Business method for promoting sale of merchandise and novel smiles stamps or gift stamps of philatelic value for use in promoting business by sale of merchandise

• US 20050021405A1
• Filed: 08/16/2004
• Published: 01/27/2005
• Est. Priority Date: 02/19/2002
• Status: Abandoned Application

• Current Assignee: Sanjiv Agarwal
• Original Assignee: Sanjiv Agarwal
• Inventors: Agarwal, Sanjiv
• Application Number:
  US10/919,108
• Publication Number:
  US 20050021405A1
• Time in Patent Office: Days
• US Class Current: 705/14.170
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0215 Including financial accounts

Abstract

A novel coupon/stamp is presented that allows for multiple coupons/stamps to be provided on a single sheet. Each coupon/stamp may have a unique added value and the sheet is formed so that any coupon/stamp may be removed from the sheet without separating any other coupon/stamp from the sheet. In addition, a method is presented for issuing the coupon/stamp as well as an ability to redeem the coupon/stamp.

Claims

1. A coupon/stamp for the promotion of sales, schemes, and/or merchandise, comprising:

a sheet material having a plurality of separable units formed therein, the units being arranged in rows and columns, each unit carrying a value added feature therein having philatelic/exchange/encashment/credit or monetary or other similar value, one or more of the units having same or different value added features, the value added features being represented by any of numerals, messages, teachings, and information, wherein any one side of one or more units is independently provided with a slit while the other sides are provided with perforations.

2. The coupon/stamp of claim 1, wherein the value added features are printed on one face of the coupon/stamp.

3. The coupon/stamp of claim 1, wherein the rows and columns are of same or different sizes.

4. The coupon/stamp of claim 3, wherein the rows are formed horizontally or slanting and each column is formed vertically or slanting to form a multi-faced sheet.

5. The coupon/stamp of claim 1, wherein, the slit is one of a continuous slit or intermittently formed slit.

6. The coupon/stamp of claim 1, wherein the slit is one of a through cut opening or a weakened tear line.

7. The coupon/stamp of claim 1, wherein the reverse or backside of the sheet material is plain.

8. The coupon/stamp of claim 7, wherein the backside of the sheet material is gummed across the units fully or partly to make the units adhesive for collection purposes.

9. The coupon/stamp of claim 1, wherein the slits facilitate removal of an individual unit of the sheet material.

10. The coupon/stamp of claim 9, wherein the individual unit may be independently separated from the sheet material without affecting the integrity of the other units in the sheet material.

11. A method of providing purchasing incentives, comprising:

receiving payment at a store for one or more items of merchandise from a customer;

issuing a first reward incentive if payment is made with cash;

issuing a second reward incentive if payment is made with a payment card not affiliated with the store.

12. The method of claim 11, wherein the first and second rewards may be any one or more of a coupon, stamp, credit, or point that represent a certain amount of value.

13. The method of claim 11, further comprising:

applying any of the first and second reward incentives to the payment card.

14. The method of claim 11, further comprising:

purchasing the first and second reward incentives for issuance from a distributor.

15. The method of claim 11, further comprising:

receiving payment for the item of merchandise by previously issued reward incentives.

16. The method of claim 15, further comprising:

issuing a third reward incentive in accordance with payment being made by previously issued reward incentives.

17. The method of claim 11, wherein the first reward incentive is greater than the second reward incentive.

18. the method of claim 12, further comprising:

receiving any of coupons, stamps, credit, and points issued as reward incentives;

applying the received coupons, stamps, credit, points as redemption for an item of merchandise.

19. The method of claim 18, wherein the coupons, stamps, credit, and points can be used interchangeably for redemption.

20. The method of claim 18, wherein the item of merchandise is predetermined in response to the issued reward incentives being redeemed.

21. The method of claim 18, further comprising:

affixing a cancellation mark on any received coupon and stamp;

returning the coupon or stamp with the cancellation mark to the customer for collection purposes.

22. A computer network operable to implement an incentive point service process, comprising:

a redemption server operable to store information pertaining to accounts of a customer, a record and a unique person name record number of the customer, and incentives to be applied to purchases made by the customer;

a point of sale terminal at a merchant linked to the redemption server by a computer network of hardware and related software, wherein an incentive is applied pursuant to the redemption server through data processing means at the point of sale terminal in response to the customer purchasing merchandise associated with the incentive, a first incentive being applied through the data processing means if the payment is made through cash currency notes and a second incentive being applied through the data processing means if the payment is made through a payment card including a credit card, a debit card, a charge card, or a stored value cash card.

23. The computer network of claim 22, wherein the incentive being offered is in the form of coupons or stamps of innumerable designs of philatelic value with a unique number or an electronic code, the point of sale terminal operable to print out the coupon or stamp upon completion of a purchase transaction by the customer.

24. The computer network of claim 22, wherein the incentive being applied is credited as points in a database of the redemption server associated with an accrual card and the person name record number.

25. The computer network of claim 22, wherein the redemption server includes a database to facilitate incentive interchangeability with information associated with a conversion of one type of incentive to another type of incentive.

26. The computer network of claim 22, further comprising:

a redemption terminal linked to the redemption server, the redemption terminal operable to allow a customer who has been awarded an incentive to present the incentive for redemption.

27. The computer network of claim 26, wherein the incentive being redeemed is a coupon or stamp, the redemption terminal connecting to the redemption server upon redemption of the coupon or stamp by the customer and through data processing means verifies the customer'"'"'s identity and account, the redemption terminal operable to redeem the coupon or stamp upon verification, place a cancellation mark on the coupon or stamp, and return the coupon or stamp to the customer for collection purposes upon completion of its redemption.

28. The computer network of claim 26, wherein the incentive being applied is points accumulated and stored in a database of the redemption server, the redemption terminal operable to connect to the redemption server upon redemption of the points by the customer and through data processing means verifies the customer'"'"'s identity and account, the redemption terminal operable to redeem the points upon verification.

29. The computer network of claim 28, wherein the redemption terminal is operable to exchange the redeemed points for a coupon or stamp of equivalent value upon request by the customer, the redemption terminal operable to provide the coupon or stamp to the customer for collection purposes with a cancellation mark affixed thereto.

30. The computer network of claim 26, wherein the incentive is points or coupons or stamps, the redemption terminal operable to connect to the redemption server upon redemption of the points or coupons or stamps by the customer and through data processing means verifies the customer'"'"'s identity and account, the redemption terminal upon verification operable to exchange points for coupons or stamps, or vice versa, of equivalent value predetermined in accordance with a conversion table, the points being maintained in a database at the redemption server, the redemption terminal operable to perform the exchange in full or in part.

31. The computer network of claim 26, wherein the redemption terminal is operable to present redemption options to the customer presenting a particular quantum of incentives, the options provided by the redemption terminal including an exchange capability for each type of incentive being redeemed by the customer.

32. The computer network of claim 31, wherein the redemption server is operable to apply added incentives through data processing means upon the particular quantum of incentives being redeemed reaching a predetermined threshold

33. The computer network of claim 26, wherein the redemption terminal is operable to receive inputs from the customer through one or more of touch screen inputs and optical character recognition.

34. The computer network of claim 26, wherein the redemption terminal is operable to convert an incentive being redeemed by the customer to monetary terms predetermined in accordance with a conversion table, the redemption terminal operable to credit the monetary terms in an account associated with the customer stored in a database at the redemption server.

35. The computer network of claim 22, wherein the redemption server and merchant terminal are operable to interface with existing payment networks using payment cards that include an acquirer server, a card exchange server, and an issuer server, the redemption server operable to apply incentives issued in response to the purchase to the payment cards through a reconciliation database.

36. The computer network of claim 35, wherein the redemption server is operable to convert the incentive into monetary terms, the redemption server operable to credit the monetary terms to existing payment card accounts of the customer.

37. The computer network of claim 26, wherein the redemption server, the point of sale terminal, and the redemption terminal have no real time communication capability, the issuance and redemption of incentives being performed off-line through a batch data processing technique.

38. The computer network of claim 22, wherein the redemption server provides access to the customer through the Internet to allow the customer to access account information.

39. The computer network of claim 22, wherein the incentive being offered is an accrual card with a memory chip, a magnetic strip, or other storage capability, the point of sale terminal operable to issue a new accrual card to the customer or update an existing accrual card possessed by the customer with the incentive earned in accordance with the purchase.

40. The computer network of claim 39, accrual card is an existing payment card such as a credit card, a debit card, a charge card, and stored value cash card.

41. The computer network of claim 22, wherein the redemption server maintains security of the customer'"'"'s identity and unique person name record number accessible only to designated system administration, additional information associated with the customer being accessible through the customer'"'"'s identity and unique person name record number.