SYSTEMS AND METHODS FOR ONLINE REVERSE AUCTIONS
First Claim
1. A system for providing an online reverse auction, the system comprising:
- a software application, the software application being accessible to a buyer and a provider over a wide area network, wherein the software application is configured to receive an offer solicitation from the buyer and to present the offer solicitation to the provider, wherein the software application is configured to receive an offer from the provider responsive to the offer solicitation, and wherein the software application is configured to present the offer to the buyer.
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Accused Products
Abstract
This invention relates generally to auctions, and more specifically, to systems and methods for online reverse auctions. In one embodiment, the invention includes a system for providing an online reverse auction, the system having a software application, the software application being accessible to a buyer and a provider over a wide area network, wherein the software application is configured to receive an offer solicitation from the buyer and to present the offer solicitation to the provider, wherein the software application is configured to receive an offer from the provider responsive to the offer solicitation, and wherein the software application is configured to present the offer to the buyer.
9 Citations
9 Claims
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1. A system for providing an online reverse auction, the system comprising:
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a software application, the software application being accessible to a buyer and a provider over a wide area network, wherein the software application is configured to receive an offer solicitation from the buyer and to present the offer solicitation to the provider, wherein the software application is configured to receive an offer from the provider responsive to the offer solicitation, and wherein the software application is configured to present the offer to the buyer. - View Dependent Claims (2, 3, 4)
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5. A system for providing an online reverse auction, the system comprising:
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a buyer component, the buyer component configured to receive an offer solicitation from a buyer;
a provider component, the provider component in communication with the buyer component, the provider component configured to present the offer solicitation to a provider, the provider component configured to receive an offer from the provider responsive to the offer solicitation, wherein the offer is presented to the buyer for consideration. - View Dependent Claims (6, 7, 8)
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9. A method for providing an online reverse auction, the method comprising the steps of:
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receiving an offer solicitation from a buyer without a fee, the offer solicitation being for any of a good and service;
presenting the offer solicitation to a provider without a fee;
receiving an offer from the provider responsive to the offer solicitation; and
presenting the offer to the buyer for consideration.
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Specification