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

  • US 8,494,917 B2
  • Filed: 09/20/2011
  • Issued: 07/23/2013
  • Est. Priority Date: 06/29/1999
  • Status: Expired due to Fees
First Claim
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1. A system comprising:

  • multiple programmable databases accessed via a global communication network by at least one computer server,said system configured to;

    communicate via the global communication network to a buyer;

    receive data representing the buyer'"'"'s participation in an intermediary activity, wherein the intermediary activity is part of a sales transaction;

    receive data representing at least one bid from the buyer, wherein the bid is not the intermediary activity;

    assign a score based at least partially on the intermediary activity; and

    calculate a sale price of a product in an auction based at least partially upon the score and the bid via a price determining algorithm.

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