Online bidding system with interactive voice recognition interface
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United States of America Patent
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N/A
Issued Date -
N/A
app pub date -
Jun 25, 2004
filing date -
Jun 18, 2003
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
An online auction system comprising a preliminary bidding portion and a virtual auction portion is disclosed herein. The preliminary bidding portion allows bidders to access auction items and input bids during a preestablished period of time. This preliminary bidding portion may be conducted via computers connected to the internet or via telephones connected to the public telephone network. After the preliminary bidding portion concludes, the virtual auction portion allows bidders to input bids on each item in a manner similar to a conventional live auction. During the virtual auction portion, a countdown encourages further bidding before the previous bid becomes final. After each new bid is inputted, the countdown is reinitiated. An alert system notifies bidders that a particular item of interest is about to be offered for bid as part of the virtual auction portion. The system also provides bidders means for inputting proxy bids.
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