Michael J Ripberger

US Patent:

8639541, Jan 28, 2014

Filed:

Aug 14, 2012

Appl. No.:

13/585714

Inventors:

Steven A. Sunshine - Pasadena CA, US
Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/00

US Classification:

705 5

Abstract:

A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either repricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser.

US Patent:

20090216571, Aug 27, 2009

Filed:

Apr 10, 2009

Appl. No.:

12/422171

Inventors:

Steven A. Sunshine - Pasadena CA, US
Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/00
G06Q 30/00
G06Q 50/00

US Classification:

705 5, 705400, 705 10, 705 26

Abstract:

A system and method is presented for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using hazard functional analyses of sales velocity and sales/inquiry ratios. Exponential, power, and Weibull-gamma models are also used to predict demand, depending on what part of the on-sale is involved. Determining demand of seats from secondary markets is also described with methods to use the demand for either repricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser. Demand can be interpolated or extrapolated to individual seats or rows.

US Patent:

20120123813, May 17, 2012

Filed:

Jan 20, 2012

Appl. No.:

13/355453

Inventors:

Steven A. Sunshine - Pasadena CA, US
Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/02

US Classification:

705 5

Abstract:

A system and method for selecting inventory pricing for an event at a venue is disclosed. The method comprising determining a rate at which a first inventory of seats have sold for an event at a venue. The method further comprising calculating a demand for a second inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality. provides a user interface to one or more client devices that displays the data. The method further comprising calculating a demand for a second inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality.

US Patent:

20130132136, May 23, 2013

Filed:

Jan 15, 2013

Appl. No.:

13/742296

Inventors:

Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 30/02
G06Q 10/02

US Classification:

705 5

Abstract:

A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either repricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser.

US Patent:

20130159031, Jun 20, 2013

Filed:

Jan 17, 2013

Appl. No.:

13/744268

Inventors:

Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/02

US Classification:

705 5

Abstract:

A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either repricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser.

US Patent:

20130159032, Jun 20, 2013

Filed:

Jan 29, 2013

Appl. No.:

13/752743

Inventors:

Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/02

US Classification:

705 5

Abstract:

A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either repricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser.

US Patent:

20130185103, Jul 18, 2013

Filed:

Mar 7, 2013

Appl. No.:

13/789581

Inventors:

Rod Goodman - Long Beach CA, US
Michael Arya - Pasadena CA, US
Larry Chu - Van Nuys CA, US
Michael Ripberger - Santa Monica CA, US

Assignee:

TixTrack, Inc. - Pasadena CA

International Classification:

G06Q 10/02

US Classification:

705 5

Abstract:

A system and method for displaying seat inventory at a venue and facilitating planning of ticket prices for events at the venue is presented. Methods to predict total revenue for an event are described. Also presented are systems and methods for determining at what price and when to release so-called ‘flex’ price tickets during an on-sale using the sales velocity and sales/inquiry ratios. Determining demand of seats from secondary markets is also described with methods to use the demand for either re-pricing the seats in the primary market or presenting ‘best value’ seats to a prospective purchaser.

US Patent:

20210365845, Nov 25, 2021

Filed:

Aug 3, 2021

Appl. No.:

17/392754

Inventors:

- Santa Monica CA, US
Rod GOODMAN - Long Beach CA, US
Michael ARYA - Pasadena CA, US
Larry CHU - Van Nuys CA, US
Michael RIPBERGER - Venice CA, US

International Classification:

G06Q 10/02
G06Q 30/02
G06Q 10/08
G06Q 30/06
G06Q 10/04
G06Q 50/00

Abstract:

A system and method for selecting inventory pricing for an event at a venue is disclosed. The method comprising determining a rate at which a first inventory of seats have sold for an event at a venue. The method further comprising calculating a demand for a secondary inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality, provides a user interface to one or more client devices that displays the data. The method further comprising calculating a demand for a second inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality.