Patent Publication Number: US-2019180314-A1

Title: Power buy system

Description:
CROSS-REFERENCE TO RELATED APPLICATIONS 
     This application a continuation of U.S. patent application Ser. No. 16/005,376, filed Jun. 11, 2018, which is a continuation of U.S. patent application Ser. No. 15/697,378, filed Sep. 6, 2017, which is a continuation of U.S. patent application Ser. No. 15/087,442, filed Mar. 31, 2016, which is a continuation of U.S. patent application Ser. No. 15/084,150, filed on Mar. 29, 2016, the entire content of which is expressly incorporated herein by reference. 
    
    
     STATEMENT RE: FEDERALLY SPONSORED RESEARCH/DEVELOPMENT 
     Not Applicable 
     BACKGROUND 
     The various aspects of the power buy system disclosed herein relation to a method for aggregating buyers and sellers so that buyers can buy one or more units of an item at a lower cost and sellers can sell more volume of items. 
     In today&#39;s environment, people purchase goods online through portals such as these identified by trademarks EBAY (i.e., online marketplace) and AMAZON (i.e., online marketplace). However, these platforms have many deficiencies. 
     Accordingly, there is a need in the art for an improved platform to buy and sell items. 
     BRIEF SUMMARY 
     A computer implemented method for facilitating aggregation of demand for an item from internet users to attract the suppliers that would be willing to lower a price of the item is disclosed. The method may comprise the steps of providing a pre-configured deal of a first supplier to the internet users for the item wherein the pre-configured deal indicates that a power price for the item is less than a buy now price if a threshold number of units of the item is purchased; activating the pre-configured deal or a new deal with no supplier&#39;s power price yet but with default power price upon commitment from a first internet user to purchase the item at the initial power price which is less than the buy now price; inviting one or more internet users through social media accounts of the first internet user, email, text message and/or other crowd sourcing method(s) to contacts of the first internet user to view the active deal wherein the first internet user is linked to one or more internet users through zero or more social media account; inviting additional internet users through social media accounts of the contacts of the first internet user&#39;s contacts, email, text message and/or other crowd sourcing method(s) to the contacts of the first internet user&#39;s contacts to view the active deal; receiving commitments from one or more internet users to purchase the item at the power price which is less than the buy now price; receiving a first join deal commitment from the first supplier to supply the item at a power price lower than the buy now price when a threshold number of units of the purchased item is met; receiving a second join deal commitment from the second supplier to supply the item at a power price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier; and receiving a first Price Down commitment from a first supplier to supply the item at a price lower than the power price provided by the second supplier to win over the volume of sales from the second supplier. 
     The computer implemented method may further comprise the step of receiving a second Price Down commitment from the second supplier to supply the item a price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier. 
     The computer implemented method may further comprise the step of processing winning internet users and winning suppliers based on order submission time stamps (oldest order fulfilled first) and offered prices (lowest power price fulfilled first) 
     In another embodiment, a system may comprise a processor and a memory device. The memory device may include instructions that, when executed by the processor, cause the system to provide a pre-configured deal of a first supplier to internet users for an item wherein the pre-configured deal indicates that a power price for the item is less than a buy now price if a threshold number of units of the item is purchased; activate the pre-configured deal or the new deal with no supplier&#39;s power price yet but with default power price upon commitment from a first internet user to purchase the item at the initial power price which is less than the buy now price; invite one or more internet users through social media accounts of the first internet user, email, text message and/or other crowd sourcing method(s) to the contacts of the first internet user to view the active deal wherein the first internet user is linked to one or more internet users through zero or more social media account and the invitation occurs when the first internet user gives permission to invite one or more internet users through the social media accounts of the first internet user; invite additional internet users through social media accounts of the contacts of the first internet user&#39;s contacts, email, text message and/or other crowd sourcing method(s) to the contacts of the first internet user&#39;s contacts to view the active deal; receive commitments from one or more internet users to purchase the item at the power price which is less than the buy now price; receive a first join deal commitment from the first supplier to supply the item at a power price lower than the buy now price when a threshold number of units of the purchased item is met; receive a second join deal commitment from the second supplier to supply the item at a power price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier; and receive a first Price Down commitment from a first supplier to supply the item at a price lower than the power price provided by the second supplier to win over the volume of sales from the second supplier. 
     In the system, the instructions further cause the system to receive a second Price Down commitment from the second supplier to supply the item a price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier. 
     In the system, the instructions further comprises the step of processing winning internet users and winning suppliers based on order submission time stamps (oldest order fulfilled first) and offered prices (lowest power price fulfilled first). 
     In another embodiment, a non-transitory computer-readable storage medium including instructions is disclosed. The instructions when executed by a processor of a computing system may cause the computing system to provide a pre-configured deal of a first supplier to internet users for an item wherein the pre-configured deal indicates that a power price for the item is less than a buy now price if a threshold number of units of the item is purchased; activate the pre-configured deal or the new deal with no supplier&#39;s power price yet but with default power price upon commitment from a first internet user to purchase the item at the initial power price which is less than the buy now price; invite one or more internet users through social media accounts of the first internet user, email, text message and/or other crowd sourcing method(s) to the contacts of the first internet user to view the active deal wherein the first internet user is linked to one or more internet users through zero or more social media account and the invitation occurs when the first internet user gives permission to invite one or more internet users through the social media accounts of the first internet user; invite additional internet users through social media accounts of the contacts of the first internet user&#39;s contacts, email, text message and/or other crowd sourcing method(s) to the contacts of the first internet user&#39;s contacts to view the active deal; receive commitments from one or more internet users to purchase the item at the power price which is less than the buy now price; receive a first join deal commitment from the first supplier to supply the item at a power price lower than the buy now price when a threshold number of units of the purchased item is met; receive a second join deal commitment from the second supplier to supply the item at a power price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier; and receive a first Price Down commitment from a first supplier to supply the item at a price lower than the power price provided by the second supplier to win over the volume of sales from the second supplier. 
     The non-transitory computer-readable storage medium may include instructions that further cause the system to receive a second Price Down commitment from the second supplier to supply the item a price lower than the price supplied by the first supplier to win over the volume of sales from the first supplier. 
     The non-transitory computer-readable storage medium may cause to process winning internet users and winning suppliers based on order submission time stamps (oldest order fulfilled first) and offered prices (lowest power price fulfilled first). 
     In a first aspect of the invention, a system having a memory device, database and a server system is provided. The memory device stores a system execution program including computer instructions. The database stores data records related to a plurality of sellers, data records related a plurality of buyers, and a data record related to a power deal. The data record for each seller identifies the associated seller as a subscriber or a non-subscriber. The server system is coupled to the memory device and the database and includes a processor programmed to execute the system execution program to establish a seller portal domain, a buyer domain, and an admin domain. The seller portal domain is programmed to perform the function of allowing the sellers to create and/or schedule the power deal. The admin domain is programmed to perform the functions of establishing the power deal in response to the creation and/or schedule of the power deal; storing information related to the power deal in the power deal record; and broadcasting to the buyer domain and the seller portal domain the power deal record. The information related to the power deal including an item offered for sale, a current price, a required minimum quantity, a termination trigger, and a current quantity. The buyer domain is programmed to perform the functions of allowing a first buyer to initiate the power deal by committing to purchase a first quantity of the item at the current price or lower; allowing other buyers to join the power deal by committing to purchase a respective quantity of the item at the current price or lower; and aggregating the quantity of the item to which all buyers have committed to purchasing and storing the aggregated quantity in the power deal record as the current quantity. The admin domain is further programmed to perform the function of broadcasting to the buyer domain and the seller portal domain the power deal record including an updated current quantity. The seller portal domain is further programmed to provide the functions of allowing sellers identified as a subscriber to establish a price reduction rule and to store the price reduction rule in the associated data record; allowing one of the sellers to manually establish a lower price and to store the lower price as the current price in the power deal data record; and in response to a manually established lower price, implementing the price reduction rule to establish a new lower price and to store the new lower price as the current price in the power deal data record. The admin domain is further programmed to perform the functions of broadcasting to the buyer domain and the seller portal domain the power deal record including an updated current price, detecting an occurrence of the termination trigger and responsively: (1) closing the power deal and (2) notifying the buyers and sellers that the power deal is closed. 
     The functions described above in the Detailed Description are implemented by the processes and algorithms shown in the included flow/process diagrams. 
     In another aspect of the invention, method performed by a system having memory device, a database and a server system. The method includes the steps of storing, in a memory device, a system execution program including computer instructions; storing, in a database, data records related to a plurality of sellers, data records related a plurality of buyers, and a data record related to a power deal; establishing, in a server system coupled to the memory device and the database, a seller portal domain, a buyer domain, and an admin domain. The data record for each seller identifies the associated seller as a subscriber or a non-subscriber. The method further includes the steps of allowing the sellers, using the seller portal domain, to allow the sellers to create and/or schedule the power deal; establishing, by the admin domain, the power deal in response to the creation and/or schedule of the power deal and storing information related to the power deal in the power deal record. The information related to the power deal includes an item offered for sale, a current price, a required minimum quantity, a termination trigger, and a current quantity. The method also includes the step, performed by the admin domain, of broadcasting to the buyer domain and the seller portal domain the power deal record. The method also includes the steps, performed by the buyer domain, of allowing a first buyer to initiate the power deal by committing to purchase a first quantity of the item at the current price or lower; allowing other buyers to join the power deal by committing to purchase a respective quantity of the item at the current price or lower; and aggregating the quantity of the item to which all buyers have committed to purchasing and storing the aggregated quantity in the power deal record as the current quantity. The method includes the step, performed by the admin domain of broadcasting to the buyer domain and the seller portal domain the power deal record including an updated current quantity. The method further includes the steps, performed by the seller portal domain of allowing sellers identified as a subscriber to establish a price reduction rule and storing the price reduction rule in the associated data record; allowing one of the sellers to manually establish a lower price and storing the lower price as the current price in the power deal data record; and in response to a manually established lower price, implementing, the price reduction rule to establish a new lower price and storing the new lower price as the current price in the power deal data record. The method further includes the steps, performed by the admin domain of broadcasting to the buyer domain and the seller portal domain the power deal record including an updated current price and detecting an occurrence of the termination trigger and to responsively: (1) close the power deal and (2) notify the buyers and sellers that the power deal is closed. 
    
    
     
       BRIEF DESCRIPTION OF THE DRAWINGS 
       These and other features and advantages of the various embodiments disclosed herein will be better understood with respect to the following description and drawings, in which like numbers refer to like parts throughout, and in which: 
         FIG. 1  is a schematic of a system; 
         FIG. 2  is an inventory management screen; 
         FIG. 3  is a power deal listing screen; 
         FIG. 4  is a first add an item screen; 
         FIG. 5  is a second add an item screen; 
         FIG. 6  is a third add an item screen; 
         FIGS. 7A and 7B  is a screen for adding core information about the item; 
         FIG. 8  is a screen for adding images and video about the item; 
         FIG. 9  is a screen for adding descriptive text about the item; 
         FIG. 10  is a screen for inputting an item set for the item; 
         FIG. 11  is an Auto Price Down screen; 
         FIGS. 12A-C  illustrate a buyer&#39;s website illustrating a Follow Power Buy Lead button/link; 
         FIG. 13  illustrates a screen for exploring power deal listings for buyers; 
         FIG. 14  illustrates an active power deal listing details screen for buyers; 
         FIG. 15  illustrate a screen for submitting Power Buy with Shipping information and Billing information; 
         FIG. 16  illustrates a crowd source button; 
         FIG. 17  illustrates a screen for crowd sourcing via social media; 
         FIG. 18  illustrates a screen for crowd sourcing via direct email; 
         FIG. 19  illustrates a screen for crowd sourcing via text messaging; 
         FIG. 20  illustrates a notification screen; 
         FIG. 21  illustrates an invite friends page; 
         FIG. 22  illustrates two pre-configured Power Deal listings based on an Automated Price Reduction by Quantity Tier; 
         FIGS. 23A-C  illustrate a Price Down process; 
         FIGS. 24A-E  illustrate a process of automatically calculating a Price Down based on an Automated Price Reduction by Quantity Tier; 
         FIGS. 25A-E  illustrates a process of automatically calculating a Price Down by Reduction Rate; 
         FIGS. 26A-B  illustrate a Power Buy process; 
         FIGS. 27A-B  illustrate a crowd source process when the crowd source button shown in  FIG. 16  is depressed; 
         FIG. 28  illustrates a Follow Power Deal process when the Follow Power Deal button shown in  FIG. 14  is depressed; 
         FIG. 29  illustrates a Follow Power Buy Lead process when the Follow Power Buy Lead button (i.e., link) is depressed; 
         FIGS. 30A-D  illustrate a process of determining winning buyers and winning sellers; 
         FIGS. 31A-B  illustrate an Auto Price Down process; 
         FIGS. 32A-C  illustrate a Join Power Deal process; 
         FIG. 33  illustrates a power deal (has not activated yet) listing details screen for buyers 
         FIG. 34  illustrates a web page for entering Power Deal information for joining active Power Deal 
         FIG. 35  illustrate a screen for activating Power Deal listing. 
     
    
    
     DETAILED DESCRIPTION 
     Referring now to the drawings, a Power Buy System that allows for crowd sourcing  1  of buyers and crowd sourcing  2  of sellers so that buyers can buy items at a lower price and sellers can sell items at a larger quantity is disclosed. A seller may set up a Power Deal  63  ( FIG. 2 ) for one or more of their items being offered on the web site  5  of the system. These Power Deals are not initially activated but merely offered to buyers pending activation by a buyer through the Power Buy website  5 . A buyer may initiate one or more Power Deal  135  ( FIG. 33 ) from one or more of the sellers. Successfully completing a Power Deal  135  will reward the buyer loyalty points and/or allow the buyer to purchase the item at a guaranteed discounted price at a System&#39;s Initial Power Price or lower. To complete a Power Deal, the buyer must convince the buyer&#39;s network of contacts either through his or her social media channels (e.g., trademarks FACEBOOK, LINKEDIN, INSTAGRAM (i.e., social networks) etc.) or by directly e-mailing the buyer&#39;s contacts or okay soul laid out in the email and then that will work on both going for instructions text message referenced as Crowd Source ( FIGS. 16-19 and 27A ) to commit to purchasing the item offered in the Power Deal listing  113  ( FIG. 12A ) via Power Buy ( FIG. 26A ). The buyer may choose to follow Power Deal ( FIG. 28 ), follow Power Buyer Lead ( FIG. 29 ) and join Power Deal at a later time. If the buyer is able to aggregate a significant amount of buyer demand (i.e., number of committed units to be purchased by buyer collective) for the item, then the sellers selling the item are notified of the Power Deal listing  32  and may Price Down their own Power Price  40  ( FIG. 3 ) to be lower than the System&#39;s Current Power Price (SCPP) offered by some other seller so that the new seller can sell his or her inventory to the buyer collective. The buyers continue to invite and aggregate other interested buyers to join the Power Deal to increase Quantity Demanded through their network of contacts to attract the sellers to lower their Power Price further. The sellers continues to compete among themselves to join the Power Deal ( FIG. 32A ) (if have not previously joined) or manually Price Down ( FIG. 23A ) or auto Price Down by Quantity Tier ( FIG. 24A ) or auto Price Down by Reduction Rate ( FIG. 25A ) defined through set up flow ( FIG. 31A ) exclusive for paid subscription to lower their Power Price to win over the volume of sales. When the Power Deal ends, the Power Buy System determines the Winning Sellers and Winning Buyers ( FIG. 30A ). Buyers&#39; orders are fulfilled in the order of order timestamp (oldest orders fulfilled first) from the sellers with the Power Price between SCPP and SIPP (lowest Power Price sellers fulfilled first). 
     If the demand from the buyer collective for the item exceeds the supply of the Winning Sellers (i.e., lowest price or first in time), then the Power Buy System may allow other sellers to supply the item to meet the demand of the buyer&#39;s collective. 
     Referring now to  FIG. 2 , a seller&#39;s website is shown. The seller&#39;s website may include an Inventory View tab  10 , a Power Deal view tab  12 , and an Add an Item button and a listing region  16  of items offered for sale. In the listing region  16  of offered items for the inventory view, each item may be selected by checking a checkbox  18 , then chooses one in more actions  34  such as Edit, Delete, etc. An image  20  of the item may be shown for easier identification by the seller. A seller&#39;s SKU and condition  22  may be displayed. An item name and mgSKU/UPC  24  may be displayed. Dates  26  related to the item listing may be displayed such as date created and latest changed date. The seller may enter a number of units of the item available in stock  28  either by typing in the number or using an up-and-down arrow. A Sell Price including shipping and possible handling fee  30  may be displayed and the seller may enter the Seller Unit Price manually via inputting the number with a keyboard. An overview of Power Deal listings  32  of the item may be displayed whether the seller participates or not. The information for each of the item listings may be edited or saved by way of edit/save action button  34 . 
     Referring now to  FIG. 3 , the user may click the Power Deal View tab  12  to show a list of active Power Deal listings of all sellers in the listing region  16  of offered items similar like the current seller. The listing region  16  includes the active checkbox  18  column, the Seller SKU and Condition  22  column, the item name and mgSKU/UPC  24  column. The listing region  16  of offered items shown in  FIG. 3  for the list of Power Deal listings includes an abbreviated amount of information for the seller to facilitate management of the Power Deal listings for a large number of items. If the seller has already joined the Power Deal, the listing region  16  of offered items as shown in  FIG. 3  may include a Sell Price  36 , a Power Deal Quantity  38 , a Seller&#39;s Current Power Price (MCPP)  40 , a System Power Deal (Power Deals chance)  42 , a message something like “Lowest price” in case of the lowest Power Price offered and a Price Down button  44  to allow the seller to edit the Seller&#39;s Current Power Price (MCPP)  40  to a lower price than System&#39;s Current Power Price (SCPP)  46 . The Power Unit Price  47  is set to be Power Price  40  less Standard Shipping and Handling Fee. If the seller has not joined the Power Deal, the listing region  16  of offered items as shown in  FIG. 3  may include a Sell Price  36 , a System Power Deal  42  and a Join Power Deal button  49 . When the seller clicks on a Join Power Deal button  49 , a popup ( FIG. 34 ) may allow the seller to set up Quantity available for Power Deal and a Power Price to be lower than the System&#39;s Current Power Price (SCPP) if there is one or more other sellers have joined the Power Deal. If the seller happens to be the first seller of the Power Deal, the Seller&#39;s Current Power Price (MCPP) will be set to a default value as System&#39;s Initial Power Price (SIPP). The seller may edit this default Power Price to a lower number but not higher. The listing region  16  of offered items also includes an Action drop down  34  to allow the seller to edit the Sell Unit Price  36 , Power Deal Quantity  38 , Power Price  40  and save such changes. 
     In  FIG. 2 , the seller is given the option to either manually enter an item by clicking the Add an Item button  14  or to add a plurality of items using the Upload Item button  48 . When the user clicks the Upload Item button, the user is guided through a series of steps that allows the user to add items via an application program interface (i.e., API). When the seller clicks on the Add an Item button one-by-one, the seller is shown the screen in  FIG. 4 . The seller is required to select Item Type  53  including but not limited to Product, Service, Gift Certificate, Voucher, Coupon, Deal, etc. The seller may search for an existing item listing by searching the Power Buy System database by item name, UPC, EAN, Seller SKU or mgSKU in the search field  50 . If no existing item listing exists for the item to be added, then the seller may create a new item listing by clicking on button  52 . Upon doing so, the seller may browse the item categories and select the proper item category as shown in  FIGS. 5 and 6 . When the proper item category is found, the seller may click on the Select this Category button  54  (see  FIG. 6 ). 
     The seller is directed to incorporate core information of the item, as shown in  FIG. 7A  including but not limited to the Manufacturer&#39;s Name, Manufacturer&#39;s Part Number, Item Title, UPC or EAN, Brand, Related Item ID, weight, Seller&#39;s SKU, item condition, tax code, handling time (e.g., in days), country of origin, release date, import designation, target audience as well as the Sell Unit Price  39  ( FIG. 7B ) (i.e., buy now price) and Quantity Available  64  at the Buy Now Price, Sale Price information including but not limited to the sale price with associated start date and end date, seller warranty description, shipping options  59  and handling fee  61  ( FIG. 7B ). The seller may choose to opt-in to current or future Power Deals by setting up Power Unit Price  55  and Qty available for Power Deals  57  ( FIG. 7B ). The seller may click on the Save &amp; Next button  56  ( FIG. 7B ) which leads the seller to the main images and video page shown in  FIG. 8 . Here, the seller may associate various images to the item listing. The seller may click on the Save &amp; Next button  58  which leads the seller to the description tab ( FIG. 9 ) so that the seller may include textual information about the item listing. The seller may then click on the Save &amp; Next button  60  which then leads the seller to the item set page ( FIG. 10 ) to enter various attribute information (such as color, size, type, scent, etc.) related to the item listing. Upon clicking the Save &amp; Next button  62 , the seller is led to the Auto Price Down screen shown in  FIG. 11 . 
     The Auto Price Down feature is exclusive for paid subscription. In the Auto Price Down screen shown in  FIG. 11 , the seller enters a number in the Qty available for Power Deals input field  79 . The seller may opt in to Join Power Deal (I have read and agreed with the Power Deals terms and conditions)  81 . Once opted-in, the seller may choose one of the two options: Automated Price Reduction by Quantity Tier  83  or Automated Price Reduction by Reduction Rate  85 . Once this option is set up, the Power Buy System will act on behalf of the seller to join the Power Deal and Price Down when the criteria set up here is met. If the seller selects the Automated Price Reduction by Quantity Tier radio button  83 , the seller may setup one or more tiers  66   a, b, c - n  which further discounts the Power Price of the item as more committed buys from the buyer collective is aggregated. In particular example shown in  FIG. 11 , if the buyer collective commits to purchasing a total of 99 units, then the seller will not participate in the Power Deal. However, once the buyer collective commits to buying at least 100 units (i.e. first tier threshold met), then the seller commits to sell to the committed buyers of the Power Deal with respect to the Qty available for Power Deal  79  at the Power Unit Price  70   a  of $205 in relation to the first tier. If the buyer collective commits to buying at least 201 units (i.e. second tier threshold met), then seller commits to sell to the committed buyers of the Power Deal with respect to the Qty available for Power Deal  79  at the Power Unit Price  70   b  of $200 in relation to the second tier. If the buyer collective commits to buying at least 301 units (i.e., third tier threshold met), then seller commits to sell to the committed buyers of the Power Deal with respect to the Qty available for Power Deal  79  at the Power Unit Price  70   c  of $195 in relation to the third tier. However, the Winning Buyers and Sellers along with the final purchased price will be determined when the Power Deal ends. 
     If the seller selects the Automated Price Reduction by Reduction Rate radio button  85 , the seller may set a threshold level of buyer demand from the buyer collective by selecting a number of items in the threshold buyer demand drop down field  78  and checking the checkbox  80 . If an active Power Deal listing  32  ( FIG. 2 ) has Quantity Demanded from the buyer collective greater than or equal to the number in the threshold buyer demand field  78 , then the seller will automatically join the Power Deal  32  ( FIG. 2 ) offered the Power Price to be the System&#39;s Initial Power Price (SIPP)  43  ( FIG. 14 ) if the seller happens to be the first seller of the Power Deal. If the Power Deal currently has one or more other sellers, the seller will automatically join the Power Deal  32  ( FIG. 2 ) offered the Power Price  40  ( FIG. 3 ) to be the same as the System&#39;s Current Power Price (SCPP)  45  ( FIG. 14 ) if SCPP  45  was automatically set by the Power Buy System on behalf of some other sellers with paid subscription. If the System&#39;s Current Power Price (SCPP)  45  was set manually via Join Power Deal button  49  ( FIG. 3 ) or Price Down button  44  ( FIG. 3 ) by some other seller, the seller will automatically join the Power Deal  32  ( FIG. 2 ) offered a lower Power Price  40  ( FIG. 3 ) by a Reduction Rate  84  ( FIG. 11 ) from the System&#39;s Current Power Price (SCPP)  45  ( FIG. 14 ) but not less than the Floor Price  82  ( FIG. 11 ) Likewise, if the seller has previously joined the Power Deal  32  ( FIG. 2 ), the Power Price  40  ( FIG. 3 ) will be automatically lowered by a Reduction Rate  84  ( FIG. 11 ) from the System&#39;s Current Power Price (SCPP)  45  ( FIG. 14 ) but not less than the Floor Price  82  ( FIG. 11 ). In particular, if the SCPP  45  ( FIG. 14 ) is $100 and the Reduction Rate  84  ( FIG. 11 ) is $2 then the Power Price will be automatically set at $98. Furthermore, if the Floor Price  82  ( FIG. 11 ) presents at $99 then the Power Price  40  ( FIG. 3 ) will be automatically set at $99. 
     The seller may then confirm the information by clicking on the Save &amp; Next button for approval  88  ( FIG. 11 ). Upon doing so, the seller is notified that information will be reviewed by an administrator  4  for approval or rejection. The criteria for approval includes but not limited to the seller rating. 
     Referring now to  FIGS. 12A, 12B and 12C , a buyer&#39;s website is shown. The buyer&#39;s website may include a sign-up section  109  ( FIG. 12A ), a listing or carousel of Today&#39;s Power Deal listings  111  ( FIG. 12A ), a link to see more Power Deals  113  ( FIG. 12A ), a listing of Top Power Buyers  115  ( FIG. 12B ) and a listing of Top Sellers (including Top Power Sellers)  117  ( FIG. 12C ). After the buyer has signed up with the Power Buy System, the buyer may allow the Power Buy System to communicate Power Deal listings  113  ( FIG. 12A ) to social contacts of the buyer through one or more social media accounts of the buyer via set up of the social settings section  119  ( FIG. 13 ). The buyer may choose to skip the social media aspect of the Power Buy System by depressing the ignore for now button  121  or the buyer may click through each of the tabs (i.e., Facebook, Twitter, Pinterest, Google Plus, etc.) and authorize the Power Buy System to send Power Deal listing information to the buyer&#39;s contacts via one or more of the social media accounts of the buyer by depressing the “Connect With [Social Media Name]” button  123 . 
     Referring still to  FIG. 13 , the buyer may explore a Power Deal listing  125  by clicking on the area represented by  125 , upon which the buyer will be directed to the details screen of the Power Deal listing  125  shown in  FIG. 14 . The details screen shown in  FIG. 14  allows the buyer to share the Power Deal listing  125  to the buyer&#39;s contacts via social media or directly through e-mail or text message by clicking on one of the icons in the share section  127  ( FIG. 14 ) even if the buyer has not activated the Power Deal listing. The first buyer may initiate the Power Deal and commits to purchase the item of the Power Deal at the System&#39;s Initial Power Price (SIPP)  43  ( FIG. 14 ) or lower by depressing the Power Buy button  135  ( FIG. 33 ). Any subsequent buyer can join Power Deal by depressing the Power Buy button  129  ( FIG. 14 ) to aggregate the Quantity Demanded to attract the seller of the item to join the Power Deal and to lower their Power Price. When a Power Deal is created, it might have zero or more committed sellers set up through the seller&#39;s website. The buyer may choose to be notified of any activities or updates to the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) by depressing the Follow Power Deal button  131  ( FIG. 14 ). Joining of the Power Deal occurs when the buyer fills out the information contained in  FIG. 15  and clicks on the submit Power Buy button  145 . However, the buyer might opt-in for a single-click Power Buy option in their profile setting to bypass the steps described in  FIG. 15  and go directly to committing to the Power Buy through Power Buy button  129  ( FIG. 14 ) or Power Buy button  135  ( FIG. 33 ) (if the first buyer of the Power Deal). When the seller logs into the buyer&#39;s website and view the item of their own listing, the Price Down button will be shown in lieu of Power Buy button  129  if the seller has already joined this Power Deal. The Join Power Deal button will be shown if the Seller has not joined this Power Deal yet. The seller may click on Price Down button to offer a lower price with respect to System&#39;s Current Power Price (SCPP)  45  to compete with other sellers for the Power Deal Quantity Demanded. 
     Upon joining of the Power Deal listing  113  ( FIG. 12A ), the buyer may now aggregate additional buyers by inviting other social contacts of the buyer by sharing the Power Deal listing  113  with the buyer&#39;s contacts either through social media accounts or by e-mail and text message. The motivation for buyer to aggregate more buyers to join Power Deal to drive up the Quantity Demanded is to buy the item at the System&#39;s Initial Power Price (SIPP)  43  ( FIG. 14 ) or lower which is lower than the Buy Now Price  137  ( FIG. 14 ) and/or to earn points in the system. 
     In order to join the Power Deal ( FIG. 14 ), the buyer depresses the Power Buy button  129 . The first buyer who initiates the Power Deal specifies the duration  139  ( FIG. 35 ) of the Power Deal (including but not limited to hours, days, weeks, months).The buyer is led to the power buy screen shown in  FIG. 15 . Before committing to the Power Deal, the buyer inserts the quantity number in the quantity field  133  and shipping information in the shipping information section  141  and payment information in the payment section  143 . The quantify field is the number of units the buyer is willing to buy per the conditions of the Power Deal ( FIG. 14 ). Upon clicking the submit Power Buy button  145  ( FIG. 15 ), the buyer is agreeing to purchase the item of the Power Deal ( FIG. 14 ) at the System&#39;s Initial Power Price  43  ( FIG. 14 ) or lower provided that the Power Deal ( FIG. 14 ) has a sufficient amount of buyers to purchase a threshold number of units of the item as dictated by the Power Deal ( FIG. 14 ). The buyer facilitates aggregation of more buyers to buy more units of the item in the Power Deal listing  113  ( FIG. 12A ) by reaching out to the buyer&#39;s contacts through social media accounts, e-mail and/or text message. 
     After clicking on the submit Power Buy button  145  ( FIG. 15 ), the buyer is led to the notifications page shown in  FIG. 20 . In this page, the buyer may specify how (email or text) and when (i.e. activities) the buyer is to be notified for activities  149  to the Power Deal listing. The buyer may allow the Power Buy System to notify the buyer&#39;s social contacts of activities  149   a  of the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) by way of authorizing such communication through one or more of the buyer&#39;s social media accounts. After filling out the information in the notification page, the buyer may depress the next button  142 . If the user or buyer does not want to change default notification settings to notify the buyer&#39;s social media contacts or personal contacts or be notified of any activities of the Power Deal listing, the buyer can depress the skip for now button  144 . 
     Upon depressing the next button  142  or skip for now button  144 , the buyer is led to the invite friends page shown in  FIG. 21 . In this page, a personal invite link  146  may be cut and pasted into an e-mail, text message, or update status of the buyer&#39;s social media account. Alternatively, the buyer may send the personal invite link or information on the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) by allowing the Power Buy System to communicate with the buyer&#39;s social media account(s) by way of invite via social section  147  The Power Buy System also allows the user to depress one or more link  148  which will allow buyer to import their acquaintances&#39; email from email provider such as Gmail, Yahoo, Outlook, AOL, etc. and enter e-mail message with pre-scripted information about the personal invite link and the Power Deal listing  111  and  113  (FIG.  12 A). The buyer may fill out the send to e-mail addresses as desired. Alternatively, the invite friends page is capable of e-mailing or text messaging the buyer&#39;s friends or contacts directly. 
     The Power Buy System shown in the figures and described herein allows sellers to sell a higher volume of items through the help of buyers who reach out to the buyer&#39;s contacts and the contacts of the buyer&#39;s contacts. This is done by the seller providing various Power Deal listings  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) wherein a Power Deal item is sold to committed buyers at a first-tier lower price if a first-tier threshold number of units of an even further higher number of units can be sold, a second tier even lower price if a second tier even higher threshold number of units of the item can be sold to committed buyers, a third tier even further lower price if a third tier threshold number of units of the item can be sold to committed buyers, and so on. 
     On the seller&#39;s part, the seller offers a Power Deal listing  32  ( FIG. 2 ) wherein the Power Price  40  ( FIG. 3 ) is incrementally lowered below the System&#39;s Current Power Price  46  ( FIG. 3 ) which is lower than a Buy Now Price  36  ( FIG. 3 ) as Quantity Demanded for the item incrementally increases from the buyer collective. A more aggressive pricing structure entices buyers who want to purchase the item at a lower price and/or receive other point benefits from the Power Buy System. The buyer reaches out to the buyer&#39;s social contacts either through social media accounts of the buyer or directly by way of e-mail or text message trying to convince these contacts to commit to buying the item. As the number of committed buyers increase and therefore the Quantity Demanded for the item of the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) increases this will motivate more sellers to join the Power Deal to compete for Quantity Demanded and lower the Power Price further. 
     Other sellers may view the Power Deal listing  32  ( FIG. 2 ) and offer a lower Power Price  40  ( FIG. 3 ) than the System&#39;s Current Power Price (SCPP)  46  ( FIG. 3 ) thereby further driving down the System&#39;s Current Power Price  46  ( FIG. 3 ) for the Power Deal listing  32  ( FIG. 2 ). This in turn excites the committed buyer(s) and potential buyers (i.e., buyers that follow a Power Deal listing) and motivates the buyers to tell their friends about the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ). Committed and potential buyers are those following the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) and buyers committed to buying the item in the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ). If a seller Price Down the Power Price  40  ( FIG. 3 ) for that Power Deal listing, more buyers would join in the Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) due to the lower sell price and this cycle rewards both the sellers and the buyers by way of volume sales for the sellers and lower pricing for the buyers. 
     The seller&#39;s website may be reached by entering a seller&#39;s subdomain  3 . In particular, the seller&#39;s sub-domain may be https://sellerportal.[ourdomain].com. The seller must have an account with the Power Buy System and login to the seller management to create or update item for Buy Now listing and/or a potential Power Deal listing  32  ( FIG. 2 ) upon the activation of the first buyer who commits to the Power Deal. The seller may sign up for a free basic account or paid subscription account. In the basic account, the seller can only Price Down below System&#39;s Current Power Price (SCPP) by manually clicking on the Price Down button  44  ( FIG. 3 ). With the paid subscription account, the seller may set up rules to automatically Price Down below the System&#39;s Current Power Price (SCPP)  46  ( FIG. 3 ) as shown in the Price Down options in  FIG. 11 . 
     In operation, a plurality of sellers may set up potential Power Deal  63  ( FIG. 2 ) for a particular item. The Power Deal listings  32  ( FIG. 2 ) may consist of zero or more progressively lower Power Prices corresponding to progressively higher item units to be sold. When a Power Deal is created, it might have zero or more committed sellers set up through the seller&#39;s website. The Seller&#39;s Current Power Price  40  ( FIG. 3 ) (i.e., MCPP) is the current lowest Power Price  40  of the specific seller or merchant for this item at that time for a particular buyer demand level. After determining the Seller&#39;s Current Power Price  40  ( FIG. 3 ), the Power Buy System will compare the System&#39;s Current Power Price  46  ( FIG. 3 ) to the Seller&#39;s Current Power Price  40  ( FIG. 3 ). If the Seller&#39;s Current Power Price  40  is less than the System&#39;s Current Power Price, the Power Buy System will update the System&#39;s Current Power Price to the Seller&#39;s Current Power Price  40 . The System&#39;s Current Power Price is the current lowest Power Price for this item at a system level (i.e., comparing all item deal listings for that item). 
     If the seller has a free basic account, the seller of the basic account may outbid other sellers by manually clicking on a Price Down button  44  ( FIG. 3 ) in order to be the first in line to sell the item to the committed buyers associated with the Power Deal. If the seller has a paid subscription account, the seller may set up automatic Price Down options for their items having Power Deal listings as shown in the Price Down options in  FIG. 11 . As such, when a seller manually Prices Down a Power Price  40  ( FIG. 3 ) of the current Power Deal listing  32  ( FIG. 2 ), those sellers with paid subscription account may automatically Price Down below the manually Priced Down Power Price. Auto Price Down process may only be triggered when a seller clicks on Priced Down button or Joined Power Deal button. Auto Price Down process does not compete with Power Price from another auto Price Down. 
     Referring now to  FIG. 22 , two Power Deal listings  32   a,    32   b  from first and second sellers for a particular item are shown. These Power Deal listings  32   a, b  may be uploaded to the Power Buy System by way of an API (i.e., application program interface) or manually entered as discussed above. The buyer may view each of these Power Deal listings  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) and join a preferred Power Deal listing  111 ,  113  ( FIG. 12A ) and  125  ( FIG. 13 ) as described above. If the buyer Quantity Demanded of the Power Deal meets a minimum quantity of items to enter the tier two level, then the seller&#39;s Power Price will be set at the tier two Power Unit Price+Standing Shipping+Handling Fee. The buyers may also actively aggregate additional buyers through social media or directly to increase Power Deal Quantity Demanded. The seller will not automatically join the Power Deal if the buyer is not able to aggregate enough Power Deal Quantity Demanded to meet the minimum number of units to enter tier two. 
     In the example shown in  FIG. 22 , if the buyer joins the Power Deal listing  32   a  set up by the first seller, then the buyer is committing to purchasing the item at $205 or lower per unit. However, the seller has not committed to selling the unit at $205 unless the seller can move more units defined by the Power Deal listing  32   a.  At this point, the buyer has not purchased the item at the current power price  40  ( FIG. 3 ) of $205. The buyer may contact the buyer&#39;s contacts through social media accounts or directly by way of text message or e-mail to advise the buyer&#39;s social media contacts of the Power Deal listing  32   a.  As more buyers commit to purchasing the item, the Power Deal Quantity Demanded from the buyer collective increases. In particular, if there are a sufficient number of Power Buyers to purchase 100 units, then those committed buyers will buy the item at $205 per unit+Standard Shipping+Handling Fee. At this time, a different seller may join in the Power Deal listing  32   a  by pricing down the Power Price  40  ( FIG. 3 ) to below the System&#39;s Current Power Price  46  ( FIG. 3 ) which is $205 at this time. If another seller prices down the Power Price  40  ( FIG. 3 ) to $204, then the seller or new seller will be able to sell 100 units to the buyer collective at $204+Standard Shipping+Handling Fee. The first Seller is no longer the winner of the Power Deal. By lowering the current Power Price  40  ( FIG. 3 ), the current buyers may be notified of the lower Power Price  40  ( FIG. 3 ) and be motivated to contact their social network to aggregate additional buyers to further increase buyer demand and hopefully drive down the System&#39;s Current Power Price  46  ( FIG. 3 ). As the buyer collective increases, the Quantity Demanded from committed buyers increases, then the System&#39;s Current Power Price may be further lowered as more sellers are motivated to win the Power Deal to move more items. By way of example, if the buyer collective commits to buying  151  units, then the Power Buy System tells the buyer collective that the System&#39;s Current Power Price  46  ( FIG. 3 ) is $203+Standard Shipping+Handling Fee. The Power Buy System also notifies sellers that buyer demand is increasing and that more items may be sold. If the first seller has a paid subscription account, then the automatic Price Down settings may incrementally Price Down the current Power Price  40  ( FIG. 3 ) from the System&#39;s Current Power Price (SCPP)  46  ( FIG. 3 ) by the preset increment defined by first seller in order to win the Power Deal  32  ( FIG. 2 ) and be able to sell the item to the buyer collective. If the first seller has a basic account, then the first seller must manually Price Down the Current Power Price  40  ( FIG. 3 ) below the System&#39;s Current Power Price  46  ( FIG. 3 ) by clicking on the link or Price Down button  44  ( FIG. 3 ). As the end of the Power Deal listing  32  ( FIG. 2 ) approaches, sellers will want to Price Down the current Power Price  40  ( FIG. 3 ) in order to win the ability to sell the item to the buyer collective and sell a large quantity of item. In turn, the lower prices attract more buyers until an optimal lowest price is achieved for the current Quantity Demanded from the buyer collective. 
     Referring now to  FIGS. 3, 11, 23A -C referenced as Price Down process, a flowchart of how the Power Buy System processes a Price Down which is manually activated by clicking on the Price Down button  44  ( FIG. 3 ) on the seller&#39;s website (not shown) or the buyer&#39;s website  100  ( FIG. 23A ) when the seller is logged in is shown in  FIG. 3 . In particular, if the seller does not sell this item  102  ( FIG. 23A ), Price Down button is not shown  104  ( FIG. 23B ) and the process terminates  140  ( FIG. 23C ). Otherwise, the process determines  106  if the Power Deal exists for this item. If no, then Price Down button is not shown  104  ( FIG. 23B ) and the process terminates  140  ( FIG. 23C ). If yes and the seller has configured the auto Price Down option ( FIG. 11 ), then the process may show all configured tiers (i.e., price and quantity) for all sellers of the item having their own Power Deals. The process also shows the System&#39;s Initial Power Price (SIPP), System&#39;s Current Power Price (SCPP), count of joining buyers and Quantity Demanded  108  ( FIG. 23B ). The process determines if the seller has joined the Power Deal  110  ( FIG. 23B ). If no, the process shows the Join Power Deal button  112  ( FIG. 23B ) and the process terminates  140  ( FIG. 23C ). If yes and seller has the lowest Power Price for this item  114  ( FIG. 23B ) then a message is shown that seller has the lowest Power Price  116  ( FIG. 23B ). It shows Price Down button  118  ( FIG. 23B ). For an active Power Deal listing, a seller may click  120  ( FIG. 23B ) on the Price Down button or link  44  ( FIG. 3 ) to mark the Price Down so that the seller is the current lowest bidder of the Power Deal. The seller enters a new Power Price  122  ( FIG. 23C ) in field  40  ( FIG. 3 ). The seller attempts to save  124  ( FIG. 23C ) the new Power Price  122  ( FIG. 23C ) by clicking on the Confirm Update button  51  ( FIG. 3 ). The process now calculates or determines if the new Power Price  122  ( FIG. 23C ) is greater than or equal to the System&#39;s Current Power Price (SCPP)  126  ( FIG. 23C ). If the answer is yes then the process shows  128  ( FIG. 23C ) an error message and requests the seller to re-enter a new Power Price  122  ( FIG. 23C ). If the answer is no, then the process updates  130  ( FIG. 23C ) the Seller&#39;s Current Power Price (MCPP) and System&#39;s Current Power Price (SCPP) at the new Power Price  122  ( FIG. 23C ) and Power Unit Price=new Power Price-Standard Shipping-Handling Fee. The process notifies  132  ( FIG. 23C ) other sellers selling this item based on their notification settings, notifies  134  ( FIG. 23C ) buyers joining this Power Deal based on their notification settings and notifies  136  ( FIG. 23C ) followers based on their notification settings. The process then triggers a request to run an automate Price Down by Reduction Rate job  138  ( FIG. 23C ). The process terminates  140  ( FIG. 23C ). 
     Referring now to  FIGS. 11, 24A -E, a flowchart depicting the process (i.e. a computer automation job) of the Power Buy System automatically calculates Price Down based on Automated Price Reduction by Quantity Tier option. The process browses  200  ( FIG. 24A ) All Items with an active Power Deal. The process selects the first item and set i to one (1) as the current item  202  ( FIG. 24A ). The process determines  204  ( FIG. 24A ) if not All Items are processed. If no, then the process terminates  254  ( FIG. 24E ). If yes, then the process retrieves  206  ( FIG. 24A ) the data for Item (i). SCPP and Temp SCPP are set to System&#39;s Current Power Price (SCPP) of Item (i). Total Qty is set to the Power Deal Quantity Demanded of Item (i). Total Sellers is set to all sellers selling Item (i) with paid subscription and selected the automated Price Down Reduction by Quantity Tier option. The process determines  208  ( FIG. 24A ) if Total Sellers is greater than zero. If no, then the process fetches the next item (i)  252  ( FIG. 24E ) and loops back to decision  204  ( FIG. 24A ). If yes, then the process selects the first seller and set s to one (1) as the current seller  210  ( FIG. 24A ). If not all Total Sellers are processed  212  ( FIG. 24B ), Total Tiers  214  ( FIG. 24B ) is set to the list of Automated Price Down Reduction by Quantity Tier option of Item (i) Seller (s). The process selects the first tier and set t to one (1) as the current tier  216  ( FIG. 24B ). The process determines  218  ( FIG. 24B ) if not All Tiers are processed. If no, the process fetches the next seller (s)  238  ( FIG. 24D ) and loops back to decision  212  ( FIG. 24B ). If yes, then the process retrieves  220  ( FIG. 24B ) the data for tier (t). Quantity From is set to Quantity From of Item (i), Seller (s) and Tier (t). Quantity To is set to Quantity To of Item (i), Seller (s) and Tier (t). New Power Unit Price is set to Power Unit Price of Item (i), Seller (s) and Tier (t). Standard Shipping is set to Standard Shipping of Item (i), Seller (s) and Tier (t). Handling Fee is set to Handling Fee of Item (i), Seller (s) and Tier (t). The process determines  222  ( FIG. 24C ) if the Total Qty is between Quantity From and Quantity To. If no, the process fetches the next tier (t)  236  (FIG.  24 D) and loops back to decision  218  ( FIG. 24B ). If yes, then the process marks  224  ( FIG. 24C ) Seller (s) joined Power Deal of Item (i) if has not previously joined. The process updates  226  ( FIG. 24C ) Power Unit Price of Item (i), Seller (s) to be new Power Unit Price and updates current Power Price (MCPP) of Item (i), Seller (s) to be new Power Unit Price+Standard Shipping+Handling Fee. The process notifies the Seller (s) of the updated Power Unit Price and MCPP based on their configuration settings  228  ( FIG. 24C ). The process sets the current tier (t) to Total Tiers to end the Tier loop  230  ( FIG. 24C ). Moreover, the process determines  232  ( FIG. 24D ) if temp SCPP is greater than Power Price (MCPP) of Seller (s). If no, the process fetches the next tier (t)  236  ( FIG. 24D ) and loops back to decision  218  ( FIG. 24B ). If yes, then temp SCPP is set to Power Price (MCPP) of Seller (s)  234  ( FIG. 24D ). The process fetches the next tier (t)  236  ( FIG. 24D ) and loops back to decision  218  ( FIG. 24B ). If All Tiers are processed  218  ( FIG. 24B ), then the process fetches the next seller (s)  238  ( FIG. 24D ) and loops back to decision  212  ( FIG. 24B ). If all Total Sellers are processed  212  ( FIG. 24B ), then the process determines  240  ( FIG. 24D ) if temp SCPP is less than SCPP. If no, the process fetches the next item (i)  252  ( FIG. 24E ) and loops back to decision  204  ( FIG. 24A ). If yes, then the process updates SCPP of Item (i) to be temp SCPP  242  ( FIG. 24D ). The process notifies all sellers selling Item (i)  244  ( FIG. 24E ), notifies buyers joining this Power Deal based on their notification settings  246  ( FIG. 24E ) and notifies followers based on their notification settings  248  ( FIG. 24E ). The process then triggers a request to run an automate Price Down by Reduction Rate job  250  ( FIG. 24E ). The process fetches the next item (i)  252  ( FIG. 24E ) and loops back to decision  204  ( FIG. 24A ). 
     Referring now to  FIGS. 11 and 25A -E, a flowchart depicts the process (i.e. a computer automation job) of automatically calculating Price Down based on a Price Down by Reduction Rate option. The seller checks the checkbox  81  ( FIG. 11 ) to join Power Deal. The seller also selects radio button  85  ( FIG. 11 ) for automated Price Reduction by Reduction Rate. Once Seller selects radio button  85 , they can select checkbox  80  ( FIG. 11 ) for the automatically join Power Deal action if ordered quantity meets or exceeds Threshold Quantity defined at  78  ( FIG. 11 ). When System&#39;s Current Power Price (SCPP) was marked by Price Down button or Join Power Deal button, the sellers with selected the radio button  85  ( FIG. 11 ) automatically Price Down on MCPP and SCPP as shown in the flowchart shown in  FIG. 25A . 
     In particular, the process browses  300  ( FIG. 25A ) All Items with active Power Deal. The process selects the first item and sets i to one (1) as the current item  302  ( FIG. 25A ). The process determines  304  ( FIG. 25A ) if not All Items are processed. If no, then the process terminates  358  ( FIG. 25E ). If yes, then the process retrieves  308  ( FIG. 25A ) the data for Item (i). SCPP and Temp SCPP are set to System&#39;s Current Power Price (SCPP) of Item (i). Total Qty is set to the Power Deal Quantity Demanded of Item (i). Total Sellers is set to all sellers selling Item (i) with paid subscription and turning on automated Price Down Reduction by Reduction Rate option. The process determines  310  ( FIG. 25A ) if Total Sellers is greater than zero. If no, then the process fetches the next item (i)  356  ( FIG. 25E ) and loops back to decision  304  ( FIG. 25A ). If yes, then the process selects the first seller and sets s to one (1) as the current seller  312  ( FIG. 25A ). If not all Total Sellers are processed  314  ( FIG. 25B ), the process retrieves  316  ( FIG. 25C ) the data for Item (i), Seller (s). Floor Price is set to Floor Price+Standard Shipping+Handling Fee of Item (i), Seller (s). Reduction Rate is set to Reduction Rate of Item (i), Seller (s). MCPP is set to MCPP of Item (i), Seller (s). Threshold Qty is set to Power Deal joining Threshold Qty of Item (i), Seller (s). Standard Shipping is set to Standard Shipping of Item (i), Seller (s). Handling Fee is set to Handling Fee of Item (i), Seller (s). The process determines  318  ( FIG. 25C ) if Seller (s) has joined the Power Deal. If no, the process determines  320  ( FIG. 25C ) if Automatically Join Power Deal option was turned on for Item (i), Seller (s) and Total Qty is greater than or equal to Threshold Qty. If no, the process fetches the next seller (s)  344  ( FIG. 25E ) and loops back to decision  314  ( FIG. 25B ). If yes, the process determines  322  if MCPP is greater than or equal to Floor Price. If no, it means that there is no room for Seller (s) to go lower the Power Price, the process fetches the next seller (s)  344  ( FIG. 25E ) and loops back to decision  314  ( FIG. 25B ). If yes, the process marks Seller (s) joined Power Deal  324  ( FIG. 25C ) of Item (i). If yes to  318  ( FIG. 25B ) or  324  ( FIG. 25C ), the process determines  326  ( FIG. 25C ) if System&#39;s Current Power Price (SCPP) was manually marked by Price Down button or Join Power Deal button. If yes, new Power Price is set to SCPP-Reduction Rate  328  ( FIG. 25D ). If no, new Power Price is set to SCPP  330  ( FIG. 25D ). Both step  328  ( FIG. 25D ) and  330  ( FIG. 25D ) continue on to determine  332  ( FIG. 25D ) if new Power Price is greater than or equal to Floor Price. 
     If no, new Power Price is set to Floor Price  334  ( FIG. 25D ) then the process continues to step  336  ( FIG. 25D ). If new Power Price is greater than or equal to Floor Price, then the process updates  336  ( FIG. 25D ) Power Unit Price (MCPP) of Item (i), Seller (s) to be new Power Price-Standard Shipping-Handling Fee and updates Seller&#39;s Current Power Price (MCPP) of Item (i), Seller (s) to be new Power Price. The process notifies the Seller (s) of the updated Power Unit Price and MCPP based on configuration settings  338  ( FIG. 25D ). The process also determines  340  ( FIG. 25D ) if new Power Price is greater than or equal to System&#39;s Current Power Price (SCPP). If yes, then the process fetches the next seller (s)  344  ( FIG. 25E ) and loops back to decision  314  ( FIG. 25B ). If no, Temp SCPP is set to new Power Price  342  ( FIG. 25E ). 
     If all Total Sellers are processed  314  ( FIG. 25B ), then the process determines  346  ( FIG. 25E ) if temp SCPP is less than SCPP. If no, the process fetches the next item (i)  356  ( FIG. 25E ) and loops back to decision  304  ( FIG. 25A ). If yes, then the process updates SCPP of Item (i) to be temp SCPP  348  ( FIG. 25E ). The process notifies all sellers selling Item (i)  350  ( FIG. 25E ), notifies buyers joining this Power Deal based on their notification settings  352  ( FIG. 25E ) and notifies followers based on their notification settings  354  ( FIG. 25E ). The process continues to fetch the next item (i)  356  ( FIG. 25E ) and loops back to decision  304  ( FIG. 25A ). 
     Referring now to  FIGS. 14, 15, 33, 26A and 26B  referenced as Power Buy process, when the buyer clicks  400  ( FIG. 26A ) on a Power Buy button  129  ( FIG. 14 ) with active Power Deal or a Power Buy button  135  ( FIG. 33 ) with new Power Deal, the process determines whether the buyer is logged into the Power Buy System  402  ( FIG. 26A ). If not, then the process requests the buyer to login  404  ( FIG. 26A ). When the buyer is logged into the system, the process shows a web page for the buyer to enter their Power Buy order information as shown in  FIG. 15 . The process determines  406  ( FIG. 26A ) if the buyer is the first initiator of this Power Deal. If so, then the Power Buy system will show screen  FIG. 35  allows the buyer may initiate the Power Deal  408  ( FIG. 26A ) and specify  410  ( FIG. 26A ) the duration of the Power Deal. The buyer also enters the item quantity that the buyer wants to buy in relation to the Power Buy  412  ( FIG. 26A ). The buyer enters a shipping information  414  ( FIG. 26A ). The buyer chooses a shipping method  416  ( FIG. 26A ). The buyer chooses the payment method  418  ( FIG. 26A ). The buyer enters payment information  420  ( FIG. 26A ). The buyer requires to click on a check box to agree on Terms and Conditions of the Power Deal  422  ( FIG. 26A ). The buyer then clicks  424  ( FIG. 26B ) on Submit Power Buy button  145  ( FIG. 15 ) to commit to buy this item at System&#39;s Initial Power Price (SIPP) or lower. The process validates the necessary information  426  ( FIG. 26B ). If the shipping information is not valid or missing  428  ( FIG. 26B ), then the buyer is sent back to step  414  ( FIG. 26A ). If the shipping method is not valid or missing  430  ( FIG. 26B ) then the buyer is sent back to step number  416  ( FIG. 26A ). If the payment method is not valid or there are issues with the payment authorization and Address Verification System (AVS)  432  ( FIG. 26B ), then the buyer is sent back to step  418  ( FIG. 26A ). If the necessary information is validated, then the process notifies sellers selling this item based on their notification settings  434  ( FIG. 26B ), notifies buyers joining this Power Deal based on their notification settings  436  ( FIG. 26B ) and notifies followers based on their notification settings  438  ( FIG. 26B ). The process terminates  440  ( FIG. 26B ). 
     Referring now to  FIGS. 16, 27A -B referenced as Crowd Source process, the inviter who initiates the Power Deal or who joins the Power Deal is presented with the webpage shown in  FIG. 16 . Inviter may be buyer, seller, follower or any user of Power Buy System. On this webpage, inviter can click on the Crowd Source button  500  ( FIG. 16 ) which initiates the steps shown in  FIG. 27A . When the inviter, who initiates the Power Deal or has joined the Power Deal, clicks  502  ( FIG. 27A ) on the Crowd Source button  500  ( FIG. 16 ), the process determines if the inviter is logged into the Power Buy System. Once the inviter is logged into the system, the inviter is shown or presented with a number of options in order to communicate the Power Deal listing with or to the social media contacts or personal contacts of the inviter  504  ( FIG. 27A ) as shown in  FIG. 17 . The inviter chooses one or more options to invite his or her contacts to view the Power Deal listing  506  ( FIG. 27A ). The inviter can choose to share the Power Buy listing via social media  508  ( FIG. 17 ). After clicking one of the icons  508 , the inviter shares all his/her acquaintances or enters his/her acquaintances&#39; social networks name with an inviting message via social networks  518  ( FIG. 27A ). If the inviter invites acquaintances via e-mail  510  ( FIG. 27A ) by clicking Invite by email button  512  ( FIG. 17 ), the inviter is presented with the webpage shown in  FIG. 18  and fills out the information presented to send a personal message. The inviter can also send or share the Power Deal listing by way of SMS or MIMS  516  ( FIG. 27A ) by clicking on Invite by SMS/MMS button  514  ( FIG. 17 ) and the inviter will be presented with the webpage shown in  FIG. 19 . The inviter can also send or share the Power Deal listing by way of other methods  520  ( FIG. 27A ). Based on some criteria but not limited to user&#39;s purchasing history, user&#39;s Power Deal joining history, user&#39;s viewing history, user&#39;s following history and user&#39;s preference, the process analyzes and provides suggestions to make friend, to join Power Deal together among users within the Power Buy System. 
     Referring now to  FIGS. 14 and 28  referenced as Follow Power Deal process, the user can click  600  ( FIG. 28 ) on the Follow Power Deal button  131  ( FIG. 14 ) indicated as follow Power Deal. In this instance, the process checks whether the user is logged into the Power Buy System  602  ( FIG. 28 ) and if not, then the process directs the user to log into the system. Upon clicking the Follow Power Deal button  131  ( FIG. 14 ), the process determines if the selected Power Deal is active  603  ( FIG. 28 ). If yes, then the process completes step Inform Follower registration successfully  604  ( FIG. 28 ). If no, then the process shows an error message  606  ( FIG. 28 ). The process terminates  608  ( FIG. 28 ). 
     Referring now to  FIGS. 12A and 29  referenced as Follow Power Buy Lead process, the user can click  700  ( FIG. 29 ) on a follow Power Buyer Lead  702  ( FIG. 12B ). The process then determines whether the user is logged into the Power Buy System. If not, the process guides the user through the login process. Upon login, the process browses  704  ( FIG. 29 ) all active Power Deals of the followed Power Buyer Lead referenced as Total Deal. The process selects the first Power Deal and sets i to one (1) as the current Power Deal  706  ( FIG. 29 ). The process determines if not all Total Deal are processed  708  ( FIG. 29 ). If no, then the process terminates  714  ( FIG. 29 ). If yes, then the process marks user followed Power Deal (i) and noted for next notification  710  ( FIG. 29 ). The process fetches the next Power Deal (i)  712  ( FIG. 29 ) and loops back to decision  708  ( FIG. 29 ). 
     Referring now to  FIGS. 30A-D , a flowchart depicting the process (i.e. a computer automation job) of determining of the Winning Sellers, non-winning Sellers, Winning Buyers and non-winning Buyers of the ending Power Deal. All Power Deals in the Power Buy system will be processed using this flow. The process determines if the Power Deal has ended  800  ( FIG. 30A ). If no, the process terminates  854  ( FIG. 30B ). If yes, the process determines if any seller has joined the Power Deal  802  ( FIG. 30A ). If no seller has joined the Power Deal, then the process issues a release of payment authorization hold  804  ( FIG. 30C ) for all joined Buyers of this Power Deal, notifies and sends order cancellation email to all joined buyers of this Power Deal  806  ( FIG. 30C ). The process terminates  854  ( FIG. 30B ). If sellers have joined the Power Deal, the process retrieves all submitted orders of this ended Power Deal sorted by order timestamp (First in First Out) referenced as O  808  ( FIG. 30A ). Q 0  is set to be Buyers&#39; quantity ordered  810  ( FIG. 30A ) from O in step  808  ( FIG. 30A ). Q 1  is set to be Sellers&#39; Power Deal Quantity with Seller&#39;s Current Power Price (MCPP) less than or equal to System&#39;s Initial Power Price (SIPP) sorted by MCPP (lowest Power Price first), membership level (paid subscription first), Power Deal joined timestamp (earliest joined timestamp first), MCPP timestamp (earliest Price Down timestamp first)  812  ( FIG. 30A ). Buyers&#39; orders are fulfilled in the order of order timestamp (oldest orders fulfilled first) from the sellers with the Power Price between SCPP and SIPP (lowest Power Price sellers fulfilled first) until Q 0  exhausted  814  ( FIG. 30A ). Based on this logic, a buyer&#39;s order with quantity greater than one may be fulfilled by one or more sellers with various MCPP. On the other hand, a seller can fulfill one or more buyer&#39;s order with the same MCPP. 
     The process determines if Q 0  is equal to Q 1   816  ( FIG. 30B ). If so, it means Sellers met exactly Buyers&#39; Quantity Demanded of this Power Deal. All Buyers of this Power Deal are winning Buyers  818  ( FIG. 30B ). All Sellers of Q 1  are winning Sellers  820  ( FIG. 30B ). The process notifies and sends order confirmation email to winning Buyers  826  ( FIG. 30C ). The process sends order files of winning Buyers to winning Sellers  840  ( FIG. 30D ). The winning Sellers process their orders  842  ( FIG. 30D ). The winning Sellers post their shipment tracking to Power Buy System  846  ( FIG. 30B ). The process calculates Power Buy System Commission  848  ( FIG. 30B ). The process remits sales proceed minus commission to the winning Sellers  844  ( FIG. 30D ). The process calculates and posts loyalty points to the inviters and invitees  850 . The process notifies point information to the inviters and invitees  852  ( FIG. 30B ). The process terminates  854  ( FIG. 30B ). 
     The process determines if Q 0  is less than Q 1   828  ( FIG. 30B ). If so, it means Sellers exceeded Buyers&#39; Quantity Demanded of this Power Deal. All Buyers of this Power Deal are winning Buyers  834  ( FIG. 30B ). Top Sellers of Q 1  (lowest MCPP first) fulfilled enough Q 0  are winning Sellers  836  ( FIG. 30B ). The process notifies the remaining non-winning Sellers  838  ( FIG. 30D ). The process notifies and sends order confirmation email to winning Buyers  826  ( FIG. 30C ). The process sends order files of winning Buyers to winning Sellers  840  ( FIG. 30D ). The winning Sellers process their orders  842  ( FIG. 30D ). The winning Sellers post their shipment tracking to Power Buy System  846  ( FIG. 30B ). The process calculates Power Buy System Commission  848  ( FIG. 30B ). The process remits sales proceed minus commission to the winning Sellers  844  ( FIG. 30D ). The process calculates and posts loyalty points to the inviters and invitees  850  ( FIG. 30B ). The process notifies point information to the inviters and invitees  852  ( FIG. 30B ). The process terminates  854  ( FIG. 30B ). 
     If Q 0  is greater than Q 1 , it means Sellers did not meet Buyers&#39; Quantity Demanded of this Power Deal. Top Buyers with the earliest order timestamp of this Power Deal satisfied Q 1  are winning Buyers  830  ( FIG. 30B ). All Sellers of Q 1  are winning Sellers  832  ( FIG. 30B ). The process notifies and sends order cancellation email to the remaining non-winning Buyers of this Power Deal  822  ( FIG. 30C ). The process issues a release of payment authorization hold for the remaining non-winning Buyers of this Power Deal  824  ( FIG. 30C ). The process notifies and sends order confirmation email to winning Buyers  826  ( FIG. 30C ). The process sends order files of winning Buyers to winning Sellers  840  ( FIG. 30D ). The winning Sellers process their orders  842  ( FIG. 30D ). The winning Sellers post their shipment tracking to Power Buy System  846  ( FIG. 30B ). The process calculates Power Buy System Commission  848  ( FIG. 30B ). The process remits sales proceed minus commission to the winning Sellers  844  ( FIG. 30D ). The process calculates and posts loyalty points to the inviters and invitees  850  ( FIG. 30B ). The process notifies point information to the inviters and invitees  852  ( FIG. 30B ). The process terminates  854  ( FIG. 30B ). 
     Referring now to  FIGS. 11, 31A , B referenced as Auto Price Down process, when the seller checks the Join Power Deal checkbox  81  shown in  FIG. 11  to join Power Deal  900  shown in  FIG. 31A , the process then determines if the Join Power Deal checkbox  81  ( FIG. 11 ) is checked  902  ( FIG. 31A ). If no, then the Automated Price Reduction by Quantity Tier radio button  83  is unselected and disabled  904  ( FIG. 31A ). Also, the Automated Price Reduction by Reduction Rate radio button is unselected and disabled  906  ( FIG. 31A ). The process also marks the seller not joined auto Price Down for this item  908  ( FIG. 31A ). The process terminates  952  ( FIG. 31B ). 
     If the Join Power Deal checkbox  81  ( FIG. 11 ) is checked, then the seller may choose one of two options to Price Down this Power Deal  910  ( FIG. 31A ). The two options are Automated Price Reduction by Quantity Tier or Automated Price Reduction by Reduction Rate. If the Automated Price Reduction by Quantity Tier radio button  83  ( FIG. 11 ) is selected  912  ( FIG. 31A ), then the seller enters Quantity From, Quantity To for each discount tier  914  ( FIG. 31A ). The process then determines if Quantity To is greater than or equal to Quantity From  916  ( FIG. 31B ). If yes, then the seller enters Power Unit Price for each discount tier  918  ( FIG. 31B ) and saves his/her data  920  ( FIG. 31B ). The process then determines if the Power Unit Price is less than the Sell Unit Price  922  ( FIG. 31B ). If no, then the process marks the seller joined Auto Price Down by Quantity Tier for this item  924  ( FIG. 31B ). The process updates Quantity From, Quantity To and Power Unit Price for this item  926  ( FIG. 31B ). The process terminates  952  ( FIG. 31B ). 
     Back at decision  916  ( FIG. 31B ), if the Quantity To is not greater than or equal to Quantity From, then the process shows  928  ( FIG. 31B ) a warning message, requests the seller to re-enter Quantity To and loops back to step  914  ( FIG. 31A ). Back at decision  922 , if the Power Unit Price is not less than Sell Unit Price, then the process shows  930  ( FIG. 31B ) a warning message, requests the seller to re-enter Power Unit Price and loops back to step  918  ( FIG. 31B ). 
     Back at decision  912  ( FIG. 31A ), if the Automated Price Reduction by Quantity Tier radio button is not selected but the Automated Price Reduction by Reduction Rate radio button  85  ( FIG. 11 ) is selected  932  ( FIG. 31A ), then the seller enters Reduction Rate  934  ( FIG. 31A ), enters Floor Price  936  ( FIG. 31B ) and saves his/her data  938  ( FIG. 31A ). The process then determines if the Floor Price is less than or equal to Sell Unit Price  940  ( FIG. 31B ). If yes, then the process updates Reduction Rate and Floor Price for this item  944  ( FIG. 31B ). The process then determines if the seller selects automatically join Power Deals option  946  ( FIG. 31B ). If yes, then the process marks the seller joined Auto Price Down by Reduction Rate with threshold quantity for this item  948  ( FIG. 31B ). The process terminates  952  ( FIG. 31B ). 
     Back at decision  932  ( FIG. 31A ), if the Automated Price Reduction by Reduction Rate radio button  85  ( FIG. 11 ) is not selected, the process terminates  952  ( FIG. 31B ). Back at decision  940  ( FIG. 31B ), if the Floor Price is not less than or equal to Sell Unit Price, then the process shows  942  ( FIG. 31B ) a warning message, requests the seller to re-enter Floor Price and loops back to step  936  ( FIG. 31A ). Back at decision  946  ( FIG. 31B ), if the seller does not select automatically join Power Deals option, the process disable  950  ( FIG. 31B ) the threshold quantity entry  78  ( FIG. 11 ). The process terminates  952  ( FIG. 31B ). 
     Referring now to  FIGS. 3, 14, 32A -C and  34  referenced as Join Power Deal process, the seller may chooses the Seller Portal or Power Buy website to login  1000  ( FIG. 32A ). If the seller is logged into the Power Buy website, the seller may view an item. The process determines if the seller sells this item  1002  ( FIG. 32A ). If yes, (whether viewing from Seller Portal or Power Buy website), the process determines if Power Deal exists for this item  1006  ( FIG. 32A ). If the item does have the Power Deal activated, then the process shows Systems&#39; Initial Power Price (SIPP)  43  ( FIG. 14 ), System&#39;s Current Power Price (SCPP)  45  ( FIG. 14 ), count of joining buyers and Quantity Demanded  42  ( FIG. 3 )  1008  ( FIG. 32B ). If the seller does not sell this item  1002  ( FIG. 32A ) or the Power Deal does not exist for this item  1006  ( FIG. 32A ), then the process hides the Join Power Deal button  1004  ( FIG. 32B ). The process terminates  1050  ( FIG. 32C ). The process then determines if the seller has joined the Power Deal  1010  ( FIG. 32B ). If no, then the process shows the Join Power Deal button  1014  ( FIG. 32B ). As the seller clicks on the Join Power Deal button  1016  ( FIG. 32B ), the process shows a web page for the seller to enter Power Deal information as shown in  FIG. 34 . The seller enters Power Deal Quantity  1018  ( FIG. 32B ). The process determines if seller is the first seller of the Power Deal  1020  ( FIG. 32B ). If no, seller enters new Power Price  1030  ( FIG. 32C ). The seller agrees with the terms and conditions of the Power Deal and saves new Power Price  1032  ( FIG. 32C ). The process then determines if the new Power Price is greater than or equal to System&#39;s Current Power Price (SCPP)  1034  ( FIG. 32C ). If yes, the process shows an error message, requests the seller to re-enter new Power Price  1036  ( FIG. 32C ) and loops back to step  1030  ( FIG. 32C ). At decision  1034  ( FIG. 32C ), if new Power Price is not greater than or equal to SCPP, then the process marks the seller joined the Power Deal of this item  1038  ( FIG. 32C ). The process updates Seller&#39;s Current Power Price (MCPP) and System&#39;s Current Power Price (SCPP) to be new Power Price and updates Seller&#39;s Power Unit Price to be new Power Price minus Standard Shipping minus Handling Fee  1040  ( FIG. 32C ). The process notifies sellers selling this item based on their notification settings  1042  ( FIG. 32C ), notifies buyers joining this Power Deal based on their notification settings  1044  ( FIG. 32C ) and notifies followers based on their notification settings  1046  ( FIG. 32C ). The process requests to run Automated Price Reduction by Reduction Rate job  1048  ( FIG. 32C ). The process terminates  1050  ( FIG. 32C ). 
     Back at decision  1010  ( FIG. 32B ), if the seller has joined the Power Deal, then the process shows the Price Down button  1012  ( FIG. 32B ) and the process terminates  1050  ( FIG. 32C ). Back at decision  1018  ( FIG. 32B ), if the seller is the first seller of the Power Deal, new Power Price is set to System&#39;s Initial Power Price (SIPP)  1022  ( FIG. 32B ). Seller may edit new Power Price to a lower number than SIPP  1024  ( FIG. 32C ). Seller agrees with the terms and conditions of the Power Deal and saves new Power Price  1026  ( FIG. 32C ). The process determines if new Power Price is greater than or equal to SIPP  1028  ( FIG. 32C ). If no, the process continues to step  1036  ( FIG. 32C ) to mark seller joined Power Deal of this item ( FIG. 32A ). If yes, the process loops back to step  1024  ( FIG. 32C ) for the seller to re-enter new Power Price. 
     Glossary: 
     Item refers to and is not limited to a product, service, gift certificate, voucher, coupon, deal. 
     Power Deal is initiated by the first buyer who specifies its duration and commits to purchase the item offered by zero ore more sellers at the System&#39;s Initial Power Price or lower. Once a Power Deal is created, more buyers and sellers will join the deal. If no seller has joined Power Deal when the Power Deal ends, there will be no winner. Otherwise, the Power Buy System will determine winning Buyers and winning Sellers. 
     Power Buyer is a user of the Power Buy Systems that joins a Power Deal. 
     Power Buyer Lead is a group of Power Buyers with the most successful rate of winning Power Deal at the lowest winning price and the most volume. 
     Quantity Demanded is the aggregate quantity committed of Power Buyers in a Power Deal. 
     Crowd Source describes user&#39;s actions of Power Buy Systems to invite and aggregate other interested buyers to join a Power Deal to increase Quantity Demanded through their network of contacts via but not limited to Social Media, email, SMS/MMS to attract the sellers to further lower their Power Price. 
     Power Buy describes an action of one or more buyers joining a Power Deal to purchase the item at the System&#39;s Initial Power Price or lower. 
     Join Power Deal describes the action of sellers joining a Power Deal to commit to sell the item to the committed buyers at a Power Price lower than the System&#39;s Current Power Price. 
     Price Down describes the action of sellers to set their Seller&#39;s Current Power Price (MCPP) to be lower than a System&#39;s Current Power Price (SCPP) in an attempt to win the Power Deal. 
     Auto Price Down describes the action of Power Buy System&#39;s automation job to Price Down Power Price based on seller&#39;s setting for Power Deal. This feature is exclusive for a paid subscription by a seller. Options to Auto Price Down include and is not limited to Auto Price Down by Quantity Tier, Auto Price Down by Reduction Rate. 
     Reduction Rate is an incremental amount the Power Price will be lowered each time via an Auto Price Down by Reduction Rate option. 
     Floor Price is the lowest possible Power Unit Price of a Power Deal via an Auto Price Down by Reduction Rate option. 
     Sell Unit Price is the item unit price offered with a Buy Now button. 
     Buy Now price or Sell Price is the lowest price, including a Sell Unit Price, Standard Shipping and Handling Fee, offered among sellers outside of a Power Deal. 
     Power Unit Price is the item unit price offered by some specific seller for a Power Deal with a Power Buy button. 
     Power Price or Seller/Merchant&#39;s Current Power Price (MCPP) is the current lowest Power Price of the seller/merchant including a Power Unit Price, Standard Shipping and Handling Fee. 
     System&#39;s Current Power Price (SCPP) is the current lowest Power Price among sellers joining the Power Deal. 
     System&#39;s Initial Power Price (SIPP) is the starting Power Price of a Power Deal which may be at least a threshold percentage (which is pre-defined based on but not limited to category, brand or any combination thereof) below the Buy Now price. By way of example and not limitation, the threshold percentage may be 10%, 15%, 20%, 30%, 40%, 50% or any percentage below the Buy Now price. 
     The Address Verification System (AVS) is a system used to verify the address of a person claiming to own a credit card by verifying the billing address of the credit card provided by the user with the address on file at the credit card company. 
     Short Message Service (SMS) is a text messaging service component of phone, Web, or mobile communication systems. 
     MMS extends text messaging to include longer text, graphics, photos, audio clips, video clips, or any combination of the above, within certain size limits. 
     mgSKU is Power Buy System SKU 
     The above description is given by way of example, and not limitation. Given the above disclosure, one skilled in the art could devise variations that are within the scope and spirit of the invention disclosed herein. Further, the various features of the embodiments disclosed herein can be used alone, or in varying combinations with each other and are not intended to be limited to the specific combination described herein. Thus, the scope of the claims is not to be limited by the illustrated embodiments.