System and method for determining a posting payment amount
First Claim
Patent Images
1. A method for determining an amount to be provided in return for posting an item to be sold, comprising:
- (a) receiving information about a post for the item to be sold; and
(b) determining, based on the received information, a posting payment amount that is greater than zero.
13 Assignments
0 Petitions
Accused Products
Abstract
Information is received about a post for an item to be sold. The information may include, for example, the class and type of item being sold, the reputation of a seller, a floor price below which the item will not be sold, a condition of the item and peripherals included with the item. Based on the received information, a posting payment amount is determined.
83 Citations
55 Claims
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1. A method for determining an amount to be provided in return for posting an item to be sold, comprising:
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(a) receiving information about a post for the item to be sold; and
(b) determining, based on the received information, a posting payment amount that is greater than zero. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
(c) receiving account information from a seller; and
(d) providing the posting payment amount using the received account information.
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15. The method of claim 14, wherein the account information comprises a financial account identifier.
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16. The method of claim 14, wherein the step of providing the posting payment amount comprises providing the posting payment amount to the seller using the received account information.
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17. The method of claim 1, wherein the posting payment amount comprises a modified commission arrangement.
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18. The method of claim 1, wherein the information is received from a seller and the posting payment amount is to be provided to the seller.
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19. The method of claim 18, wherein the received information comprises information related to previous posts received from the seller.
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20. The method of claim 19, wherein the received information comprises information related to at least one of:
- (i) how quickly items previously posted by the seller have been sold;
(ii) the number of current posts received from the seller; and
(iii) the number of bids submitted in response to previous posts received from the seller.
- (i) how quickly items previously posted by the seller have been sold;
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21. The method of claim 18, wherein the received information comprises a commission arrangement selected by the seller.
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22. The method of claim 1, further comprising:
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(c) providing the posting payment amount to the seller; and
(d) posting the item to be sold.
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23. The method of claim 22, wherein the received information comprises a floor price below which the item will not be sold.
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24. The method of claim 23, wherein the item is to be sold by auction and further comprising:
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(e) receiving from a buyer a bid amount to purchase the item; and
(f) providing to the seller one of;
(i) the bid amount;
(ii) the bid amount minus the posting payment amount;
(iii) the floor price;
(iv) the floor price minus the posting payment amount;
(v) the floor price plus a percentage of the difference between the floor price and the bid amount; and
(vi) the floor price, plus a percentage of the difference between the floor price and the bid amount, minus the posting payment amount.
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25. The method of claim 24, further comprising determining whether to accept the received bid amount.
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26. The method of claim 22, further comprising updating information related to the seller in a posting history database.
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27. The method of claim 1, further comprising:
(c) displaying the determined posting payment amount to a seller.
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28. The method of claim 1, wherein said determining comprises determining a plurality of posting payment amounts, each posting payment amount being associated with a posting condition, and further comprising:
(c) displaying the plurality of determined posting payment amounts and associated posting conditions to a seller.
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29. The method of claim 28, wherein the posting conditions are floor prices below which the item will not be sold.
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30. A method for determining an amount to be provided in return for posting an item to be sold, comprising:
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(a) receiving information about a post for the item to be sold;
(b) determining, based on the received information, a posting payment amount, wherein the information is received from a seller and the posting payment amount is to be provided to the seller; and
(c) suggesting to the seller a modification to the received information about a post. - View Dependent Claims (31, 32)
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33. A method for posting an item to be sold, comprising:
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(a) receiving, from a seller, information about a post for the item to be sold, including a floor price below which the item will not be sold;
(b) determining, based on the received information, a posting payment amount to be provided to the seller, in which the posting payment amount is greater than zero;
(c) providing the posting payment amount to the seller;
(d) posting the item to be sold;
(e) receiving from a buyer a bid amount to purchase the item; and
(f) providing to the seller an amount based on the bid amount.
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34. A method for determining an amount to be provided in return for posting an item to be sold, comprising:
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(a) receiving from a seller information about a post for the item to be sold;
(b) receiving information about a condition of an item sheet from the seller; and
(c) determining, based on the received information about the item and the information about the condition a posting payment amount to be provided to the seller.
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35. A method for selling an item using a communication network, comprising:
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(a) providing, through the communication network, information about a post for an item to be sold;
(b) accepting a posting payment amount, the posting payment amount being based on the information provided through the communication network, in which the posting payment amount is greater than zero; and
(c) selling the item.
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36. A method for hosting a sale, comprising:
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(a) receiving from a first seller information about a post for a first item to be sold;
(b) receiving from a second seller information about a post for a second item to be sold;
(c) paying a first amount to the first seller, in which the first amount is greater than zero;
(d) paying a second amount, different from the first amount, to the second seller, in which the second amount is greater than zero; and
(e) posting the first and second items to be sold.
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37. A method for determining an amount to be provided in return for posting an item to be sold, comprising:
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(a) receiving from a seller information about a post for the item, the received information comprising a type of item to be sold and an identity of the seller;
(b) accessing a posting history database to estimate a value for the item;
(c) accessing a seller reputation database to determine a reputation of the seller; and
(d) determining, based on the estimated value for the item and the reputation of the seller, a posting payment amount to be provided to the seller, in which the posting payment amount is greater than zero.
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38. A method for hosting a sale, comprising:
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(a) receiving from a seller information about a post for an item to be sold and a requested posting payment amount, in which the requested posting payment amount is greater than zero; and
(b) determining, based on the received information, whether or not the requested posting payment amount will be provided to the seller.
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39. A medium storing instructions adapted to be executed by a processor to perform a method for determining an amount to be provided in return for posting an item to be sold, said method comprising:
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(a) receiving information about a post for the item to be sold; and
(b) determining, based on the received information, a posting payment amount that is greater than zero. - View Dependent Claims (40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54)
(ii) previous bids;
(iii) previous sale prices; and
(iv) previous floor prices.
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42. The medium of claim 39, wherein the received information further comprises information related to at least one of:
- (i) a condition of the item to be sold; and
(ii) a peripheral associated with the item.
- (i) a condition of the item to be sold; and
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43. The medium of claim 39, wherein the item is to be sold by auction.
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44. The medium of claim 39, wherein the received information comprises information related to at least one of:
- (i) a floor price below which the item will not be sold; and
(ii) a reputation of a seller.
- (i) a floor price below which the item will not be sold; and
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45. The medium of claim 39, wherein said determining comprises automatically and dynamically determining the posting payment amount.
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46. The medium of claim 39, wherein said receiving is performed by receiving the information at a posting site device through a communication network.
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47. The medium of claim 39, wherein the posting payment amount comprises at least one of:
- (i) a negative amount; and
(ii) a modified commission arrangement.
- (i) a negative amount; and
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48. The medium of claim 39, wherein the information is received from a seller and the posting payment amount is to be provided to the seller.
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49. The medium of claim 39, wherein the received information comprises information related to at least one of:
- (i) how quickly items previously posted by the seller have been sold;
(ii) the number of current posts received from the seller;
(iii) the number of bids submitted in response to previous posts received from the seller; and
(iv) a commission arrangement selected by the seller.
- (i) how quickly items previously posted by the seller have been sold;
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50. The medium of claim 39, wherein the method further comprises:
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(c) providing the posting payment amount to the seller; and
(d) posting the item to be sold.
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51. The medium of claim 39, wherein the received information comprises a floor price below which the item will not be sold.
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52. The medium of claim 51, wherein the item is to be sold by auction, and wherein the method further comprises:
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(c) receiving from a buyer a bid amount to purchase the item; and
(d) providing to the seller one of;
(i) the bid amount;
(ii) the bid amount minus the posting payment amount;
(iii) the floor price;
(iv) the floor price minus the posting payment amount;
(v) the floor price plus a percentage of the difference between the floor price and the bid amount; and
(vi) the floor price, plus a percentage of the difference between the floor price and the bid amount, minus the posting payment amount.
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53. The medium of claim 39, further comprising:
(c) displaying the determined posting payment amount to the seller.
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54. The medium of claim 39, wherein said determining comprises determining a plurality of posting payment amounts, each posting payment amount being associated with a posting condition, and further comprising:
(c) displaying the plurality of determined posting payment amounts and associated posting conditions to the seller.
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55. An apparatus to determine an amount to be provided in return for posting an item to be sold, comprising:
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(a) a processor; and
(b) a storage device storing instructions adapted to be executed by said processor to;
(i) receive information about a post for the item to be sold, and (ii) determine, based on the received information, a posting payment amount that is greater than zero.
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Specification