US 12,033,209 B2
Method and apparatus for facilitating meta search proxy bidding
Kevin Saito, Chicago, IL (US); Barry O'Sullivan, Chicago, IL (US); Taylor Dykes, Chicago, IL (US); and Giovanni Gargiulo, Chicago, IL (US)
Assigned to BYTEDANCE INC., Wilmington, DE (US)
Filed by ByteDance Inc., Wilmington, DE (US)
Filed on Jul. 7, 2022, as Appl. No. 17/811,141.
Application 17/811,141 is a continuation of application No. 16/884,259, filed on May 27, 2020, granted, now 11,416,922.
Application 16/884,259 is a continuation of application No. 15/287,413, filed on Oct. 6, 2016, granted, now 10,699,332, issued on Jun. 30, 2020.
Claims priority of provisional application 62/238,477, filed on Oct. 7, 2015.
Prior Publication US 2022/0414760 A1, Dec. 29, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. G06Q 30/00 (2023.01); G06Q 30/08 (2012.01)
CPC G06Q 30/08 (2013.01) 20 Claims
OG exemplary drawing
 
1. A method comprising:
in a metasearch environment, receiving at a platform comprised of a processor, a memory, and a communication interface, via an application programing interface (API) request, a property level availability call, the property level availability call configured to elicit a response that identifies an availability of one or more of a plurality of properties, wherein an affirmative response indicates a participation in a metasearch auction;
determining, via the processor, the availability of the one or more of the plurality of properties;
determining, via the processor, one or more static values associated with the one or more of the plurality of properties, wherein the one or more static values comprise a property margin, a conversion rate, and a return on sales;
determining, via the processor, one or more run time values associated with the one or more of the plurality of properties, wherein the one or more run time values comprise a length of stay;
determining, via the processor, based on the one or more static values associated with the one or more of the plurality of properties, the one or more run time values associated with the one or more of the plurality of properties, and an associated bid price, at least one of profitability or unprofitability of rendering the affirmative response; and
upon determination of the profitability or unprofitability in rendering the affirmative response, causing, via the communication interface, a response to the property level availability call.