Abstract: A marketplace server computer for sale of stated value vouchers via an online marketplace. The vouchers are presented in a particular manner allowing for effective inventory management using rule-based approval of sales. The method involves receiving a vendor's commitment to sell vouchers, and maintaining a website for displaying a for-sale listing identifying the vouchers. Sales of vouchers are approved in accordance with predetermined rules, which rules may be changed by the vendor over time, and during a single for-sale listing of a single lot of vouchers. The for-sale listing may identify a maximum number of vouchers for sale, although more than the maximum number may be sold. Each buyer is thus encouraged to provide a buyer-specific highest acceptable bid for a voucher, and the vendor thus provides a buyer-specific discount that is the minimum acceptable discount for each particular buyer, provide that such bid is acceptable to the vendor.
Type:
Application
Filed:
February 12, 2009
Publication date:
September 1, 2011
Applicant:
Y.S. Shpun LLC
Inventors:
Shlomo Shpun, Yaakov Shpun, Michael Dershem
Abstract: A marketplace server computer for sale of stated value vouchers via an online marketplace. The vouchers are presented in a particular manner allowing for effective inventory management using rule-based approval of sales. The method involves receiving a vendor's commitment to sell vouchers, and maintaining a website for displaying a for-sale listing identifying the vouchers. Sales of vouchers are approved in accordance with predetermined rules, which rules may be changed by the vendor over time, and during a single for-sale listing of a single lot of vouchers. The for-sale listing may identify a maximum number of vouchers for sale, although more than the maximum number may be sold. Each buyer is thus encouraged to provide a buyer-specific highest acceptable bid for a voucher, and the vendor thus provides a buyer-specific discount that is the minimum acceptable discount for each particular buyer, provide that such bid is acceptable to the vendor.
Type:
Application
Filed:
February 12, 2009
Publication date:
August 13, 2009
Applicant:
Y.S. Shpun LLC
Inventors:
Shlomo Shpun, Yaakov Shpun, Michael K. Dershem