Method and computer medium for facilitating a buyer-initiated feature within a business transaction
First Claim
Patent Images
1. A non-transitory computer readable storage medium stored on a hand-held computing device, the medium having embodied thereon instructions executable by a processor to:
- receive through an input of the hand-held device a first request to receive a plurality of offers for purchase of a product or service, the request including a selection of pre-determined criteria associated with the good or service, the pre-determined criteria being established and presented by a third party;
receive information for a plurality of offers related to the first request, the plurality of offers including at least one discounted price with a price per unit for the product or service, a quantity associated with the discounted price, and a time period associated with the delivery of the good or service;
permit the buyer to alter the time period after the purchase;
provide a supplier of the good or service with an indication that the delivery time has been altered by the buyer; and
display a listing of the received plurality of offers.
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Abstract
A system and method for conducting electronic business between buyers and sellers is provided. The system and method disclose a means for at least one buyer to request and receive online bids from one or more sellers of a particular product according to a price curve or price schedule. A price schedule or curve for a product defining a product'"'"'s unit price as a function of the volume of product ordered. Upon receipt of a plurality of bids from sellers, a buyer can then select a seller-supplier based at least in part on the price schedule.
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Citations
32 Claims
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1. A non-transitory computer readable storage medium stored on a hand-held computing device, the medium having embodied thereon instructions executable by a processor to:
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receive through an input of the hand-held device a first request to receive a plurality of offers for purchase of a product or service, the request including a selection of pre-determined criteria associated with the good or service, the pre-determined criteria being established and presented by a third party; receive information for a plurality of offers related to the first request, the plurality of offers including at least one discounted price with a price per unit for the product or service, a quantity associated with the discounted price, and a time period associated with the delivery of the good or service; permit the buyer to alter the time period after the purchase; provide a supplier of the good or service with an indication that the delivery time has been altered by the buyer; and display a listing of the received plurality of offers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A system for facilitating a buyer-initiated feature within a business transaction, the system comprising:
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a processor; a memory; one or more software modules stored in the memory and executable by the processor to; receive through an input of a hand-held device a first request to receive a plurality of offers for purchase of a product or service, the request including a selection of pre-determined criteria associated with the good or service, the pre-determined criteria being established and presented by a third party; receive information for a plurality of offers related to the first request, the plurality of offers including at least one discounted price with a price per unit for the product or service, a quantity associated with the discounted price, and a time period associated with the delivery of the good or service; permit the buyer to alter the time period after the purchase; provide a supplier of the good or service with an indication that the delivery time has been altered by the buyer; and display a listing of the received plurality of offers. - View Dependent Claims (21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32)
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Specification