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US 2014/0279134 A1Published application
Method and system for extending participation in an online auction to a winning bidder
OwnerAnthony L. Fontaine, Michael Stawinventors
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OwnerAnthony L. Fontaine, Michael Stawinventors
Estimating the term…
The invention is a secondary exchange system attached to an online auction system which provides winners with the ability to extend their play. The online auction system facilitates the sale of goods and services through an auction which offers bidders the potential for purchasing goods and services at huge discounts from retail pricing. The invention enables winning bidders to optionally exchange their purchase for alternative items or credits towards future auctions. This provides the participant a validation for the purchase of the initial item, the option of exchanging for an item of greater perceived personal value, or the means to extend their play and enjoy the excitement of the experience without additional cost.
A method of offering an alternative purchase option to a successful bidder in an auction, comprising the steps of:
A computer readable storage medium storing instructions executable by one or more processors, the instructions when executed causing the one or more processors to transmit to a winning bidder a plurality of option items for exchange, each option item having a predetermined value, provide for display of an item available for exchange and a retail price for the item, and provide for display of a selectable exchange item using an interface to exchange an item corresponding to a winning bid with an exchange item.
A system for offering an alternative item to a successful bidder in an auction, comprising;
A system for increasing the enjoyment of a successful bidder in an on-line auction, comprising:
Dependencies are inferred from the claim text.