Method and apparatus for facilitating sales of goods by independent parties

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8326697
APP PUB NO 20040138962A1
SERIAL NO

10743988

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method for pricing independent sellers' goods. A marketeer exploits the nature of readily identifiable, fungible, durable goods by determining a price for a good, such as a used good, by using a price of a comparable good, such as a new good, as an index price and deriving a discounted sale price for the good from the price of the comparable good having essentially the same value due to its fungible, durable nature. A best price for the good is ensured by using as the index price a lowest price among a group of vendors for the comparable good. A shopping agent program may be used to query one or more vendors to determine a best price for the comparable good, and a pricing agent program may be used to derive a discounted sale price for the good from the best price for the comparable good.

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Patent Owner(s)

Patent OwnerAddress
EBAY INC2145 HAMILTON AVENUE SAN JOSE CA 95125

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Balijepalli, Srinivas Philadelphia, US 22 447
Kopelman, Joshua M Gladwyne, US 16 378

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