Online Time Interval Based Sale Management Platform
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United States of America Patent
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-
N/A
Issued Date -
Aug 11, 2011
app pub date -
Feb 10, 2011
filing date -
Feb 11, 2010
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A computer implemented method and system is provided for facilitating a time interval based sale of sale items in an online environment. A sale management platform acquires sale items and sale information from merchandisers and consumers. The sale management platform determines an optimal time interval based on predetermined time criteria and determines optimal discount prices for the sale items based on the sale discount prices offered by the merchandisers, the acquired sale information, and predetermined price criteria. The sale management platform manages a fixed price sale or a bargain sale of selected sale items at one or more of the sale discount prices offered by the merchandisers and the optimal discount prices during the merchandiser-selected time interval, the consumer-selected time interval, or the optimal time interval. The sale management platform manages bargaining sessions between the merchandisers and the consumers until expiration of the time interval or acceptance of an offer.
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