System and method to optimally clear non-selling inventory
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Feb 15, 2007
app pub date -
Jun 27, 2006
filing date -
Aug 15, 2005
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A seller desiring to sell items in an inventory configures seller filters which are then applied to the inventory to provide a filtered inventory. Buyers configure buyer filters to indicate items that they are interested in purchasing. A match is found within the inventory that falls within the parameters established by a seller and buyer. The match leads to a prospective transaction which may be revised by the seller and buyer prior to confirmation of the transaction. Participation by the seller and buyers is enabled over a network to facilitate and automate the transaction.
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