18435524. SOCIAL MEDIA MARKETPLACE simplified abstract (PayPal, Inc.)
Contents
SOCIAL MEDIA MARKETPLACE
Organization Name
Inventor(s)
Elango Israel Gabriel Jesudian of Celbridge (IE)
SOCIAL MEDIA MARKETPLACE - A simplified explanation of the abstract
This abstract first appeared for US patent application 18435524 titled 'SOCIAL MEDIA MARKETPLACE
The patent application describes methods and systems for enabling shopping for products that have been liked on a social media network.
- Users can like a product on a merchant's website, which is then shared to the social media platform.
- Other users who see the liked product on social media can purchase it directly from the platform.
- Feedback and ratings can be left by users after purchasing, visible to all who view the item on the social media platform.
Potential Applications: - E-commerce platforms - Social media networks - Online marketing and advertising
Problems Solved: - Streamlining the shopping process for users - Increasing visibility and engagement for merchants - Enhancing user experience on social media platforms
Benefits: - Simplified shopping experience - Increased sales for merchants - Enhanced user engagement and interaction on social media
Commercial Applications: - Integration with e-commerce websites - Marketing and advertising strategies on social media platforms - Data analytics for targeted marketing campaigns
Questions about the technology: 1. How does this technology impact user behavior on social media platforms? 2. What are the potential challenges in implementing this system on a large scale?
Frequently Updated Research: - Stay updated on consumer behavior trends on social media platforms - Monitor advancements in e-commerce technology for potential integration opportunities.
Original Abstract Submitted
Methods and systems are provided for facilitating shopping for products that have been liked to a social media network. A product can be seen on a merchant's website, for example. The product can be liked by user to the social media website. When the same or a different user subsequently sees the liked product on the social media website, the same or different user can purchase the product from the social media website. Thus, the user is not required to visit the merchant's website to perform the purchase transaction. Upon completion of the purchase, the user can be allowed to leave feedback to rate the item according to a predefined scale, which can be visible to all those who view the item, as exhibited by a vendor on the social media platform.
