Commission fees adjustment system
Abstract
Methods, systems, and devices for providing automatic adjustment to commission fees on a network-based marketplace. Consistent with some embodiments, a purchase offer for an item for sale is received via a user interface of a client device, the purchase offer including an offer price. Upon determining that the offer price is below a listed price, a commission fee reduction value is computed based on a difference between the listed price and the offer price. A reduced commission fee is determined based on the commission fee reduction value and a standard commission fee. Upon determining that the reduced commission fee satisfies a condition defined by a set of rules, a transaction for the sale of the item is automatically completed based on the reduced commission fee, the completing of the transaction comprising reducing the listed price by the commission fee reduction value.
Claims
exact text as granted — not AI-modifiedWhat is claimed is:
1 . A system comprising:
one or more processors; and a non-transitory memory storing instructions that configure the one or more processors to perform operations comprising:
receiving, by a server machine, a purchase offer for an item for sale via a user interface displayed on a client device, the purchase offer including an offer price;
based on determining the offer price is below a listed price for the item for sale, computing, by the server machine, a commission fee reduction value based on a difference between the listed price and the offer price;
determining, by the server machine, a reduced commission fee based on the commission fee reduction value and a standard commission fee; and
based on determining that the reduced commission fee satisfies a condition and in response to a user of the client device submitting the purchase offer via the user interface, automatically completing, by the server machine, a transaction for the sate of the item based on the reduced commission fee, the completing of the transaction comprising reducing the listed price by the commission fee reduction value without any user interaction from the seller of the item with the network-based marketplace to reduce the listed price for the item.
2 . The system of claim I, wherein the user interface comprises an editable input field for entering the offer price.
3 . The system of claim 1 , wherein the operations further comprise:
based on determining that the reduced commission fee verifies the condition, causing display, within the user interface, of an updated listed price, the updated listed price being based on the listed price and on the commission fee reduction value.
4 . The system of claim 3 , wherein the updated listed price is equal to the listed price reduced by the commission fee reduction value.
5 . The system of claim 1 , wherein the condition comprises a rule that the reduced commission fee surpasses a threshold commission fee.
6 . The system of claim 5 , wherein the threshold commission fee is computed based on user profile data of a user associated with the client device.
7 . The system of claim I, wherein the operations further comprise identifying a listed price for the item for sale, the identifying the listed price comprises:
identifying a plurality of item listing for the item for sale; and identifying the item listing having a lowest listed price among the plurality of item listings for the item for sale, the listed price being the lowest listed price.
8 . A method comprising:
receiving, by a server machine, a purchase offer for an item for sale via a user interface displayed on a client device, the purchase offer including an offer price; based on determining the offer price is below a listed price for the item for sale, computing, by the server machine, a commission fee reduction value based on a difference between the listed price and the offer price; determining, by the server machine, a reduced commission fee based on the commission fee reduction value and a standard commission fee; and based on determining that the reduced commission fee satisfies a condition and in response to a user of the client device submitting the purchase offer via the user interface, automatically completing, by the server machine, a transaction for the sale of the item based on the reduced commission fee, the completing of the transaction comprising reducing the listed price by the commission fee reduction value without any user interaction from the seller of the item with the network-based marketplace to reduce the listed price for the item.
9 . The method of claim 8 , wherein the user interface comprises an editable input field for entering the offer price.
10 . The method of claim 8 , wherein the operations further comprise:
based on determining that the reduced commission fee verifies the condition, causing display, within the user interface, of an updated listed price, the updated listed price being based on the listed price and on the commission fee reduction value.
11 . The method of claim 10 , wherein the updated listed price is equal to the listed price reduced by the commission fee reduction value.
12 . The method of claim 8 , wherein the condition comprises a rule that the reduced commission fee surpasses a threshold commission fee.
13 . The method of claim 12 , wherein the threshold commission fee is computed based on user profile data of a user associated with the client device.
14 . The method of claim 8 , wherein the operations further comprise identifying a listed price for the item for sale, the identifying the listed price comprises:
identifying a plurality of item listing for the item for sale; and identifying the item listing having a lowest listed price among the plurality of item listings for the item for sale, the listed price being the lowest listed price.
15 . A non-transitory machine-readable storage medium including instructions that, when executed by a machine, cause the machine to perform operations comprising:
receiving, by a server machine, a purchase offer for an item for sale via a user interface displayed on a client device, the purchase offer including an offer price; based on determining the offer price is below a listed price for the item for sale, computing, by the server machine, a commission fee reduction value based on a difference between the listed price and the offer price; determining, by the server machine, a reduced commission fee based on the commission tee reduction value and a standard commission fee; and based on determining that the reduced commission fee satisfies a condition and in response to a user of the client device submitting the purchase offer via the user interface, automatically completing, by the server machine, a transaction for the sale of the item based on the reduced commission fee, the completing of the transaction comprising reducing the listed price by the commission fee reduction value without any user interaction from the seller of the item with the network-based marketplace to reduce the listed price for the item.
16 . The non-transitory machine-readable storage medium of claim 15 , wherein the user interface comprises an editable input field for entering the offer price.
17 . The non-transitory machine-readable storage medium of claim 15 , wherein the operations further comprise:
based on determining that the reduced commission fee verifies the condition, causing display, within the user interface, of an updated listed price, the updated listed price being based on the listed price and on the commission fee reduction value.
18 . The non-transitory machine-readable storage medium of claim 17 , wherein the updated listed price is equal to the listed price reduced by the commission fee reduction value.
19 . The non-transitory machine-readable storage medium of claim 15 , wherein the condition comprises a rule that the reduced commission fee surpasses a threshold commission fee.
20 . The non-transitory machine-readable storage medium of claim 19 , wherein the threshold commission tee is computed based on user profile data of a user associated with the client device.Join the waitlist — get patent alerts
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