Method and system for social media sales

Abstract

A system and method to match product supply with demand by identifying potential customers on social media. The system comprising a database, a social search module, a lead analysis module, a customer engagement module, a transaction module, a blog integration module and an inventory classification module, where the database and the modules are all communicatively coupled to each other.

Description

CROSS-REFERENCE TO RELATED APPLICATION[0001]This application is a Continuation application that claims priority of U.S. patent application Ser. No. 14 / 192,358, filed on Feb. 27, 2014, entitled METHOD AND SYSTEM FOR SOCIAL MEDIA SALES, the entire contents of which are hereby incorporated herein by reference.FIELD OF THE INVENTION[0002]The present invention relates generally to social media sales systems and more particularly, a system to match product supply with demand by identifying potential customers on social media and determining buying intent of each potential customer.BACKGROUND[0003]There have been many efforts to use social media to sell merchandise, but these efforts have been haphazard and inconsistent. Usually, a merchant, either runs a sale on a particular product or promote other products by giving away excess inventory that they cannot sell on their social media web site. Disadvantageously, only people who subscribe to the merchant's social media site are ever informe...

AI Technical Summary

Benefits of technology

The engagement module can use data analysis to improve the likelihood of predicting a customer's intent to purchase the user's products or services.

Problems solved by technology

There have been many efforts to use social media to sell merchandise, but these efforts have been haphazard and inconsistent.

Disadvantageously, only people who subscribe to the merchant's social media site are ever informed about the product.

This minimizes the sales potential for the merchant and does not allow them to target new potential buyers unless the offer is spread “by word of mouth” through social media.

All of these efforts have are lacking the ability to use the available information in a real-time effort

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