METHOD AND SYSTEM FOR CONDUCTING A SALE ON THE INTERNET WITH DISCOUNTS AS A FUNCTION OF TIME

摘要

The invention provides a method and website for displaying a product for sale at a starting price selected by the seller and adjusting the price downward in at least two percentage increments, wherein the percentages are preselected by the website to be applied at increments of time during a limited term of sale selected by the seller. Buyers can select a current price or a future discounted price. When a current price has been offered the offer is accepted and the sale is completed in a usual and customary manner.