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US 2004/0205015 A1Published application
System and method for conducting a trial on-line auction
OwnerCedric G. DeLaCruzinventor
Life of this patent
Estimating the term…
Abstract
A system and method for conducting a trial on-line auction to help determine the value of an item or service to be eventually auctioned.
Claims20
A method for conducting a theoretical on-line auction to determine an approximate value for an item, the method comprising:
- receiving information related an auction item;
- listing the item for the theoretical on-line auction;
- and
- receiving bids for the item, wherein at the end of the theoretical on-line auction, a winning bidder is given a first option to purchase the item immediately at the winning bid of the theoretical auction provided the auction item is later listing for an actual auction.
1 more element
A method of providing a trial on-line auction to determine a potential value for an item, the method comprising:
- listing the item up for a trial auction;
- and
- receiving bids for the item, wherein bids are restricted to bidders having positive feedback.
A method comprising:
- receiving information on-line related to an item to be put up for a trial on-line auction;
- listing the item for the trial on-line auction;
- receiving bids from one or more bidders;
- and
- determining a winner of the trial auction, wherein the winner does not take possession of the item based on winning the trial auction.
2 more elements
Dependencies are inferred from the claim text.