Social platform ecommerce system and method of operation

摘要

A social platform ecommerce system, method and computer-readable medium to engage in real-time communication through real time announcements or blogging are provided. The social platform ecommerce system, method and computer-readable medium may include a selling module for implementing social selling and determining a preferred selling method for an item, and a shipping module for determining the preferred method of shipping and the cost of shipping an item to a location designated by a buyer. Such methods and systems are socially conscious and may further include a giving application for providing a charitable contribution. A fraud checking module may also be included to check for, determine and prevent fraud by interrupting the sale and shipping process to ensure both the buyer and seller are protected during the ecommerce transaction.

主权项

1. A computer-implemented method for conducting an electronic commerce transaction comprising:
creating an item having associated item data elements; storing the item data elements in a database; providing real time announcements by a seller and by a buyer over a social platform and creating data elements related to each real time announcement of the seller and the buyer for storage in the database; choosing a selling process for selling the item over the social platform from at least one of offering the item for sale at a fixed price, soliciting an offer for the item and setting an auction for the item; generating, by a processor, sales data elements for each chosen selling process and storing the sales data elements in the database; displaying the item for sale on the social platform using the item data elements and the sales data elements for the chosen selling process; the seller receiving an offer, bid or purchase for the item over the social platform; the seller accepting or rejecting the offer, bid or purchase; upon the seller accepting the offer, bid or purchase processing payment for the buyer including monitoring one of the number of previous transactions by the buyer within a time interval, payments made by the buyer within a second time interval, and a third time interval between transactions by the buyer; upon processing payment for the buyer, accepting payment for the seller including monitoring one of the number of previous transactions by the seller within a time interval, payments made by the seller within a second time interval, and a third time interval between transactions by the seller; and a seller and buyer rating module which captures buyer and seller activity on the social platform and develops a rating for each buyer and a rating for each seller registered on the social platform based on details of the transaction and having a rating range that does not immediately affect the rating for the buyer or the for the seller as displayed on the social platform.