Systems and Methods For Transacting Business Over A Global Communications Network Such As The Internet

  • US 20010000044A1
  • Filed: 06/29/1999
  • Published: 03/15/2001
  • Est. Priority Date: 06/29/1999
  • Status: Active Grant
First Claim
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1. A method of doing business over a global communications network comprising the steps:

  • communicating to a buyer via the global communications network, a description of a product;

    accepting a first request from the buyer to buy the product for a price to be determined within a price range;

    accepting a second request from the buyer to allow the price to be determined based upon a performance of the buyer while participating in a Price-Determining-Activity (PDA) selected by the buyer;

    receiving data from the buyer over the global communications network, said data representing the performance of the buyer during the selected PDA; and

    determining the price of the product based at least partially upon the data received, said price being within the price range.

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