SYSTEM AND METHOD FOR MAKING RENTAL INVENTORY AVAILABLE FOR SALE

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20120290423A1
SERIAL NO

13372271

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A system and method for selling a rental media product having entertainment content therein via an automated vending machine are provided. The method receives a request from a user, the request identifying the rental media product, retrieves, from a database, product rental information relating to the rental media product, wherein the product rental information comprises a product release date, a last maximum out-of-rent value, a sold-out date value, and a current on-hand count, determines whether the product rental information satisfies a set of sales decision criteria, wherein the set of sales decision criteria includes a product release date threshold, a last maximum out-of-rent value threshold, a sold-out date requirement, and a current on-hand count threshold. The method further provides an offer to sell the rental media product if the plurality of sales decision criteria is satisfied, and vends the rental product from a vending apparatus to the user if the user accepts the offer for sale.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
REDBOX AUTOMATED RETAIL LLCOAKBROOK TERRACE IL

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hoersten, Eric J Chicago, US 5 100

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