Shopping system and method

1. A shopping system for facilitating shopping of customers from retailers, the shopping system connected to a plurality of consumer devices and a plurality of retailer systems via a network, comprising a processor and a memory, the memory storing:

a shopping list module configured to enable a plurality of customers to create their shopping list having a plurality of items;

a retail module configured to enable a plurality of retailers to provide a dynamic pricing and promotions for items in the shopping list; and

a cart module configured to enable the plurality of customers to choose a retailer based upon the product availability, pricing, and promotions and book a shopping cart with the retailer;

wherein the shopping cart comprises a bar code scanner, a camera that is concealed and configured to take images and send images to a backend system of a store, a weighing scale concealed inside a frame of the shopping cart; and

a sensor configured to match all data from the bar code scanner, the camera, and the weighing scale;

wherein when a customer adds any product inadvertently or deliberately without scanning the product first, the camera still captures an image of the product and sends the image of the product to the backend system that verifies whether the customer has scanned the product before inserting the product in the shopping cart;

further wherein the customer receives a notification about scanning the product first when the backend system determines that the product is inserted into the shopping cart without being scanned by the customer;

wherein the shopping list module is configured to enable the customers to keep track of unused products, and the shopping list module reminds the customers if the same products are unused or unfinished;

wherein the shopping list module is configured to enable the customers to keep track of expiry date of stock of products at home and to utilize the inventory data provided by retailers to keep track of the expiry date of the products; and

wherein the plurality of retailers are allowed to utilize the shopping list to get insights into customers real time demand for offering promotions on the items in demand.

2. The shopping system of claim 1 , wherein the shopping list module is further configured to enable the plurality of customers to share their shopping list with their family members and friends.

3. The shopping system of claim 2 , wherein the shopping list module configured to enable the family members and friends to edit the shopping list.

4. The shopping system of claim 1 , wherein the shopping list module is further configured to compare total price and product availability offered by the plurality of retailers for the shopping list, and provide the comparison to the plurality of customers.

5. The shopping system of claim 1 , wherein the retail module is configured to aggregate the shopping lists of the plurality of customers, and share the aggregated shopping list with a plurality of retailers.

6. The shopping system of claim 1 , wherein the retail module is configured to tag geographic location of the plurality of customers and provide to the plurality of retailers.

7. The shopping system of claim 1 , wherein the retail module is configured to map the shopping list to databases of the plurality of retailers and inform the retailers about their inventory based on the shopping list.

8. The shopping system of claim 1 , wherein the retail module is configured to use demographic details of the customers to provide promotional offers to the customers.

9. The shopping system of claim 1 , wherein the retail module is configured to predict items that will be demanded by customers.

10. The shopping system of claim 1 , further comprising a reward module configured to provide rewards to the plurality of customers from the retailers or partners based upon a payment.

11. A computer-implemented method for facilitating shopping of customers from retailers using a shopping system connected to a plurality of consumer devices and a plurality of retailer systems via a network, the computer-implemented method comprising:

enabling a plurality of customers to create their shopping list having a plurality of items;

aggregating the shopping lists of the plurality of customers, and sharing the aggregated shopping list with a plurality of retailers;

enabling the plurality of retailers to provide a dynamic pricing and promotions for items in the shopping list;

enabling the plurality of customers to choose a retailer based upon the pricing and book a shopping cart with the retailer, wherein the shopping cart comprises a bar code scanner, a camera that is concealed and configured to take images and send images to a backend system of a store, a weighing scale concealed inside a frame of the shopping cart, and a sensor configured to match all data from the bar code scanner, the camera, and the weighing scale;

wherein when a customer adds any product inadvertently or deliberately without scanning the product first, the camera still captures an image of the product and sends the image of the product to the backend system that verifies whether the customer has scanned the product before inserting the product in the shopping cart;

further wherein the customer receives a notification about scanning the product first when the backend system determines that the product is inserted into the shopping cart without being scanned;

enabling the plurality of customers to keep track of unused products, and enabling the plurality of retailers to keep track of their inventories, and

sending reminder to the customers if the same products are unused or unfinished;

enabling the customers to keep track of expiry date of stock of products at home and utilizing the inventory data provided by retailers to keep track of the expiry date of the products; and

utilizing the shopping list by the plurality of retailers to get insights into customers real time demand and offering one or more promotions on the items in demand.

12. The computer-implemented method of claim 11 , wherein the aggregating further comprises mapping the shopping list to databases of the plurality of retailers and informing the retailers about their inventory based on the shopping list.

13. The computer-implemented method of claim 11 , further comprising using demographic details of the customers to provide promotional offers to the customers.

14. The computer-implemented method of claim 11 , further comprises assisting the plurality of retailers to manage their inventory.

15. The computer-implemented method of claim 11 , further comprising providing rewards to the plurality of customers from the plurality of retailers, based upon a payment.