US2007299740A1PendingUtilityA1

System and method for facilitating consignment and sales of inventory or services

Individually held — no corporate assignee on recordPriority: Oct 25, 2001Filed: Sep 7, 2007Published: Dec 27, 2007
Est. expiryOct 25, 2021(expired)· nominal 20-yr term from priority
Inventors:Joseph M. Kar
G06Q 30/08G06Q 30/0613G06Q 50/188
48
PatentIndex Score
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Claims

Abstract

A system and method for the facilitation of sales for items or services between vendors and buyers through an intermediary platform. The sale of these goods or services would be implemented utilizing a haggling process in which the intermediary and each individual buyer would bargain for a final sale price of that item. Generally, each of the vendors provides the intermediary with a retail sale price and a minimum sale price for each of the items. Thereafter, a buyer would counter the retail price for each of the items with an offer presumably below the retail price. Haggle tables are utilized to allow the intermediary to counter the buyer's initial offer as well as subsequent counter offers by the buyer. Once a sale price for the particular item or service is finalized, the item would be delivered or service rendered to the buyer and the vendors account with the intermediary would be credited to reflect this purchase.

Claims

exact text as granted — not AI-modified
1 - 40 . (canceled)  
     
     
         41 . A system for facilitating the sale of a good or service from a vendor to a buyer, comprising: 
 a processor and memory device in communication with the vendor and the buyer, the memory device maintaining desired discount amounts for the good or service offered by the vendor; and    the processor utilizing the desired discount amounts to produce at least one counter offer responsive to a buyer's offer or counter offer for the good or service offered by the vendor.

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