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auction update - reverse bidding?

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auction update - reverse bidding?
This is something that can be added in as well.

Basically, it would work as a "want ad" where a user posts something they are looking for, and the maximum amount they would like to spend, as well as the time frame -- end date, open, etc.

Sellers try to undercut each other to make the sale.

Some companies have tried this with different ideas, and twists, but the most reasonable use of this is a want-list.

Say you run a trading card site. A user would post I want card-A at $3.50. A vendor is willing to sell at that. Another is willing to sell at $3.25. etc.

Several users can post They want card-A at $3.50, $3.70, $3.52, etc.

Vendors can try to make a sale on any of those.

Question? Is this something you see a use for?
What about end-times? I can see it being a fixed-time-span, or "open". Or even user-ended.

Oh the power when one writes code :) <G>

Because of the potential many-to-one relationship this sets up, and only a one-to-one solution (for the most part) I don't see the viability of this as a real "auction", except where vendors have multiples of the item available (such as with duplicate cards). It would seem more like a "want ad".

That's why I'm asking. Any sites need something like this? Any ideas on how it should be implemented?

(I need a break from the templates <sigh>... boring! <G>).

PUGDOGŪ
PUGDOGŪ Enterprises, Inc.
FAQ: http://postcards.com/FAQ


Subject Author Views Date
Thread auction update - reverse bidding? pugdog 3331 Nov 20, 2000, 10:23 AM
Thread Re: auction update - reverse bidding?
Stealth 3245 Nov 21, 2000, 8:30 AM
Thread Re: auction update - reverse bidding?
pugdog 3236 Nov 21, 2000, 2:32 PM
Thread Re: auction update - reverse bidding?
Stealth 3308 Nov 21, 2000, 2:39 PM
Thread Re: auction update - reverse bidding?
pugdog 3230 Nov 21, 2000, 2:56 PM
Thread Re: auction update - reverse bidding?
padders 3212 Nov 21, 2000, 6:08 PM
Thread Re: auction update - reverse bidding?
pugdog 3205 Nov 22, 2000, 3:00 PM
Post Re: auction update - reverse bidding?
pugdog 3182 Nov 23, 2000, 9:29 PM