US2013268389A1PendingUtilityA1

System and method for offering multiple products

70
Assignee: WALKER DIGITAL LLCPriority: Mar 2, 1999Filed: Jun 1, 2013Published: Oct 10, 2013
Est. expiryMar 2, 2019(expired)· nominal 20-yr term from priority
Inventors:Jay S. WalkerAndrew S. Van LucheneDeirdre O'Shea
G06Q 40/00G06Q 10/087G06Q 30/06G06Q 30/0222G06Q 30/0605G06Q 99/00G06Q 50/12G06Q 30/0239G06Q 30/0235G06Q 30/0208G06Q 30/0601G06Q 30/02G06Q 30/0215G06Q 40/04G06Q 30/0611G06Q 30/0613G06Q 30/04G06Q 30/0609G06Q 10/02G06Q 30/00G06Q 10/0283
70
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Claims

Abstract

A system and method for a supplier to offer multiple products to a first person and multiple pre-owned products to a second person is disclosed.

Claims

exact text as granted — not AI-modified
What is claimed is: 
     
         1 . A method, comprising:
 determining a value associated with a first product that is in the possession of a first party;   identifying a query, from a second party, the query indicating a desire of the second party to acquire the first product;   arranging, based at least in part on the identifying, for the first party to provide the first product to the second party; and   offering, based at least in part on the arranging, a second product to the first party.   
     
     
         2 . The method of  claim 1 , wherein the value associated with the first product comprises a fair market value of the first product. 
     
     
         3 . The method of  claim 2 , wherein the determining of the fair market value of the first product comprises:
 determining a condition of the first product.   
     
     
         4 . The method of  claim 1 , wherein the determining of the value associated with the first product comprises:
 receiving an indication of the value from an appraisal entity.   
     
     
         5 . The method of  claim 1 , wherein the determining of the value associated with the first product is based at least in part on the query from the second party. 
     
     
         6 . The method of  claim 5 , wherein the query comprises an indication of an amount the second party is willing to pay for the first product and wherein the determining of the value associated with the first product is based at least in part on the amount the second party is willing to pay for the first product. 
     
     
         7 . The method of  claim 1 , wherein the identifying of the query from the second party comprises receiving the query. 
     
     
         8 . The method of  claim 1 , wherein the arranging comprises arranging for the first party to ship the first product to the second party. 
     
     
         9 . The method of  claim 1 , wherein the arranging comprises arranging for the first party to deliver the first product to the second party. 
     
     
         10 . The method of  claim 1 , wherein the arranging comprises arranging for the first party to give the first product over to a merchant, allowing the second party to acquire the first product via the merchant. 
     
     
         11 . The method of  claim 1 , wherein the offering comprises:
 offering the second product to the first party for a price, wherein the price comprises a difference between a value associated with the second product and the value associated with the first product.   
     
     
         12 . A method, comprising:
 determining a value associated with a first product that is in the possession of a first party;   identifying a query, from a second party, the query indicating a desire of the second party to acquire the first product;   arranging, based at least in part on the identifying, for the first party to provide the first product to the second party; and   providing, based at least in part on the arranging, a benefit to the first party.   
     
     
         13 . The method of  claim 12 , wherein the benefit comprises an amount of credit. 
     
     
         14 . The method of  claim 13 , wherein the amount of credit is operable to be utilized by the first party to acquire a second product. 
     
     
         15 . The method of  claim 12 , wherein the benefit comprises compensation. 
     
     
         16 . The method of  claim 12 , wherein the benefit comprises a discount. 
     
     
         17 . The method of  claim 16 , wherein the discount is operable to be utilized by the first party to facilitate acquisition of a second product. 
     
     
         18 . The method of  claim 12 , wherein the benefit comprises an agreement to set a financing term required for a purchase of a second product by the first party to be equivalent to a financing term associated with the first product 
     
     
         19 . The method of  claim 18 , wherein the financing term comprises a number of payments required to purchase the second product. 
     
     
         20 . The method of  claim 18 , wherein the financing term comprises a payment amount associated with each of a plurality of payments required to purchase the second product. 
     
     
         21 . The method of  claim 12 , wherein the value associated with the first product comprises a fair market value of the first product. 
     
     
         22 . The method of  claim 21 , wherein the determining of the fair market value of the first product comprises:
 determining a condition of the first product.   
     
     
         23 . The method of  claim 12 , wherein the determining of the value associated with the first product comprises:
 receiving an indication of the value from an appraisal entity.   
     
     
         24 . The method of  claim 12 , wherein the determining of the value associated with the first product is based at least in part on the query from the second party. 
     
     
         25 . The method of  claim 24 , wherein the query comprises an indication of an amount the second party is willing to pay for the first product and wherein the determining of the value associated with the first product is based at least in part on the amount the second party is willing to pay for the first product. 
     
     
         26 . The method of  claim 12 , wherein the identifying of the query from the second party comprises receiving the query. 
     
     
         27 . The method of  claim 12 , wherein the arranging comprises arranging for the first party to ship the first product to the second party. 
     
     
         28 . The method of  claim 12 , wherein the arranging comprises arranging for the first party to deliver the first product to the second party. 
     
     
         29 . The method of  claim 12 , wherein the arranging comprises arranging for the first party to give the first product over to a merchant, allowing the second party to acquire the first product via the merchant. 
     
     
         30 . A system, comprising:
 a processor; and   a storage device in communication with said processor and storing instructions adapted to be executed by said processor to:
 perform the method of  claim 12 . 
   
     
     
         31 . A medium storing instructions adapted to be executed by a processor to:
 perform the method of  claim 12 .   
     
     
         32 . A system, comprising:
 a processor; and   a storage device in communication with said processor and storing instructions adapted to be executed by said processor to:
 perform the method of  claim 1 . 
   
     
     
         33 . A medium storing instructions adapted to be executed by a processor to:
 perform the method of  claim 1 .   
     
     
         34 . A method, comprising:
 offering, in accordance with an agreement between a supplier of a first product and an initial purchaser of the first product, the initial purchaser an opportunity to acquire a second product at least in part in exchange for a surrendering of the first product to the supplier;   determining an acceptance, by the initial purchaser, of the offer;   determining, based on one or more terms of the agreement, at least one transaction term associated with the acquiring of the second product by the initial purchaser; and   providing the second product to the initial purchaser in accordance with the at least one transaction term.   
     
     
         35 . The method of  claim 34 , wherein the offering is triggered by a receipt of a query from a subsequent purchaser that has expressed an interest in the first product. 
     
     
         36 . The method of  claim 35 , further comprising:
 providing the first product to the subsequent purchaser.   
     
     
         37 . The method of  claim 34 , wherein the acceptance is determined based on the agreement. 
     
     
         38 . The method of  claim 34 , wherein the acceptance is determined based on a receipt of an indication from the initial purchaser. 
     
     
         39 . The method of  claim 34 , wherein the transaction term comprises a financing term based on the term of the agreement. 
     
     
         40 . A system, comprising:
 a processor; and   a storage device in communication with said processor and storing instructions adapted to be executed by said processor to:
 perform the method of  claim 34 . 
   
     
     
         41 . A medium storing instructions adapted to be executed by a processor to:
 perform the method of  claim 34 .

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