On-line system for buyer seller matching and negotiation

Details On-line system for buyer seller matching and negotiation On-line system for buyer seller matching and negotiation

2011-06-14

2011-06-14

Subramanian, Narayanswamy (Department: 3695)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S014400, C705S014530, C705S035000, C705S026400

Reexamination Certificate

active

07962402

ABSTRACT:
An on-line system for creating an open market for matching buyers and sellers of brand name products. The system enables buyers to achieve the maximum value in the purchased product by engaging in an open ended on-line reverse auction and a negotiation process with multiple sellers of the specified product. The system enables sellers to generate sales leads and engage in the open ended on-line reverse auction bidding and the negotiation process with buyers.

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