PROGRESSIVE LOT BIDDING FOR ONLINE AUCTIONS

摘要

A bidding process is initiated for a lot of multiple items. Upon the bidding process being complete, a highest bid is determined for the lot of multiple items. A highest bidder is prompted to select a number of items from the lot of multiple items for transaction based on the highest bid. A number of remaining items are determined after the selected number of items are removed from the lot. For a duration of time, one or more other auction participants are prompted to select any one or more of the remaining items for transaction based on the highest bid. After the duration, a second bidding process is initiated for a lot of multiple remaining items that were not selected for transaction by the one or more other participants.

主权项

1. A computer-implemented method for conducting an online auction, the method implemented by one or more processors and comprising:
initiating a first auction for a lot of multiple items; upon completion of the auction, determining a highest bid corresponding to a highest bidder for the lot of multiple items; prompting the highest bidder to individually select one or more of the multiple items in the lot for transaction based on the highest bid; removing the selected items from the lot, resulting in a lot of remaining items; in response to removing the selected items, prompting, for a duration of time, auction participants to select one or more of the remaining items for transaction based on the highest bid; removing the selected one or more of the remaining items from the lot of remaining items, resulting in a final lot of items; after the duration of time, initiating a second auction for the final lot of items.