On-line system for buyer seller matching and negotiation
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United States of America Patent
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Jun 14, 2011
Grant Date -
Mar 29, 2007
app pub date -
Sep 29, 2005
filing date -
Sep 29, 2005
priority date (Note) -
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status (Latency Note)
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Abstract
An on-line system for creating an open market for matching buyers and sellers of brand name products. The system enables buyers to achieve the maximum value in the purchased product by engaging in an open ended on-line reverse auction and a negotiation process with multiple sellers of the specified product. The system enables sellers to generate sales leads and engage in the open ended on-line reverse auction bidding and the negotiation process with buyers.
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