Online members shopping club sales system and scaled bidding process

摘要

The present invention relates to and describes a method and system for Internet shoppers to purchase products at discounted prices using a members only scaled bidding process within an online shopping club. Internet shoppers would become members of a shopping club described in the present invention paying for the membership right and being granted with their membership a number of bids to be used within the shopping club before their membership expires. The shopping club would than use the membership fee to purchase items to be later bid upon by the members using a sliding scaled bidding process described in detail herein. By allowing members to now bid on items that the club has purchased, items are in essence already paid for by the members and not the shopping club, so members may bid ridiculously low dollar amounts in order to be the winning bid and win the right to purchase an item with no fear of bidding to high for the member is not obligated to purchase the item after they are the winning bid. Members with losing bids may still be afforded the option of purchasing the item at the winning bid amount if certain conditions are met.