ONLINE MARKET FOR RETAIL GOODS
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United States of America Patent
Stats
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N/A
Issued Date -
Nov 22, 2012
app pub date -
May 17, 2011
filing date -
May 17, 2011
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Systems and methods are provided for creating a dynamic, exchange-like online market for retail goods. The online market receives quotations from a seller to sell a quantity of an item and buy orders from buyers to purchase the items. The price per item from each seller is calculated and the buyers are provided with a ranking of the available items. Furthermore, a buyer may request a ranking of resting sell orders or a seller may request a ranking of resting buy orders. Furthermore, the rankings provided to the buyers may be a function of both the quotations to sell from the seller of an item and available gift cards available.
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