type is an organizational e-commerce system, whereby various organizations developed their own e-commerce systems to sell their products and services online. Another common type is an Internet Marketplace. Such systems provide centralized digital places to connect buyers and sellers and provide means for online transactions. The third common type of e-commerce system is an Internet Advertising Website whereby a significant amount of the revenue is derived from online advertising.
The prior art online advertisement model is mainly based on a one-directional model (business to business model): advertisers provide online advertisements to media houses or advertisement companies on a fee basis, and the media houses or the advertisement companies present the advertisements to general public or targeted audience. In some other cases, advertisers provide online advertisements to a network advertisement agent, who assigns those advertisements to various advertisement companies and receives a percentage of the advertisement cost. The advertisement companies then present the advertisements to general public or targeted audience.
The media houses and advertisement companies are paid heavily without assuring sales or we can say their efforts are oriented not guaranteed even though exact data of viewers, readers or user is forbidden. The key of advertising industry is to get reach in the market, targeting consumers to generate profits and recover advertising cost too, along with product cost. All this advertising process involves consumer’s money in their books to calculate their profits. Ultimately, the cost of the products or services advertised using the prior art model are always high and will be on the heads of the end consumer. The consumer will not get benefitted from this advertisement model.
There is, therefore, a need in the art for a system for improving the reach of an entity which is cost effective.
There is, therefore, a need in the art for a system for improving the reach of an entity which is business to business to consumer model.
There is, therefore, a need in the art for a system for improving the reach of an entity assures definite reach.
There is, therefore, a need in the art for a system for improving the reach of an entity where the consumers are campaigners and hence the advertiser shares the advertisement cost with the consumer.
SUMMARY OF THE INVENTION
A cost effective system for improving the reach of an entity is disclosed. The system comprises: a mass storage; a memory that comprises an operating system and an e-commerce application, said e-commerce application comprising a user interface module that determines the queries that a user feeds into the system and outputs the appropriate information to the user, a customer module that facilitates the management of customers registered with the system, an entity module that facilitates the management of entities registered with the system, an advertisement and sales module that receives, reviews, estimates, and approves one or more advertisements or sales proposals, a money module that displays the earnings of each customer and the expenses for each entity with respect to each product or service for a specific period of time, a management module that houses and manages the virtual and real activities of customers and entities, a future secure buying module that facilitates the purchase of goods that can provide high returns on resale, and a communication module that facilitates the customers of the system to communicate with each other; a central processing unit; a communication interface that is connected to a Network; and a communication bus for communicating information within the system, wherein one or more modules in the system are stored and operated from a remote server, and said system operates within the Network through connections to one or more remote devices.
BRIEF DESCRIPTION OF THE INVENTION
Figure 1 illustrates an embodiment of a cost effective system for improving the reach of an entity, in accordance with the present disclosure.
DETAILED DESCRIPTION OF THE INVENTION
Throughout this specification, the use of the word "comprise" and variations such as "comprises" and "comprising" may imply the inclusion of an element or elements not specifically recited.
Throughout this specification the use of the word customer/customers and consumer/consumers may imply one or more persons who purchases any goods/products or avails any services.
Throughout this specification the uses of the word promote and its equivalent may imply advertisement and/or sales of a product or service.
Throughout this specification the use of the word entity/entities may imply one or more enterprise those who makes their goods/products or services available to the one or more customers purchasing the goods and/or services or for promotion.
Throughout this specification the use of the word user/users may imply one or more consumer or entity.
A cost effective system (100) for improving the reach of an entity is disclosed. As illustrated in figure 1, the cost effective system for improving the reach of an entity comprises a memory (1); a central processing unit (CPU) (2); a communication interface (4), a mass storage (3), and a communication bus (not shown) for communicating information within the system (100). A number of program modules may be stored in the mass storage (3) and in the memory (1), said memory comprises an operating system (not shown) and an e-commerce application (5).
In an embodiment of the present disclosure, the e-commerce application (5) may comprises a user interface module (51); a customer module (52); an entity module (53); an advertisement and sales module (54); a money module (56); a management module (55); and a communication module (57).
The Mass Storage (3) is a non-volatile medium, which is illustrated as an internal component of the system (100), but one should understand that it may also be an external one.
The communication interface (4) provide two-way data communications connected to communication link (41),that may be connected to a Network (7), such as a Local Area Network (LAN), Wide Area Network (WAN), World Wide Web, or directly to an Internet Service Provider (ISP). In particular, the communication link may provide wired and/or wireless network communication to the Internet, or one or more networks.
In a networked environment, program modules illustrated relative to the system (100), or portions thereof, may be stored and transferred from a Remote Server (6). Data from the system (100) may be stored or tracked on such Remote Server (6) and there can be more than one such server.
In an embodiment of the present disclosure, the system (100) may operate in a networked environment using connections to one or more remote devices (8) such as computers, laptops, and handheld devices. The handheld devices may include smart phones, tablets, and smart watches etc.
The user interface module (51) is a clear, concise, effective, responsive, aesthetic familiar, effective interface, which facilitates a user to interact with the system (100). The user interface module (51) determines the user queries are given to the system (100) and how the information is displayed to the user. In an embodiment, the user interface module (51) provides list of options to view and navigate into the system (100). In yet another embodiment, the user interface module (51) is provided with a facility for searching one or more goods or service and/or one more entities. In yet another embodiment, the search facility in the user interface module (51) may have list of all the categories of products or services and/or entities to simplify the search.
The customer module (52) facilitates to manage customers who are registered with the system (100). The module (52) collects the necessary details from the customers who wants to register with the system (100) and will be sent to the mass storage (4) for storing them. At the time of user registration, the module (52) performs necessary verification process to verify the customer. After successful registration with the system (100), each customer will be assigned with a unique customer ID. The customer has to buy a product or service to become a campaigner and only the costumer cum campaigner are eligible to promote the product and/or service to earn income for such promotion task.
The entity module (53) facilitates to manage entities who wanted to register with the system (100). The module (53) collects the necessary details from the entities that wants to register with the system (100) and will be sent to the mass storage (4) for storing them. At the time of entity registration, the module (53) performs necessary verification process to verify the entities. After successful registration with the system (100), each customer will be assigned with a unique entity ID.
The advertisement and sales module (54) takes care of receiving, reviewing, estimating and approving one or more advertisements and/or sales request submitted by the entities. After receiving an advertisement and/or sales proposal for a product and/or service from an entity, the module (54) performs a preliminary review about the advertisement and/or sales proposal and prepares a cost estimate for a specific period of time and shares it with the entity for its review. After receiving the positive response from the entity the module (54) approves the proposal and posts the respective details to the system (100). The proposal once approved by this module (54) will then be made available for the customer and displayed in the user interface (51) for each customer.
The management module (55) is an application within the system (100) to house and manage customer’s and/or entity’s virtual and real activities in an organized manner and allows the customer and/or entity to perform their task. The management module (55) facilitates the customer and/or entity to write reviews about the system (100) and their own tasks and also facilitates to earn reward points by referring the system to some other persons or entities.
The management module (55) collects and maintains the details about the peoples contacted for promoting the products and/or services from each customer and stores the data in the mass storage (4) against their respective customer IDs. These details will be displayed in the user interface (51) for each customer for their reference. Various type of filtration, such as entity, product and/or service, category, date range etc., can be used to view the details. These details will be used for calculating the earnings of the individual customers for a specific time period.
The management module (55) also performs the calculation of total number of peoples contacted for promoting each product and/or service by all the customers, number of sales generated collectively by all the customers with respect to the product and/or service, and stores the data in the mass storage (4) against each entity ID along with each product and/or service ID. These details will be displayed in the user interface (51) for each entity for their reference. Various type of filtration, such as product and/or service, category, date range etc., can be used to view the details. These details will be used for calculating the total expenses for each entity with respect to each product and/or service for a specific period of time.
The money module (56) facilitates to calculate the earnings of each customer, the total expenses for each entity with respect to each product and/or service, receive the payments from each entity and dispose payment for each customer, for a specific period of time.
The money module (56) may display the earnings of each customer in the user interface (51) in the organized manner. These details can be viewed in different ways by applying the filters such as entity, product and/or service, category, date range etc.
The money module (56) may display the expenses for each entity with respect to each product and/or service for a specific period of time in the user interface (51) in the organized manner. These details can be viewed in different ways by applying the filters such as product and/or service, category, date range etc.
In an embodiment, the specific period of time may be a month. In yet another embodiment, the specific period of time may be a week. In yet another embodiment, the specific period of time may be 15 days.
The communication module (57) facilitates the customers of the system (100) to communicate with other customer online and/or offline.
In an embodiment, the system (100) further comprises a future secure buying module; said module facilitating the purchase of goods that can provide high returns on resale.
For example, if the system (100) has sold a mobile phone at the price of INR 10000 and profit earned on the sale is INR 2500, the system (100) keeps INR 1000 as profit of the sale and generates a fixed deposit for the reaming INR 1500 in the name of the customer who purchased the mobile phone. If the buyer decided to resale the mobile phone to the system (100) after 3 years, the buyer will get INR 4500 as the resale value for the mobile phone along with INR 3000 at the end maturity period of the fixed deposit. Hence, the customer of the system (100) is ensured with the resale value of 75% approx. and making his purchases future secured.
Following are the few illustrative example of the function of the system.
A. Both Advertisement and Sale:
The consumer cum campaigner can choose any product or service listed by the system (100) to promote among his/her loved ones or else by making cold calls, he/she needs to explain them about the product or service and for this work he/she may get paid for each call.
For example, if 1000 consumer cum campaigners of the system (100) meets minimum one person daily to introduce them about a product or service, they can reach 3000 people in a month. If 500 people out of the 3000 agreed to purchase the promoted product or service they will also get the opportunity to campaign for the products and/or service and earn through the system (100).
The earning for the above promotions is calculated as follows:
1000*1*30 = 3000 new people who got detailed information about the product or service (motto of advertisement is completed)
Now out of 3000 new calls 500 people decided to buy the product or service and suppose value of the product was INR 5000 with INR 500 of profit on each sale (motto of sales with advertisement also accomplished which is not available in any traditional advertising model).
The Profit now is 500* INR 500 = INR 250000
Suppose 10% from the profit is deducted by the system (100) as its service charge and the balance remaining for the consumer cum campaigners is INR 250000-10% = INR 2 lacks
Hence, the system (100) is committed to provide them 0 INR – 100 INR per call
(Here 0 INR indicates no sales made in 30 days)
So INR 200000/3000 = INR 67 approx.
Whoever generated sales were paid commission for their sales along with INR 67 per call to his existing 1000 consumers cum campaigners and the system (100) got 500 new consumers cum campaigners.
Here each one from 1000 customers met to 30 new people for advertising the product in a month and generated sales or not will be get paid for 2010 INR without any investments.
B. Only Advertisement without Sale:
In present world no commissions or income is generated until a sale is made but here no sales is required for generating advertising income for the consumers cum campaigners. If an entity contacted the system (100) for their advertisement and agreed to provide only advertisement income to the customers cum campaigners, than the system (100) will distribute for each call made by the consumers and campaigners equally declaring the price per call or meeting they had promoting the particular entity.
For example, if the system (100) has 1000 consumers cum campaigners and each one contacted one person to promote the entity for 30 days, and price declared is INR 50 for each demonstration.
So 1000*1*30 = 3000 new people got introduced with the product
Each consumer cum campaigner contacted 30 people so 30*50 = 1500 INR will be paid to each consumer cum campaigner. Hence, the total expenses to the entity for the period is
1000*30*INR 50 = INR 1500000
C. Appointment of Remisier or Opinion Leaders:
Suppose if a consumer cum campaigner advertised and introduced 30 people and 10 out of 30 make purchase from using the system (100), then the consumer cum campaigner became a remisier. Whenever, a people introduced by the remisier earn income from the system (100) by his/her promotional activities, being a remisier, he/she will also get 5% remisier bonus on the advertisement earnings of the people introduced by the remisier.
It will be apparent to a person skilled in the art that the above description is for illustrative purposes only and should not be considered as limiting. Various modifications, additions, alterations and improvements without deviating from the spirit and the scope of the disclosure may be made by a person skilled in the art. Such modifications, additions, alterations and improvements should be construed as being within the scope of this disclosure.
LIST OF REFERENCE NUMERALS
100 – System
1 – Memory
2 – Central Processing Unit (CPU)
3 – Mass Storage
4 – Communication Interface
5 – E-Commerce Application
51 – User Interface Module
52 – Customer Module
53 – Entity Module
54 – Advertisement & Sales Module
55 – Management Module
56 – Money Module
57 – Communication Module
6 – Remote Server
7 – Network
8 – Remote Devices
| # | Name | Date |
|---|---|---|
| 1 | 201821022005-FORM FOR STARTUP [12-06-2018(online)].pdf | 2018-06-12 |
| 2 | 201821022005-FORM FOR SMALL ENTITY(FORM-28) [12-06-2018(online)].pdf | 2018-06-12 |
| 3 | 201821022005-FORM 1 [12-06-2018(online)].pdf | 2018-06-12 |
| 4 | 201821022005-FIGURE OF ABSTRACT [12-06-2018(online)].jpg | 2018-06-12 |
| 5 | 201821022005-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [12-06-2018(online)].pdf | 2018-06-12 |
| 6 | 201821022005-FORM28 [16-04-2019(online)].pdf | 2019-04-16 |
| 6 | 201821022005-EVIDENCE FOR REGISTRATION UNDER SSI [12-06-2018(online)].pdf | 2018-06-12 |
| 7 | 201821022005-OTHERS [16-04-2019(online)].pdf | 2019-04-16 |
| 7 | 201821022005-DRAWINGS [12-06-2018(online)].pdf | 2018-06-12 |
| 8 | 201821022005-DECLARATION OF INVENTORSHIP (FORM 5) [12-06-2018(online)].pdf | 2018-06-12 |
| 9 | 201821022005-OTHERS(ORIGINAL UR 6(1A) FORM 1, FORM 5 & FORM 26)-220618.pdf | 2018-09-21 |
| 9 | 201821022005-COMPLETE SPECIFICATION [12-06-2018(online)].pdf | 2018-06-12 |
| 10 | 201821022005-Proof of Right (MANDATORY) [21-06-2018(online)].pdf | 2018-06-21 |
| 10 | Abstract1.jpg | 2018-08-11 |
| 11 | 201821022005-ENDORSEMENT BY INVENTORS [21-06-2018(online)].pdf | 2018-06-21 |
| 11 | 201821022005-FORM-26 [21-06-2018(online)].pdf | 2018-06-21 |
| 12 | 201821022005-ENDORSEMENT BY INVENTORS [21-06-2018(online)].pdf | 2018-06-21 |
| 12 | 201821022005-FORM-26 [21-06-2018(online)].pdf | 2018-06-21 |
| 13 | Abstract1.jpg | 2018-08-11 |
| 14 | 201821022005-COMPLETE SPECIFICATION [12-06-2018(online)].pdf | 2018-06-12 |
| 14 | 201821022005-OTHERS(ORIGINAL UR 6(1A) FORM 1, FORM 5 & FORM 26)-220618.pdf | 2018-09-21 |
| 15 | 201821022005-PA [16-04-2019(online)].pdf | 2019-04-16 |
| 15 | 201821022005-DECLARATION OF INVENTORSHIP (FORM 5) [12-06-2018(online)].pdf | 2018-06-12 |
| 16 | 201821022005-OTHERS [16-04-2019(online)].pdf | 2019-04-16 |
| 16 | 201821022005-DRAWINGS [12-06-2018(online)].pdf | 2018-06-12 |
| 17 | 201821022005-FORM28 [16-04-2019(online)].pdf | 2019-04-16 |
| 17 | 201821022005-EVIDENCE FOR REGISTRATION UNDER SSI [12-06-2018(online)].pdf | 2018-06-12 |
| 18 | 201821022005-FORM-26 [16-04-2019(online)].pdf | 2019-04-16 |
| 18 | 201821022005-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [12-06-2018(online)].pdf | 2018-06-12 |
| 19 | 201821022005-FORM FOR STARTUP [16-04-2019(online)].pdf | 2019-04-16 |
| 19 | 201821022005-FIGURE OF ABSTRACT [12-06-2018(online)].jpg | 2018-06-12 |
| 20 | 201821022005-FORM 1 [12-06-2018(online)].pdf | 2018-06-12 |
| 20 | 201821022005-ASSIGNMENT DOCUMENTS [16-04-2019(online)].pdf | 2019-04-16 |
| 21 | 201821022005-8(i)-Substitution-Change Of Applicant - Form 6 [16-04-2019(online)].pdf | 2019-04-16 |
| 21 | 201821022005-FORM FOR SMALL ENTITY(FORM-28) [12-06-2018(online)].pdf | 2018-06-12 |
| 22 | 201821022005-FORM FOR STARTUP [12-06-2018(online)].pdf | 2018-06-12 |
| 22 | 201821022005-ORIGINAL UR 6(1A) FORM 26-260419.pdf | 2019-08-02 |