A continuous online auction system and method enabling the auctioning of
products. An online product auction system comprises an auction center
having a microprocessor operably connected to a storage media. The online
product auction system also includes a product receive module configured
to execute in the auction center. The product receive module is further
configured to receive a set of product data for a first product to be
auctioned wherein the product data includes one or more seller
parameters. The online product auction system further includes a seller
proxy module configured to execute in the auction center. The seller
proxy module is configured to modify one or more seller parameters for
the product based upon one or more auction parameters for the first
product.