Systems and methods for providing reverse-auction

• US 20060085318A1
• Filed: 10/15/2004
• Published: 04/20/2006
• Est. Priority Date: 10/15/2004
• Status: Abandoned Application

• Current Assignee: Kevin Cohoon
• Original Assignee: Kevin Cohoon
• Inventors: Cohoon, Kevin
• Application Number:
  US10/966,386
• Publication Number:
  US 20060085318A1
• 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

Systems and methods are disclosed for conducting a reverse auction by receiving request data for a requested item, the request data including an item description and bid evaluation information including at least desired price and proximity to a predetermined location; storing the request data in a requisition database; receiving bid data generated in response to the request data, the bid data including bid item information generated in response to the item description of the requested item and bid evaluation information; storing the bid data in a bid database; and determining at least one winning bid at auction close based the bid data matching desired price and proximity.

Claims

1. A computer-implemented method for conducting a reverse auction, comprising:

receiving request data from a buyer for a requested item, the request data including an item description and bid evaluation information including at least desired price and proximity to a predetermined location;

storing the request data in a requisition database;

receiving bid data generated in response to the request data, the bid data including bid item information generated in response to the item description of the requested item and bid evaluation information;

storing the bid data in a bid database; and

,

determining at least one winning bid at auction close based the bid data matching desired price and proximity.

2. The method of claim 1, comprising receiving request data using one of:

voice, voice telephony, handheld data entry and computer.

3. The method of claim 1, wherein the preferences include one of:

make, model, color, zip code item or service to be located in, maximum price willing to pay.

4. The method of claim 1, wherein the preferences are placed into a secure database.

5. The method of claim 1, wherein the requested item is searched in the database.

6. The method of claim 1, wherein a lowest bidding vendor wins the bid.

8. The method of claim 1, wherein a buyer receives a coupon number to receive the requested item.

9. The method of claim 8, wherein the buyer is charged a service fee for rejecting the winning bid.

10. The method of claim 1, comprising matching the requested item in the database with vendors.

11. The method of claim 10, wherein the vendors are notified through voice telephony

12. The method of claim 10, wherein the vendors are notified through a handheld device.

13. The method of claim 1, wherein the vendors compete for a predetermined time established by the buyer.

14. The method of claim 1, wherein a new lowest bid is received, comprising notifying the previous lowest bid vendor of the new lowest bid.

7. The method of claim 7, wherein the lowest bidding vendor receives a name and a coupon number.

15. A system for conducting a reverse auction, comprising:

means for receiving request data from a buyer for a requested item, the request data including an item description and bid evaluation information including at least desired price and proximity to a predetermined location;

means for storing the request data in a requisition database;

receiving bid data generated in response to the request data, the bid data including bid item information generated in response to the item description of the requested item and bid evaluation information;

means for storing the bid data in a bid database; and

,

means for determining at least one winning bid at auction close based the bid data matching desired price and proximity.

16. The system of claim 15, wherein the request data is received through one of:

voice, voice telephony, handheld data entry and computer.

17. The system of claim 15, wherein the preferences include one of:

make, model, color, zip code item or service to be located in, maximum price willing to pay.

18. The system of claim 15, wherein the preferences are placed into a secure database.

19. The system of claim 15, wherein the requested item is searched in the database.

20. The system of claim 15, wherein vendors compete for a predetermined time established by the buyer.