Mall Bid

• US 20100293068A1
• Filed: 05/17/2010
• Published: 11/18/2010
• Est. Priority Date: 05/15/2009
• Status: Abandoned Application

• Current Assignee: Georgios Stoikos, John Karantonis, Niko Drakoulis
• Original Assignee: Georgios Stoikos, John Karantonis, Niko Drakoulis
• Inventors: Karantonis, John, Drakoulis, Niko, Stoikos, Georgios
• Application Number:
  US12/781,408
• Publication Number:
  US 20100293068A1
• Time in Patent Office: Days
• US Class Current: 705/26.8
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A mall bid server is coupled to retailers within a geographic boundary of a mall. The mall server receives bids from authenticated consumers via wireless communication devices for bid products offered during a bid event. The winning bid from one consumer is selected and allows the consumer to pick up the bid product at the participating retailer at the bid price.

Claims

1. A method of selling products comprising the steps:

defining a localized area within a predetermined geographic boundary containing at least one product retailer;

providing a first communication pathway between a server and at least one consumer communication device;

establishing a second communication pathway between the server and the at least one retailer processor;

allowing the at least one retailer within the mall to offer at least one product for bid in a bid event;

establishing bid event parameters;

accepting the bids for the at least one product in the bid event from the consumers;

authorizing the purchase of the at least one product at the conclusion of the bid event at a bid price; and

completing the purchase transaction of the product by the consumer who placed the bid.

2. The method of claim 1 wherein the step of defining the localized area further comprises the step of:

defining the localized area as the perimeter of a fixed located shopping mall.

3. The method of claim 1 further comprising:

publically displaying the products offered during the bid event in the localized area.

4. The method of claim 1 further comprising the step of:

displaying the then current highest bid for each bid product during the bid event in the localized area.

5. The method of claim 1 further comprising the steps of:

determining the geographic location of a consumer; and

allowing the consumer to enter a bid during the bid event when the consumerist in a predetermined distance of the localized area.

6. The method of claim 1 wherein:

allowing a consumer to place a bid during the bid event only when the consumer is within the localized area.

7. The method of claim 1 further comprising:

downloading an application program to a mobile device carried by a consumer to facilitate bidding by the consumer during the bid event.

8. The method of claim 1 further comprising:

automatically downloading current bid event information to a consumer device containing the application program when the consumer is detected within the localized area.

9. The method of claim 1 further comprising the step of:

downloading an application program to at least one of a consumer mobile wireless device and a consumer remote processor based device.

10. The method of claim 1 further comprising the step of:

detecting the presence of a consumer within the localized area.

11. The method of claim 1 wherein the step of establishing bid events parameters further comprises the steps of:

establishing a bid period having a start time and an end time; and

communicating characteristics of the at least one product offer during the bid period to consumers.

12. The method of claim 1 wherein the step of completing the purchase transaction comprises the steps of:

verifying the credentials of the consumer with the acceptable bid for the at least one offered product from the at least one retailer; and

transferring consumer pickup of the at least one product to the consumer.

13. The method of claim 1 further comprising the step of:

receiving wireless bids from consumers for bid event products.

14. The method of claim 1 further comprising the step of:

receiving bids from consumers for the bid event products through the Internet.

15. The method of claim 1 further comprising the step of:

defining the bid event as an auction having an end time.

16. The method of claim 15 wherein the step of completing the transaction further comprises the step of:

transferring the product to the consumer who made the highest bid for an product.

17. The method of claim 15 wherein the mall server further includes:

means for visually displaying the auction products in the mall during the auction.

18. The method of claim 15 wherein the mall server further includes:

means for displaying auction bids for each auction product during the auction.

19. The method of claim 1 further comprising the steps of:

providing a virtual bid mall control; and

providing communication pathways between the virtual bid mall control and any of the consumer communication devices and the mall server.

20. An apparatus for commercial product transactions comprising:

means for defining a localized area within a predetermined geographic boundary containing at least one product retailer;

means for providing a first communication pathway between a server and at least one consumer communication device;

means for establishing a second communication pathway between the server and the at least one retailer processor;

means for allowing the at least one retailer within the mall to offer at least one product for bid in a bid event;

means for establishing bid event parameters;

means for accepting the bids for the at least one product in the bid event from the consumers;

means for authorizing the purchase of the at least one product at the conclusion of the bid event at a bid price; and

means for completing the purchase transaction by the consumer who placed the bid.

21. An apparatus for commercial product transactions comprising:

a mall server;

a computer network of at least one retailer within a localized area within a predetermined geographic boundary defining a shopping mall;

a first communication pathway providing communication between the mall server and at least one of a mobile wireless device and a computer processor associated with a consumer;

a second communication pathway providing information between the mall server and the retailer network to facilitate the establishment of a product bid period offering at least one product from the at least one retailer for sale;

the mall server facilitating bid event characteristics through the first communication pathway between the at least one consumer device and the mall server to receive bids from the consumer via the at least one consumer device for the at least one product offered during the bid period; and

the at least one consumer communication device including a software application which is capable of receiving bid event characteristic information from the mall server and to enter bids from the consumer to the mall server for the at least one product offered during the bid event.

22. The apparatus of claim 21 further comprising:

a virtual bid management control server disposed in data communication with any of the at least one consumer communication device and the mall server to facilitate information exchange between the at least one consumer device and the mall server;

23. An apparatus for purchasing products by a consumer comprising:

each consumer having a communication device;

a server transmitting product information offered during a bid event from a plurality of retailers located within a predetermined geographic boundary;

the server receiving product purchase bids from the consumers for the products offered during a bid event by a first communication pathway; and

authorizing the purchase of the products by consumers at the completion of the bid event;

24. The apparatus of claim 24 further comprising:

the retailers within the predetermined geographic boundary coupled by a second communication pathway with the mall server for exchanging information relating to the products offered by the retailers in a bid event and purchase information relating to consumers making a bid.