Bidder-side auction dynamic pricing agent, system, method and computer program product
DCFirst Claim
1. A method of automating an interaction between a bidder and an electronic online auction hosting service comprising:
- receiving, by at least one computer processor, at least an identification of a bidder at an online bidder-centric bidding automation service, and at least an identification of an online auction service, wherein the online bidder-centric bidding automation service is separate from the online auction service;
receiving, by the at least one computer processor, an identification of an auction, and receiving the identification of the auction in a bid portfolio of at least one bid of the bidder;
receiving, by the at least one computer processor, at least one bid parameter for the auction;
setting, by the at least one computer processor, a bid time that is before a time of auction close (TAC) of the auction and receiving at least a minimum absolute time that has been logged for prior successful auctions; and
activating, by the at least one computer processor, at least one bid proxy of the bidding automation service to transmit at the bid time to the online auction hosting service, bid information based on the at least one bid parameter.
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Accused Products
Abstract
A system, method, and computer program product for automating a bidder-centric bidder online auction interaction. The method can include receiving a bidder and an online auction service at a bidding automation service; receiving an auction in a bid portfolio; receiving a bid parameter; setting a bid time before time before time auction close (TAC) and receiving a minimum absolute time logged for prior auctions; and activating a bid proxy to transmit bid information to online auction. Auction monitoring of temporal progression of product auctions, and notification of changes in status that could prevent an initial bid from being placed by a bid proxy, can be provided. Bid proxies can be activated as an auction nears completion to begin placing bids until the auction is won or lost, or if out-bid, can execute a higher bid.
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Citations
32 Claims
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1. A method of automating an interaction between a bidder and an electronic online auction hosting service comprising:
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receiving, by at least one computer processor, at least an identification of a bidder at an online bidder-centric bidding automation service, and at least an identification of an online auction service, wherein the online bidder-centric bidding automation service is separate from the online auction service; receiving, by the at least one computer processor, an identification of an auction, and receiving the identification of the auction in a bid portfolio of at least one bid of the bidder; receiving, by the at least one computer processor, at least one bid parameter for the auction; setting, by the at least one computer processor, a bid time that is before a time of auction close (TAC) of the auction and receiving at least a minimum absolute time that has been logged for prior successful auctions; and activating, by the at least one computer processor, at least one bid proxy of the bidding automation service to transmit at the bid time to the online auction hosting service, bid information based on the at least one bid parameter. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system of automating an interaction between a bidder and an electronic online auction hosting service comprising:
at least one computer processor executing code stored in at least one memory that causes the at least one computer processor to; receive at least an identification of a bidder at an online, bidder-centric bidding automation service, and at least an identification of an online auction service of the bidder, wherein the bidder-centric bidding automation service is separate from the online auction service; receive an identification of an auction, and receive the identification of the auction in a bid portfolio of at least one bid of the bidder; receive at least one bid parameter for the auction; set a bid time that is before a time of auction close (TAC) of the auction and receive at least a minimum absolute time that has been logged for prior successful auctions; and activate at least one bid proxy of the bidding automation service to transmit at the bid time to the online auction hosting service, bid information based on the at least one bid parameter. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. A nontransitory computer program product of automating an interaction between a bidder and an electronic, online auction hosting service, the product embodied on a computer accessible medium, the computer program product comprising program logic, which when executed on at least one processor performs a method comprising:
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receiving, by the at least one computer processor, at least an identification of a bidder at an online bidder-centric bidding automation service, and an identification of online auction service, wherein the bidder-centric bidding automation service is separate from the online auction service; receiving, by the at least one computer processor, an identification of an auction, and receiving the identification of the auction in a bid portfolio of at least one bid of the bidder; receiving, by the at least one computer processor, at least one bid parameter for the auction; setting, by the at least one computer processor, a bid time that is before a time of auction close (TAC) of the auction and receiving at least a minimum absolute time that has been logged for prior successful auctions; and activating, by the at least one computer processor, at least one bid proxy of the bidding automation service to transmit at the bid time to the online auction hosting service, bid information based on the at least one bid parameter. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31)
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32. A method of automating an interaction between a bidder and an electronic, dynamic pricing online auction hosting service comprising:
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receiving a registration of a bidder at an online, computer-implemented, Internet-based, bidder-centric bidding automation services application site, wherein said bidder-centric bidding automation services application site is separate from any online auction hosting services site, by creating logon credentials that are used to at least one of authenticate or authorize the bidder'"'"'s use of services of the bidder-centric bidding automation services application site;
receiving at least one auction hosting services site account associated with the bidder;receiving at least one auction identifier and one of said at least one online auction hosting services sites associated with said at least one auction, and storing said at least one auction identifier in a bid portfolio of the bidder for acquiring data using at least one scan agent or at least one bid proxy; and enabling activating of the at least one bid proxy to programmatically bid on said at least one auction of said one of said at least one online auction hosting services site to said at least one online auction hosting services site, the at least one bid proxy placing at least one bid, driven by said programmed bid parameters, until said at least one auction is either won or lost by a time of auction close (TAC) of said at least one auction, wherein said bidding by the at least one bid proxy begins at a start of a time to auction close window (TACW) and said start of TACW is based on at least a received minimum absolute time that has been logged for prior successful auctions.
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Specification