WO2005001597A3 - Online bidding system - Google Patents

Online bidding system Download PDF

Info

Publication number
WO2005001597A3
WO2005001597A3 PCT/US2004/014444 US2004014444W WO2005001597A3 WO 2005001597 A3 WO2005001597 A3 WO 2005001597A3 US 2004014444 W US2004014444 W US 2004014444W WO 2005001597 A3 WO2005001597 A3 WO 2005001597A3
Authority
WO
WIPO (PCT)
Prior art keywords
auction
bidders
bids
preliminary
countdown
Prior art date
Application number
PCT/US2004/014444
Other languages
French (fr)
Other versions
WO2005001597A2 (en
Inventor
David L Bauer
Aaron J Adair
Original Assignee
Copart Inc
David L Bauer
Aaron J Adair
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Copart Inc, David L Bauer, Aaron J Adair filed Critical Copart Inc
Priority to AU2004251307A priority Critical patent/AU2004251307B9/en
Priority to CA002528991A priority patent/CA2528991A1/en
Priority to EP04751710A priority patent/EP1642189A4/en
Priority to JP2006517110A priority patent/JP2006527887A/en
Publication of WO2005001597A2 publication Critical patent/WO2005001597A2/en
Publication of WO2005001597A3 publication Critical patent/WO2005001597A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/08—Auctions

Abstract

An online auction system comprising a preliminary bidding portion and a virtual auction portion is disclosed herein. The preliminary bidding portion allows bidders to access auction items and input bids during a preestablished extended period of time. After the preliminary bidding portion concludes, the virtual auction portion provides bidders the opportunity to input bids on each item consecutively and individually from the preliminary auction portion in a manner similar to a conventional live auction. During the virtual auction portion, bidders are provided with a countdown to encourage further bidding before the previous bid becomes final. After each new bid is inputted, the countdown is reinitiated. The countdown is reinitiated until no new bids are input. An alert system notifies bidders that a particular item of interest is about to be offered for bid as part of the virtual auction portion. The system also provides bidders means for inputting proxy bids.
PCT/US2004/014444 2003-06-18 2004-05-05 Online bidding system WO2005001597A2 (en)

Priority Applications (4)

Application Number Priority Date Filing Date Title
AU2004251307A AU2004251307B9 (en) 2003-06-18 2004-05-05 Online bidding system
CA002528991A CA2528991A1 (en) 2003-06-18 2004-05-05 Online bidding system
EP04751710A EP1642189A4 (en) 2003-06-18 2004-05-05 Online bidding system
JP2006517110A JP2006527887A (en) 2003-06-18 2004-05-05 Online bidding system

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US47971603P 2003-06-18 2003-06-18
US60/479,716 2003-06-18

Publications (2)

Publication Number Publication Date
WO2005001597A2 WO2005001597A2 (en) 2005-01-06
WO2005001597A3 true WO2005001597A3 (en) 2005-06-30

Family

ID=33551898

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/014444 WO2005001597A2 (en) 2003-06-18 2004-05-05 Online bidding system

Country Status (6)

Country Link
EP (1) EP1642189A4 (en)
JP (1) JP2006527887A (en)
CN (1) CN1836248A (en)
AU (1) AU2004251307B9 (en)
CA (1) CA2528991A1 (en)
WO (1) WO2005001597A2 (en)

Families Citing this family (12)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
AU2001285592B2 (en) 2000-09-04 2003-06-05 Ozb2B Pty Ltd Materials supply contract system and method
US7461024B2 (en) 2000-09-27 2008-12-02 Montgomery Rob R Bidder-side auction dynamic pricing agent, system, method and computer program product
WO2005073882A1 (en) * 2004-01-29 2005-08-11 Ozb2B Pty Ltd Default final offers in online auctions
EP1955271A4 (en) * 2005-10-17 2011-04-13 Cfph Llc Products and processes for managing life instruments
JP2007316816A (en) * 2006-05-24 2007-12-06 Dale Sean Method of business which auctions canvas photo and its oil and watercolor paintings
TW200834452A (en) * 2007-02-15 2008-08-16 Shacom Com Inc Method and system for creating online capital pool fund bidding platform
JP5027044B2 (en) * 2008-04-09 2012-09-19 ヤフー株式会社 Auction Web page conversion server device and auction Web page conversion method
AU2009100313B4 (en) * 2009-03-12 2009-07-16 Sydney Family Superannuation Fund Pty Ltd Real-Time Auction
WO2013070958A2 (en) * 2011-11-08 2013-05-16 Gridspeak Corporation Systems and methods for virtual/ convergence bid management
CN105488719A (en) * 2015-11-25 2016-04-13 四川诚品电子商务有限公司 Video online auction platform based on cloud security
KR20180089198A (en) * 2017-01-31 2018-08-08 조준범 Method for bidding goods auction
AU2019335507A1 (en) * 2018-09-06 2021-04-08 Naif AL HUMIDAN Bidding method and system

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6058379A (en) * 1997-07-11 2000-05-02 Auction Source, L.L.C. Real-time network exchange with seller specified exchange parameters and interactive seller participation
US20010037281A1 (en) * 2000-04-13 2001-11-01 Jason French Request for quote (RFQ) system and method

Family Cites Families (12)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
JP2001216462A (en) * 2000-02-04 2001-08-10 Seiji Karube Auction system for secondhand construction machine
JP4313933B2 (en) * 2000-07-11 2009-08-12 日本電気株式会社 Auction information providing system and auction information providing method
JP2002049769A (en) * 2000-08-01 2002-02-15 Tsubasa System Co Ltd On-line transaction system
JP5220967B2 (en) * 2000-09-07 2013-06-26 株式会社日本総合研究所 Auction system and auction method
JP2002163488A (en) * 2000-11-24 2002-06-07 Teruya:Kk Serial auction system
US20020138393A1 (en) * 2001-01-22 2002-09-26 Tatge Jason G. Computerized system and method for conducting an online virtual auction
US20020103740A1 (en) * 2001-01-30 2002-08-01 Register.Com, Inc. System and method facilitating multilateral and bilateral negotiations
JP2002259751A (en) * 2001-03-05 2002-09-13 Nippon Telegr & Teleph Corp <Ntt> Method for electronic auction and device therefor
US20030028444A1 (en) * 2001-07-31 2003-02-06 Kubicek Phillip Steven Method and system for conducting online auctions of copper concentrates
US20030050861A1 (en) * 2001-09-10 2003-03-13 G.E. Information Services, Inc. System and method for running a dynamic auction
US7987134B1 (en) * 2001-09-26 2011-07-26 Oracle International Corporation Hybrid auctions and methods and systems for conducting same over a computer network
JP2003122958A (en) * 2001-10-16 2003-04-25 Sahashi Keiko Auction system

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6058379A (en) * 1997-07-11 2000-05-02 Auction Source, L.L.C. Real-time network exchange with seller specified exchange parameters and interactive seller participation
US20010037281A1 (en) * 2000-04-13 2001-11-01 Jason French Request for quote (RFQ) system and method

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
See also references of EP1642189A4 *

Also Published As

Publication number Publication date
JP2006527887A (en) 2006-12-07
EP1642189A4 (en) 2006-12-13
CA2528991A1 (en) 2005-01-06
AU2004251307B9 (en) 2008-10-02
CN1836248A (en) 2006-09-20
AU2004251307B2 (en) 2008-07-31
AU2004251307A1 (en) 2005-01-06
WO2005001597A2 (en) 2005-01-06
EP1642189A2 (en) 2006-04-05

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