U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

US Patent Application 20050125333 - Pre-order wholesale system and method

Application 20050125333 Filed on November 20, 2004. Published on June 9, 2005

Inventor

US Class

705/37Trading, matching, or bidding

Attorney, Agent or Firm

International Class

07 G06F017/60


Abstract text


The present invention provides a method and system that generates buying trends toward more popular products in an auction forum. It enables buyers to pool their buying power by allowing them to place a non-binding bid on an item, monitor their bid and the bids of all other consumers on the network, and instantly change their bid to a more popular item in order to create instant trends toward more popular items, creating higher order quantities that correspond to lower prices.

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