Method of transformational bidding with rebates and discounts

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7283979
APP PUB NO 20010032167A1
SERIAL NO

09753328

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Abstract

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A machine implemented method for transforming bidding with rebates and discounts in an online auction is described herein. In one embodiment, a method includes receiving a first bid from a first bidder and a second bid from a second bidder over a network, where at least one of a rebate and discount is offered with at least one of the first and second bids and the first and second bidders are seller bidders. In response, the method assigns a first value and a first unit of measurement for the first bid and a second value and second unit of measurement for the second bid using in part the at least one of a rebate and discount offered with at least one of the first and second bids, and transforms the first and second values to third and fourth values, respectively, having a standard unit of measurement, where the third and fourth values represent the first and second bids of the first and second bidders in view of the standard unit of measurement.

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Patent Owner(s)

Patent OwnerAddress
ARIBA INC910 HERMOSA COURT SUNNYVALE CA 94085

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Rupp, William D Mt. Lebanon, PA 39 1689
Tulloch, Shane M Sunnyvale, CA 5 110
Valachovic, Timothy Bridgeville, PA 3 42

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