Online Marketplace System

A method for coordinating requirements of at least one customer related to at least one service of interest to a plurality of vendors via an online market system, the method comprising the steps of:

• a) creating a customer profile in the online market system by the at least one customer;
• b) creating a vendor profile in the online market system by each of the plurality of vendors;
• c) entering the requirements related to the at least one service of interest by the at least one customer;
• d) setting a pre-defined time frame by the at least one customer to receive an offer from at least one of the plurality of vendors;
• e) validating the requirements and the pre-defined time frame by the system;
• f) filtering the requirements provided by the customer and identifying a plurality of pre-qualified vendors by the system;
• g) communicating the requirements to the plurality of pre-qualified vendors on a vendor dashboard and/or via a communication means;
• h) accepting an offer range and one or more complementary added values by the plurality of pre-qualified vendors;
• i) validating the offer ranges from the plurality of pre-qualified vendors by the system;
• j) converting the offer ranges into one descending range of individual offers by means of an algorithm and publishing said individual offers to the at least one customer, said individual offers being published with a time delay based on the pre-defined time frame selected by the at least one customer;
• k) selecting an offer from the descending range of individual offers and purchasing the service of interest by the customer by entering transaction information;
• l) paying a transaction fee to the system by the customer;
• m) encrypting customer information and transaction information and forwarding said customer information and transaction information to the vendor;
• n) decrypting the customer information and the transaction information by the vendor;
• o) charging the at least one customer and providing the at least one service of interest to the at least one customer by the vendor;
• and
• p) storing transaction information in a database of the system.

A method for providing at least one service of interest to at least one customer by a plurality of vendors via an online market system, the method comprising the steps of:

• a) creating a customer profile in the online market system by the at least one customer;
• b) creating a vendor profile in the online market system by each of the plurality of vendors;
• c) registering the at least one service of interest in the system by entering relevant information by each of the plurality of vendors;
• d) entering the requirements related to the at least one service of interest by the at least one customer;
• e) setting a pre-defined time frame by the at least one customer to receive an offer from at least one of the plurality of vendors;
• f) validating the requirements and the pre-defined time frame by the system;
• g) filtering the requirements provided by the customer and identifying a plurality of pre-qualified vendors by the system;
• h) communicating the requirements to the plurality of pre-qualified vendors on a vendor dashboard;
• i) viewing the requirements on the vendor dashboard by the plurality of pre-qualified vendors;
• j) providing a plurality of offer ranges and a complementary added value to the customer by at least one of the plurality of pre-qualified vendors;
• k) validating each of said plurality of offer ranges from at least one of the plurality of pre-qualified vendors by the system;
• l) visually alerting at least one of the plurality of pre-qualified vendors if a lower offer range from at least one of the plurality of pre-qualified vendors is validated by the system and if at least one of the plurality of vendors is still making offers to the at least one customer;
• m) allowing at least one of the plurality of pre-qualified vendors to re-evaluate the offer range and re-engage the at least one customer with a lower offer range;
• n) repeating step m at least one time;
• o) converting the plurality of offer ranges into one descending range of individual offers by means of an algorithm and publishing said individual offers to the at least one customer, said individual offers being published with a time delay based on the pre-defined time frame selected by the at least one customer;
• p) selecting an offer from the descending range of individual offers and purchasing the at least one service of interest by the customer by entering transaction information;
• q) paying a transaction fee to the system by the at least one customer;
• r) encrypting customer information and transaction information and forwarding said customer information and transaction information to the vendor;
• s) decrypting the customer information and the transaction information by the vendor;
• t) charging the at least one customer and providing the at least one service of interest to the at least one customer by the vendor;
• and
• u) storing transaction information in a database of the system.