Auction method for real-time displaying bid ranking

• US 7,835,944 B2
• Filed: 01/24/2003
• Issued: 11/16/2010
• Est. Priority Date: 01/24/2002
• Status: Expired due to Fees

• Current Assignee: Sung-Min Ko
• Original Assignee: Sung-Min Ko
• Inventors: Ko, Sung-Min
• Primary Examiner(s): Airapetian; Mila
• Application Number:
  US10/502,553
• Publication Number:
  US 20050119963A1
• Time in Patent Office: 2,853 Days
• Field of Search: 705/26, 705/27, 705/37
• US Class Current: 705/26.8
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Disclosed herein is a real-time auction method that is based on an auction server for performing a process of an auction and wired and wireless terminals of participants. The method includes the auction screen providing step of providing an auction screen, on which auction information is displayed, to wired and wireless terminals of participants participating in the auction, the ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices, the bidding extending step of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction, and the successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.

Claims

1. A real-time auction method displaying bidding rankings in real time, comprising:

selecting an auction server for performing an auction between participants wired or wirelessly connected to the auction server;

connecting participants to the auction server, each participant uses a terminal that presents an auction screen for displaying auction information from said auction server;

a ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices;

a bidding extending step performed by said auction server of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction; and

,

a successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.

2. The real-time auction method as set forth in claim 1, wherein the auction screen displays a plurality of price buttons that the participants used to input bidding prices.

3. The real-time auction method as set forth in claim 1 or 2, wherein the auction screen includes a chat window for allowing the participants to chat with each other and an advertisement window for displaying motion pictures and advertisements of a product to be auctioned.

4. The real-time auction method as set forth in claim 3, further comprising the steps of:

requesting the participants to pay participation fees at the time of participating in the auction; and

permitting the participants to participate in the auction when the participants pay the participation fees.

5. The real-time auction method as set forth in claim 4, wherein the successful bidder determined at the successful bid determining step is allowed to pay at least part of the successful bidding price with previously accumulated points.

6. A real-time auction method displaying bidding rankings in real time, comprising:

selecting an auction server for performing an auction between participants wired or wirelessly connected to the auction server;

connecting participants to the auction server, each participant uses a terminal with an auction screen for displaying auction information;

the auction information providing step of providing auction information including at least one of an auction product, an auction time, an auction start price, a desired bidding price and a motion picture of the auction product through a terrestrial broadcasting;

the auction screen providing step of providing an auction screen, on which auction information is displayed, to wired and wireless terminals of participants participating in the auction;

the ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices;

the bidding extending step performed by the auction server of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding times ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction; and

,

the successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.

7. The real-time auction method as set forth in claim 6, wherein information about at least one of the ranking displaying step, the bidding extending step and the successful bid determining step is broadcast through the terrestrial broadcasting.

8. The real-time auction method as forth in claim 6 or 7, wherein the auction screen providing step is performed in such a way that an advertisement window is provided to display the motion picture of the auction product or an advertisement before a start of the auction at the auction screen providing step and a before a start of the extended bidding at the bidding extending step.

9. A real-time auction method displaying bidding rankings in real time, comprising:

selecting an auction server for performing an auction between participants wired or wirelessly connected to the auction server;

connecting participants to the auction server, each participant uses a terminal with an auction screen for displaying auction information;

the auction information providing step of providing auction information, including one or more of an auction product, an auction time, an auction start price, a desired bidding price, and a motion picture of the auction product, through terrestrial broadcasting;

a bidding extending step performed by the auction server of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participant in the extended auction;

the ranking displaying step of providing rankings of bidding prices through one or more of terrestrial broadcasting, an Internet site, and wired and wireless terminals, or through an Automatic Response System (ARS) in a voice form when the participants make bids; and

,

the successful bid determining step of providing a successful bidding price and a successful bidder through one or more of terrestrial broadcasting, an Internet site, and wired and wireless terminals, or through an ARS in a voice form when a finally set bidding time ends.

10. The real-time auction method as set forth in claim 9 further comprising the compared prices displaying step of providing selling prices, at which the product to be auctioned is sold at shopping malls or off-line, through one or more of terrestrial broadcasting, an Internet site, and wired and wireless terminals, or through an ARS in a voice form.