Method and system for performing a bid quantity adjustment

• US 20030088504A1
• Filed: 12/10/2002
• Published: 05/08/2003
• Est. Priority Date: 03/29/1996
• Status: Abandoned Application

• Current Assignee: Alan S. Fisher, Samuel Jerrold Kaplan
• Original Assignee: Alan S. Fisher, Samuel Jerrold Kaplan
• Inventors: Kaplan, Samuel Jerrold, Fisher, Alan S.
• Application Number:
  US10/316,325
• Publication Number:
  US 20030088504A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system for performing a bid quantity adjustment includes receiving a bid for an auction item for a bidder. The bid includes a bid amount and a bid quantity. An adjusted bid is designated as successful upon determining that the bidder is willing to accept the adjusted bid.

Claims

1. A method to facilitate an electronic auction, the method including:

receiving a bid for an auction item from a bidder, the bid having a bid amount and a bid quantity;

querying the bidder for an adjusted bid quantity; and

designating the bid as successful upon receiving the adjusted bid quantity from the bidder.

2. The method of claim 1, wherein the adjusted bid quantity is less than the bid quantity.

3. The method of claim 1, wherein the bid is received at an electronic auction system from the bidder via a web-based bid form.

4. The method of claim 1, further including:

updating a merchandise catalog page with the adjusted bid quantity.

5. The method of claim 1, wherein the querying is performed upon determining the bid quantity is greater than an available quantity.

6. An electronic auction system including:

a manager, upon identifying a bid having a bid price and a bid quantity, automatically to query a bidder whether a lesser quantity than the bid quantity upon will be acceptable, wherein the lesser quantity will designate the bid to be successful.

7. The system of claim 6, wherein the bid is received at the electric auction system from the bidder via a web-based bid form.

8. The system of claim 6, wherein the bid is for a quantity of auction items.

9. The system of claim 6, further including:

a merchandise catalog page generator to update a merchandise catalog page with the adjusted bid quantity.

10. The system of claim 6, wherein the manager is to perform the query upon determining the bid quantity is greater than an available quantity auctioned for a high bid.

11. A machine-readable medium having executable instructions to cause one or more machines to perform a method to facilitate an electronic auction, the method including:

receiving a bid for an auction item from a bidder, the bid having a bid amount and a bid quantity;

querying the bidder for an adjusted bid quantity; and

designating the bid as successful upon receiving the adjusted bid quantity from the bidder.

12. The machine-readable medium of claim 11, wherein the adjusted bid quantity is less than the bid quantity.

13. The machine-readable medium of claim 11, wherein the bid is received at an electronic auction system from the bidder via a web-based bid form.

14. The machine-readable medium of claim 11, further including:

updating a merchandise catalog page with the adjusted bid quantity.

15. The machine-readable medium of claim 11, wherein the querying is performed upon determining the bid quantity is greater than an available quantity.

16. An electronic auction system including:

managing means for automatically querying a bidder whether a lesser quantity than a bid quantity will be acceptable upon identifying a bid having a bid price and a bid quantity, wherein the lesser quantity will designate the bid to be successful; and

storage means for storing the bid.

17. The system of claim 16, wherein the bid is received at the electronic auction system from the bidder via a web-based bid form.

18. The system of claim 16, wherein the bid is for a quantity of auction items.

19. The system of claim 16, further including:

a merchandise catalog page generating means for updating a merchandise catalog page with the adjusted bid quantity.

20. The system of claim 16, wherein the managing means to perform the query upon determining the bid quantity is greater than an available quantity auctioned for a high bid.

21. A method to facilitate an electronic auction, the method including:

receiving a bid for an auction item from a bidder, the bid having a bid amount and a bid quantity;

determining whether the bidder is willing to accept an adjusted bid quantity; and

designating the bid as successful upon determining that the bidder is willing to accept the adjusted bid quantity.

22. The method of claim 21, wherein the adjusted bid quantity is less than the bid quantity.

23. The method of claim 21, wherein the determining is performed by asking the bidder if the adjusted bid quantity is acceptable.

24. The method of claim 21, wherein the determining is performed by inspecting the bid to determine whether the bidder indicated a willingness to accept the adjusted bid quantity.

25. The method of claim 21, wherein bid is received from the bidder via a web-based bid form.

26. The method of claim 21, further including:

updating a merchandise catalog page with the adjusted bid quantity.

27. The method of claim 21, wherein the querying is performed upon determining the bid quantity is greater than an available quantity.

28. An electronic auction system including:

a manager, upon identifying a bid having a bid price and a bid quantity, automatically to determine whether a bidder will accept a lesser quantity than the bid quantity, wherein the lesser quantity will designate the bid to be successful.

29. The system of claim 28, wherein the manager is to determine by asking the bidder if the lesser quantity is acceptable.

30. The system of claim 28, wherein the determining is performed by inspecting the bid to determine whether the bidder indicated a willingness to accept the lesser quantity.

31. The system of claim 28, wherein the bid is received from the bidder via a web-based bid form.

32. The system of claim 28, wherein the bid is for a quantity of auction items.

33. The system of claim 28, further including:

a merchandise catalog page generator to update a merchandise catalog page with the adjusted bid quantity.

34. The system of claim 28, wherein the manager to perform the query upon determining the bid quantity is greater than an available quantity auctioned for a high bid.

35. A machine-readable medium having executable instructions to cause one or more computers to perform a method to facilitate an electronic auction system, the method including:

receiving a bid for an auction item from a bidder, the bid having a bid amount and a bid quantity;

determining whether the bidder is willing to accept an adjusted bid quantity; and

designating the bid as successful upon determining that the bidder is willing to accept the adjusted bid quantity.

36. The machine-readable medium of claim 35, wherein the adjusted bid quantity is less than the bid quantity.

37. The machine-readable medium of claim 35, wherein the determining is performed by asking the bidder if the adjusted bid quantity is acceptable.

38. The machine-readable medium of claim 35, wherein the determining is performed by inspecting the bid to determine whether the bidder indicated a willingness to accept the adjusted bid quantity.

39. The machine-readable medium of claim 35, wherein bid is received from the bidder via a web-based bid form.

40. The machine-readable medium of claim 35, further including:

updating a merchandise catalog page with the adjusted bid quantity.

41. The machine-readable medium of claim 35, wherein the querying is performed upon determining the bid quantity is greater than an available quantity.

42. An electronic auction system

including:

a managing means for automatically determining whether a bidder will accept a lesser quantity than a bid quantity upon identifying a bid having a bid price and a bid quantity, wherein the lesser quantity will designate the bid to be successful; and

a storage means, coupled to the managing means, for storing the bid.

43. The system of claim 42, wherein the managing means determines by asking the bidder if the lesser quantity is acceptable.

44. The system of claim 42, wherein the determining is performed by inspecting the bid to determine whether the bidder indicated a willingness to accept the lesser quantity.

45. The system of claim 42, wherein the bid is received from the bidder via a web-based bid form.

46. The system of claim 42, wherein the bid is for a quantity of auction items.

47. The system of claim 42, further including:

a merchandise catalog page generator to update a merchandise catalog page with the adjusted bid quantity.

48. The system of claim 42, wherein the manager to perform the query upon determining the bid quantity is greater than an available quantity auctioned for a high bid.