Development of AJAX – Based Inverse Auction Website

When a person is superfluous of something and another is lack of something, there is a need of exchanging. That was the time when commerce was born to act as a useful platform to satisfy the needs from both the sellers and buyers. Nowadays, with the rapid increase of Internet and all of its applications, E-commerce has no longer been an unfamiliar term to most of the world. E-commerce has been gaining more and more recognition and positive support from its users. There are various kinds of e-commerce scheme to be developed to meet the changing needs in this globalizing world. The purpose of this report is to introduce a platform for the sellers and buyers to exchange goods effectively with the new mechanism applied, which is called “Inverse Auction”, or in specific, “lowest unique bid auction”. This “new-invented” mechanism is being developed as a new feature in the online shopping website to attract more user participations by bringing them more values and conveniences. The report presents how the system works, how better the proposing website can deliver the products, services to the users, as well as the methodology, tools, techniques needed to implement the project successfully within the timeframe. This paper also shows some researches on the existing websites that are applying the same concept into their business to help bring the deeper understand on lowest unique bid auction and contribute to the improvement in the project design and implementation.