IP Library Patent Application 13547969
Patent Application
App. No. 13/547,969

SYSTEM FOR AND METHOD OF MANAGING BOOK SALES AND RENTALS

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Quick Facts
Patent No.
US None
App. No.
13/547,969
Abstract

To generate customer loyalty, a management system and method is implemented to ensure a purchase or rental is made while at a store. The management system enables a user to set specific goals or requirements, and then the system provides an interface to the user to reach those goals including generating marketing schemes. The management system is also able to be used by a customer to compare prices of items and make a single purchase of items in disparate locations while in the store.

Claims (36)

1 . A method of achieving a goal in retail store comprising:

a. uploading an existing inventory;

b. inputting purchase prices and margin goals;

c. providing feedback to a user regarding the margin goals and a search of comparative prices; and

d. adjusting the margin goals based on the feedback.

2 . The method of claim 1 further comprising generating a free online retail store.

3 . The method of claim 1 further comprising generating a marketing campaign.

4 . The method of claim 1 wherein the feedback comprises an online report that shows pricing performance of the existing inventory and how competitive the pricing performance is with online suppliers.

5 . The method of claim 1 further comprising putting competitive pricing comparison shopping online using simple retail shelf talkers.

6 . The method of claim 1 further comprising automatically generating pricing to achieve the margin goals.

7 . A device for enabling a user to set and achieve a goal, comprising:

a. a memory for storing an application, the application for:

i. uploading an existing inventory;

ii. inputting purchase prices and margin goals;

iii. providing feedback to the user regarding the margin goals and a search of comparative prices; and

iv. adjusting the margin goals based on the feedback; and

b. a processing component coupled to the memory, the processing component configured for processing the application.

8 . The device of claim 7 wherein the application is further for generating a marketing campaign.

9 . The device of claim 7 wherein the feedback comprises an online report that shows pricing performance of the existing inventory and how competitive the pricing performance is with online suppliers.

10 . The device of claim 7 wherein the application is further putting competitive pricing comparison shopping online using simple retail shelf talkers.

11 . The device of claim 7 wherein the application is further automatically generating pricing to achieve the margin goals.

12 . The device of claim 7 wherein the device acts as a universal affiliate cart including receiving a percentage of profits from non-in-store sales.

13 . The device of claim 7 wherein the device further includes a mobile infrastructure to support price comparison in a store using any mobile device supporting text messaging and/or a mobile browser.

14 . A mobile device for comparative shopping comprising:

a. a memory for storing an application, the application for:

i. inputting an item to search for;

ii. displaying a list of items along with comparative prices;

iii. selecting one or more items for purchase and/or rental; and

iv. submitting a payment to the store; and

b. a processing component coupled to the memory, the processing component configured for processing the application.

15 . The mobile device of claim 14 wherein the store is paid a percentage of a sale/rental regardless of where the items are purchased/rented from.

16 . The mobile device of claim 14 wherein the application automatically generates the list of items based on a class major.

17 . The mobile device of claim 14 wherein the application automatically generates the list of items based on a class list.

18 . The mobile device of claim 14 wherein the comparative prices include prices of bundled items.

19 . The mobile device of claim 18 wherein the bundled items are based on a class list.

20 . The mobile device of claim 14 wherein items unrelated to the searched for item but relevant to a user are presented to the user for purchase.

Assignments (6)
SECURITY INTEREST Recorded Nov 3, 2014
From: RAFTER, INC.
To: SILICON VALLEY BANK
Reel/Frame 034087/0702 →
RELEASE OF SECURITY INTEREST Recorded Nov 3, 2014
From: COMERICA BANK
To: RAFTER INC (AKA BOOKRENTER.COM, INC.)
Reel/Frame 034092/0944 →
RELEASE OF SECURITY INTEREST Recorded Apr 1, 2014
From: LIGHTHOUSE CAPITAL PARTNERS VI, L.P.
To: RAFTER, INC.
Reel/Frame 032571/0142 →
SECURITY AGREEMENT Recorded Feb 14, 2014
From: RAFTER, INC.
To: COMERICA BANK
Reel/Frame 032264/0901 →
SECURITY AGREEMENT Recorded Jan 8, 2014
From: RAFTER, INC. FKA BOOKRENTER.COM, INC.
To: LIGHTHOUSE CAPITAL PARTNERS VI, L.P.
Reel/Frame 031946/0268 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 28, 2012
From: BOOTH, CAMERON; LEWIS, HARLAN; QUESADA, DELFIN; TAYLOR, MICHAEL; CRAWFORD, BRITT; GAMBLE, NATHAN; HUIBONHOA, PHILIPPE
To: RAFTER, INC.
Reel/Frame 029050/0319 →