Multiple Criteria Buying and Selling Model
A multiple criteria buying and selling system and method is provided. A seller initially establishes a deal structure for a product, which provides seller defined selling criteria information relating to the purchasing of the product, such as volume per unit price, quality, delivery time and warranty information. A buyer will be able to review a list of deals if the seller's selling criteria matches a buyer defined buying criteria. The deal structure is preferably set up so as to provide buyers with both price and non-price criteria information that the buyer's would consider important in a purchase of the type of product being offered by the seller. The deal structure is electronically made available to potential buyers of the product. For example, the deal structure may be displayed on an Internet site.
1 . A system for conducting business electronically, comprising:
a central server;
at least one computer system coupled to the server via a network;
wherein a plurality of deals for a product offered for sale electronically is stored in the central server, each of the plurality of deals having different seller defined selling criteria, and wherein the server is configured to receive orders for the product from a plurality of different buyers via the at least one remote computer system, by providing the plurality of buyers with at least one deal of the plurality of deals matching a plurality of buyer defined buying criteria.
2 . The system of claim 1 , wherein the server is configured to provide the plurality of different buyers access to view the at least one of the plurality of deals via one or more of the at least one remote computes.
3 . The system of claim 1 , wherein the server is configured to provide the plurality of different buyers with deals that the buyer defined buying criteria match the seller defined selling criteria.