TERRACE-BASED COMPUTER SYSTEM FOR SALE AND PURCHASE OF ITEMS AND PRODUCTS

摘要

The invention provides an apparatus and system and computer management for regulating an on-line sale through a communication network. With the present invention, the seller is able to present their product at an optimum price and gradually decrease that price at the pre-arranged published "price drop" levels until the product sells or is removed from the on-line sale. These "price drop" levels can be set as uniform decreases or can be set individually by the seller. Purchasers can also place advanced future "reserve" commitments to purchase at pricing below the current asking price for a particular item.