Abstract:
A method for graphically presenting auction information. Characteristics of an auction for an item are received, wherein the characteristics comprise a target price for the item and a close time of the auction. The auction is then published to at least one bidder. At least one bid is received at a bid time, wherein the bid comprises a price for the item. A graphical presentation of status of the auction is generated, presenting auction information. The graphical presentation comprises a first axis and a second axis, wherein the bid is plotted as a point within the graphical presentation where the first axis corresponds to the bid time and the second axis corresponds to the price. New bids received are automatically plotted in real-time.
Abstract:
A method for automatic auction extension and user controlled standardized bid increment/decrement. The method is implemented in an electronic commerce exchange. The auction method implements automatic extension of an auction in response to bidding activity from auction participants. The method includes the step of setting an end time for concluding the auction. Bids are received from remote bidders via a distributed computer network. The received bids are analyzed to determine whether a predetermined number of bids are received within a predetermined time of the auction end time. If a greater number of bids are received within the predetermined time, the duration of the auction is automatically extended and a new auction end time is set. The auction participants are notified of the new auction end time. Standardized bid increments can be set defining a minimum amount at which a subsequent bid differs from a previous bid. Similarly, standardized bid decrements can be set defining a minimum amount at which a subsequent bid subsequent bid differs from a previous bid. A total number of possible extensions can be set defining a number of times the auction can be extended due to bidding activity. The settings can be changed dynamically during the auction by the auction operator/user.
Abstract:
An auction method for implementing automatic bid status refresh and item attribute updates in an electronic exchange. The method includes the step of receiving update configuration information from remote bidders via a distributed computer network. The update configuration information includes a time interval for receiving bid status updates. An auction is conducted wherein bid information received from the remote bidders is compared to determine a bid status and wherein the bid status is used to determine the bid status updates for the remote bidders. The bid status includes information regarding the most competitive, or winning, bid and any associated terms. The bid status updates are disseminated to the remote bidders via the distributed computer network in accordance with the update configuration information. At the conclusion of the auction, an auction winner is designated in accordance with the latest most competitive bid of the bid status. The time interval of the update configuration information is user selected and can be adjusted dynamically during the auction. Remote bidders receive bid status updates in accordance with their specified time interval. Changes to the items and/or item attributes of the auction are also disseminated to the remote bidders via the distributed computer network in accordance with the time interval of the update configuration information.
Abstract:
A method of and device for enabling the requisitioning of items over a network. The network is coupled to a server, thereby allowing communication between the server and a generating-user, a requisitioning-user and an initiating-user. The server generates a requisition template in response to input received from the generating-user. The server sends an initial e-mail message to the requisitioning-user's e-mail address in response to direction received from the initiating-user. The initial e-mail message includes the requisition template. The initial e-mail message is configured to result in the creation of a reply e-mail message in response to the requisitioning-user selecting to reply to the initial e-mail message from the e-mail application that is accessing the initial e-mail message, the reply e-mail message including the requisition template.
Abstract:
An auction method for specifying catalog contents for packaging and pushing to an electronic auction. The auction method is implemented in an electronic commerce exchange. The auction method includes the steps of specifying catalog contents for packaging for an auction operation hosted on the electronic exchange. Initial terms for the sale of the contents are then specified. The auction is then automatically initiated using the previously specified contents and the previously specified terms. The auction proceeds with the receiving of bids for the contents from remote bidders. The bids are received via a distributed computing network into which the electronic commerce exchange is communicatively coupled. A winning bid is selected by determining a most competitive bid out of the bids received for the contents. A sale of the contents is then completed based upon the terms of the most competitive bid.
Abstract:
An auction method for implementing attribute-based bidding and bid comparison in an electronic exchange. A specification defining an auction for an item is received, wherein the specification comprises a plurality of attributes of the item. An attribute defines the functionality of an aspect of the item with respect to the current auction. At least one attribute comprises a value and a score associated with the value and a portion of the plurality of attributes comprise a relative weight. The auction is then published to at least one bidder. A bid is received from a bidder, wherein the bid comprises a value associated with at least one attribute. A composite score for the bid is calculated based on the bid and the specification. A plurality of bids are then ranked based on the composite score for each bid. An evaluation score is calculated for each bid based on the bid price and composite score. A plurality of bids are then ranked based on the evaluation score for each bid.
Abstract:
A method of and device for enabling the requisitioning of items over a network. The network is coupled to a server, thereby allowing communication between the server and a generating-user, a requisitioning-user and an initiating-user. The server generates a requisition template in response to input received from the generating-user. The server sends an initial e-mail message to the requisitioning-user's e-mail address in response to direction received from the initiating-user. The initial e-mail message includes the requisition template. The initial e-mail message is configured to result in the creation of a reply e-mail message in response to the requisitioning-user selecting to reply to the initial e-mail message from the e-mail application that is accessing the initial e-mail message, the reply e-mail message including the requisition template.
Abstract:
An auction method for specifying catalog contents for packaging and pushing to an electronic auction. The auction method is implemented in an electronic commerce exchange. The auction method includes the steps of specifying catalog contents for packaging for an auction operation hosted on the electronic exchange. Initial terms for the sale of the contents are then specified. The auction is then automatically initiated using the previously specified contents and the previously specified terms. The auction proceeds with the receiving of bids for the contents from remote bidders. The bids are received via a distributed computing network into which the electronic commerce exchange is communicatively coupled. A winning bid is selected by determining a most competitive bid out of the bids received for the contents. A sale of the contents is then completed based upon the terms of the most competitive bid.
Abstract:
An auction method for implementing automatic bid status refresh and item attribute updates in an electronic exchange. The method includes the step of receiving update configuration information from remote bidders via a distributed computer network. The update configuration information includes a time interval for receiving bid status updates. An auction is conducted wherein bid information received from the remote bidders is compared to determine a bid status and wherein the bid status is used to determine the bid status updates for the remote bidders. The bid status includes information regarding the most competitive, or winning, bid and any associated terms. The bid status updates are disseminated to the remote bidders via the distributed computer network in accordance with the update configuration information. At the conclusion of the auction, an auction winner is designated in accordance with the latest most competitive bid of the bid status. The time interval of the update configuration information is user selected and can be adjusted dynamically during the auction. Remote bidders receive bid status updates in accordance with their specified time interval. Changes to the items and/or item attributes of the auction are also disseminated to the remote bidders via the distributed computer network in accordance with the time interval of the update configuration information.
Abstract:
A method for utilizing a policy system in the requisitioning of goods or services over a network, the network connected to a server, thereby allowing communication between the server and a plurality of users, each user having a login ID and belonging to one of a plurality of classes, the method comprising: the server storing each user's login ID, each user's class information, and a plurality of policies, wherein the class information comprises the identification of each class to which the user belongs, and each policy is associated with a class; a user logging into the server using the user's login ID; the user providing search input to the server; the server processing the search input; the server determining the appropriate policies, wherein the appropriate policies are policies that are determined to be associated with the user's class information; and the server providing the appropriate policies to the user.