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Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items

  • US 8,527,363 B2
  • Filed: 05/26/2010
  • Issued: 09/03/2013
  • Est. Priority Date: 12/13/2001
  • Status: Expired due to Term
First Claim
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1. A method comprising:

  • capturing, by a computer system, data from a plurality of completed auctions, in which each auction is for a respective item, in which the respective data comprises information about the respective item and the respective auction;

    storing the data from the plurality of completed auctions;

    transmitting, by the computer system, information about the data for presentation through an interface of a remote device, in which the interface allows a user to select one or more characteristics of one or more of the plurality of completed auctions and one or more of the respective items, in which transmitting the information includes transmitting a listing comprising at least one of the completed auctions to the remote device;

    receiving, by the computer system, a request to compute statistical data about at least a portion of the plurality of completed auctions from the remote device of the user through a communication link, in which the request identifies the one or more auction characteristics selected by the user through the interface and the one or more respective items;

    determining, by a processor of the computer system and in response to receiving the request to compute, the statistical data about the at least the portion of the plurality of completed auctions from at least a portion of the data, in which the portion of the data corresponds to completed auctions having the one or more characteristics and completed auctions for the one or more respective items;

    transmitting the statistical data to the remote device of the user through the communication linkreceiving, by the computer system, a request to remove data about the at least one of the completed auctions from the statistical data from the remote device;

    determining, by the processor and in response to receiving the request to remove the data, updated statistical data from at least a portion of the data captured from each of the plurality of completed auctions that has the one or more auction characteristics other than the at least one of the completed auctions; and

    transmitting, to the remote device, the updated statistical data through the communication link.

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