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Method and system for generating an auction using a product catalog in an integrated internal auction system

  • US 8,095,449 B2
  • Filed: 10/31/2006
  • Issued: 01/10/2012
  • Est. Priority Date: 11/03/2005
  • Status: Active Grant
First Claim
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1. A method for generating an auction in an internal auction system in a computer application, the method comprising:

  • selecting, via a processor, a product from an existing product catalog based on a seller'"'"'s input, wherein the product catalog is maintained by an e-commerce system of a seller'"'"'s business information management system;

    receiving a set of product parameters from the seller'"'"'s business information management system as a function of the selected product;

    generating default values for the auction in the internal auction system derived from an auction profile of the seller stored by the seller'"'"'s business information management system;

    defining a set of auction parameters by the processor using an auction application, the auction application also supported by the seller'"'"'s business information management system but executed separately from the e-commerce system, wherein the set of auction parameters includes parameter(s) necessary to generate the auction in the internal auction system;

    populating auction fields from the defined set of auction parameters;

    generating the auction in the internal auction system as a function of the generated default values, the received set of product parameters and the defined set of auction parameters;

    modifying auction parameters if desired by the seller after the creation of the auction; and

    adding additional products to the created auction.

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