Method and system for improved online auction

• US 7,930,237 B1
• Filed: 05/30/2007
• Issued: 04/19/2011
• Est. Priority Date: 03/25/2002
• Status: Expired due to Fees

• Current Assignee: Paid Incorporated
• Original Assignee: Paid Incorporated
• Inventors: Martin, John, Rotman, Richard, Rotman, Greg
• Primary Examiner(s): Maguire; Lindsay M.
• Application Number:
  US11/755,659
• Time in Patent Office: 1,420 Days
• Field of Search: 705/37, 705/26.3, 705/335
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/08345 Pricing
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Methods and systems for improving auction-based online commerce are provided, including methods and systems for facilitating advance, rapid, accurate estimation of shipping costs between a seller and the winner of an online auction. Methods and systems include an application for facilitating seller estimation of shipping costs, including various components of shipping costs, and for providing to the buyer a shipping estimate based on the circumstances of the buyer and the auction.

Claims

1. A method for calculating shipping rates for an online open-bidding auction, comprising:

receiving a seller'"'"'s shipping preferences via a computer network, the seller'"'"'s shipping preferences to be stored at least one first storage facility, wherein the seller'"'"'s shipping preferences comprise a preference to ship one or more auction items, a preference to ship from one or more seller shipping locations, and a preference to ship via one or more shipping methods, wherein the seller'"'"'s shipping preferences are electronically selected by the seller to be utilized in one or more online open-bidding auctions initiated by the seller;

receiving shipping characteristics of at least one auction item, the shipping characteristics to be stored at least one second storage facility, wherein the shipping characteristics comprise at least one physical characteristic of the at least one auction item;

receiving auction listing characteristics of the at least one auction item, the auction listing characteristics to be stored at least one third storage facility, wherein the auction listing characteristics comprise a description of the at least one auction item;

providing an online auction listing for the at least one auction item in an online open-bidding auction initiated by the seller, wherein the online auction listing comprises the auction listing characteristics of the at least one auction item, at least one entry option to allow a buyer to enter of an indicator of a buyer'"'"'s shipping location, and at least one request option to allow a buyer to request a shipping rate calculation;

receiving a buyer'"'"'s request via the online auction listing to calculate at least one shipping rate for the at least one auction item in the online open-bidding auction;

electronically calculating the at least one shipping rate based at least in part upon at least one selected shipping method, at least one selected seller shipping location, the buyer'"'"'s shipping location, the shipping characteristics of the at least one auction item, and an amount of at least one auction bid associated with the at least one auction item, wherein the amount of the at least one auction bid is based upon at least one bid amount provided by one or more of the buyer, the seller, and a third party; and

electronically presenting the at least one calculated shipping rate to the buyer;

wherein the at least one shipping rate may be calculated at any time during the online open-bidding auction for electronic presentation to the buyer.

2. The method of claim 1, wherein the at least one first storage facility, the at least one second storage facility, and the at least one third storage facility are at least partially shared storage facilities.

3. The method of claim 1, wherein the at least one first storage facility, the at least one second storage facility, and the at least one third storage facility are separate storage facilities.

4. The method of claim 1, further comprising:

receiving the indicator of the buyer'"'"'s shipping location from the buyer via the online auction listing.

5. The method of claim 1, further comprising:

receiving an auction bid from the buyer via the online auction listing, wherein an amount of the buyer'"'"'s auction bid is the amount of the at least one auction bid.

6. The method of claim 1, wherein the amount of the at least one auction bid is an amount of an auction bid by the buyer.

7. The method of claim 1, wherein the amount of the at least one auction bid is an amount of a current auction bid.

8. The method of claim 1, wherein electronically calculating the at least one shipping rate based at least in part upon at least one selected shipping method comprises:

electronically calculating a plurality of shipping rates based at least in part upon a plurality of selected shipping methods.

9. The method of claim 8, wherein electronically presenting the at least one calculated shipping rate to the buyer comprises:

electronically presenting the plurality of calculated shipping rates to the buyer.

10. The method of claim 1, wherein electronically calculating the at least one shipping rate based at least in part upon at least one selected seller shipping location comprises:

electronically calculating a plurality of shipping rates based at least in part upon a plurality of selected seller shipping locations.

11. The method of claim 10, wherein electronically presenting the at least one calculated shipping rate to the buyer comprises:

electronically presenting the plurality of calculated shipping rates to the buyer.

12. The method of claim 1, wherein electronically calculating the at least one shipping rate based at least in part upon the shipping characteristics of the at least one auction item comprises:

electronically calculating a plurality of shipping rates based at least in part upon the shipping characteristics of the at least one auction item and the shipping characteristics of at least one other type of auction item associated with another online auction, wherein the plurality of shipping rates are electronically calculated for a combined shipment of the at least one auction item and the at least one other type of auction item.

13. The method of claim 12, wherein electronically presenting the at least one calculated shipping rate to the buyer comprises:

electronically presenting the plurality of calculated shipping rates to the buyer.

14. The method of claim 1, wherein electronically calculating the at least one shipping rate based at least in part upon at least one selected seller shipping location comprises:

electronically calculating a plurality of shipping rates based at least in part upon a preferred seller shipping location of a plurality of selected seller shipping locations.

15. The method of claim 14, wherein the preferred seller shipping location is electronically determined based at least in part upon proximity to the buyer'"'"'s shipping location.

16. The method of claim 1, wherein electronically calculating the at least one shipping rate comprises electronically calculating a plurality of shipping rates, wherein electronically presenting the at least one calculated shipping rate to the buyer comprises electronically presenting the plurality of calculated shipping rates to the buyer, wherein the method further comprises:

receiving an indicator of a buyer'"'"'s selection of at least one of the plurality of calculated shipping rates.

17. The method of claim 1, wherein electronically calculating the at least one shipping rate further comprises electronically calculating the at least one shipping rate based at least in part upon a classification assigned to the buyer'"'"'s shipping location by a third party, wherein the classification is electronically accessed from the third party.

18. The method of claim 1, wherein the seller'"'"'s shipping preferences are default shipping preferences to be utilized in multiple separate online open-bidding auctions initiated by the seller.

19. The method of claim 18, wherein the default shipping preferences may be optionally electronically selected by the seller to be overridden for individual ones of the multiple separate online open-bidding auctions initiated by the seller.