Multiple criteria buying and selling model
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United States of America Patent
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Jun 12, 2012
Grant Date -
Jan 20, 2011
app pub date -
Sep 22, 2010
filing date -
Oct 22, 1999
priority date (Note) -
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Abstract
A multiple criteria buying and selling system and method is provided. A seller initially establishes a deal structure for a product, which provides seller defined selling criteria information relating to the purchasing of the product, such as volume per unit price, quality, delivery time and warranty information. A buyer will be able to review a list of deals if the seller's selling criteria matches a buyer defined buying criteria. The deal structure is preferably set up so as to provide buyers with both price and non-price criteria information that the buyer's would consider important in a purchase of the type of product being offered by the seller. The deal structure is electronically made available to potential buyers of the product. For example, the deal structure may be displayed on an Internet site.
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