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A BUSINESS MODEL FOR ECOMMERCE WEBSITE TO SHARE COMMISSION ON SALE OF PRODUCT BY WEBSITE ADMINISTRATOR/OWNER WITH TWO PARTICIPATING USERS. THIS MODEL IS TERMED AS MUTUAL SHOPPING MODEL.
A BUSINESS MODEL FOR ECOMMERCE WEBSITE TO SHARE COMMISSION ON SALE OF PRODUCT BY WEBSITE ADMINISTRATOR/OWNER WITH TWO PARTICIPATING USERS. THIS MODEL IS TERMED AS MUTUAL SHOPPING MODEL.
This patent describes a method of sharing the product sale commission of a marketplace C2C, B2C and B2B ecommerce website with two participating users of the same website in order to generate more sales. This strategy persuades users of the website to involve themselves in marketing products of the website since mutual benefit can be claimed through this model. This model is termed as Mutual Shopping model since all three participants; website Administrator, User A and User B are mutually benefited through successful sale of a product. Commission set for sale of a product is shared with participants User A and User B through channel of the website Administrator.
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