System and method to optimally clear non-selling inventory
First Claim
Patent Images
1. A server accessible over a network to provide a transaction for the sale of items, the server comprising:
- an interface to enable access to the network; and
a memory in electrical communication with the interface to store computer executable modules, including, seller filters having configurable parameters to filter an inventory and generate a filtered inventory representing items for sale by the seller, buyer filters having configurable parameters, and a transaction generator to compare the filtered inventory and the buyer filters to generate at least one prospective transaction associated with one of the plurality of buyers.
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Abstract
A seller desiring to sell items in an inventory configures seller filters which are then applied to the inventory to provide a filtered inventory. Buyers configure buyer filters to indicate items that they are interested in purchasing. A match is found within the inventory that falls within the parameters established by a seller and buyer. The match leads to a prospective transaction which may be revised by the seller and buyer prior to confirmation of the transaction. Participation by the seller and buyers is enabled over a network to facilitate and automate the transaction.
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Citations
40 Claims
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1. A server accessible over a network to provide a transaction for the sale of items, the server comprising:
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an interface to enable access to the network; and
a memory in electrical communication with the interface to store computer executable modules, including, seller filters having configurable parameters to filter an inventory and generate a filtered inventory representing items for sale by the seller, buyer filters having configurable parameters, and a transaction generator to compare the filtered inventory and the buyer filters to generate at least one prospective transaction associated with one of the plurality of buyers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A method for transacting for the sale of items over a network, comprising:
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providing seller filters that are configurable by a seller over the network;
filtering an inventory based on the seller filters to generate a filtered inventory representing items for sale by the seller;
providing buyer filters that are configurable by a plurality of buyers over a network; and
generating at least one prospective transaction associated with one of the plurality of buyers by applying the buyer filters to the filtered inventory. - View Dependent Claims (18, 19, 20, 21, 22, 23, 24, 25, 26, 27)
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28. A computer readable medium having computer readable instruction code for performing a method for transacting for the sale of items over a network, the method comprising:
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providing seller filters that are configurable by a seller over the network;
filtering an inventory based on the seller filters to generate a filtered inventory representing items for sale by the seller;
providing buyer filters that are configurable by a plurality of buyers over a network; and
generating at least one prospective transaction associated with one of the plurality of buyers by applying the buyer filters to the filtered inventory. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36, 37)
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38. The computer readable medium of 28, wherein the method further comprises:
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receiving notification that the prospective transaction is rejected;
closing the filtered inventory;
reactivating the filtered inventory; and
applying the buyer filters to the reactivated filtered inventory to attempt to generate a second prospective transaction associated with one of the plurality of buyer filters.
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39. A server accessible over a network to provide a transaction for the sale of items, the server comprising:
interface means for enabling access to the network; and
memory means in electrical communication with the interface means for storing computer executable modules, including,seller filtering means configurable by a seller over the network for filtering an inventory and generating a filtered inventory representing items for sale by the seller, buyer filtering means configurable by a plurality of buyers over the network, and transaction generator means for comparing the filtered inventory and the buyer filtering means to generate at least one prospective transaction associated with one of the plurality of buyers.
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40. A method for transacting for the sale of items over a network, comprising:
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providing seller filters that are configurable by a seller over the network;
filtering an inventory corresponding to the seller based on the seller filters to generate a filtered inventory representing items for sale by the seller;
providing buyer filters that are configurable by a plurality of buyers over a network;
providing configurable system filters including eligibility system filters to determine if each one of the plurality of buyers is eligible to participate in a prospective transaction;
generating a prospective transaction associated with one of the plurality of buyers by applying the buyer filters and the system filters to the filtered inventory;
enabling a buyer to edit the prospective transaction over the network;
providing a set amount of time in which the buyer may accept the prospective transaction;
receiving over the network a buyer'"'"'s response to the prospective transaction;
enabling a seller to edit the prospective transaction over the network;
providing a set amount of time in which the seller may accept the prospective transaction; and
receiving over the network a seller'"'"'s response to the prospective transaction.
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Specification