Invention Grant
- Patent Title: On-line price negotiation system
- Patent Title (中): 在线价格谈判制度
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Application No.: US13531826Application Date: 2012-06-25
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Publication No.: US08417582B1Publication Date: 2013-04-09
- Inventor: David Matthew Rairick , Robert Anthony Deraco
- Applicant: David Matthew Rairick , Robert Anthony Deraco
- Applicant Address: US PA Lancaster
- Assignee: Web Net, LLC
- Current Assignee: Web Net, LLC
- Current Assignee Address: US PA Lancaster
- Agency: Jetter & Associates, P.A.
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
An on-line price negotiation method includes submitting a bid from a buyer (buyer's bid) for a selected item/service offered for sale on a website via the internet to an on-line computing device that controls operations at the website. The computing device automatically responds to the buyer's bid, including creating an exclusive interaction for a maximum period of time between the buyer and website for the buyer to negotiate a price for the item/service, setting a minimum accept price for the item/service; and comparing the buyer's bid to the minimum accept price. Based on the comparing, the buyer is notified of accepting the buyer's bid (deal) or not accepting the buyer's bid (no-deal). A deal allows the buyer an option to purchase the item/service, or to update the buyer's bid and repeat submitting with an updated bid. no deal allows the buyer an option to update the buyer's bid and repeat submitting an updated bid.
Information query