Online bidding system with interactive voice recognition interface

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 com...

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Bibliographische Detailangaben
Hauptverfasser:	BAUER DAVID J, ADAIR AARON J
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:	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.