Automated purchasing agent system and method

• US 7,251,628 B1
• Filed: 10/13/1999
• Issued: 07/31/2007
• Est. Priority Date: 10/13/1999
• Status: Expired due to Term

• Current Assignee: PayPal, Inc. (PayPal Holdings, Inc.)
• Original Assignee: International Business Machines Corporation
• Inventors: Kraft, Reiner, Ford, Daniel A., Edlund, Stefan B.
• Primary Examiner(s): NGUYEN, NGA B
• Application Number:
  US09/417,065
• Time in Patent Office: 2,848 Days
• Field of Search: 705/26, 705/27, 705/78, 705/80, 705/28, 705/37, 705/38
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

A system and method of automating and managing bids within the context of an Internet auction is disclosed. The present invention permits continuous monitoring and verification of auctions on the Internet based on criterion such as highest bid on an item, maximum permissible bid, and a restriction on the number of successful bids in the auctions by any given participant (0109). The present invention permits embodiments incorporating an auction profile database (0101) that is generated by an auction profile configuration tool (0102) to act as input to an item search manager (0104) that takes data from an item database (0105) and control from an item selector (0103) to then interact with an auction bid controller (0106) that communicates with the remote auction site via an auction command interface (0107).

In accordance with another embodiment of the present invention, an information processing system and computer readable storage medium is disclosed for carrying out the above method.

Claims

1. A method on an information processing system for automatically purchasing products without user interaction, the method comprising:

receiving, via a user dialog, information necessary to register at a plurality of auction sites in order to obtain access to at least two of the plurality of auction sites wherein each of the at least two auction sites has a separate command language, a separate auction database, and a separate user interface thereto;

receiving, via the user dialog, at least one product purchase request for at least one of a product and a service;

communicating with at least two of the plurality of auction sites using the information necessary to access each auction database through both the separate user interface and the separate command language corresponding to each auction site;

determining if the product is available through both of the at least two of the plurality of auction sites, and in response to the product being available and until at least one of a (i) bid is accepted and (ii) time has expired for either of the at least two of the plurality of auction sites, performing the following;

determining if a current bid from both of the auction sites is below a maximum limit permitted, and in response to the current bid being below, performing the following without further user interaction;

placing at least two new bids including a first bid in a first command language for the product at a first of the at least two of the plurality of auction sites and a second bid in a second command language for the product at a second of the at least two of the plurality of auction sites in order for at least two bids to be active on the at least two of the plurality of auction sites at a same time;

determining if at least one of the new bids has been accepted and in response to at least one of the new bids being accepted, canceling outstanding bids at other auction sites of the plurality of auction sites where the at least one of the product and service is available; and

determining if time has expired on any of the at least two new bids for a given auction site of the plurality of action sites and in response to the time expiring, canceling any outstanding bid for the given auction site.

2. The method of claim 1, wherein the information necessary to register at a plurality of auction sites is stored in an auction profile database.

3. The method of claim 2, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for performing a search in response to a purchase request.

4. The method of claim 2, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for placing a bid in response to a purchase request.

5. The method of claim 2, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for canceling a bid.

6. The method of claim 3, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

7. The method of claim 4, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

8. The method of claim 5, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

9. The method of claim 1, wherein at least one of the plurality of auction sites is an Internet-based web auction site.

10. An information processing system for automatically purchasing products without user interaction, comprising:

a profile configuration tool for receiving, via a user dialog, information necessary to register at a plurality of auction sites in order to obtain access to at least two of the plurality of auction sites wherein each of the at least two auction sites has a separate command language, a separate auction database, and a separate user interface thereto;

an item selector for receiving, via the user dialog, at least one product purchase request for at least one of a product and a service;

an auction command interface for communicating with at least two of the plurality of auction sites using the information necessary to access each auction database through the both the separate user interface and the separate command language corresponding to each auction site;

an auction result definition and verification unit for determining if the product is available through both of the at least two of the plurality of auction sites, and in response to the product being available and until at least one of a (i) bid is accepted and (ii) time has expired for either of the at least two of the plurality of auction sites, performing the following;

an auction bid controller for determining if a current bid from both of the auction sites is below a maximum limit permitted, and in response to the current bid being below, performing the following without further user interaction;

placing at least two new bids including a first bid in a first command language for the product at a first of the at least two of the plurality of auction sites and a second bid in a second command language for the product at a second of the at least two of the plurality of auction sites in order for at least two bids to be active on the at least two of the plurality of auction sites at a same time;

determining if at least one of the new bids has been accepted and in response to at least one of the new bids being accepted, canceling outstanding bids at other auction sites of the plurality of auction sites where the at least one of the product and service is available; and

determining if time has expired on any of the at least two new bids for a given auction site of the plurality of action sites and in response to the time expiring, canceling any outstanding bid for the given auction site.

11. The system of claim 10, further comprising:

an auction profile database for storing the information necessary to register at a plurality of auction sites.

12. The system of claim 11, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for performing a search in response to a purchase request.

13. The system of claim 11, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for placing a bid in response to a purchase request.

14. The system of claim 11, wherein the information necessary to register at a plurality of auction sites includes protocol necessary to access each of the plurality of auction databases for canceling a bid.

15. The system of claim 12, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

16. The system of claim 13, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

17. The system of claim 14, wherein the protocol necessary to access each of the plurality of auction databases is based on Extended Markup Language (XML).

18. The system of claim 10, wherein at least one of the plurality of auction sites is an Internet-based web auction site.

19. A computer-readable medium comprising programming instructions on an information processing system for automatically purchasing products without user interaction, the programming instructions including:

receiving, via a user dialog, information necessary to register at a plurality of auction sites in order to obtain access to at least two of the plurality of auction sites wherein each of the at least two auction sites has a separate command language, a separate auction database, and a separate user interface thereto;

receiving, via the user dialog, at least one product purchase request for at least one of a product and a service;

communicating with at least two of the plurality of auction sites using the information necessary to access each auction database through the both the separate user interface and the separate command language corresponding to each auction site;

determining if the product is available through both of the at least two of the plurality of auction sites, and in response to the product being available and until at least one of a (i) bid is accepted and (ii) time has expired for either of the at least two of the plurality of auction sites, performing the following;

determining if a current bid from both of the auction sites is below a maximum limit permitted, and in response to the current bid being below, performing the following without further user interaction;

placing at least two new bids including a first bid in a first command language for the product at a first of the at least two of the plurality of auction sites and a second bid in a second command language for the product at a second of the at least two of the plurality of auction sites in order for at least two bids to be active on the at least two of the plurality of auction sites at a same time;

determining if at least one of the new bids has been accepted and in response to at least one of the new bids being accepted, canceling outstanding bids at other auction sites of the plurality of auction sites where the at least one of the product and service is available; and

determining if time has expired on any of the at least two new bids for a given auction site of the plurality of action sites and in response to the time expiring, canceling any outstanding bid for the given auction site.