WO2001033448A1 - Reverse auction processing method using computer network system - Google Patents

Reverse auction processing method using computer network system Download PDF

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Publication number
WO2001033448A1
WO2001033448A1 PCT/KR2000/001220 KR0001220W WO0133448A1 WO 2001033448 A1 WO2001033448 A1 WO 2001033448A1 KR 0001220 W KR0001220 W KR 0001220W WO 0133448 A1 WO0133448 A1 WO 0133448A1
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WO
WIPO (PCT)
Prior art keywords
product
buyer
server computer
bid
information
Prior art date
Application number
PCT/KR2000/001220
Other languages
French (fr)
Inventor
Yoo-Chan Lee
Jun-Hee Lee
Jae-Hun Lee
Original Assignee
Internet Auction Co., Ltd.
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 Internet Auction Co., Ltd. filed Critical Internet Auction Co., Ltd.
Priority to AU10609/01A priority Critical patent/AU1060901A/en
Publication of WO2001033448A1 publication Critical patent/WO2001033448A1/en

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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
    • G06Q50/00—Systems or methods specially adapted for specific business sectors, e.g. utilities or tourism
    • G06Q50/10—Services
    • 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

Definitions

  • the present invention relates to a method of performing an online auction using a computer network system, and more particularly, to a reverse auction processing method using a computer network system, in which a buyer provides product specifications, and a seller makes a bid for the product specifications.
  • a seller registers a product to be auctioned, bidders bid on products, and the bidder whose bid is the highest may purchase the auctioned product.
  • the buyer has to choose only the product which the seller registered, and the buyer may be unable to buy a product which meets the specifications the buyer wants. Therefore, an auction processing system in which, apart from a seller's unilateral offering of a product, the buyer actively proposes the product he wants and an auction is conducted based on the desired product, is required.
  • a reverse auction processing method for an auction which is conducted through a communication network, the method having the steps of at least one buyer registering product purchase information, including the specifications of a product the buyer wants to buy, in a server computer; the server computer giving notices corresponding to the product purchase information of the buyer to at least one seller computer; setting an area in the server computer for a bid to the buyer; the seller making a bid by registering sales bid information, including the specifications of a product to be sold, in the area for the bid; and the buyer deciding whether or not to purchase a product, after checking the sales information of sellers registered in the area for the bid.
  • the method further includes the steps of the server computer receiving registration of product sales information, including the specifications of a product which can be sold, from the seller; and sending product purchase information corresponding to the product sales information to the registered sellers.
  • the method further includes the step of the server computer providing information on a product, which meets the specifications of a product provided by the buyer, among unsold products remaining from normal auctions, to the buyer.
  • the method further includes the step of paying for the purchase of the product which the buyer has decided to buy. It is preferable that the buyer who decided to buy the product pays money for the purchase of the product to the server computer operator through the communication network, and the server computer operator pays a predetermined amount of money to the corresponding seller.
  • FIG. 1 illustrates an example of the structure of a computer network system for performing the present invention
  • FIG. 2 is a flowchart of an example of a reverse auction processing method according to the present invention
  • FIG. 3A is an example of a database for storing seller's product specification information
  • FIG. 3B is an example of a database for storing buyer's product specification information
  • FIG. 3C is an example of a database for storing product information of the seller who makes a bid for the product of a predetermined buyer.
  • FIG. 1 illustrates the structure of a computer network system for performing the present invention.
  • a server computer 11 belongs to an auctioneer company which conducts an online auction.
  • Buyer computers 14 are owned by those who purchase products in the auction conducted by the server computer 11.
  • Seller computers 12, which are used by sellers who provide products for the auction, are connected to the server computer 11 through the communication network 13.
  • a database for storing data for the auction and a program for processing the auction are stored in the server computer.
  • the buyer computers 14 and seller computers 12 connected to the communication network 13 have Internet browsers (for example, Netscape, and Internet Explorer) which can display web contents encoded in Hyper Text Markup Language (HTML).
  • the web browser makes each computer access and display the content of an online auction HTML templet in the server computer 11.
  • the HTML templet of the server computer 11 has a main web page to be displayed for online auction users such as the seller computers 14.
  • FIG. 2 is a flowchart of an example of a reverse auction processing method according to the present invention.
  • a seller accesses the main home page of the server computer 11 through the browser of the seller computer 12 and registers a product to be auctioned in step 21.
  • the seller can input only the category of the product to sell, or can input detailed information, including the product name, the product specification, the price, sales area, the auction closing date, etc.
  • the server computer 11 stores this sales information in a database.
  • FIG. 3A is an example of a database for storing seller's product specification information.
  • the server computer 11 has categories set by the kinds of product, and the seller has registered the category of the product which he can provide for the auction.
  • the seller can also register detailed information, including the product name, specifications, etc.
  • FIG. 3B is an example of a database for storing buyer's product specification information.
  • the database can include information on product name, product specifications, price, area, date, etc, input by the buyer.
  • the server computer 11 registers such product information from buyers in the database and forms Universal Resource Locators (URLs) for processing the auction for the buyers' products in step 23. That is, an area in which the reverse auction for a buyer is processed on-line is set, and the auction for a predetermined product is conducted.
  • URLs Universal Resource Locators
  • the server computer 11 provides buyer product information to sellers on the web so that each seller can access the information, while sending information on the product specifications of the buyers, together with the URLs for a bid, which is generated for the buyers, to the sellers who registered the same category as the buyers selected, via E-mail and the like in step 24.
  • the server computer 11 can conduct a normal auction as well.
  • the server computer 11 can compare a product unsold in the normal auction with product specifications provided by buyers, and then can send product information which can attract buyers, via E-mail and the like, to promote effective purchases.
  • the seller When a seller wants to make a bid in response to the product specifications of a buyer, the seller sends his product specification information to the buyer. At this time, the seller sends the information to the URL for a bid to the buyer.
  • the server computer 11 stores seller's information sent to the URL in step 25.
  • FIG. 3C is an example of a database for storing product information of the seller who makes a bid for the product of a predetermined buyer.
  • the seller makes a bid by providing detailed product information, including product specifications, price, sales area, delivery dates, etc., corresponding to the requirements of the buyer.
  • This seller's product information is provided only to corresponding buyers, and not to other buyers.
  • step 26 Checking sellers' product information, the buyer decides on a product which best meets his specifications in step 26.
  • the closing of an auction can be determined by a predetermined deadline or by the time when the buyer decides to purchase. Though the buyer expressed his intention to purchase once, the purchase can be canceled when there is a predetermined reason, and then the above-described auction process can be resumed.
  • the payment can be sent to the server computer operator, and the server computer operator can pay the money excluding a predetermined fee to the seller. Through this process, payment can be made safely after deciding the purchase.
  • the present invention may be embodied in a code, which can be read by a computer, stored on a computer readable recording medium.
  • the computer readable recording medium may be any kind on which computer readable data may be stored.
  • the computer readable recording media may be storage media such as magnetic storage media (e.g., ROM's, floppy disks, hard disks, etc.), optically readable media (e.g., CD-ROMs, DVDs, etc.), or carrier waves (e.g., transmissions over the Internet). Also, the computer readable recording media can be scattered on computer systems connected through a network and can store and execute a computer readable code in a distributed mode.
  • magnetic storage media e.g., ROM's, floppy disks, hard disks, etc.
  • optically readable media e.g., CD-ROMs, DVDs, etc.
  • carrier waves e.g., transmissions over the Internet
  • the reverse auction processing method As described above, in the reverse auction processing method according to the present invention, after a buyer provides the specifications of the product he wants to buy, sellers provide products to be reverse auctioned in a cyber area which is for the auction, and then the buyer can purchase a product which best meets the specifications the buyer wants, among the products. Therefore, an auction for a product is conducted in a separate cyber area for the buyer's product specifications, and the buyer can choose a product with more appropriate specifications at a cheaper price.

Abstract

A reverse auction method in conducting an auction on-line using a computer network system is provided. The method includes the steps of at least one buyer registering product purchase information, including the specifications of a product the buyer wants to buy, in a server computer; the server computer giving notices corresponding to the product purchase information of the buyer to at least one seller computer; setting an area in the server computer for a bid to the buyer; the seller making a bid by registering sales bid information, including the specifications of a product to be sold, in the area for the bid; and the buyer deciding whether or not to purchase a product, after checking the sales information of sellers registered in the area for the bid. According to the method, an auction for a product is conducted in a separate cyber area for the buyer's product specifications, and the buyer can choose a product with more appropriate specifications at a cheaper price.

Description

REVERSE AUCTION PROCESSING METHOD USING COMPUTER NETWORK SYSTEM
Technical Field The present invention relates to a method of performing an online auction using a computer network system, and more particularly, to a reverse auction processing method using a computer network system, in which a buyer provides product specifications, and a seller makes a bid for the product specifications. Background Art
In an auction, a seller registers a product to be auctioned, bidders bid on products, and the bidder whose bid is the highest may purchase the auctioned product. However, in such an auction, the buyer has to choose only the product which the seller registered, and the buyer may be unable to buy a product which meets the specifications the buyer wants. Therefore, an auction processing system in which, apart from a seller's unilateral offering of a product, the buyer actively proposes the product he wants and an auction is conducted based on the desired product, is required.
Disclosure of the Invention
To solve the above problems, it is an objective of the present invention to provide a reverse auction processing method in which an auction is conducted on-line among computers connected through a communication network, using communication networks such as the
Internet, and when a buyer proposes product specifications, sellers make bids for the purchase.
To accomplish the above object of the present invention, there is provided a reverse auction processing method for an auction which is conducted through a communication network, the method having the steps of at least one buyer registering product purchase information, including the specifications of a product the buyer wants to buy, in a server computer; the server computer giving notices corresponding to the product purchase information of the buyer to at least one seller computer; setting an area in the server computer for a bid to the buyer; the seller making a bid by registering sales bid information, including the specifications of a product to be sold, in the area for the bid; and the buyer deciding whether or not to purchase a product, after checking the sales information of sellers registered in the area for the bid.
It is preferable that the method further includes the steps of the server computer receiving registration of product sales information, including the specifications of a product which can be sold, from the seller; and sending product purchase information corresponding to the product sales information to the registered sellers.
It is preferable that the method further includes the step of the server computer providing information on a product, which meets the specifications of a product provided by the buyer, among unsold products remaining from normal auctions, to the buyer.
It is preferable that the method further includes the step of paying for the purchase of the product which the buyer has decided to buy. It is preferable that the buyer who decided to buy the product pays money for the purchase of the product to the server computer operator through the communication network, and the server computer operator pays a predetermined amount of money to the corresponding seller.
Brief Description of the Drawings
FIG. 1 illustrates an example of the structure of a computer network system for performing the present invention;
FIG. 2 is a flowchart of an example of a reverse auction processing method according to the present invention; and FIG. 3A is an example of a database for storing seller's product specification information, FIG. 3B is an example of a database for storing buyer's product specification information, and FIG. 3C is an example of a database for storing product information of the seller who makes a bid for the product of a predetermined buyer.
Best mode for carrying out the Invention
Hereinafter, embodiments of the present invention will be described in detail with reference to the attached drawings. The present invention is not restricted to the following embodiments, and many variations are possible within the spirit and scope of the present invention. The embodiments of the present invention are provided in order to more completely explain the present invention to anyone skilled in the art.
FIG. 1 illustrates the structure of a computer network system for performing the present invention. A server computer 11 belongs to an auctioneer company which conducts an online auction. Buyer computers 14 are owned by those who purchase products in the auction conducted by the server computer 11. Seller computers 12, which are used by sellers who provide products for the auction, are connected to the server computer 11 through the communication network 13. A database for storing data for the auction and a program for processing the auction are stored in the server computer.
The buyer computers 14 and seller computers 12 connected to the communication network 13 have Internet browsers (for example, Netscape, and Internet Explorer) which can display web contents encoded in Hyper Text Markup Language (HTML). The web browser makes each computer access and display the content of an online auction HTML templet in the server computer 11. The HTML templet of the server computer 11 has a main web page to be displayed for online auction users such as the seller computers 14.
FIG. 2 is a flowchart of an example of a reverse auction processing method according to the present invention.
A seller accesses the main home page of the server computer 11 through the browser of the seller computer 12 and registers a product to be auctioned in step 21. In registration, the seller can input only the category of the product to sell, or can input detailed information, including the product name, the product specification, the price, sales area, the auction closing date, etc. The server computer 11 stores this sales information in a database.
FIG. 3A is an example of a database for storing seller's product specification information. The server computer 11 has categories set by the kinds of product, and the seller has registered the category of the product which he can provide for the auction. The seller can also register detailed information, including the product name, specifications, etc.
Meanwhile, a buyer who wants to buy a product accesses the server computer 11 through the buyer computer 14 and inputs the product he wants to buy and detailed product specifications in step 22. FIG. 3B is an example of a database for storing buyer's product specification information. The database can include information on product name, product specifications, price, area, date, etc, input by the buyer.
The server computer 11 registers such product information from buyers in the database and forms Universal Resource Locators (URLs) for processing the auction for the buyers' products in step 23. That is, an area in which the reverse auction for a buyer is processed on-line is set, and the auction for a predetermined product is conducted.
The server computer 11 provides buyer product information to sellers on the web so that each seller can access the information, while sending information on the product specifications of the buyers, together with the URLs for a bid, which is generated for the buyers, to the sellers who registered the same category as the buyers selected, via E-mail and the like in step 24.
The server computer 11 can conduct a normal auction as well. In this case, the server computer 11 can compare a product unsold in the normal auction with product specifications provided by buyers, and then can send product information which can attract buyers, via E-mail and the like, to promote effective purchases.
When a seller wants to make a bid in response to the product specifications of a buyer, the seller sends his product specification information to the buyer. At this time, the seller sends the information to the URL for a bid to the buyer. The server computer 11 stores seller's information sent to the URL in step 25.
FIG. 3C is an example of a database for storing product information of the seller who makes a bid for the product of a predetermined buyer. The seller makes a bid by providing detailed product information, including product specifications, price, sales area, delivery dates, etc., corresponding to the requirements of the buyer. This seller's product information is provided only to corresponding buyers, and not to other buyers.
Checking sellers' product information, the buyer decides on a product which best meets his specifications in step 26. The closing of an auction can be determined by a predetermined deadline or by the time when the buyer decides to purchase. Though the buyer expressed his intention to purchase once, the purchase can be canceled when there is a predetermined reason, and then the above-described auction process can be resumed.
For the product which the buyer decided to buy, various methods for payment, including Internet banking and the like, can be used. Here, the payment can be sent to the server computer operator, and the server computer operator can pay the money excluding a predetermined fee to the seller. Through this process, payment can be made safely after deciding the purchase.
The present invention may be embodied in a code, which can be read by a computer, stored on a computer readable recording medium. The computer readable recording medium may be any kind on which computer readable data may be stored.
The computer readable recording media may be storage media such as magnetic storage media (e.g., ROM's, floppy disks, hard disks, etc.), optically readable media (e.g., CD-ROMs, DVDs, etc.), or carrier waves (e.g., transmissions over the Internet). Also, the computer readable recording media can be scattered on computer systems connected through a network and can store and execute a computer readable code in a distributed mode.
Industrial Applicability
As described above, in the reverse auction processing method according to the present invention, after a buyer provides the specifications of the product he wants to buy, sellers provide products to be reverse auctioned in a cyber area which is for the auction, and then the buyer can purchase a product which best meets the specifications the buyer wants, among the products. Therefore, an auction for a product is conducted in a separate cyber area for the buyer's product specifications, and the buyer can choose a product with more appropriate specifications at a cheaper price.

Claims

What is claimed is:
1. A reverse auction processing method for an auction which is conducted through a communication network, the method comprising the steps of: at least one buyer registering product purchase information, including the specifications of a product the buyer wants to buy, in a server computer; the server computer giving notices corresponding to the product purchase information of the buyer to at least one seller computer; setting an area in the server computer for a bid to the buyer; the seller making a bid by registering sales bid information, including the specifications of a product to be sold, in the area for the bid; and the buyer deciding whether or not to purchase a product, after checking the sales information of sellers registered in the area for the bid.
2. The reverse auction processing method of claim 1 , further comprising the steps of: the server computer receiving registration of product sales information, including the specifications of a product which can be sold, from the seller; and sending product purchase information corresponding to the product sales information to the registered sellers.
3. The reverse auction processing method of claim 1 , further comprising the step of: the server computer providing information on a product, which meets the specifications of a product provided by the buyer, among unsold products remaining from normal auctions, to the buyer.
4. The reverse auction processing method of claim 1 , further comprising the step of: paying for the purchase of the product which the buyer has decided to buy.
5. The reverse auction processing method of claim 4, wherein the buyer who decided to buy the product pays money for the purchase of the product to the server computer operator through the communication network, and the server computer operator pays a predetermined amount of money to the corresponding seller.
6. A computer readable recording medium which stores a program for executing the reverse auction processing method of any one of claims 1 -5.
PCT/KR2000/001220 1999-11-01 2000-10-27 Reverse auction processing method using computer network system WO2001033448A1 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU10609/01A AU1060901A (en) 1999-11-01 2000-10-27 Reverse auction processing method using computer network system

Applications Claiming Priority (2)

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KR1999/47925 1999-11-01
KR1019990047925A KR20010044878A (en) 1999-11-01 1999-11-01 Reverse auction processing method using computer network system

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Cited By (4)

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WO2002023424A1 (en) * 2000-09-18 2002-03-21 Trade Extensions Tradeext Ab Method and system for conducting an advanced auction
US7921052B2 (en) 2002-12-31 2011-04-05 Autotrader.Com, Inc. Efficient online auction style listings that encourage out-of-channel negotiation
US10565632B1 (en) 2015-12-22 2020-02-18 Jpmorgan Chase Bank. N.A. Transaction control system and method
US10565594B1 (en) 2015-12-22 2020-02-18 Jpmorgan Chase Bank, N.A. Transaction control system and method

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Publication number Priority date Publication date Assignee Title
KR100328142B1 (en) * 2000-01-10 2002-03-12 주식회사 세일즈타워닷컴 Method for commercial dealing on internet auction utilizing voluntary shopping mall
KR20010075839A (en) * 2000-01-20 2001-08-11 윤덕용 Method for selling medicine prepared by pharmacists based on doctors' prescrptions to patients through a reverse auction system in the computer network and computer readable medium storing the method
KR100331049B1 (en) * 2000-01-31 2002-04-06 이창호 System for Electronic commercial transactions
WO2009157722A2 (en) * 2008-06-25 2009-12-30 Kim Kiju Reverse auction method

Citations (2)

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US5794207A (en) * 1996-09-04 1998-08-11 Walker Asset Management Limited Partnership Method and apparatus for a cryptographically assisted commercial network system designed to facilitate buyer-driven conditional purchase offers
JPH10320470A (en) * 1997-05-21 1998-12-04 N T T Data:Kk Electronic transaction system and method therefor

Patent Citations (2)

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Publication number Priority date Publication date Assignee Title
US5794207A (en) * 1996-09-04 1998-08-11 Walker Asset Management Limited Partnership Method and apparatus for a cryptographically assisted commercial network system designed to facilitate buyer-driven conditional purchase offers
JPH10320470A (en) * 1997-05-21 1998-12-04 N T T Data:Kk Electronic transaction system and method therefor

Cited By (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2002023424A1 (en) * 2000-09-18 2002-03-21 Trade Extensions Tradeext Ab Method and system for conducting an advanced auction
US7921052B2 (en) 2002-12-31 2011-04-05 Autotrader.Com, Inc. Efficient online auction style listings that encourage out-of-channel negotiation
US10565632B1 (en) 2015-12-22 2020-02-18 Jpmorgan Chase Bank. N.A. Transaction control system and method
US10565594B1 (en) 2015-12-22 2020-02-18 Jpmorgan Chase Bank, N.A. Transaction control system and method

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AU1060901A (en) 2001-05-14
KR20010044878A (en) 2001-06-05
TW494339B (en) 2002-07-11

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