SYSTEM AND METHOD FOR MANAGING A SINGLE POINT OF SALE OF PLURALITY OF MERCHANDISE FROM PLURALITY OF RETAILER

• US 20150242829A1
• Filed: 02/24/2014
• Published: 08/27/2015
• Est. Priority Date: 02/24/2014
• Status: Abandoned Application

• Current Assignee: Michael Mahesh Bhaskaran
• Original Assignee: Michael Mahesh Bhaskaran
• Inventors: Bhaskaran, Michael Mahesh
• Application Number:
  US14/187,757
• Publication Number:
  US 20150242829A1
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 10/083 Shipping
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 30/0225 Avoiding frauds
• CPC Class Codes: G06Q 30/0238 at point-of-sale [POS]
• CPC Class Codes: G06Q 30/0635 Processing of requisition or of purchase orders

Abstract

The invention discloses a system that includes a merchandise aggregation module configured for displaying and selling a plurality of merchandise for sale from a plurality of participating retailers. The system also includes a crowd sourcing module to provide discount information regarding the plurality of merchandise of the participating retailers to the merchandise aggregation module. The system further has an order processing module to receive a plurality of purchase order from a plurality of customers, process the purchase orders and deliver the merchandise ordered by the customer. The system provides different ways of delivering the merchandise according to the customer requirement. The system also helps the local retailers to increase the foot traffic to their store by sharing the discount sale to the customers.

Claims

1. A system for managing a single point of sale of plurality of merchandise from plurality of retailers, the system comprises:

a) a merchandise aggregation module configured to display and sell a plurality of merchandise from a plurality of participating retailers;

b) a crowd sourcing module configured to provide discount information regarding the plurality of merchandise of the participating retailers to the merchandise aggregation module;

c) an order processing module configured to receive a plurality of purchase orders from a plurality of customers wherein the order processing module processes the purchase orders and delivers the merchandise to the customers.

2. The system as claimed in claim 1, wherein the crowd sourcing module enables a crowd sourcing agent to provide discount information to the merchandise aggregation module.

3. The system as claimed in claim 2, wherein the crowd sourcing agent is at least one of a reseller, retailer or store associate.

4. The system as claimed in claim 2, wherein the crowd sourcing module is further configured to check the authenticity of the discount information provided by the crowd sourcing agent.

5. The system as claimed in claim 1, wherein the crowd sourcing module is further configured to send the discount information to a plurality of platforms.

6. The system as claimed in claim 1, wherein the merchandise aggregation module further enables merchants to offer a combination of merchandise for sale at a single price.

7. The system as claimed in claim 1, wherein the order processing module provides the customer with a plurality of delivery options.

8. The system as claimed in claim 7, wherein the plurality of delivery options has at least one of:

i. to receive the ordered merchandise at the store;

ii. to deliver to an address specified by the customer; and

,

iii. to pick up the merchandise from a mall box.

9. The system as claimed in claim 1, wherein the order processing module is further configured to track shipment of the ordered merchandise by the customer.

10. The system as claimed in claim 8, wherein mall box is a box with a plurality of slots for securely keeping the ordered merchandise for the customer who has opted for pickup from the mall box.

11. The system as claimed in claim 1, wherein the order processing module is further capable of printing a shipping label for the order received from the customer.

12. The system as claimed claim 10, wherein the order processing module further includes a mobile robot configured to collect the plurality of ordered merchandise by the plurality of customers from a plurality of stores to the slots in the mall box.

14. The system as claimed in claim 10, wherein an order which is not received by the customer is returned to the merchant'"'"'s store by the mobile robot.

15. The system as claimed in claim 8, wherein the mall box has doors configured to display advertisements.

16. The system as claimed in claim 1, the system further comprises an incentive module for distributing commission to the crowd sourcing agents.

13. The system as claimed in 10, wherein the slot of the mall box includes secure locking facility.

17. A method for managing a single point of sale of a plurality of merchandise from a plurality of retailer, the method comprising the steps of:

a) displaying and offering for sale a plurality of merchandise from a plurality of participating retailers;

b) providing discount information regarding the plurality of merchandise of the participating retailers by at least one of the crowd sourcing agents;

c) receiving a plurality of purchase orders from a plurality of customers;

d) processing the purchase orders and delivering the merchandise ordered by the customer.

18. The method as claimed in claim 17, wherein the step of delivering the merchandise has a plurality of options for delivering the merchandise.

19. The method as claimed in claim 18, wherein the plurality of options for delivering the merchandise is at least one of:

a) receiving the ordered merchandise at the store;

b) delivering the ordered merchandise to an address specified by the customer; and

,

c) picking up the merchandise from a mall box.

20. The method as claimed in claim 18, wherein the step of delivering the merchandise further includes the steps of:

i. identifying the orders placed by plurality of customers;

ii. collecting the merchandise according to the order placed, packing and labelling the merchandise with an address provided by the customer; and

,

iii. identifying the delivery option selected by the customer and delivering the merchandise according to the selected delivery option.