Automatically Calculating A Discount Using A Reservation System

• US 20070156470A1
• Filed: 11/29/2006
• Published: 07/05/2007
• Est. Priority Date: 06/24/2005
• Status: Abandoned Application

• Current Assignee: Visa USA, Inc. (Visa, Inc.)
• Original Assignee: Visa USA, Inc. (Visa, Inc.)
• Inventors: Granucci, Nicole, Stretch, James
• Application Number:
  US11/564,818
• Publication Number:
  US 20070156470A1
• Time in Patent Office: Days
• US Class Current: 705/5
• CPC Class Codes: G06Q 10/02 Reservations, e.g. for tickets, services or events
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0226 Incentive systems for frequent usage, e.g. frequent flyer miles programs or point systems

Abstract

System, apparatus and methods for automatically calculating a discount for a customer offered by a merchant through a reservation system to a customer. A reservation file is provided and contains data relating to a reservation, and transaction data relating to payment account transactions is accessed. One or more elements of the transaction data are compared against one or more elements of the reservation file to determine a match; and based on the match, the discount is electronically calculated based one or more elements of the transaction data and one or more elements of the reservation file. In this way, the discount can be accurately calculated in an automatic fashion. In another embodiment, the customer may opt for a non-cash discount such as airline miles, points, or other rewards, in which case the customer may be provided with such rewards in an amount proportional to the discount.

Claims

1. A method to facilitate the management of at least a portion of an inventory using a reservation system including:

maintaining within the reservation system a merchant profile including at least one inventory category, wherein the inventory category is associated with the inventory;

maintaining within the reservation system transaction data associated with at least the portion of the inventory; and

accessing the transaction data in order to facilitate management of the portion of the inventory using the inventory category.

2. The method of claim 1, further including organizing the transaction data using the inventory category.

3. The method of claim 1, further including using a processing network to maintain at least one of the merchant profile and the transaction data.

4. The method of claim 1, further including:

maintaining within the reservation system at least one reservation file relating to a reservation associated with at least the portion of the inventory;

comparing one or more elements of the transaction data against one or more elements of the reservation file to determine at least one match;

facilitating the application of a discount to at least an element of the transaction data based upon the inventory category, wherein the discount is applied if the match exists between at least one element in the transaction data and one element of the reservation file; and

maintaining an indication of the discount.

5. The method of claim 4, further comprising providing an analytical tool to analyze at least one of:

at least an element of the reservation file, at least an element of the transaction data, the result of comparing one or more elements of the transaction data against one or more elements of the reservation file, and the indication of a discount.

6. The method of claim 5, further comprising preparing a report on at least one of:

at least an element of the reservation file, at least an element of the transaction data, the result of comparing one or more elements of the transaction data against one or more elements of the reservation file, and the output of the analytical tool.

7. The method of claim 1, further comprising facilitating the manipulation of at least one inventory category within the merchant profile.

8. A method to facilitate the management of at least a portion of an inventory using a data management system including:

maintaining within the data management system a merchant profile including at least one inventory category, wherein the inventory category is associated with the inventory;

maintaining within the data management system transaction data associated with at least the portion of the inventory; and

accessing the transaction data in order to facilitate management of the portion of the inventory using the inventory category.

9. The method of claim 8, further including:

maintaining within the data management system at least one reservation file relating to a reservation associated with at least the portion of the inventory;

comparing one or more elements of the transaction data against one or more elements of the reservation file to determine at least one match;

facilitating the application of a discount to at least an element of the transaction data based upon the inventory category, wherein the discount is applied if the match exists between at least one element in the transaction data and one element of the reservation file; and

maintaining an indication of the discount.

10. A method for managing at least a portion of an inventory using a reservation system including:

creating a merchant profile within the reservation system including at least one inventory category associated with the inventory;

accepting transaction data in associated with the inventory, wherein the transaction data includes the payment information of at least part of the inventory;

sending transaction data associated with the inventory to the reservation system, wherein the transaction data includes the payment information; and

accessing the transaction data in order to facilitate management of the portion of the inventory using the inventory category.

11. The method of claim 10, further comprising receiving an indication of a discount from the reservation system, wherein the discount is calculated within the reservation system.

12. The method of claim 10, wherein creating a merchant profile includes choosing at least one of:

at least one inventory category, a type of discount, and a characteristic for the type of discount.

13. A system for managing at least a portion of an inventory using a reservation system including:

a merchant profile within the reservation system including at least one inventory category, wherein the inventory category is associated with the inventory; and

transaction data associated with at least the portion of the inventory, wherein the transaction data is sent to the reservation system, wherein a record is kept of the transaction data in the reservation system, and wherein the transaction data can be accessed in order to facilitate management of the portion of the inventory using the inventory category.

14. The system of claim 13, wherein the record of the transaction data is organized in association with the inventory category.

15. The system of claim 13, wherein the inventory includes at least one of a good and a service in the restaurant industry.

16. The system of claim 13, further including:

a reservation file relating to a reservation associated with at least the portion of the inventory; and

a discount that is calculated within the reservation system based upon the inventory category,

wherein the discount is applied to at least a portion of the transaction data if a match exists between at least one element in the transaction data and one element of the reservation file.

17. The system of claim 16, wherein the inventory includes at least one of a good and a service in the restaurant industry.

18. The system of claim 16, wherein the reservation file includes at least one of:

a indication of a discount;

a date of the reservation;

a time of the reservation;

a name of the customer; and

a payment account number of the customer.

19. The system of claim 16, further including an analytical tool to analyze at least one of:

at least an element of the reservation file, at least an element of the transaction data, the result of comparing one or more elements of the transaction data against one or more elements of the reservation file, and the indication of a discount.

20. The system of claim 19, further including a report on at least one of:

at least a portion of the reservation file, at least a portion of the transaction data, the result of the comparing one or more elements in the transaction data and one or more element of the reservation file, and the output of the analytical tool.