Web-based technique for dynamic competitive pricing

A computer program product for transacting a sale, the computer program product comprising a computer readable storage medium having computer readable program code embodied therewith, said computer readable program code being executable by a processor to:

• establish processing communication between a network manager and a plurality of vendor participants through a vendor's webpage;
• receive, via said network manager, information about a consumer's contemplated purchase through a consumer's digital device;
• said information including conditions related to said contemplated purchase;
• communicate said information and conditions about said contemplated purchase of said consumer, via said network manager to said plurality of vendor participants through said vendors' webpages;
• process via said network manager any more advantageous offers provided by any of said plurality of vendors through said vendors' webpages in response to said consumer's contemplated purchase;
• provide a most advantageous offer through a network manager webpage;
• said network manager selecting a most advantageous offer by comparing all more advantageous offers provided within a specific time;
• establish a time threshold acceptance time having an expiration period;
• said time threshold expiration time starting at a time when said most advantageous offer is communicated to said consumer;
• and
• remove said most advantageous offer automatically from said network manager's webpage upon said consumer accepting said most advantageous offer or upon reaching of said time threshold acceptance time expiration period.

A system comprising:

• a network manager having memory module for identifying a plurality of vendor participants and establishing processing communication with them via a plurality of vendor participants webpages;
• said network manager having a processor configured for receiving information about a consumer's contemplated purchase via said consumer's mobile device;
• said information including conditions related to said contemplated purchase;
• said network manager communicating said information and conditions about said contemplated purchase of said consumer to said plurality of vendor participants through said vendors' webpages;
• said network manager processing any more advantageous offers provided by any of said plurality of vendors through said vendors' webpage in response to said consumer's contemplated purchase and providing a most advantageous offer through a network manager webpage to said consumer;
• a time acceptance time counter with an expiration threshold;
• said counter starting its count upon said most advantageous offer;
• said network manager being responsive to said expiration threshold such that once such threshold has been exceeded said network manager removes said most advantageous offer from its webpage.