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System and method for electronic reservation of real-time redemption of advertiser's loyalty points for rewards and discount coupons and gift card certificates

  • US 20070088610A1
  • Filed: 12/14/2006
  • Published: 04/19/2007
  • Est. Priority Date: 02/06/2002
  • Status: Abandoned Application
First Claim
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1. A method for enabling a consumer to redeem loyalty points, comprising the steps of:

  • a. providing the consumer with a choice of loyalty point redemption options electronically, specific to the consumer, each related to a predetermined number of loyalty points that can be changed dynamically and a behavioral purchasing rating system, redeemable at one or more participating vendors;

    b. providing the consumer with a means for selecting at least one of the loyalty point redemption options electronically;

    c. recording the one or more options selected; and

    d. electronically transmitting the one or more options selected to the related participating vendor;

    e. whereby the consumer can immediately receive the product for the redeemed loyalty points.

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