Method, apparatus and system for advancing a bidder to a selected rank
First Claim
1. A method of conducting an auction having at least two competing bidders, comprising:
- receiving bid data from at least one bidder; and
providing the bid data to a bidder that meets a condition for receiving the bid data.
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Accused Products
Abstract
A method and system for conducting an auction having at least two competing bidders is disclosed. The method includes receiving bid data from at least one bidder and providing the bid data to a bidder that meets a condition for receiving the bid data. An apparatus for determining a suggested bid value that surpasses a selected bid is also disclosed. The apparatus includes a computer readable medium having stored thereon instructions which, when executed by a processor, cause the processor to provide a user selectable facility which, when selected establishes the value of the selected bid, calculates the suggested bid value by subtracting a predetermined minimum differential value from the selected bid value, and conveys the suggested bid value to the user.
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Citations
27 Claims
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1. A method of conducting an auction having at least two competing bidders, comprising:
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receiving bid data from at least one bidder; and
providing the bid data to a bidder that meets a condition for receiving the bid data. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. An apparatus for determining a suggested bid value that surpasses a selected bid, comprising:
a computer readable medium having stored thereon instructions which, when executed by a processor, cause the processor to provide a user selectable facility which, when selected;
establishes the value of the selected bid;
calculates the suggested bid value by applying a predetermined minimum differential value to the selected bid value; and
conveys the suggested bid value to the user. - View Dependent Claims (23, 24, 26, 27)
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25. An apparatus for determining a suggested bid value that surpasses a selected bid, comprising:
a computer readable medium having stored thereon instructions which, when executed by a processor, cause the processor to provide a user selectable facility which, when selected;
establishes the value of the selected bid;
calculates the suggested bid value by applying a predetermined minimum differential percentage to the selected bid value; and
conveys the suggested bid value to the user.
Specification