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System for enhancing buyers performance in electronic commerce

  • US 7,765,140 B1
  • Filed: 08/08/2000
  • Issued: 07/27/2010
  • Est. Priority Date: 08/08/2000
  • Status: Active Grant
First Claim
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1. A system for enhancing price discovery of products available in electronic commerce, wherein said system comprises:

  • one or more automated surveyors for surveying a plurality of;

    posted prices, bid prices, posted quotes, quoted prices, and auctions;

    an anonymous buyer profile, said anonymous buyer profile used multiple times to develop historical usage thereof, said historical usage representing a sophisticated buyer and included within at least one of said one or more automated surveyors, said sophisticated buyer used as the buyer by said automated surveyors, andwherein use of said anonymous buyer profile increases the probability of discovering the best prices in an electronic commerce environment which includes electronic price discrimination.

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