Buyer-driven purchasing loyalty system and method using an...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S03600T, C705S035000

Reexamination Certificate

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07464053

ABSTRACT:
Disclosed is a method and system for effectuating a buyer-driven and buyer-executed commerce system. The system allows prospective buyers and sellers of goods and services to anonymously exchange conditional Requests For Bids and Conditional Sales Offers based on the buyer's guaranteed ‘purchasing loyalty’ for a self-defined minimum quantity of goods or services, and/or quality of goods or services and/or the length of time or price to which the buyer would agree to be bound or any combination of those conditions. That buyer guarantee permits a seller to easily pre-determine their offers based on the calculated value of ‘capturing’ that buyer's ‘guaranteed purchasing loyalty’.

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