METHOD TO MAXIMIZE AND STABILIZE MARKET SHARE AND PROFITS

• US 20100262511A1
• Filed: 07/07/2009
• Published: 10/14/2010
• Est. Priority Date: 12/20/2007
• Status: Abandoned Application

• Current Assignee: Thomas Shih An Lee
• Original Assignee: Thomas Shih An Lee
• Inventors: Lee, Thomas Shih An
• Application Number:
  US12/498,705
• Publication Number:
  US 20100262511A1
• Time in Patent Office: Days
• US Class Current: 705/26
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

The method of the invention is based on a membership-only association (“MOA”). Preferably, the MOA operates as a not-for-profit entity having a formal organization such as a corporation or LLC. MOA receives membership fees to pay for accounting fees, legal fees, product liability insurance, and year-end buy backs of dead back-up inventory. The MOA solicits retailers, designers, wholesalers, and manufacturers, or some combination thereof, to become members of the association. Applicants for membership are screened based on criteria determined by founding members of the MOA. Once accepted, the prospective member enters into a contractual relationship with the MOA. The types of members include, by way of example, Design Members, Supply Members, Logistical Wholesale Members, and Retail Members. Administration, logistics, and communications among the Design, Retail, and Logistical Wholesale Members are facilitated by a Support Entity.

Claims

1. A retail business method comprising the steps of:

a) forming an Association, wherein the Association comprises a Retail Member and a Support Entity;

b) the Retail Member transmitting a retail order to the Support Entity for goods;

c) the Support Entity transmitting a supply order to a supplier, wherein the order is for the goods of Step b);

d) the supplier supplying the goods ordered at Step c);

e) the Retail Member receiving the goods supplied at Step d);

f) the Retail Member disbursing a payment to the Support Entity for the goods received at Step e), and the Support Entity receiving the payment; and

,

g) the Support Entity disbursing a portion of the payment received at Step f) to the supplier.

2. The method of claim 1 wherein the Support Entity comprises a Support Member.

3. The method of claim 1 wherein the Association formed at Step a) further comprises a Supply Member, and wherein the Supply Member is the supplier.

4. The method of claim 1 wherein the Association formed at Step a) further comprises a Logistical Wholesale Member, and wherein Step d) is performed by the supplier supplying the goods to the Logistical Wholesale Member, and wherein the method further comprises the step of the Logistical Wholesale Member shipping the goods to the Retail Member.

5. The method of claim 4 further comprising the steps of:

h) the Support Entity disbursing a portion of the payment received to at Step f) to the supplier; and

i) the Support Entity disbursing a portion of the payment received at Step f) to the Logistics Wholesale Member.

6. The method of claim 1 wherein the portion of the payment disbursed at Step f) is determined by reference to a fee disbursement formula.

7. Computer-readable media upon which are written computer executable instructions for performing Steps b), c), f), and g) of the method of claim 1.