Invention Grant
- Patent Title: Seller dashboard and reserve price lowering
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Application No.: US14213386Application Date: 2014-03-14
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Publication No.: US10380680B2Publication Date: 2019-08-13
- Inventor: Robert Friedman
- Applicant: Ten-X, LLC
- Applicant Address: US CA Irvine
- Assignee: Auction.com, LLC
- Current Assignee: Auction.com, LLC
- Current Assignee Address: US CA Irvine
- Agency: Fish IP Law, LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q30/08 ; G06Q30/06

Abstract:
A method and system for a seller auction dashboard and reserve price lowering are described. The system generates a dashboard presentation that displays real-time information about each of a seller's auctions including a current price, reserve price, and an indicator of whether the latest bid was set by a prospective buyer or the seller masquerading as a buyer. The dashboard also indicates which auctions are below their reserve prices and displays reserve price suggestions and success probabilities based on qualitative and quantitative metrics.
Public/Granted literature
- US20140279153A1 SELLER DASHBOARD AND RESERVE PRICE LOWERING Public/Granted day:2014-09-18
Information query