Multiple auction coordination method and system
First Claim
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1. A method of coordinating an auction for an item between a multi-auction service, a plurality of remote auction services, and a plurality of bidders, the multi-auction service performing the steps of:
- a) detecting that at least one bid for an item has been received by at least one of the remote auction services;
b) determining which, if any, of the remote auction services should receive a replicated bid;
c) transmitting the replicated bid to each of the remote auction services so determined.
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Abstract
A multi-auction service system and method for replicating an item to be auctioned at a plurality of remote auction services, where the multi-auction service detects bids at the plurality of remote auction services for the item in order to replicate the optimal bid at each of the remote auction services such that the optimal bid is afforded to a bidder or seller.
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Citations
47 Claims
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1. A method of coordinating an auction for an item between a multi-auction service, a plurality of remote auction services, and a plurality of bidders, the multi-auction service performing the steps of:
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a) detecting that at least one bid for an item has been received by at least one of the remote auction services;
b) determining which, if any, of the remote auction services should receive a replicated bid;
c) transmitting the replicated bid to each of the remote auction services so determined. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 46)
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22. A method for allowing a bidder to communicate with a multi-auction service to allow the multi-auction service to selectively place bids at remote auction services for a plurality of items where at least one item is desired, comprising the steps of:
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a) the bidder specifying to the multi-auction service an item or items tto be bid upon and their respective bidding parameters;
b) the bidder specifying to the multi-auction service at least one rule for bidding on similar or dissimilar items across auctions;
c) the multi-auction service periodically detecting the current optimal bid of the item at each of the respective remote auction services;
d) the multi-auction service generating and transmitting bids on the item or items such that an optimal bid for the bidder is active via at least one of the remote auction services if permitted by the at least one rule. - View Dependent Claims (23, 24, 25, 26, 27, 45)
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47. A networked system for coordinating the sale of an item to an optimal bidder across a plurality of remote auction services comprising:
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a) a networked multi-auction service system comprising;
i) means for communicating with the plurality of remote auction services;
ii) means for replicating the item to be auctioned at the plurality of networked remote auction services;
iii) means for detecting a plurality of bids from a plurality of remote auction services;
iv) means for determining which of said plurality of detected bids is the optimal bid;
v) means for replicating the optimal bid across the plurality of remote auction services;
b) the plurality of networked remote auction services each comprising;
vi) means for receiving selling parameters for the item to be auctioned from the multi-auction service or sellers directly;
vii) means for receiving bids for the item to be auctioned from the plurality of bidders and said multi-auction service;
viii) means for updating the bid for the item to be auctioned; and
c) a plurality of bidders comprising means for bidding on the item to be auctioned at one or more of the remote auction services.
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Specification