Consumer driven price marketplace

An online marketplace server comprising:

• a communication interface coupled to a communication network, the communication interface configured to receive:
• a plurality of buy-offers each from a respective one of a plurality of buyers, wherein each of the plurality of buy-offers is submitted to purchase a product in the online marketplace and include a buy-price for the product, and
• a plurality of sell-offers each from a respective one of a plurality of sellers to sell the product based on terms of each of the sell-offers of the plurality of sell-offers, the terms of each sell-offer comprising:
• a sale-price at which to sell the product, and
• a quantity of the product available to sell at the sale-price;
• a processor programmed to determine successful-offers between the plurality of buyers and the seller, the successful-offers comprising:
• a first set of buy offers of the plurality of buy-offers, wherein the buy-offers of the first set each have a buy-price equal to or greater than a sale-price of a first sell-offer of the plurality of sell-offers to sell the product, wherein a quantity of the product available in the first sell-offer is sufficient to satisfy the buy-offers of the first set, and wherein each unsatisfied buy-offer of the first set of buy-offers having a lowest buy-price is satisfied first.

An application service provider system producing an online marketplace, the system comprising:

• a server, the server further comprising:
• a communication interface coupled to a communication network, the communication interface configured to receive:
• a plurality of buy-offers each from a respective one of a plurality of buyers, wherein each of the plurality of buy-offers is submitted to purchase a product in the online marketplace and include a buy-price for the product, and
• a plurality of sell-offers each from a respective one of a plurality of sellers to sell the product based on terms of each sell-offer of the plurality of sell-offers, the terms of each sell-offer comprising:
• a sale-price at which to sell the product, and
• a quantity of the product available to sell at the sale-price;
• a processor, at the server, programmed to determine successful-offers between the plurality of buyers and the seller, the successful-offers comprising:
• a first set of buy offers of the plurality of buy-offers, wherein the buy-offers of the first set each have a buy-price equal to or greater than a sale-price of a first sell-offer of the plurality of sell-offers to sell the product, wherein a quantity of the product available in the first sell-offer is sufficient to satisfy the buy-offers of the first set, and wherein each unsatisfied buy-offer of the first set of buy-offers having a lowest buy-price is satisfied first;
• and
• a client, the client configured to send for delivery to the server at least one of:
• a buy-offer of the plurality of buy offers, or
• the first sell-offer.

A system for producing an online marketplace, the system comprising:

• a means for receiving, at an online marketplace including a plurality of buyers, a plurality of sellers, and a first product, a plurality of buy-offers each from a respective one of the plurality of buyers, wherein each of the plurality of buy-offers is submitted for purchasing the first product and includes a buy-price for the first product, and wherein the first product is available on a marketplace catalogue;
• a means for receiving, at the online marketplace, a plurality of sell-offers each from a respective one of the plurality of sellers to sell the first product, wherein each sell-offer of the plurality of sell-offers has:
• a sale-price at which to sell the first product, and
• a quantity of the first product available to sell at the sale-price;
• and
• a means for determining, at a processor of the online marketplace, a plurality of successful-offers including:
• a first set of buy-offers of the plurality of buy-offers, wherein the buy-offers of the first set each have a buy-price equal to or greater than a sale-price of a first sell-offer of the plurality of sell-offers to sell the first product, wherein a quantity of the first product available in the first sell-offer is sufficient to satisfy the buy-offers of the first set, and wherein each unsatisfied buy-offer of the first set of buy-offers having a lowest buy-price is satisfied first.