Method and apparatus for modifying the winning bid in an on-line auction to benefit a charitable organization

• US 20050228744A1
• Filed: 04/08/2005
• Published: 10/13/2005
• Est. Priority Date: 04/09/2004
• Status: Abandoned Application

• Current Assignee: BiddingForGood Incorporated (FrontStream Holdings, LLC)
• Original Assignee: BiddingForGood Incorporated (FrontStream Holdings, LLC)
• Inventors: McHale, Gregory Chales, Maib, Carl
• Application Number:
  US11/102,160
• Publication Number:
  US 20050228744A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

The present invention discloses methods, systems, and program code that enable a nonprofit organization to manage its fundraising activities online. Disclosed are methods and systems for providing online hosting of fundraising auctions, and auction services such as maintaining donor/bidder registries, bid tracking, processing credit cards, and auction closeout activities. Also disclosed are a plurality of on-line, web-based tools, including tools for: 1) building a customized homepage reflecting the look and feel of the nonprofit organization; 2) building a customized catalog that allows for easy addition of items and pictures; and 3) enhanced email messaging that lets a nonprofit organization reach its constituents. According to one aspect of the invention, an organization can, as part of the auction preferences, include the ability to suggest a ‘round up’ amount to any winning bidder. If enabled, the system will automatically suggest a ‘round up’ purchase price above the winning bid. The bidder would be informed where the ‘round up’ amount will be utilized. The bidder has the option to disregard the ‘round up’ price and continue the close-out with the original winning bid. Also disclosed are techniques for handling payment for auction items upon rejection of electronic payment data.

Claims

1. In a computer system operatively connectable to a network and capable of communicating with one or more other processes operatively connectable to the network capable of hosting an on-line auction with at least one auction item, a method comprising:

(A) identifying a winning bid and bidder associated with an auction item;

(B) deriving from the winning bid an alternative bid of greater value; and

(C) presenting the alternative bid of greater value to the bidder.

2. The method of claim 1 further comprising:

(D) receiving indicia of acceptance of the alternative bid as a payment amount for the auction item.

3. The method of claim 1 wherein (B) further comprises:

(B1) identifying a percent increase by which the winning bid will be multiplied; and

(B2) computing the alternative bid as the product of the winning bid and the percent increase.

4. The method of claim 1 wherein (B) further comprises:

(B1) identifying a multiple threshold to which the winning bid will be increased; and

(B2) computing the alternative bid as the sum of the of the winning bid and the difference between the winning bid and a next higher multiple value.

5. The method of claim 1 wherein (B) further comprises:

(B1) identifying a percent increase by which the winning bid will be multiplied; and

;

(B2) identifying a multiple threshold to which the winning bid will be increased.

6. The method of claim 5 wherein (B) further comprises:

(B3) computing a first intermediate value as the product of the winning bid and the percent increase;

(B4) computing a second intermediate value as the difference between the first intermediate and the next higher multiple value; and

(B5) computing the alternative bid as the sum of the of the first intermediate and the second intermediate value.

7. The method of claim 1 wherein further comprising:

(D) repeating (A) through (C) for each of a plurality of items within the auction.

8. The method of claim 1 wherein (A) further comprises:

(A1) maintaining an online accessible user-interface coupled to a memory associated with the auction; and

(A2) receiving data describing the plurality of bids submitted during the auction and data identifying a bidder associated with each bid through the online accessible user-interface.

9. The method of claim 1 wherein (C) further comprises:

(C1) maintaining an online accessible user-interface coupled to a memory associated with the auction; and

(C2) presenting the alternative bid through the online accessible user-interface.

10. A computer program product for use with a computer system operatively connectable to a network and capable of communicating with one or more other processes operatively connectable to the network and capable of hosting an on-line auction with at least one auction item, the computer program product comprising a computer useable medium having embodied therein program code comprising:

(A) program code for identifying a winning bid and bidder associated with an auction item;

(B) program code for deriving from the winning bid an alternative bid of greater value; and

(C) program code for presenting the alternative bid of greater value to the bidder.

11. The computer program product of claim 10 further comprising:

(D) program code for receiving indicia of acceptance of the alternative bid;

(E) program code for processing the alternative bid as payment for the auction item.

12. The computer program product of claim 10 wherein (B) further comprises:

(B1) program code for identifying a percent increase by which the winning bid will be multiplied; and

(B2) program code for computing the alternative bid as the product of the winning bid and the percent increase.

13. The computer program product of claim 10 wherein (B) further comprises:

(B1) program code for identifying a multiple threshold to which the winning bid will be increased; and

(B2) program code for computing the alternative bid as the sum of the of the winning bid and the difference between the winning bid and the next higher multiple value.

14. The computer program product of claim 10 wherein (B) further comprises:

(B1) program code for identifying a percent increase by which the winning bid will be multiplied; and

;

(B2) program code for identifying a multiple threshold to which the winning bid will be increased.

15. The computer program product of claim 10 wherein (B) further comprises:

(B3) program code for computing a first intermediate value as the product of the winning bid and the percent increase;

(B4) program code for computing a second intermediate value as the difference between the first intermediate and the next higher multiple value; and

(B5) program code for computing the alternative bid as the sum of the of the first intermediate and the second intermediate value.

16. The computer program product of claim 10 wherein (C) further comprises:

(C1) program code for maintaining an online accessible user-interface coupled to a memory associated with the auction;

(C2) program code for presenting the alternative bid through the online accessible user-interface; and

(C3) program code for receiving indicia of acceptance of the alternative bid as a payment amount for the auction item.

17. In a computer system operatively connectable to a network and capable of communicating with one or more other processes operatively connectable to the network and capable of hosting an on-line auction with at least one auction item, apparatus comprising:

(A) program logic for identifying a winning bid and bidder associated with an auction item;

(B) program logic for deriving from the winning bid an alternative bid of greater value; and

(C) program logic for presenting the alternative bid of greater value to the bidder.

18. The computer program product of claim 17 wherein (B) further comprises:

(B1) program logic for identifying a percent increase by which the winning bid will be multiplied; and

(B2) program logic for computing the alternative bid as the product of the winning bid and the percent increase.

19. The computer program product of claim 17 wherein (B) further comprises:

(B1) program logic for identifying a higher multiple threshold to which the winning bid will be increased; and

(B2) program logic for computing the alternative bid as the sum of the of the winning bid and the difference between the winning bid and a next higher multiple value.

20. The computer program product of claim 17 wherein (B) further comprises:

(B1) program logic for identifying a percent increase by which the winning bid will be multiplied; and

;

(B2) program logic for identifying a multiple threshold to which the winning bid will be increased.

21. The computer program product of claim 17 wherein (B) further comprises:

(B3) program logic for computing a first intermediate value as the product of the winning bid and the percent increase;

(B4) program logic for computing a second intermediate value as the difference between the first intermediate and the next higher multiple value; and

(B5) program logic for computing the alternative bid as the sum of the of the first intermediate and the second intermediate value.

22. In a computer system operatively connectable to a network and capable of communicating with one or more other processes operatively connectable to the network capable of hosting an on-line auction with at least one auction item, a method comprising:

(A) determining that a transaction for payment of an auction item was not completed;

(B) notifying a winning bidder of the auction item that the transaction for payment of the auction item was not completed and indicating a time by which the transaction for payment of the auction item must be completed; and

(C) offering the auction item to a next highest bidder for the auction item that has met all auction conditions, if the transaction for payment of the auction item is not completed by the winning bidder before the indicated time.