CA2350119A1 - System for automatically matching buyers and sellers via network and the method of the same - Google Patents
System for automatically matching buyers and sellers via network and the method of the same Download PDFInfo
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- CA2350119A1 CA2350119A1 CA 2350119 CA2350119A CA2350119A1 CA 2350119 A1 CA2350119 A1 CA 2350119A1 CA 2350119 CA2350119 CA 2350119 CA 2350119 A CA2350119 A CA 2350119A CA 2350119 A1 CA2350119 A1 CA 2350119A1
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- 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
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
Abstract
The automatically matching buyer and seller system comprises a processing unit to match buyer and sell orders transmitted via a network. A storage device is coupled to the processing unit to store a potential client database and item database, wherein the potential client database includes buyer satisfaction data provided by a buying party, wherein the item database includes seller satisfaction including quotation and item under sold provided by a selling party. A monitor is coupled to the processing unit and the storage device to monitor the satisfaction of the selling party and the buying party. A transaction generator is coupled to the processing unit and the storage device to generate a transaction if the buyer and seller satisfactions are match. A
forwarding module is responsive to the satisfactions matching to forward to the buying party.
forwarding module is responsive to the satisfactions matching to forward to the buying party.
Description
SYSTEM FOR AUTOMATICALLY MATCHING BUYERS AND
SELLERS VIA NETWORK AND THE METHOD OF THE SAME
Field of the Invention The present invention relates to a system for automatically identifying and matching buyers and sellers Via a communication network, and more specifically, to a system for monitoring a desired item for a client.
Background of the Invention Modern network systems must allow computers to electronically communicate with each other in order to ensure shared transmission and manipulation of information.
Conventional commerce involves a salesman using a telephone and a facsimile machine to negotiate a sale with a customer. In this method, two parties negotiate transaction items such as the quantity of goods for purchase, specifications of the merchandise, and payment terms. In addition to spending a significant amount of time, the conventional method of commerce is slow, time-intensive and expensive to initiate and maintain.
Rapid development of the Internet has enabled computer systems to provide an efficient, widely accessible, and secure mechanism for conducting electronic commerce. By connecting most computer systems worldwide, the network allows users to interact using various services such as electronic mail and the World Wide Web (WWW). E-mail allows individuals to communicate with each other by linking a computer system with the Internet. Designed as an easy visual interface for users, the WWW allows a server computer, called a web site, to send graphical web pages of information (web pages) to a client computer and display the web pages. These Web pages may contain control regions, such as simulated push buttons, that allow the user to acquire and display additional related web pages of information in a hypertext fashion. Each client and server have an Internet address called a Uniform Resource Locator ("URL"). The WWW
uses the HTTP protocol. Currently, a HyperText Markup Language ("HTML") file defines a web page. A browser refers to the software on a client computer that manages the Internet connections and interprets as well as executes the commands in HTML documents. In general, web servers are stateless (without geographic boundaries) with respect to client transactions.
Some systems have been invented in the past to provide the function of matching the sellers and the buyers. One of the prior arts may be seen in the U.S. Patent NO. 6,09$,051 to Lupien, et al., filed on October 21, 1997, entitled "Crossing network utilizing satisfaction density profile". The system matches buy and sell orders based upon a satisfaction and quantity profile. The crossing network includes a number of trader terminals that can be used for entering order. The orders are entered in the form of a satisfaction density profile that represents a degree of satisfaction to trade a particular instrument at various (price, quantity) combinations.
That system allows traders to input as orders a satisfaction density profile and maximum size limit. The system also includes the satisfaction density profile that is a two-dimensional grid or matrix. One dimension is price and the second dimension is size of transaction. Each element of the satisfaction density profile, called a satisfaction density value, indicates the trader's degree of satisfaction to trade that size order at that price.
While interested in merchandise when browsing a retailer's web site, a user may not necessarily order any items owing to the price or other issues. Until now, the electrical visual shop does not automatically inform the user when the user's requirements or conditions are satisfied. Instead, the user must browse the web site again to obtain the updated information. Such a means of product promotion is unresponsive to the consumer demand. On the other hand, it is inefficient for the user to obtain updated information from the merchant. Furthermore, while the merchant can only accumulate client-related information from the electronic shopping cart, exactly understanding the shopping trends and customer demands is extremely difficult.
Base on the previous discussion, the object of the present invention is to provide a system for matching the seller and the buyers.
An object of the present invention is to provide a system for a client to input one's expected condition for a certain product, the system will forward to the client when the product meets the expected condition input by the client.
The automatically matching buyer and seller system comprises a processing unit to match buyer and sell orders transmitted via a network. A storage device is coupled to the processing unit to store a potential client database and item database, wherein the potential client database includes buyer satisfaction data provided by a buying party, wherein the item database includes seller satisfaction including quotation and item under sold provided by a selling party. A monitor is coupled to the processing unit and the storage device to monitor the satisfaction of the selling party and the buying party. A transaction generator is coupled to the processing unit and the storage device to generate a transaction if the buyer and seller satisfactions are match. A
forwarding module is responsive to the satisfactions matching to forward to the buying party.
A method for automatically matching buyer and seller -S-comprises inputting a buyer satisfaction including an expected item wish to be purchased, an expected price and quantity by a buyer, and inputting a seller satisfaction. Next step is to record the buyer satisfaction by an automatically matching buyer and seller system when ready for matching, and records the seller satisfaction when ready for matching. Then, a monitoring step is performed to monitor the buyer and seller satisfactions, calculating for each possible buy/sell combination and determining whether the seller and buyer satisfactions are match or not.
Next step is to generate a mutual satisfaction when the seller and buyer satisfactions are match. The buyer is forwarded by a forwarding system to acknowledge the mutual satisfaction. A
transaction is generated by a transaction generator when the mutual satisfaction is confirmed by the buyer.
FIGURE 1 is a diagram of the matching system according to the present invention.
FIGURE 2 is a structure of the information bank according to the present invention.
FIGURE 3 is a flow chart diagram of a method for forwarding an electronic greeting card according to the present invention.
FIGURE 4 is an example of a user interface according to the present invention.
The present invention discloses a system that automatically informs the user when a retailer's selling condition matches the client's expected buying condition, thereby matching the buyer and the seller (purchaser and the retailer) via a communication network and matching method based thereon. By serving as a central control system to send information to client, the system matches the buying party and the seller party. The present invention can be implemented using a computer with a display screen and a positional input device.
With reference to the FIG. l, there is illustrated a block diagram of the architecture of the matching system 100 according to the present invention. A processing and management system (PMS)110 matches buy and sell orders transmitted to the system from the trader terminals 200 of the buying party. A storage device such as memory 120 is coupled to the PMS 2. A database 140 is coupled the PMS 110 via a recording means or module 130, the database is used for storing buy and sell satisfaction data, information or requirement. The buy satisfaction data input by the buying party can be stored in potential client database 140a and sell satisfaction database 140b including quotation and item under sold stored therein. The buyer desiring to transact has to access a terminal 200 including processing unit 210 such as CPU. The terminal 200 of the buyer may be a computer, PDA, WAP mobile phone or the like. The terminal 200 is coupled to the PMS 110 over the Internet 300 via the communication module 220, 150. Each buyer terminal includes one or more input/output modules 240, 250 that allow for the entry of satisfaction profiles and the display of output. As known in the art, the buyer terminal also includes a storage device such as memory 230 coupled to the processing unit 210.
Turning now to FIG. 2, there is illustrated an example item stored in the database 140. The interface of the web page is illustrated in FIGURE 4 as an example, it has to be noted that the configuration of the interface is used for sample, not for limiting the present invention. The database 140 includes a potential client serial number (or the satisfaction serial number) 400, a communication method 402, it refers to the method to contact to the buyer. The potential buyer may input the communication method such as by E-mail or by short message of the mobile phone in the interface as shown in FIGURE 4. The buyer information also contains the communication code 404 which may be input via the interface of the FIGURE 4. The potential client may enter the E-mail address or the phone number. An expected item serial number 406 is also contained in the buyer satisfaction database.
-g-Still referring to FIGURE 2 and FIGURE 4, the trader can enter the satisfaction or desire price to purchase the expected item.
The buyer satisfaction includes the item of the expected price 408 to trade the expected item and the quantity of the item. Number 410 indicates the variation type of the expected price, which allows the buyer to select the type of the order. For example, one may pull the pull-down menu of the interface to select the price is higher than the expected price, lower than the expected price or the like. A price variation range 412 in the database 140 allows the buyer to enter the variation range of the price for the expected item. The value of the expected price 408, price variation range 412 and the variation type 410 indicate the trader's willingness to trade that order at that price. The buyer satisfaction data includes the valid date 414 for the expected price to purchase the expected item. It means that the trader can determines for how long the order will be valid. Examples of valid setting include a set period of time.
In the representative embodiment shown in FIG. 2, the database 140 includes the stock item amount 416 that presents the amount of available merchandise as provided by a variety of merchants. The stock variation type 418 means that the seller may enter the satisfaction for selling the merchandise. For example, the stock variation type 418 includes the modes for the user to select the amount of the stock item that is more or less than the value of the stock item amount 416. A stock variation range 420 in the database 140 allows the seller to enter the variation range of the quantity for the expected item. The sell satisfaction data also includes the valid date for the stock 422, the seller may also enter the stock variation range 412 under sold. The interface also includes and/or 424 decision box. One may select the mode for receiving the message from the matching system 100 when both the price and stock amount fulfills the requirement of the user.
Alternatively, the buyer may expect to be forwarded when one of the prices and stock quantities satisfies the requirement. Date 426 indicates that the date of the system 100 receives the request from the buyer. The database 140 also includes the remark grid 428.
According to FIG. 4, the interface has several buttons to control the cursor. For example, a set price button 408 is used to set the expected price, and a variation type button 412 is used to set the mode that allows the user to define the satisfaction level. A
boundary button 412 allows the user to define the price range.
The trader can set the range and scale of each parameter.
Satisfaction characterizes the trader's range of interest during the transaction at each price, quantity or a combination of both. For example, the trader may be willing to buy1,000 items at a price lower than $66.50, but under no circumstances is willing to buy the same quantity at $67 or any quantity at $60. The interface window as shown in FIGURE 4 is displayed on an Output device 250.
A monitor 160 is coupled to the PMS 110 and the database 140 to monitor the satisfaction of the seller and the buyer. If the seller and the buyer are match, the monitor forwards the PMS 110.
The PMS 110 is responsive to the message to active a forward system 170 to forward the user. A transaction generator 180 is coupled to the PMS 110 and the database 140. The transaction generator 180 allows the trader to set the type of transaction.
FIG. 3 is a flow chart in accordance with the present invention. The buyer may enter satisfaction data including the item wish to be purchased the expected price and quantity at steps 310.
It will be appreciated that any buyer can enter one or more satisfaction information. The system 100 will records the information send from the potential client and stores the buyer satisfaction into the potential client database 140a, step 320. The satisfaction data is transmitted to the PMS 110 and stored in the potential client database 140a, when ready for matching. The product or item satisfaction, when ready for matching, is transmitted to the PMS 110 and stored in the item database 140b.
The satisfaction is entered at each trader terminal, which is electronically transmitted to the system 100 and stored as files in the database 140 of the system 100. In the representative embodiment, the potential client database 140a stores files of buy satisfaction of the buyer, and the item database 140b stores files of sell satisfaction of the seller. After the information of the buyer or seller is input to the system, the PMS 110 actives the monitor 160 to search the matching satisfaction in the database 140 in step 330.
The monitor monitors and calculates for each possible buy/sell combination stored in the potential client database 140a and the item database 140b. In the step 340, the monitor 160 determiners whether the updating information is match or not. A mutual satisfaction represents the potential for that buy/sell pair mutually to satisfy each other at each price and quantify. By way of example, if there are four buy satisfaction files (B 1, B2, B3, B4) and two sell satisfaction files (S1, S2), the monitor 160 has to calculate eight mutual satisfaction files. The mutual satisfaction files may also be stored in the database 140 in the form of files.
At step 3 50, the forwarding system 170 will forward to the buyer 200 via common network to acknowledge the mutual satisfaction information. If the buyer confirms the transaction and then forwards to the system 100, the PMS 110 will active the transaction generator 180 to process the transaction in step 360. In a preferred embodiment, the transaction generator 180 may schedule the shipping method, shipping date and bill to the buyer.
Thus, the present invention includes a storage medium for automatically matching buyer and seller comprises: means for recording a buyer satisfaction and a seller satisfaction when ready for matching. Means for setting price allows to set an expected price and means for setting a variation type to set a mode, which allows a user to define a satisfaction level. It also includes means for setting boundary allows the user to define a price range. Means for monitoring monitors the seller and buyer satisfactions. Means for generating transaction generates a transaction if the buyer and seller satisfactions are match, and means for forwarding to the buyer is responsive to the monitoring means to forward to the buyer.
As is understood by a person skilled in the art, the foregoing preferred embodiments of the present invention are illustrated of the present invention rather than limiting of the present invention. It is intended to cover various modifications and similar arrangements included within the spirit and scope of the appended claims, the scope of which should be accorded the broadest interpretation so as to encompass all such modifications and similar structure. Thus, while the preferred embodiment of the invention has been illustrated and described, it will be appreciated that various changes can be made therein without departing from the spirit and scope of the invention.
SELLERS VIA NETWORK AND THE METHOD OF THE SAME
Field of the Invention The present invention relates to a system for automatically identifying and matching buyers and sellers Via a communication network, and more specifically, to a system for monitoring a desired item for a client.
Background of the Invention Modern network systems must allow computers to electronically communicate with each other in order to ensure shared transmission and manipulation of information.
Conventional commerce involves a salesman using a telephone and a facsimile machine to negotiate a sale with a customer. In this method, two parties negotiate transaction items such as the quantity of goods for purchase, specifications of the merchandise, and payment terms. In addition to spending a significant amount of time, the conventional method of commerce is slow, time-intensive and expensive to initiate and maintain.
Rapid development of the Internet has enabled computer systems to provide an efficient, widely accessible, and secure mechanism for conducting electronic commerce. By connecting most computer systems worldwide, the network allows users to interact using various services such as electronic mail and the World Wide Web (WWW). E-mail allows individuals to communicate with each other by linking a computer system with the Internet. Designed as an easy visual interface for users, the WWW allows a server computer, called a web site, to send graphical web pages of information (web pages) to a client computer and display the web pages. These Web pages may contain control regions, such as simulated push buttons, that allow the user to acquire and display additional related web pages of information in a hypertext fashion. Each client and server have an Internet address called a Uniform Resource Locator ("URL"). The WWW
uses the HTTP protocol. Currently, a HyperText Markup Language ("HTML") file defines a web page. A browser refers to the software on a client computer that manages the Internet connections and interprets as well as executes the commands in HTML documents. In general, web servers are stateless (without geographic boundaries) with respect to client transactions.
Some systems have been invented in the past to provide the function of matching the sellers and the buyers. One of the prior arts may be seen in the U.S. Patent NO. 6,09$,051 to Lupien, et al., filed on October 21, 1997, entitled "Crossing network utilizing satisfaction density profile". The system matches buy and sell orders based upon a satisfaction and quantity profile. The crossing network includes a number of trader terminals that can be used for entering order. The orders are entered in the form of a satisfaction density profile that represents a degree of satisfaction to trade a particular instrument at various (price, quantity) combinations.
That system allows traders to input as orders a satisfaction density profile and maximum size limit. The system also includes the satisfaction density profile that is a two-dimensional grid or matrix. One dimension is price and the second dimension is size of transaction. Each element of the satisfaction density profile, called a satisfaction density value, indicates the trader's degree of satisfaction to trade that size order at that price.
While interested in merchandise when browsing a retailer's web site, a user may not necessarily order any items owing to the price or other issues. Until now, the electrical visual shop does not automatically inform the user when the user's requirements or conditions are satisfied. Instead, the user must browse the web site again to obtain the updated information. Such a means of product promotion is unresponsive to the consumer demand. On the other hand, it is inefficient for the user to obtain updated information from the merchant. Furthermore, while the merchant can only accumulate client-related information from the electronic shopping cart, exactly understanding the shopping trends and customer demands is extremely difficult.
Base on the previous discussion, the object of the present invention is to provide a system for matching the seller and the buyers.
An object of the present invention is to provide a system for a client to input one's expected condition for a certain product, the system will forward to the client when the product meets the expected condition input by the client.
The automatically matching buyer and seller system comprises a processing unit to match buyer and sell orders transmitted via a network. A storage device is coupled to the processing unit to store a potential client database and item database, wherein the potential client database includes buyer satisfaction data provided by a buying party, wherein the item database includes seller satisfaction including quotation and item under sold provided by a selling party. A monitor is coupled to the processing unit and the storage device to monitor the satisfaction of the selling party and the buying party. A transaction generator is coupled to the processing unit and the storage device to generate a transaction if the buyer and seller satisfactions are match. A
forwarding module is responsive to the satisfactions matching to forward to the buying party.
A method for automatically matching buyer and seller -S-comprises inputting a buyer satisfaction including an expected item wish to be purchased, an expected price and quantity by a buyer, and inputting a seller satisfaction. Next step is to record the buyer satisfaction by an automatically matching buyer and seller system when ready for matching, and records the seller satisfaction when ready for matching. Then, a monitoring step is performed to monitor the buyer and seller satisfactions, calculating for each possible buy/sell combination and determining whether the seller and buyer satisfactions are match or not.
Next step is to generate a mutual satisfaction when the seller and buyer satisfactions are match. The buyer is forwarded by a forwarding system to acknowledge the mutual satisfaction. A
transaction is generated by a transaction generator when the mutual satisfaction is confirmed by the buyer.
FIGURE 1 is a diagram of the matching system according to the present invention.
FIGURE 2 is a structure of the information bank according to the present invention.
FIGURE 3 is a flow chart diagram of a method for forwarding an electronic greeting card according to the present invention.
FIGURE 4 is an example of a user interface according to the present invention.
The present invention discloses a system that automatically informs the user when a retailer's selling condition matches the client's expected buying condition, thereby matching the buyer and the seller (purchaser and the retailer) via a communication network and matching method based thereon. By serving as a central control system to send information to client, the system matches the buying party and the seller party. The present invention can be implemented using a computer with a display screen and a positional input device.
With reference to the FIG. l, there is illustrated a block diagram of the architecture of the matching system 100 according to the present invention. A processing and management system (PMS)110 matches buy and sell orders transmitted to the system from the trader terminals 200 of the buying party. A storage device such as memory 120 is coupled to the PMS 2. A database 140 is coupled the PMS 110 via a recording means or module 130, the database is used for storing buy and sell satisfaction data, information or requirement. The buy satisfaction data input by the buying party can be stored in potential client database 140a and sell satisfaction database 140b including quotation and item under sold stored therein. The buyer desiring to transact has to access a terminal 200 including processing unit 210 such as CPU. The terminal 200 of the buyer may be a computer, PDA, WAP mobile phone or the like. The terminal 200 is coupled to the PMS 110 over the Internet 300 via the communication module 220, 150. Each buyer terminal includes one or more input/output modules 240, 250 that allow for the entry of satisfaction profiles and the display of output. As known in the art, the buyer terminal also includes a storage device such as memory 230 coupled to the processing unit 210.
Turning now to FIG. 2, there is illustrated an example item stored in the database 140. The interface of the web page is illustrated in FIGURE 4 as an example, it has to be noted that the configuration of the interface is used for sample, not for limiting the present invention. The database 140 includes a potential client serial number (or the satisfaction serial number) 400, a communication method 402, it refers to the method to contact to the buyer. The potential buyer may input the communication method such as by E-mail or by short message of the mobile phone in the interface as shown in FIGURE 4. The buyer information also contains the communication code 404 which may be input via the interface of the FIGURE 4. The potential client may enter the E-mail address or the phone number. An expected item serial number 406 is also contained in the buyer satisfaction database.
-g-Still referring to FIGURE 2 and FIGURE 4, the trader can enter the satisfaction or desire price to purchase the expected item.
The buyer satisfaction includes the item of the expected price 408 to trade the expected item and the quantity of the item. Number 410 indicates the variation type of the expected price, which allows the buyer to select the type of the order. For example, one may pull the pull-down menu of the interface to select the price is higher than the expected price, lower than the expected price or the like. A price variation range 412 in the database 140 allows the buyer to enter the variation range of the price for the expected item. The value of the expected price 408, price variation range 412 and the variation type 410 indicate the trader's willingness to trade that order at that price. The buyer satisfaction data includes the valid date 414 for the expected price to purchase the expected item. It means that the trader can determines for how long the order will be valid. Examples of valid setting include a set period of time.
In the representative embodiment shown in FIG. 2, the database 140 includes the stock item amount 416 that presents the amount of available merchandise as provided by a variety of merchants. The stock variation type 418 means that the seller may enter the satisfaction for selling the merchandise. For example, the stock variation type 418 includes the modes for the user to select the amount of the stock item that is more or less than the value of the stock item amount 416. A stock variation range 420 in the database 140 allows the seller to enter the variation range of the quantity for the expected item. The sell satisfaction data also includes the valid date for the stock 422, the seller may also enter the stock variation range 412 under sold. The interface also includes and/or 424 decision box. One may select the mode for receiving the message from the matching system 100 when both the price and stock amount fulfills the requirement of the user.
Alternatively, the buyer may expect to be forwarded when one of the prices and stock quantities satisfies the requirement. Date 426 indicates that the date of the system 100 receives the request from the buyer. The database 140 also includes the remark grid 428.
According to FIG. 4, the interface has several buttons to control the cursor. For example, a set price button 408 is used to set the expected price, and a variation type button 412 is used to set the mode that allows the user to define the satisfaction level. A
boundary button 412 allows the user to define the price range.
The trader can set the range and scale of each parameter.
Satisfaction characterizes the trader's range of interest during the transaction at each price, quantity or a combination of both. For example, the trader may be willing to buy1,000 items at a price lower than $66.50, but under no circumstances is willing to buy the same quantity at $67 or any quantity at $60. The interface window as shown in FIGURE 4 is displayed on an Output device 250.
A monitor 160 is coupled to the PMS 110 and the database 140 to monitor the satisfaction of the seller and the buyer. If the seller and the buyer are match, the monitor forwards the PMS 110.
The PMS 110 is responsive to the message to active a forward system 170 to forward the user. A transaction generator 180 is coupled to the PMS 110 and the database 140. The transaction generator 180 allows the trader to set the type of transaction.
FIG. 3 is a flow chart in accordance with the present invention. The buyer may enter satisfaction data including the item wish to be purchased the expected price and quantity at steps 310.
It will be appreciated that any buyer can enter one or more satisfaction information. The system 100 will records the information send from the potential client and stores the buyer satisfaction into the potential client database 140a, step 320. The satisfaction data is transmitted to the PMS 110 and stored in the potential client database 140a, when ready for matching. The product or item satisfaction, when ready for matching, is transmitted to the PMS 110 and stored in the item database 140b.
The satisfaction is entered at each trader terminal, which is electronically transmitted to the system 100 and stored as files in the database 140 of the system 100. In the representative embodiment, the potential client database 140a stores files of buy satisfaction of the buyer, and the item database 140b stores files of sell satisfaction of the seller. After the information of the buyer or seller is input to the system, the PMS 110 actives the monitor 160 to search the matching satisfaction in the database 140 in step 330.
The monitor monitors and calculates for each possible buy/sell combination stored in the potential client database 140a and the item database 140b. In the step 340, the monitor 160 determiners whether the updating information is match or not. A mutual satisfaction represents the potential for that buy/sell pair mutually to satisfy each other at each price and quantify. By way of example, if there are four buy satisfaction files (B 1, B2, B3, B4) and two sell satisfaction files (S1, S2), the monitor 160 has to calculate eight mutual satisfaction files. The mutual satisfaction files may also be stored in the database 140 in the form of files.
At step 3 50, the forwarding system 170 will forward to the buyer 200 via common network to acknowledge the mutual satisfaction information. If the buyer confirms the transaction and then forwards to the system 100, the PMS 110 will active the transaction generator 180 to process the transaction in step 360. In a preferred embodiment, the transaction generator 180 may schedule the shipping method, shipping date and bill to the buyer.
Thus, the present invention includes a storage medium for automatically matching buyer and seller comprises: means for recording a buyer satisfaction and a seller satisfaction when ready for matching. Means for setting price allows to set an expected price and means for setting a variation type to set a mode, which allows a user to define a satisfaction level. It also includes means for setting boundary allows the user to define a price range. Means for monitoring monitors the seller and buyer satisfactions. Means for generating transaction generates a transaction if the buyer and seller satisfactions are match, and means for forwarding to the buyer is responsive to the monitoring means to forward to the buyer.
As is understood by a person skilled in the art, the foregoing preferred embodiments of the present invention are illustrated of the present invention rather than limiting of the present invention. It is intended to cover various modifications and similar arrangements included within the spirit and scope of the appended claims, the scope of which should be accorded the broadest interpretation so as to encompass all such modifications and similar structure. Thus, while the preferred embodiment of the invention has been illustrated and described, it will be appreciated that various changes can be made therein without departing from the spirit and scope of the invention.
Claims (4)
1. An automatically matching buyer and seller system comprises:
a processing unit to match buyer and sell orders transmitted via a network;
a storage device coupled to said processing unit to store a potential client database and item database, wherein said potential client database includes buyer satisfaction data provided by a buying party, wherein said item database includes seller satisfaction including quotation and item under sold provided by a selling party;
monitor coupled to said processing unit and said storage device to monitor the satisfaction of said selling party and said buying party;
a transaction generator coupled to said processing unit and said storage device to generate a transaction if said buyer and seller satisfactions are match; and a forwarding module responsive to said satisfactions matching to forward to said buying party.
a processing unit to match buyer and sell orders transmitted via a network;
a storage device coupled to said processing unit to store a potential client database and item database, wherein said potential client database includes buyer satisfaction data provided by a buying party, wherein said item database includes seller satisfaction including quotation and item under sold provided by a selling party;
monitor coupled to said processing unit and said storage device to monitor the satisfaction of said selling party and said buying party;
a transaction generator coupled to said processing unit and said storage device to generate a transaction if said buyer and seller satisfactions are match; and a forwarding module responsive to said satisfactions matching to forward to said buying party.
2. The system of claim 1, wherein said buyer satisfaction comprises an expected price to trade an expected item, a quantity of said expected item.
3. The system of claim 1, wherein said buyer satisfaction comprises a variation type of said expected price, which allows said buying party to select the type of the order, wherein said variation type of said expected price at least includes the type of higher than said expected price, lower than said expected price or the like.
4. The system of claim 1, wherein said buyer satisfaction comprises a price variation range which allows said buying party to enter the variation range of said expected price for said expected item.
6. The system of claim 1, wherein said buyer satisfaction comprises a valid date for said expected price to purchase said expected item to determines for how long the order will be valid..
7. The system of claim 1, wherein said buyer satisfaction comprises a communication method and corresponding communication code.
8. The system of claim 1, wherein said seller satisfaction comprises a stock item amount that presents the amount of said item for selling provides by a variety of the merchants.
9. The system of claim 1, wherein said seller satisfaction comprises a stock variation type which allows said selling party enters said seller satisfaction including the more or less than the valve of said stock item amount.
10. The system of claim 1, wherein said seller satisfaction comprises valid date for selling said stock.
11. The system of claim 1, wherein said seller satisfaction comprises a stock variation range.
12. A method for automatically matching buyer and seller comprises:
inputting a buyer satisfaction including an expected item wish to be purchased, an expected price and quantity by a buyer, and inputting a seller satisfaction;
recording said buyer satisfaction by an automatically matching buyer and seller system when ready for matching;
recording said seller satisfaction by said automatically matching buyer and seller system when ready for matching;
monitoring said buyer and seller satisfactions, calculating for each possible buy/sell combination and determining whether said seller and buyer satisfactions are match or not;
generating a mutual satisfaction when said seller and buyer satisfactions are match;
forwarding said buyer by a forwarding system to acknowledge said mutual satisfaction;
generating a transaction by a transaction generator when said mutual satisfaction is confirmed by said buyer.
13. The method of claim 12, further comprises scheduling a shipping method, a shipping date and billing to said buyer.
14. The method of claim 12, wherein said buyer satisfaction further comprises a variation type of said expected price, which allows said buyer to select the type of the order, wherein said variation type of said expected price at least includes the type of higher than said expected price, lower than said expected price or the like.
15. The method of claim 12, wherein said buyer satisfaction further comprises a price variation range which allows said buyer to enter the variation range of said expected price for said expected item.
16. The method of claim 12, wherein said buyer satisfaction further comprises a valid date for said expected price to purchase said expected item to determines for how long the order will be valid.
17. The method of claim 12, wherein said seller satisfaction further comprises a stock item amount.
18. The method of claim 12, wherein said seller satisfaction further comprises a stock variation type which allows said seller enters said seller satisfaction including the more or less than the valve of said stock item amount.
19. The method of claim 12, wherein said seller satisfaction further comprises valid date for selling said stock.
20. The method of claim 12, wherein said seller satisfaction further comprises a stock variation range.
21. A storage medium for automatically matching buyer and seller comprises:
means for recording a buyer satisfaction and a seller satisfaction when ready for matching;
means for setting price to set an expected price;
means for setting a variation type to set a mode which allows a user to define a satisfaction level;
means for setting boundary to allows said user to define a price range;
means for monitoring the seller and buyer satisfactions;
means for generating transaction to generate a transaction if said buyer and seller satisfactions are match; and means for forwarding to said buyer responsive to said monitoring means to forward to said buyer.
6. The system of claim 1, wherein said buyer satisfaction comprises a valid date for said expected price to purchase said expected item to determines for how long the order will be valid..
7. The system of claim 1, wherein said buyer satisfaction comprises a communication method and corresponding communication code.
8. The system of claim 1, wherein said seller satisfaction comprises a stock item amount that presents the amount of said item for selling provides by a variety of the merchants.
9. The system of claim 1, wherein said seller satisfaction comprises a stock variation type which allows said selling party enters said seller satisfaction including the more or less than the valve of said stock item amount.
10. The system of claim 1, wherein said seller satisfaction comprises valid date for selling said stock.
11. The system of claim 1, wherein said seller satisfaction comprises a stock variation range.
12. A method for automatically matching buyer and seller comprises:
inputting a buyer satisfaction including an expected item wish to be purchased, an expected price and quantity by a buyer, and inputting a seller satisfaction;
recording said buyer satisfaction by an automatically matching buyer and seller system when ready for matching;
recording said seller satisfaction by said automatically matching buyer and seller system when ready for matching;
monitoring said buyer and seller satisfactions, calculating for each possible buy/sell combination and determining whether said seller and buyer satisfactions are match or not;
generating a mutual satisfaction when said seller and buyer satisfactions are match;
forwarding said buyer by a forwarding system to acknowledge said mutual satisfaction;
generating a transaction by a transaction generator when said mutual satisfaction is confirmed by said buyer.
13. The method of claim 12, further comprises scheduling a shipping method, a shipping date and billing to said buyer.
14. The method of claim 12, wherein said buyer satisfaction further comprises a variation type of said expected price, which allows said buyer to select the type of the order, wherein said variation type of said expected price at least includes the type of higher than said expected price, lower than said expected price or the like.
15. The method of claim 12, wherein said buyer satisfaction further comprises a price variation range which allows said buyer to enter the variation range of said expected price for said expected item.
16. The method of claim 12, wherein said buyer satisfaction further comprises a valid date for said expected price to purchase said expected item to determines for how long the order will be valid.
17. The method of claim 12, wherein said seller satisfaction further comprises a stock item amount.
18. The method of claim 12, wherein said seller satisfaction further comprises a stock variation type which allows said seller enters said seller satisfaction including the more or less than the valve of said stock item amount.
19. The method of claim 12, wherein said seller satisfaction further comprises valid date for selling said stock.
20. The method of claim 12, wherein said seller satisfaction further comprises a stock variation range.
21. A storage medium for automatically matching buyer and seller comprises:
means for recording a buyer satisfaction and a seller satisfaction when ready for matching;
means for setting price to set an expected price;
means for setting a variation type to set a mode which allows a user to define a satisfaction level;
means for setting boundary to allows said user to define a price range;
means for monitoring the seller and buyer satisfactions;
means for generating transaction to generate a transaction if said buyer and seller satisfactions are match; and means for forwarding to said buyer responsive to said monitoring means to forward to said buyer.
Priority Applications (1)
| Application Number | Priority Date | Filing Date | Title |
|---|---|---|---|
| CA 2350119 CA2350119A1 (en) | 2001-06-08 | 2001-06-08 | System for automatically matching buyers and sellers via network and the method of the same |
Applications Claiming Priority (1)
| Application Number | Priority Date | Filing Date | Title |
|---|---|---|---|
| CA 2350119 CA2350119A1 (en) | 2001-06-08 | 2001-06-08 | System for automatically matching buyers and sellers via network and the method of the same |
Publications (1)
| Publication Number | Publication Date |
|---|---|
| CA2350119A1 true CA2350119A1 (en) | 2002-12-08 |
Family
ID=4169243
Family Applications (1)
| Application Number | Title | Priority Date | Filing Date |
|---|---|---|---|
| CA 2350119 Abandoned CA2350119A1 (en) | 2001-06-08 | 2001-06-08 | System for automatically matching buyers and sellers via network and the method of the same |
Country Status (1)
| Country | Link |
|---|---|
| CA (1) | CA2350119A1 (en) |
Cited By (1)
| Publication number | Priority date | Publication date | Assignee | Title |
|---|---|---|---|---|
| CN110377816A (en) * | 2019-06-06 | 2019-10-25 | 东莞市大易产业链服务有限公司 | A kind of intelligent parameter matching system |
-
2001
- 2001-06-08 CA CA 2350119 patent/CA2350119A1/en not_active Abandoned
Cited By (1)
| Publication number | Priority date | Publication date | Assignee | Title |
|---|---|---|---|---|
| CN110377816A (en) * | 2019-06-06 | 2019-10-25 | 东莞市大易产业链服务有限公司 | A kind of intelligent parameter matching system |
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