Method and system to adjust a seller fixed price offer

• US 20070112644A1
• Filed: 12/29/2006
• Published: 05/17/2007
• Est. Priority Date: 12/31/2002
• Status: Abandoned Application

• Current Assignee: eBay Inc.
• Original Assignee: eBay Inc.
• Inventors: Grove, Brian, Grove, Steve, Edson, Zak, Sandler, Andrew
• Application Number:
  US11/648,213
• Publication Number:
  US 20070112644A1
• Time in Patent Office: Days
• US Class Current: 705/26
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Methods and systems including an auction method including an auction price-setting process and a fixed price process for purchasing a seller'"'"'s offering to a buyer. The seller may adjust a seller fixed-price offer during the auction price-setting process. Various embodiments include a network-based commerce system including, a processor coupled to a memory through a bus; and an auction price-setting process executed from the memory by the processor to facilitate a request for an adjustment of a reserve price associated with a listing for an item, the request to be sent to a seller of the listing.

Claims

1. A network-based commerce system including:

a processor coupled to a memory through a bus; and

an auction price-setting process executed from the memory by the processor to facilitate a request for an adjustment of a reserve price associated with a listing for an item, the request to be sent to a seller of the listing.

2. The network-based commerce system of claim 1, wherein the auction price-setting process further causes the processor to automatically transmit the request to the seller when a maximum bid is within a predetermined percentage range of the reserve price.

3. The network-based commerce system of claim 1, wherein the auction price-setting process further causes the processor to automatically transmit the request to the seller when a proxy bid is within a predetermined percentage range of the reserve price.

4. The network-based commerce system of claim 1, wherein the request includes information of a closing price of a similar listing.

5. A machine-readable medium having instructions to cause a machine to perform a method of facilitating a network-based auction price-setting process, the method including:

facilitating a request for an adjustment of a reserve price associated with a listing for an item within the network-based auction price-setting process, the request to be sent to a seller of the listing.

6. The machine-readable medium of claim 5, including automatically transmitting the request to the seller when a maximum bid is within a predetermined percentage range of the reserve price.

7. The machine-readable medium of claim 5, including automatically transmitting the request to the seller when a proxy bid is within a predetermined percentage range of the reserve price.

8. The machine-readable medium of claim 5, wherein the request includes information of a closing price of a similar listing.

9. A method of facilitating a network-based auction price-setting process, the method including:

facilitating a request for an adjustment of a reserve price associated with a listing for an item within the network-based auction price-setting process, the request to be sent to a seller of the listing.

10. The method of claim 9, including automatically transmitting the request to the seller when a maximum bid is within a predetermined percentage range of the reserve price.

11. The method of claim 9, including automatically transmitting the request to the seller when a proxy bid is within a predetermined percentage range of the reserve price.

12. The method of claim 9, wherein the request includes information of a closing price of a similar listing.

13. A network-based commerce system for facilitating a network-based auction price-setting process, the system including:

a means for facilitating a request for an adjustment of a reserve price associated with a listing for an item within the network-based auction price-setting process, the request to be sent to a seller of the listing, the means for facilitating coupled to the storage means.

14. The network-based commerce system of claim 13, including automatically transmitting the request to the seller when a maximum bid is within a predetermined percentage range of the reserve price.

15. The network-based commerce system of claim 13, including automatically transmitting the request to the seller when a proxy bid is within a predetermined percentage range of the reserve price.

16. The network-based commerce system of claim 13, wherein the request includes information of a closing price of a similar listing.