WO2025046312A1 - System and method for aggregating multiple buyers utilizing cink (combined interactive negotiating key) - Google Patents

Abstract

The disclosed invention is a management system called the "Combined Interactive Negotiating Key" (CINK) Management System reimagines conventional procurement approaches, acting as a bridge between buyers and sellers to optimize pricing accessibility Buyers seeking single or multiple goods submit CINKs, initiating a groundbreaking negotiation process. Upon receiving a CINK, the system employs sophisticated algorithms to assess variables like desired goods, quantities, and pricing preferences. Based on this analysis, the system determines whether to allocate the CINK individually to sellers or aggregate it into a collective CINK. This decision-making process relies on a robust database of goods, sellers, and pricing data, ensuring efficient negotiation outcomes.

Description

SYSTEM AND METHOD FOR AGGREGATING MULTIPLE BUYERS UTILIZING CINK (COMBINED INTERACTIVE NEGOTIATING KEY) CROSS-REFERENCE TO RELATED APPLICATIONS AND PRIORITY The present application doesn’t claim any priority. Field of the Invention: BACKGROUND The subject matter discussed in the background section should not be assumed to be prior art merely because of its mention in the background section. Similarly, a problem mentioned in the background section or associated with the subject matter of the background section should not be assumed to have been previously recognized in the prior art. The subject matter in the background section merely represents different approaches, which in and of themselves may also correspond to implementations of the claimed a buyer-driven system that permits a buyer to obtain goods and services at a price set by the buyer, at a price typically below the retail price. In the current e-commerce platforms, the common problem encountered by online buyers is that they can’t get products at a lower cost unless and until they order a larger quantity of products. Because the customer cannot buy a large quantity of products, they are bound to pay a higher price for a single piece of a commodity. In many cases, however, the buyer pays the higher price because there is no other option to obtain the products at the affordable price that bulk purchases may provide. The invention addresses the limitations and shortcomings of existing systems for selling goods and services, particularly in the context of individual consumers. The background of the invention recognizes the dominant seller-driven approach, where sellers have control over pricing, packaging, and offers, while buyers are left to decide whether to accept or not. This approach often leads to buyers paying higher prices, especially when they cannot purchase in bulk quantities. In contrast, the invention introduces a buyer-driven system that empowers buyers to dictate the terms of their offers. By doing so, buyers can potentially obtain products at lower costs, comparable to what bulk orders or institutional purchasers typically enjoy. The concept of a buyer-driven system is exemplified by "help wanted" advertisements, where employers actively seek qualified employees and potential candidates respond by submitting their resumes. This analogy highlights the need for a similar approach in the realm of consumer goods and services. Large organizations, such as corporations and government entities, have successfully employed buyer-driven systems to purchase goods and services at the lowest possible prices. They utilize a formal process known as a "Request for Proposal" (RFP), where they define their buying requirements in detail and distribute the RFPs to potential suppliers. This process allows suppliers to evaluate whether they can fulfill the buyer's needs and decide whether to invest the necessary resources to submit a proposal. The buyer then evaluates the proposals received and selects the winning supplier based on the price and other criteria. The RFP process has proven beneficial for large organizations due to their substantial volume buying power, which attracts suppliers to compete for their business. Additionally, these organizations have the resources to effectively communicate their buying needs to a wide range of suppliers. As a result, they can negotiate significant unit cost savings, particularly for commodities, commodity services, and perishable items. However, individual consumers face significant challenges in participating effectively in the RFP process. Their lack of bulk buying power and limited resources prevent them from enjoying the same cost savings as large organizations. Attempts have been made to utilize the Internet to facilitate buyer-driven transactions between individual consumers and sellers. For example, consumers can post "wanted" ads on online platforms, essentially creating their own RFPs. However, such attempts have been largely unsuccessful due to practical difficulties for sellers in monitoring multiple platforms and responding to diverse and unstandardized requests. Moreover, sellers are deterred from engaging in such processes due to concerns about the authenticity of the requests, high costs associated with negotiating with individual consumers, and challenges in enforcing agreements, including payment guarantees. The absence of a critical mass of sellers further diminishes the incentive for buyers to post their requests. Consequently, current systems fail to provide individuals with the means to effectively leverage the benefits of bulk purchasing and achieve substantial cost savings, especially for commodities and perishable items. Although previous systems have attempted to tap into the purchasing power of consumer groups, they have not adequately addressed the issues of authenticating group offers and enforcing agreements between the group and the seller. The background also acknowledges the advantages of aggregating buyers for sellers. For example, in the insurance industry, offering insurance to groups of individuals can result in reduced prices. This is due to the lower costs incurred by insurance carriers when negotiating and administering a single group policy. However, existing insurance systems have not fully resolved the challenges of validating group offers and ensuring enforceability of agreements between the group and the insurance carrier. Furthermore, previous insurance systems did not allow for the formation of group insurance offers based on multiple offers received from individuals, such as self-employed individuals seeking the cost savings associated with group insurance. The identified deficiencies in conventional systems underscore the need for a buyer- driven system that enables individuals to obtain goods and services at prices set by the buyers themselves, often below the retail price. The invention aims to fulfill this need by providing a system that allows buyers to exercise control over their offers SUMMARY OF INVENTION The aforementioned and other needs are addressed by the various aspects, embodiments, and/or configurations of the present disclosure. The present disclosure is directed to a Combined Interactive Negotiating Key (CINKs) management system for receiving and processing individual Order from buyers for one or more goods. The Combined Interactive Negotiating Key (CINKs) management system is an innovative solution that transforms group purchasing by combining negotiation, communication, and bulk ordering functionalities. Through its various embodiments, the invention empowers buyers to secure favourable prices, strengthens their bargaining position, and promotes efficient transactions in a group setting. The Combined Interactive Negotiating Key (CINKs) management system facilitates group purchasing and negotiation through an interactive platform. It enables buyers to form groups, negotiate prices, and place bulk orders, providing advantages such as group discounts and enhanced buying power. The embodiments of invention include a user interface for posting and joining groups, a communication platform for group members, a negotiation module, and an aggregate CINK management system. The CINK management system facilitates effective communication among group members; the system incorporates a communication platform where buyers can interact, exchange information, and discuss terms and conditions. This feature promotes efficient transactions and ensures that all participants are well-informed throughout the negotiation process. The negotiation module within the system enables buyers to engage in price negotiations with sellers or suppliers. This module provides a structured framework for conducting negotiations, allowing buyers to present their offers, counteroffers, and reach mutually beneficial agreements. By streamlining the negotiation process, the CINKs management system saves time and effort for all involved parties. Furthermore, the system includes an aggregate CINK management system, which consolidates and manages the collective purchasing power of the group. This allows buyers to place bulk orders, taking advantage of economies of scale and potentially accessing even more favourable prices and terms. Overall, the Combined Interactive Negotiating Key (CINKs) management system revolutionizes group purchasing by providing a comprehensive platform for negotiation, communication, and bulk ordering. It empowers buyers to obtain better prices, strengthens their position in negotiations, and promotes efficient and transparent transactions within a group setting. Additionally, one embodiment of the CINKs management system includes a notification feature that alerts customers about the availability of new CINKs that are similar to their previous searches or orders. This functionality ensures that customers stay informed about relevant opportunities and encourages them to explore and engage in ongoing negotiations or group purchasing activities. By keeping customers updated with tailored notifications, the system enhances their overall experience and increases their chances of securing favourable deals. Components of Invention: User Interface: The CINKs management system comprises a user interface accessible to buyers. This interface allows buyers to post their intention to purchase a specific product, specify the desired quantity, and initiate group formation. Additionally, it enables buyers to search for products, view existing groups, and join relevant groups. Communication Platform: The system provides a communication platform within each group, allowing members to interact, share information, and engage in discussions related to the purchase. Features such as chat, forums, and polls enable effective communication and decision-making among group members. Negotiation Module: The CINKs management system includes a negotiation module that acts as a mediator between the group and the seller. It facilitates price negotiations based on the group's size, quantity, and other relevant factors. The module ensures fair and transparent negotiations, allowing both buyers and sellers to reach mutually beneficial agreements. Bulk Ordering: Once the group reaches the desired number of buyers, the CINKs management system enables the group to place a bulk order with the seller. Individual orders from group members are consolidated into a single order, allowing the group to benefit from bulk pricing advantages and reduced shipping costs. Aggregate CINK Management System: The invention incorporates an aggregate CINK management system that administers individual Order on behalf of groups. It dynamically forms groups based on predefined aggregation method, optimizing group composition to maximize benefits for buyers. The system ensures that individual Order meet the conditions of requested aggregate CINKs, thereby facilitating efficient and effective group formation. User Controls and Flexibility: The CINKs management system provides user controls to allow buyers to modify their individual Order, join or leave groups, and view pending aggregate CINKs. This flexibility ensures that buyers can align their CINKs with existing groups, enabling them to benefit from collective bargaining power and group discounts. The CINKs management system processes each received CINK to determine whether the CINK should be provided to sellers individually and/or collectively as part of an CINK, comprised of a plurality of individual Order. If a seller accepts a given CINK, either individually or collectively as part of an aggregate CINK, the aggregate CINK management system binds the buyer(s) on behalf of the accepting seller, to form one or more legally binding contracts. On the CINK management system, buyers publicize that are in the process of buying a product through a post that could be seen by all other buyers who are using this platform. The post will be shown to those buyers who are searching for that exact product, products similar to that product, and to buyers who want to check whether any groups are being formed to buy a product. This post, which was posted by a single buyers, will be present on the CINK management system and will last for a couple of days until it reaches the required number of buyers to form its group. The number of days can be extended by the group on an interactive basis, like a poll or by vote. This can be done to increase the number of people in the group so that the price can be even lower. A set number of minimum and maximum buyers that can be in a group will be determined by the product, the seller, or both. When a product reaches its maximum number of customers, it does not stop customers from joining the group, but it indicates that the price will not be reduced more than this since the maximum number of buyers has been attained. The process of joining the group would be called as " CINK management system ". Those buyers who have checked out the product and want to join the group would click a link called " CINK management system " which would add them to the existing group. This group will be an interactive group where the members can interact with each other. They could share their thoughts, suggestions, and other information they want to share. There are polls that can be started in the group, and decisions are made only based on the majority of votes that a particular decision gets. Every member of the group has the right to leave if they don’t want to be in the group anymore. When the group is enough with the number of customers with them, the group then place their order to the seller. Here, the CINK management system will be a mediator between them and help them negotiate a price with the seller. Once the price of the product is negotiated with the seller, the cost of the product will be fixed, and the order will be placed. Here, when the order is placed with the seller, it is seen as a bulk order since each individual order of a customer in the group is unified together as a single order to make it a bulk order. By using this process of buying in bulk, the cost of the product will be equal to that of bulk orders that are bought by other retailers. In this way, we could possibly form a bridge between the customers and the manufacturers. The aggregate CINK management system administers individual Order on behalf of groups of individual buyers to form aggregate CINKs, which are offered to sellers. In this manner, individuals are able to obtain group discounts and other benefits associated with volume purchases. The aggregate CINK management system preferably forms groups dynamically in accordance with predefined aggregation rules. Individual buyers may know that their individual CINK has been aggregated as part of a group into an aggregate CINK. In one embodiment, the aggregate CINK price is an average of the individual CINK prices for each CINK included in the aggregate CINK. The aggregation rules can optionally require that the terms of an individual CINK, including price, be within predefined tolerances of the terms of an aggregate CINK or one or more pending individual Order, in order for the individual CINK to be included in an aggregate CINK. The aggregate CINK management system preferably permits a buyer to review pending aggregate CINKs, prior to submitting a new CINK, so that the buyer can request to include a CINK in one or more existing aggregate CINKs. Thus, buyers can ensure that the conditions of their CINK for the purchase of goods or services can meet the conditions of the requested aggregate CINKs. In addition, the aggregate CINK management system can request a buyer to modify the original terms of a CINK to conform the terms to an existing aggregate CINK or one or more pending individual Order, so that the modified CINK can be included with the pending aggregate CINK or the pending individual Order to form a new aggregate CINK. A buyer's CINK can optionally be provided simultaneously to sellers individually and collectively, as part of one or more aggregate CINKs. If the buyer's CINK is first accepted as part of an aggregate CINK, the status of the accepted aggregate CINK and the individual CINK is changed to “completed,” and the terms of the other non-accepted aggregate CINKs, if any, are adjusted to reflect the removal of the individual CINK. If the buyer's individual CINK is accepted first, the status of individual CINK is changed to “completed” and the terms of each aggregate CINK is adjusted to reflect the removal of the individual CINK that was simultaneously included in the aggregate CINK. One embodiment of the CINKs management system includes a feature that notifies customers whenever a new CINK becomes available, specifically tailored to their previous searches or orders. This notification functionality is designed to enhance customer engagement and facilitate their participation in group purchasing and negotiation activities. By analyzing the customers' previous searches or orders, the system identifies their specific interests and preferences. It then continuously monitors the availability of new CINKs that align with these preferences. When a relevant CINK emerges, the system promptly notifies the customers, ensuring that they are aware of the opportunity. This embodiment aims to improve customer convenience and satisfaction by reducing the effort required to stay updated on new negotiations and group purchasing possibilities. Customers no longer need to actively search for new CINKs; instead, the system proactively delivers information about relevant CINKs to their attention. The notification feature fosters customer engagement by encouraging them to explore and participate in negotiations or group orders that match their preferences. It enables customers to take advantage of favorable pricing and buying opportunities, contributing to a more efficient and mutually beneficial group purchasing experience. A more complete understanding of the present invention, as well as further features and advantages of the present invention, will be obtained by reference to the following detailed description and drawings. BRIEF DESCRIPTION OF THE DRAWINGS The drawings illustrate the design and utility of various embodiments of the invention. It should be noted that the figures are not drawn to scale and that elements of similar structures or functions are represented by like reference numerals throughout the figures. In order to better appreciate how to obtain the above-recited and other advantages and objects of various embodiments of the invention, a more detailed description of the present inventions briefly described above will be rendered by reference to specific embodiments thereof, which are illustrated in the accompanying drawings. Understanding that these drawings depict only typical embodiments of the invention and are not therefore to be considered limiting of its scope, the invention will be described and explained with additional specificity and detail through the use of the accompanying drawings in which: FIG. 1 is a schematic block diagram illustrating a Combined Interactive Negotiating Key (CINKs) management system in accordance with one embodiment of the present invention. FIG.2 is a schematic block diagram of the exemplary central controller of FIG.1. FIG.3 is a are a flowchart describing an exemplary CINK monitoring process implemented by the central controller. DETAILED DESCRIPTION FIG. 1 shows a Combined Interactive Negotiating Key(CINKs) management system 100 for receiving and processing CINKs from one or more buyers, utilizing buyer interfaces 410-412, for one or more goods. The Combined Interactive Negotiating Key (CINKs) management system 100 processes each received CINK to determine whether the CINK should be provided to sellers, utilizing seller interfaces 400-402, individually and/or collectively as part of a CINK, comprised of a plurality of individual Order. As discussed further below, if a seller accepts a given CINK, either individually or collectively as part of a CINK, the CINK management system 100 binds the buyer 410 on behalf of the accepting seller 400, to form a legally binding contract. As used herein, a CINK is a binding offer containing one or more conditions submitted by a buyer for the purchase of goods, at a buyer-defined price.. In the illustrative airline embodiment, the customer-defined conditions would include itinerary parameters, such as the origin and destination cities; acceptable dates and times of departure and return; and whether connecting flights or stopovers are acceptable to the customer. In addition, the parameters of a CINK may allow a customer to specify one or more preferred airline(s), flights, seat assignments, seat class, aircraft type, refund/change methods, or maximum layover time. According to one feature of the present invention, the CINK management system 100 administers CINKs on behalf of groups of buyers to form CINKs which are offered to sellers. In this manner, individuals are able to obtain group discounts and other benefits associated with volume purchases. As discussed below, the CINK management system 100 preferably forms groups dynamically in accordance with aggregation methods, as individual Order are received. It is noted that individual buyers may not know that their individual CINK has been as part of a group into CINK. In one preferred embodiment, the CINK contains a unit price that is an average of the individual CINK prices for each CINK included in the CINK. In another embodiment, the CINK price is the total of the individual CINK prices for each CINK included in the CINK. In this manner, as individual Order are added to existing CINKs, the CINK price is preferably adjusted. In both embodiments, it is anticipated that the buyer will pay the original offer price specified in the buyer's CINK. Alternatively, the buyer can pay the average price of the individual Order within the CINK, or another modified price. The individual CINK prices offered by individual buyers may vary so that a higher individual CINK price can offset below-average CINK prices. In one embodiment, the aggregation or combine methods can require that the terms of an individual CINK, including price, be within predefined tolerances of the terms of a CINK, in order for the individual CINK to be included in the CINK. In addition, periodic maintenance is preferably performed to analyse the individual Order within each CINK to remove statistical outliers from the group. The CINK management system 100 preferably permits a buyer to review pending CINKs, prior to submitting a new CINK, so that the buyer can request to include a CINK in one or more existing CINKs. In this manner, the buyer can ensure that the conditions of the CINK specified by the buyer for the purchase of goods can meet the conditions of the requested existing CINKs. In a further variation, the CINK management system 100 can request a buyer to modify the original terms of a CINK to conform the terms to an existing CINK or one or more pending individual Order, so that the modified CINK can be included with the pending CINK or the pending individual CINK(s) to form a new CINK. In yet another variation, the individuals within a group associated with a given CINK may be required to approve the addition of any further individuals in the group. In an illustrative insurance implementation, the CINK management system 100 permits the formation of groups of buyers such that a common risk portfolio can be presented in a CINK to insurance companies. As buyers individually submit CINKs for insurance, the CINK management system 100 preferably collects risk evaluation data, such as demographics, driving records or tobacco consumption behaviour. The CINK management system 100 then preferably “scores” the received risk evaluation data, using conventional risk scoring methods, as would be apparent to a person of ordinary skill. As individual Order are received for similar insurance products, the CINK management system 100 preferably averages the risk scores of each individual buyer, to form a group. In one preferred embodiment, the CINK management system 100 permits groups having a desired demographic or risk assessment composition to be formed. For example, if an insurance company has an efficient treatment protocol for certain high-risk patients, such as cardiac patients, the insurance company may desire to insure such individuals in a group, in exchange for the corresponding appropriate premiums. Thus, if the annual cost to the insurance company for treating such high- risk patients is below the annual premium, the difference may be retained as profit. According to a further feature of the invention, the CINK management system 100 preferably withholds personal information from each insurance carrier until a CINK is accepted and the group policy is issued, thereby preventing discrimination. In a preferred embodiment, a buyer's CINK can simultaneously be provided to sellers individually and collectively, as part of one or more CINKs. If the buyer's CINK is first accepted as part of a CINK, the status of the accepted CINK and the individual CINK is changed to “completed,” and the terms of the other non- accepted CINKs, if any, are adjusted to reflect the removal of the individual CINK. If the buyer's individual CINK is accepted first, the status of individual CINK is changed to “completed” and the terms of each CINK is adjusted to reflect the removal of the individual CINK. Although the CINK management system 100 is illustrated herein primarily as a system for selling insurance or travel-related services, the CINK management system 100 could be utilized to sell any good or service, such as electronics or computer equipment, as would be apparent to a person of ordinary skill. CINK MANAGEMENT SYSTEM As shown in FIG. 1, the CINK management system 100 preferably includes a central controller 200 and one or more secured servers 300, for communicating with one or more seller or buyer interfaces 400-402 and 410-412, respectively. The CINK management system 100 may provide a given CINK to selected sellers based on the industry associated with the CINK or other predefined screening criteria, so that sellers only obtain CINKs that they may be interested in or are authorized to screen. Alternatively, the CINK management system may provide all CINKs to all sellers for screening. According to one feature of the present invention, the CINK management system 100 preferably provides an optional agency feature that permits the CINK management system 100 to accept or reject a given CINK on behalf of certain agency-based sellers who have delegated such authority to the CINK management system 100. Thus, the CINK management system 100 preferably (i) evaluates CINKs on behalf of certain agency-based sellers who have delegated authority to the CINK management system 100 to accept or reject a given CINK, and (ii) permits publicise based sellers to evaluate CINKs independently. Thus, the CINK management system 100 can preferably provide a CINK to each publicise based sellers, for the seller to independently determine whether to accept a given CINK. It is noted that the CINK management system 100 can provide a CINK to each appropriate publicise based sellers, for example, by means of a online or offline transmission, or by means of posting the CINK, for example, on an electronic bulletin board accessible by each publicise based sellers. (ii) Alternatively, the CINK management system 100 can evaluate a CINK against a number of CINK methods defined by one or more publicise based sellers, to decide on behalf of an agency-based seller to accept or reject a given CINK. Thus, the CINK management system 100 can determine if one or more sellers accepts a given CINK by providing the CINK to each seller and receiving an acceptance or rejection, or by applying the CINK to the CINK methods to render a decision to either accept, reject or counter a CINK on behalf of a particular seller. As discussed further below, a CINK method is a set of restrictions defined by a given agency-based seller, such as seller 400, to define a combination of such restrictions for which the seller is willing to accept a predefined minimum price. In addition, CINK methods can include guidelines defined by a given agency-based seller, such as seller 400, for the formation of groups as part of a CINK. In this manner, CINKs can be formed by the CINK management system 100 in accordance with the predefined preferences of the corresponding agency-based seller 400. For example, in an airline embodiment, a CINK method for a given agency-based airline can specify that the airline will accept any CINK for travel between New Delhi and Chennai during the month of April, 2023, provided that (i) the customer travels between Tuesday and Thursday, (ii) the tickets are booked within 21 days of departure, (iii) the price is at least INR 2500/- per ticket, (iv) ECONOMY-class inventory is available on all flight segments of the customer's itinerary, and (v) there are at least two (2) passengers travelling together. Similarly, in an insurance application, a CINK method for a given agency-based insurance company or health maintenance organization (HMO) can specify that the insurance company will accept any CINK for health insurance providing acceptable risk scores, such as an CINK including up to five (5) individuals who smoke in a group of at least 100 other individuals who are non-smokers. As discussed further below in conjunction with FIG. 3, each secured server 300 may be associated with one or more agency-based sellers and each server 300 stores, among other things, the CINK methods defined by any associated agency-based sellers, such as seller 400. Each secured server 300 may be remotely located from the central controller 200 or may be integrated with the central controller 200. In one remote embodiment, the secured server 300 associated with each agency-based seller may be physically located at a processing facility secured by the particular seller, or at the physical location of a third party. As discussed further below, each buyer contacts the CINK management system 100, for example, by means of online access, e-mail, in-person contact or through an agent, and provides the CINK management system 100 with the terms of their CINK. It is noted that each buyer may employ a general-purpose computer, such as the buyer interface 410, discussed below in conjunction with FIG. 4, for communicating with the CINK management system 100. The general-purpose computer of each buyer is preferably comprised of a processing unit, a modem, memory means, and any software required to communicate with the CINK management system 100. Once the terms of the CINK have been received by the CINK management system 100, the central controller 200 will execute a CINK aggregation process, discussed below in conjunction with FIGS. 3, to receive a CINK from a buyer and to determine whether the CINK should be (i) included with a pending CINK, (ii) included with one or more pending CINKs to form a new CINK, or (iii) processed independently. In addition, the CINK management system 100 will periodically execute an CINK monitoring process to (i) provide each CINK to the appropriate broadcast-based sellers and (ii) evaluate each CINK against the appropriate CINK methods of each appropriate agency- based seller. In addition, once the CINKs have been posted, FIG. 2 is a block diagram showing the architecture of an illustrative central controller 200, The central controller 200 preferably includes certain standard hardware components, such as a central processing unit (CPU) 205, a random- access memory (RAM) 210, a read only memory (ROM) 220, a data storage device 230, a clock 240, an operating system 250, a payment processor 260 and a network interface 280. The CPU 205 is preferably linked to each of the other listed elements, either by means of a shared data bus, or dedicated connections, as shown in FIG.2.

Claims

We Claim: 1. A method for processing the sale of a good or service using a computer and a Combined Interactive Negotiating Key (CINKs) system, comprising: a. Receiving a first individual purchase offer for the good or service, including a customer-defined condition and a price; b. Comparing the first individual purchase offer to predefined conditions from at least one potential seller, each condition containing seller-defined restrictions, to determine if a seller is willing to accept the offer based on the satisfaction of the customer-defined condition and seller-defined restrictions; c. Receiving a second individual conditional purchase offer, including a customer-defined condition and a price; d. Combining the first and second individual purchase offers to form a CINKs; e. Comparing the combined purchase offer (CINKs) to potential sellers' predefined conditions to determine if a seller is willing to accept the offer based on the satisfaction of the customer-defined conditions and seller- defined restrictions; f. Notifying the customers of any new CINKs available similar to their previous searches or orders; g. Binding the customer to purchase the good or service if the individual purchase offer or combined purchase offer (CINKs) is accepted.

2. The method of claim 1, wherein the individual purchase offers are received via the internet.

3. The method of claim 1, further comprising displaying the available CINKs to customers based on their previous searches or orders.

4. The method of claim 1, wherein the notification of new CINKs is based on similarities to the customer's previous searches or orders.

5. The method of claim 1, wherein the predefined conditions from potential sellers include quantity thresholds for bulk ordering.

6. The method of claim 1, wherein the CINKs comprise aggregated purchase offers from multiple customers.

7. The method of claim 1, wherein the customer-defined conditions include desired delivery timelines or shipping options.

8. The method of claim 1, wherein the customer-defined conditions include specific product specifications or variations.

9. A Combined Interactive Negotiating Key (CINKs) system for processing the sale of goods or services, comprising: a. a memory device configured to store predefined conditions from potential sellers, each condition comprising seller-defined restrictions; b. A processor in communication with the memory device, the processor configured to perform the method of any of claims 1-8 to: i. receive individual purchase offers from customers for goods or services, each offer comprising a customer-defined condition and a price; ii. compare each received individual purchase offer to the predefined conditions from potential sellers to determine if a seller is willing to accept the offer based on the satisfaction of the customer-defined condition and seller-defined restrictions; iii. aggregate multiple individual purchase offers to form Combined Interactive Negotiating Keys (CINKs); iv. compare each CINK to the predefined conditions from potential sellers to determine if a seller is willing to accept the CINK based on the satisfaction of the customer-defined conditions and seller-defined restrictions; v. notify customers of new CINKs available that are similar to their previous searches or orders; vi. bind customers to purchase the goods or services if the individual purchase offer or CINK is accepted by a seller.

10. The system of claim 9, further comprising a user interface for customers to input their individual purchase offers and view available CINKs.

11. The CINKs system of claim 9, wherein the predefined conditions from potential sellers further include quantity thresholds for bulk ordering.

12. The CINKs system of claim 9, wherein the customer-defined conditions include desired delivery timelines or shipping options.

13. The CINKs system of claim 9, wherein the customer-defined conditions include specific product specifications or variations. Dated this 16th Day of November 2023