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Method of direct-to-consumer reverse logistics

  • US 7,917,405 B2
  • Filed: 03/26/2010
  • Issued: 03/29/2011
  • Est. Priority Date: 07/14/2008
  • Status: Active Grant
First Claim
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1. A method of auctioning one or more items directly to purchasers from a retail store, comprising:

  • a. Providing store shelves in said retail store and products for purchase on said store shelves;

    b. Providing a communications multi-network in said retail store, havingi. At least one logic engine;

    ii. At least one star communication network through which non-location data is transferred to said logic engine; and

    iii. At least one mesh communication network through which location data is transferred to said logic engine;

    c. Locating said products for purchase on said store shelves of said retail store eligible to be auctioned, said products for purchase eligible to be auctioned being auctionable products;

    d. Scanning a product code of each said auctionable product with a scanning device, said scanning producing auctionable product data;

    e. Tracking said scanning device in said retail store, said scanning device producing location data at each said scan of said product code of each said auctionable product and transmitting said location data through said mesh communication network to said logic engine;

    f. Transmitting said auctionable product data through said star communication network;

    g. Sorting said auctionable products into at least one bundled lot for sale in said retail store;

    h. Producing a unique identifier for each said bundled lot, said unique identifier having machine readable indicium;

    i. Initiating a direct-to-consumer auction for the sale of each said bundled lot directly to said one or more purchasers; and

    j. Auctioning each said bundled lot in said auction to said one or more purchasers whereby each said one or more purchasers is selected from the group consisting of a highest bidder in said auction from said retail store and a best bidder in said auction from said retail store.

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