A system and method for facilitating consignment and sales of inventory or services

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.

1 - 25 . (canceled)  
   
   
       26 . A method of facilitating the sale of goods or services offered from at least one vendor to at least one buyer through an intermediary platform, in communication with the vendors and the buyers comprising the steps of: 
 each of the vendors providing the intermediary platform with descriptive information relating to each of the goods or services offered by the respective vendor, said descriptive information including a minimum sales price for each of the goods or services;    constructing at least one haggle table, said haggle table stored in a memory device associated with a processor located at the intermediary platform;    initiating a haggle process by a buyer communicating a first offered price for a first of the goods or services to the intermediary platform;    the intermediary platform comparing said first offered price to said minimum sales price of said first of the goods or services; and    consummating the sale of said first of the goods or services of said first offered price is greater than, or equal to, said minimum sales price of said first of the goods or services.    
   
   
       27 . The method in accordance with  claim 26 , further including the steps of: 
 continuing said haggle process if said first offered price is less than said minimum price of said first of the goods or services with the intermediary platform determining a counter offer utilizing said offered price, said minimum sales price and said haggle table;    presenting said counter offer to the buyer; and    further continuing said haggle process until a final offer is accepted or no additional counter offers are made by the buyer or vendor.    
   
   
       28 . (canceled)  
   
   
       29 . The method in accordance with  claim 26  wherein the sale of said first of the goods or services is consummated only after a predetermined number of offers and counter offers between the buyer and said intermediary have been exhausted.  
   
   
       30 . The method in accordance with  claim 27  wherein the sale of said first of the goods or services is consummated only after a predetermined number of offers and counter offers between the buyer and said intermediary have been exhausted.  
   
   
       31 - 40 . (canceled)