Systems and methods for transacting business over a global communications network such as the internet

  • US 6,978,253 B2
  • Filed: 06/29/1999
  • Issued: 12/20/2005
  • Est. Priority Date: 06/29/1999
  • Status: Expired due to Fees
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);

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

    determining the price of the product based at least partially upon the data received, said price being within the price range and scaled to the performance of the buyer.

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