Method of direct-to-consumer reverse logistics

Details Method of direct-to-consumer reverse logistics Method of direct-to-consumer reverse logistics

2011-03-29

2011-03-29

Shah, Amee A (Department: 3625)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C370S406000

Reexamination Certificate

active

07917405

ABSTRACT:
A method of reverse logistics using an auction to sell products directly to consumers from a store instead of using a third party reclamation company. One or more methods of auctioning one or more typically unsalable items directly to purchasers from a retail store including the steps of providing a communications multi-network having at least one logic engine, at least one star communication network through which non-location data is transferred to said logic engine, and at least one mesh communication network through which location data is transferred to said logic engine. The method further includes the steps of locating products for purchase that are eligible to be auctioned, the scanning of product codes of each auctionable product, tracking the scanning device in the store, transmitting auctionable product data through the star communication network, sorting auctionable products into at least one bundled lot for sale, producing a unique identifier for each bundled lot, initiating a direct-to-consumer auction for the sale of each bundled lot, and auctioning each bundled lot to a best bidder in the auction.

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