Reversed auction

• US 20060004645A1
• Filed: 07/01/2004
• Published: 01/05/2006
• Est. Priority Date: 07/01/2004
• Status: Abandoned Application

• Current Assignee: Christer Andersson
• Original Assignee: Christer Andersson
• Inventors: Andersson, Christer
• Application Number:
  US10/880,613
• Publication Number:
  US 20060004645A1
• 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 invention relates to a system, a home page and a method in an open network for at least one of data- or telecommunication providing an electronic market place comprising a reversed auction application. Hereby a customer auctions out a product or a service to be purchased by the customer, and participating vendors or merchants of said auction offer there unique price for selling the product.

Claims

1. A system in an open network for at least one of data- or telecommunication providing an electronic market place comprising a reversed auction application, through which a customer auctions out a product or a service to be purchased by said customer, and where participating vendors or merchants of said auction offer there unique most favorable bid for selling said product, comprising:

a central server auction facility connected to said network, providing a registration regarding a service or product reversed auctioned by said customer;

a code computing means delivering a unique auction product code to said customer after registering;

a means providing a serial No. for said auction;

a timer for counting the time of closing the auction;

a means in said application informing vendors and merchants providing the auctioned product or services of the auction;

a bidding means where vendors or merchant bid on said auctioned services or product, whereby the most favorable bid is registered;

said timer closing said auction when reaching the closing time, whereby the customer is informed of the most preferable bid;

a means for accepting or rejecting the bid by the customer, if accepted a payment is accomplished to a neutral account and the purchasing customer is informed about the vendor or merchant and the merchant or vendor is informed about the payment and said unique customer code; and

said sale being completed and said vendor or merchant being provided payment from said neutral account, whereby the introduction of said code to the customer and said serial No. to the merchant or vendors, thus the purchaser and merchant being unaware of there identity until receiving the product code from the application in order to close a fair deal.

2. A system according to claim 1, wherein said application is scanning the network for the best possible offer made for the product or services auctioned, making up the starting bid for merchants or vendors.

3. A system according to claim 1, wherein said registered bid is displayed on an application portal or homepage in the www.

4. A home page in an open network for at least one of data- or telecommunication providing an electronic market place illustrating a reversed auction application, through which a customer auctions out a product or a service to be purchased by said customer, and where participating vendors or merchants of said auction offer there unique most favorable bid for selling said product, comprising:

providing a registration regarding a service or product reversed auctioned by said customer;

a code computing means displaying a unique auction product code to said customer after registering;

a means providing a serial No. for said auction;

a timer for counting the time of closing the auction;

a bidding means where vendors or merchant bid on said auctioned services or product, whereby the most favorable bid is registered;

said timer closing said auction when reaching the closing time, whereby the customer is informed of the most preferable bid; and

a means for accepting or rejecting the bid by the customer.

5. A system according to claim 4, wherein said application is scanning the network for the best possible offer made for the product or services auctioned, making up the starting bid on said home page for merchants or vendors.

6. A system according to claim 4, wherein said registered bid is displayed through the www by said homepage.

7. A method in an open network for at least one of data- or telecommunication providing an electronic market place comprising a reversed auction application, through which a customer auctions out a product or a service to be purchased by said customer, and where participating vendors or merchants of said auction offer there unique most favorable bid for selling said product, comprising the steps of:

providing a registration regarding a service or product reversed auctioned by said customer at a central server auction facility connected to said network;

delivering a unique auction product code to said customer after registering;

providing a serial No. for said auction;

counting the time of closing the auction through a timer;

informing vendors and merchants providing the auctioned product or services of the auction;

vendors or merchants bidding on said auctioned services or product, whereby the most favorable bid is registered;

closing said auction when reaching the closing time through said timer, whereby the customer is informed of the most preferable bid;

the customer 10 accepting or rejecting the bid, if accepted a payment is accomplished to a neutral account and the purchasing customer is informed about the vendor or merchant and the merchant or vendor is informed about the payment and said unique customer code; and

completing said sale, and said vendor or merchant being provided payment from said neutral account, whereby the introduction of said code to the customer and said serial No. to the merchant or vendors, thus the purchaser and merchant being unaware of there identity until receiving the product code from the application in order to close a fair deal.

8. A method according to claim 7, wherein said application is scanning the network for the best possible offer made for the product or services auctioned, making up the starting bid for merchants or vendors.

9. A method according to claim 7, wherein said registered bid is displayed on an application portal or homepage in the www.