US 12,014,388 B2
System and method for pricing secondary inventory
Steven A. Sunshine, Pasadena, CA (US); Rod Goodman, Long Beach, CA (US); Michael Arya, Pasadena, CA (US); and Larry Chu, Van Nuys, CA (US)
Assigned to TixTrack, Inc., Los Angeles, CA (US)
Filed by TixTrack, Inc., Los Angeles, CA (US)
Filed on Jun. 2, 2022, as Appl. No. 17/831,347.
Application 17/831,347 is a continuation of application No. 15/804,929, filed on Nov. 6, 2017, granted, now 11,354,688, issued on Jun. 7, 2022.
Application 15/804,929 is a continuation in part of application No. 14/562,606, filed on Dec. 5, 2014, abandoned.
Claims priority of provisional application 61/912,850, filed on Dec. 6, 2013.
Prior Publication US 2022/0292536 A1, Sep. 15, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 30/0201 (2023.01); G06Q 10/02 (2012.01); G06Q 30/0204 (2023.01); G06Q 30/0283 (2023.01); G06Q 30/0601 (2023.01); G06Q 50/10 (2012.01)
CPC G06Q 30/0206 (2013.01) [G06Q 10/02 (2013.01); G06Q 30/0205 (2013.01); G06Q 30/0283 (2013.01); G06Q 30/0601 (2013.01); G06Q 50/10 (2013.01)] 12 Claims
OG exemplary drawing
 
1. A method providing access to a venue using an optimal ticket, the method comprising:
aggregating available ticket information for a plurality of tickets related to an event criteria, the available ticket information including seat location, a number of available seats, and price information for a secondary market;
determining a section and a row for each ticket of the plurality of tickets based on the seat location included in the available ticket information for each ticket;
determining a relative ticket value for each ticket from the plurality of tickets from the available ticket information, the relative value including a premium or discount from the secondary market;
determining a list of tickets from the plurality of tickets meeting a criteria using the relative ticket values;
providing the list of tickets;
transferring one of the tickets to a user;
using the ticket that has been transferred to mechanically actuate a gate structure, using an entry process, associated with the venue for the event to allow a user to enter into the venue, to mechanically actuate a dispenser associated with the venue for the event to allow the user to obtain an item within the dispenser, or both,
wherein determining the relative ticket value includes determining a fit model for tickets in a row based on prices of other tickets in different rows of the same section for the same event, and the relative ticket value for each ticket is based at least in part on applying the fit model for the row and the section of the respective ticket to the respective ticket, and
wherein providing the list of tickets comprises:
identifying a ticket with a highest relative value,
receiving an indication of a threshold percentage from the user,
identifying all close-in-value tickets having respective relative values within the threshold percentage of the highest relative value, and
presenting, to the user, the ticket with the highest relative value along with all the close-in-value tickets, and presenting secondary market prices for the ticket with the highest relative value and all the close-in-value tickets.