Patent ID: 8725620

Claim:
A method for negotiating improved terms for a product or service being purchased over the Internet, the method comprising: receiving, by a computer system, information indicating one or more default purchasing standards for a purchaser using an Internet web site to purchase said product or service; detecting, by said computer system, an issuance of a commitment to purchase with associated terms for said product or service being purchased by the purchaser using the Internet web site; making, by said computer system, an offer to said purchaser for negotiating said improved terms within a specified time; in response to said purchaser accepting said offer: conducting, by said computer system, a search for said improved terms within said specified time; receiving, by said computer system, information regarding a plurality of offers for said product or service within said specified time; rejecting, by said computer system, one or more of the plurality of offers based on the default purchasing standards; and presenting, by said computer system, one of the plurality of offers to the purchaser, wherein the presented offer includes said improved terms.