Dynamically updating bidding parameters for online auctions
US10592977B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Jan 17, 2019 |
| Grant date | Mar 17, 2020 |
| Priority date | — |
| Expiry date | Jan 17, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A dynamic auction webpage for an online auction is presented on a user device. The dynamic auction includes a bidder interface that enables a user to submit a bid on an asset associated with the dynamic auction webpage. The bidder interface displays one or more bidding parameters associated with a subsequent bid to be submitted via the bidding interface. The one or more bidding parameters is one or more of: a current bid, a next bid, or a bid increment. While the online auction is being conducted, an indicator of interest in the online auction is determined based at least in part on activity data associated with the online auction, including a page view count maintained by the network system for the dynamic auction webpage. At least one of the one or more bidding parameters is determined based on the indicator of interest and the bidder interface is dynamically updated.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.