Methods and systems for matching buyers and sellers over electronic networks

• US 20060031153A1
• Filed: 08/05/2004
• Published: 02/09/2006
• Est. Priority Date: 08/05/2004
• Status: Abandoned Application

• Current Assignee: Mike Insang Kim
• Original Assignee: Mike Insang Kim
• Inventors: Kim, Mike Insang
• Application Number:
  US10/911,799
• Publication Number:
  US 20060031153A1
• 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
• CPC Class Codes: H04L 51/04 Real-time or near real-time messaging, e.g. instant messaging [IM]
• CPC Class Codes: H04L 51/214 using selective forwarding

Abstract

An electronic matching system is provided for facilitating online transactions between buyers and sellers. Electronic buy offers and electronic sell offers received by the system can be compared and matched. The offers can be transmitted to the system through a plurality of communication media including email messaging, text messaging, and/or postings made to web sites. If matching offers are detected by the system, then the existence of the match can be communicated to a buyer/seller according to message forwarding preferences of the buyer/seller. The online status of an email computing device associated with the buyer/seller can be detected. Email messages generated by the system can be converted into text message format and received by a mobile computing device associated with the buyer/seller if the email computing device is offline.

Claims

1. A method for electronically matching a buyer with a seller over a plurality of communication media, the buyer and seller each having message forwarding preferences and a first associated computing device, the method comprising:

receiving an electronic buy offer from the buyer;

receiving an electronic sell offer from the seller;

comparing the buy and sell offers to obtain a match result;

accessing the message forwarding preferences of at least one of the buyer and seller;

detecting an online status of the first computing device of the at least one of the buyer and seller;

comparing the detected online status with the message forwarding preferences of the at least one of the buyer and seller to obtain a comparison result; and

communicating the match result to the at least one of the buyer and seller through communication media determined by the comparison result.

2. The method of claim 1, the communicating step comprising:

sending an email message to the first computing device of the at least one of the buyer and seller if the detected online status indicates the first computing device is online, the email message identifying the match result.

3. The method of claim 1, the communicating step comprising:

sending a text message to a second computing device of the at least one of the buyer and seller if the detected online status indicates the first computing device is offline, the text message identifying the match result.

4. The method of claim 3, the first computing device is an email computing device, the second computing device is a mobile computing device.

5. The method of claim 4, the mobile computing device is a mobile phone.

6. The method of claim 4, the email computing device is a personal computer.

7. The method of claim 1, the message forwarding preferences comprising information selected from the group consisting of:

a set of users;

a time;

a date; and

a user login status.

8. The method of claim 1, the detecting step comprising:

receiving a data packet from the first computing device; and

storing the online status in response to receiving the data packet.

9. The method of claim 1, the method is performed by software running on a system server.

10. A method for conducting an electronic transaction between a buyer and a seller over a plurality of communication media, at least one of the buyer and seller having:

(i) message forwarding preferences, (ii) a first associated computing device, and (iii) a second associated computing device, the method comprising;

transmitting a first message identifying a first offer, the first message is transmitted over a first electronic network by the first computing device to a server, the electronic network employing a first communication media; and

receiving a second message identifying a second offer matching the first offer, the second message is received over a second electronic network by the second computing device if the first computing device is offline, the second electronic network employing a second communication media.

11. The method of claim 10, the first computing device is an email computing device, the first message is an email message, the second computing device is a mobile computing device, the second message is a text message.

12. The method of claim 11, the mobile computing device is a mobile phone.

13. The method of claim 11, the email computing device is a personal computer.

14. The method of claim 10, the first network is the Internet, the second network is a wireless network.

15. The method of claim 14, the server is a web server providing a web site for facilitating online transactions.

16. The method of claim 15, the first message is a posting to the web site.

17. A system for electronically matching a buyer with a seller over a plurality of communication media, the buyer and seller each having message forwarding preferences and a first associated computing device, the system comprising:

a system server;

a database for storing the message forwarding preferences; and

application software running on the system server operable to perform the steps of;

receiving an electronic buy offer from the buyer,

receiving an electronic sell offer from the seller,

comparing the buy and sell offers to obtain a match result,

accessing the message forwarding preferences of at least one of the buyer and seller from the database,

detecting an online status of the first associated computing device of the at least one of the buyer and seller,

comparing the detected online status with the message forwarding preferences of the at least one of the buyer and seller to obtain a comparison result, and

communicating the match result to the at least one of the buyer and seller through communication media determined by the comparison result.

18. The system of claim 17, the communicating step comprising:

sending an email message to the first computing device of the at least one of the buyer and seller if the detected online status indicates the first computing device is online, the email message identifying the match result.

19. The system of claim 17, the communicating step comprising:

sending a text message to a second computing device of the at least one of the buyer and seller if the detected online status indicates the first computing device is offline, the text message identifying the match result.

20. The system of claim 19, the first computing device is an email computing device, the second computing device is a mobile computing device.

21. The system of claim 20, the mobile computing device is a mobile phone.

22. The system of claim 20, the email computing device is a personal computer.

23. The system of claim 17, the message forwarding preferences comprising information selected from the group consisting of:

a set of users;

a time;

a date; and

a user login status.

24. The system of claim 17, the detecting step comprising:

receiving a data packet from the first computing device; and

storing the online status in response to receiving the data packet.