Pooling data for consumer credit or debit cards
First Claim
1. A method for improving the purchasing power and convenience of a pool of consumers, comprising:
- allowing consumers to sign up at a web site as cardholders and provide data as to past purchases of products and services thereby establishing for each consumer a consumer purchasing profile, the consumer purchasing profile stored by a computer linked to the web site as an encrypted consumer identity code, obtaining information from suppliers of products and services as to what discounts a supplier would provide if particular bulk offers were available, conducting a statistical analysis of the consumer purchasing profiles, generating an online master catalogue accessible to each consumer who signed up, the master catalogue listing a universe of products, each product identified by a product code identifier, each entry for a product containing data concerning criteria under which one or more of the suppliers would accept a bulk offer at a particular discount, the criteria including timing, tutoring cardholders to use the master catalogue and to update the cardholder'"'"'s consumer data profile without receiving unwanted solicitations, consumer cardholders accessing the master catalogue from time to time and, under criteria set by suppliers for bulk offers, making commitments to purchase particular goods and services listed therein as part of the pool at discounted prices, communicating bulk offers from the pool of consumers to suppliers for specific products and services in the master catalogue based on the statistical analysis by sending identity encrypted consumer data profiles to retailers online to induce discount bulk offers by the retailers on products and services listed in the master catalog, processing acceptances and associated billing, wherein suppliers are allowed to directly fix the percentage of discount in the master catalogue, said master catalogue being linked to the computer.
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Accused Products
Abstract
A consumer data credit card or debit card or personal computer wallet linked to an Internet master catalogue of products. The consumer data card empowers the small credit card or debit cardholder against retailers, by mining and analyzing their consumer profile data, for anticipated purchases, and then leveraging the consumer'"'"'s offers on specific products, for group discounts. It uses a new business method for pooling, options, and brokering dispersals of consumer'"'"'s offers to retailers; via the Internet for price discounts. The consumer'"'"'s card is encrypted as an origin code, for privacy, of their personal consumer profile data being dispersed. The master catalogue is linked via the Internet to remote computer display kiosks, at shopping and information stations, allowing for in-store display of discounts; geared to specific cardholders, and to facilitate in store shopping and checkout; by the personal computer wallet and allowing worldwide virtual shopping.
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Citations
30 Claims
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1. A method for improving the purchasing power and convenience of a pool of consumers, comprising:
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allowing consumers to sign up at a web site as cardholders and provide data as to past purchases of products and services thereby establishing for each consumer a consumer purchasing profile, the consumer purchasing profile stored by a computer linked to the web site as an encrypted consumer identity code, obtaining information from suppliers of products and services as to what discounts a supplier would provide if particular bulk offers were available, conducting a statistical analysis of the consumer purchasing profiles, generating an online master catalogue accessible to each consumer who signed up, the master catalogue listing a universe of products, each product identified by a product code identifier, each entry for a product containing data concerning criteria under which one or more of the suppliers would accept a bulk offer at a particular discount, the criteria including timing, tutoring cardholders to use the master catalogue and to update the cardholder'"'"'s consumer data profile without receiving unwanted solicitations, consumer cardholders accessing the master catalogue from time to time and, under criteria set by suppliers for bulk offers, making commitments to purchase particular goods and services listed therein as part of the pool at discounted prices, communicating bulk offers from the pool of consumers to suppliers for specific products and services in the master catalogue based on the statistical analysis by sending identity encrypted consumer data profiles to retailers online to induce discount bulk offers by the retailers on products and services listed in the master catalog, processing acceptances and associated billing, wherein suppliers are allowed to directly fix the percentage of discount in the master catalogue, said master catalogue being linked to the computer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30)
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Specification