The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jan. 31, 2012

Filed:

Feb. 22, 2011
Applicants:

Brett Bracewell Bonner, New Richmond, OH (US);

Titus Arthur Jones, Hebron, KY (US);

Nathaniel Wellikoff, Mason, OH (US);

Eric Eilertsen, Germantown, TN (US);

Inventors:

Brett Bracewell Bonner, New Richmond, OH (US);

Titus Arthur Jones, Hebron, KY (US);

Nathaniel Wellikoff, Mason, OH (US);

Eric Eilertsen, Germantown, TN (US);

Assignee:

Sunrise R&D Holdings, LLC, Cincinnati, OH (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 30/00 (2006.01);
U.S. Cl.
CPC ...
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.


Find Patent Forward Citations

Loading…