Daniel A Murillo

US Patent:

20130166404, Jun 27, 2013

Filed:

Dec 21, 2012

Appl. No.:

13/723512

Inventors:

Daniel Murillo - Los Angeles CA, US
Pradyumna Siddhartha - Los Angeles CA, US

Assignee:

LITTLE BLACK BAG, INC. - Los Angeles CA

International Classification:

G06Q 30/06

US Classification:

705 264

Abstract:

A merchandise trading system and method is disclosed. In one embodiment, a server may randomly assign inventory items to a plurality of customers and notify the customers of which items they have been assigned. The server may provide an interface by which the customers may negotiate trades of assigned items. At the end of a trading session, the items may be distributed to the customers to whom the items are assigned at the end of the trading session. The server may assign items in a random manner, or items may be assigned such that each customer receives a set of items with a minimum value. The server may provide an interface by which customers may select one or more items that are assigned to them to carry those selected items over to another trading session.