SYSTEM AND METHOD FOR OFFERING MULTIPLE PRODUCTS
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.
1 . 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.
2 . The method of claim 1 , wherein the offering is triggered by a receipt of a query from a subsequent purchaser that has expressed an interest in the first product.
3 . The method of claim 2 , further comprising:
providing the first product to the subsequent purchaser.
4 . The method of claim 1 , wherein the acceptance is determined based on the agreement.
5 . The method of claim 1 , wherein the acceptance is determined based on a receipt of an indication from the initial purchaser.
6 . The method of claim 1 , wherein the transaction term comprises a financing term based on the term of the agreement.
7 . 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:
offer, 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;
determine an acceptance, by the initial purchaser, of the offer;
determine, 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
provide the second product to the initial purchaser in accordance with the at least one transaction term.
8 . A medium storing instructions adapted to be executed by a processor to:
offer, 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;
determine an acceptance, by the initial purchaser, of the offer;
determine, 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
provide the second product to the initial purchaser in accordance with the at least one transaction term.