Patent ID: 7269571
Filing Date: 2007-09-11
Classification: G06Q

Abstract:
1. A system for facilitating the sale of goods or services offered from at least one vendor to at least one buyer through an intermediary platform in communication with vendors and the buyers, comprising: at least one processor and memory device associated with the intermediary platform, said memory device provided with descriptive information relating to each of the goods or services offered by the vendors as well as at least one haggle table, said at least one processor utilizing said descriptive information as well as said haggle table to conduct a haggle process with at least one of the buyers to facilitate the consummation of a sale of the goods or services from at least one of the vendors, wherein said descriptive information comprises a retail sales price and a minimum sales price, and a description of the goods or services offered, for each of the goods or services offered, wherein said haggle table comprises a list of desired discount amounts, used to produce counter offers responsive to a buyer's offer or counter offer for a particular good or service offered by at least one of the vendors, said desired discount amount equaling a buyer's offered price deducted from said retail sales price, and wherein said discount haggle allows a seller to counteroffer based on a random selection within a pre-defined range.