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1. (WO2001033464) CUSTOMER DEMAND-INITIATED SYSTEM AND METHOD FOR ON-LINE INFORMATION RETRIEVAL, INTERACTIVE NEGOTIATION, PROCUREMENT, AND EXCHANGE

Pub. No.:    WO/2001/033464    International Application No.:    PCT/US2000/030249
Publication Date: Fri May 11 01:59:59 CEST 2001 International Filing Date: Thu Nov 02 00:59:59 CET 2000
IPC: G06Q 30/00
Applicants: SOLOMON, Neal, E.
Inventors: SOLOMON, Neal, E.
Title: CUSTOMER DEMAND-INITIATED SYSTEM AND METHOD FOR ON-LINE INFORMATION RETRIEVAL, INTERACTIVE NEGOTIATION, PROCUREMENT, AND EXCHANGE
Abstract:
A method and system are described for automated electronic-commerce procurement of services, products or bundles. The method provides a demand-based, information-specific negotiation process. Customers can initiate bidding with selected sellers in the system in a multivariate format based on numerous factors. Detailed information on services and products is available for the customer in order to make informed petitions. The system consists of four main modules: registration (1000), information (2000), procurement (3000), and transaction and post-sale processing (8000).