IP Library Granted Patent US 8,412,580
Granted Patent B2
US 8,412,580 · App. 12/715,075 · Granted Apr 2, 2013

Technology migration program

Inventors: Nicholas J. Koppy (Saint Anthony, MN); Bryon Rediger (Woodbury, MN)
Assignee: RedKo Innovations, Inc.
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Quick Facts
Patent No.
US 8,412,580
App. No.
12/715,075
Granted
Apr 2, 2013
Kind
B2
Abstract

A program by which retailers offer customers an exchange of older technology for newer technology. The older technology and newer technology have a common characteristic that facilitates the retailer to give the customer the newer technology for a reduced cost.

Claims (25)

1. A method of replacing an older technology with a newer technology, the method comprising the steps of:

(a) providing an exchange program by which a retailer acknowledges customer's possession of the older technology and in exchange therefor, provides the newer technology to a customer, the retailer comprising one or more of the retailer and an agent thereof;

(b) requiring that the newer technology and the older technology each has a portion that is the same and that each includes a different storage media type, wherein the portion comprises copyrighted material; and

(c) causing a network or Internet connection between computers of at least two of the retailer, a provider of the newer technology or intermediary thereof, and the customer to communicate instructions and other information necessary to facilitate said exchange, via one of an online track and a retail track,

wherein the online track enables the customer via a computer to (i) identify the older technology, (ii) input corresponding information of the customer, and (iii) receive information and instructions regarding processes for the exchange program, and

wherein the retail track involves the retailer via a computer (i) cataloging technology transaction and (ii) transmitting information with respect to the catalogued transaction to one or more of the provider of the newer technology or intermediary thereof or the customer, in response to an in-person visit by the customer.

2. The method of claim 1 , wherein the older technology is permanently surrendered to the retailer.

3. The method of claim 2 , wherein the retailer receives the older technology from the customer via mail.

4. The method of claim 1 , further comprising a step of the retailer providing to the customer a credit to be applied toward or a rebate on the price of the newer technology.

5. The method of claim 1 , wherein the copyrighted material comprises a movie.

6. The method of claim 5 , wherein the newer technology comprises one or more DVDs and the older technology comprises one or more VHS tapes.

7. The method of claim 1 , wherein the copyrighted material comprises a movie, the newer technology and the older technology comprising different storage media types for the movie.

8. The method of claim 7 , further comprising a step of the retailer promoting the exchange program to the customer via advertising media, wherein movies advertised as being part of the exchange program are of one or more film studios.

9. A method of replacing an older technology with a newer technology, the method comprising the steps of:

(a) providing an exchange program by which a retailer provides to a customer a credit to be applied toward or a rebate on the price of the newer technology in exchange for permanent surrender of the customer's physical possession of the older technology to the retailer, the retailer comprising one or more of the retailer and an agent thereof;

(b) requiring that the newer technology and the older technology each has a portion that is the same and that each includes a different storage media type; and

(c) causing a network or Internet connection between computers of at least two of the retailer, a provider of the newer technology or intermediary thereof, and the customer to communicate instructions and other information necessary to facilitate said exchange via one of an online track and a retail track,

wherein the online track enables the customer via a computer to (i) identify the older technology, (ii) input corresponding information of the customer, and (iii) receive information and instructions regarding processes for the exchange program, and

wherein the retail track involves the retailer via a its computer (i) cataloging technology transaction and (ii) transmitting information with respect to the catalogued transaction to one or more of the provider of the newer technology or intermediary thereof or the customer, in response to an in-person visit by the customer.

10. The method of claim 9 , wherein portion comprises copyrighted material.

11. The method of claim 10 , wherein the newer technology comprises a first storage media type for supporting the copyrighted material, and the older technology comprises a second storage media type for supporting the copyrighted material, the first and second storage media types being different media formats.

12. The method of claim 11 , wherein the copyrighted material comprises a movie.

13. The method of claim 9 , further comprising a step of the retailer receiving the older technology from the customer via mail.

14. The method of claim 9 , further comprising a step of the retailer physically receiving the older technology via the customer visiting a store location of the retailer.

15. The method of claim 2 , wherein the retailer receives the older technology from the customer at a store location of the retailer.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Dec 20, 2012
From: KOPPY, NICHOLAS J.; REDIGER, BRYON
To: REDKO INNOVATIONS, INC.
Reel/Frame 029508/0481 →
Continuity (3)
Continuation 10871945 · Jun 17, 2004
Provisional Application 60479383 · Jun 18, 2003
Related Publication 20100153203A1 · Jun 17, 2010