Consumer incentive system and method

• US 20100070352A1
• Filed: 09/16/2009
• Published: 03/18/2010
• Est. Priority Date: 09/16/2008
• Status: Abandoned Application

• Current Assignee: William Flanders
• Original Assignee: William Flanders
• Inventors: Flanders, William
• Application Number:
  US12/560,644
• Publication Number:
  US 20100070352A1
• Time in Patent Office: Days
• US Class Current: 705/14.100
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system to enhance the relationship between a manufacturer and a consumer includes offering the consumer who is purchasing at least one of a product of the manufacturer an opportunity to invest in and profit from the future success of the manufacturer in exchange for all or a part of a manufacturer'"'"'s incentive for purchasing the at least one product.

Claims

1. A method to enhance the relationship between a manufacturer and a consumer comprising offering the consumer who is purchasing at least one of a product of the manufacturer an opportunity to invest in and profit from the future success of the manufacturer in exchange for all or a part of a manufacturer'"'"'s incentive for purchasing the at least one product.

2. The method of claim 1 further comprising:

enrolling a consumer of a manufacturer'"'"'s product in a stakeholder program;

issuing a predefined number of value units to the consumer at the time of purchase of the manufacturer'"'"'s product;

initiating a value cycle based on a predefined time period for the predefined number of value units based on a quantitative measure of the manufacturer'"'"'s product;

completing the value cycle time period; and

computing the final value of the predefined number of value units based on the performance of the manufacturer during the value cycle.

3. The method of claim 2 wherein the step of issuing value units to the consumer includes the consumer selecting a quantity of value units to be issued.

4. The method of claim 2 wherein the step of initiating a value cycle includes selecting the quantitative measure to be used in the stakeholder program.

5. The method of claim 2 further comprising redeeming the value units of the stakeholder program.

6. The method of claim 2 wherein the computing step includes a minimum final value and selecting the greater of the final computed value or the minimum final value.

7. A method operable on a computer to provide a plurality of customers participating in a manufacturer incentive loyalty stakeholder program relating to purchases of predefined manufacturer'"'"'s product, the method comprising:

receiving a customer identification number associated with each customer;

receiving customer information from each customer including a number of customer incentive units allocated to each customer;

selecting a program measurement index related to the predefined manufacturer'"'"'s product;

determining an initial measurement index value;

storing the customer information with each respective customer identification number on the computer; and

determining a current value of the customer incentive units after a predefined time cycle wherein the current value is based on the performance of the manufacturer as determined by the difference between current measurement index value and the initial measurement index value.

8. The method of claim 7 further comprising providing access to a customer enrolled in the stakeholder program to that customer'"'"'s record for the customer'"'"'s personal review.

9. The method of claim 7 further comprising providing access to a dealer for the manufacturer'"'"'s product to the dealer'"'"'s customers records enrolled in the manufacturer'"'"'s stakeholder program.

10. The method of claim 7 further comprising periodically updating the customer measurement index value, calculating an updated customer incentive value and storing the updated customer incentive value.

11. A system for providing a plurality of customers participating in a manufacturer incentive loyalty stakeholder program relating to purchases of a predefined manufacturer'"'"'s product, the system comprising:

a computer processor; and

a memory operatively connected to the processor wherein the processor is operative with control instructions in the memory to perform the steps of;

receiving a customer identification number associated with each customer;

receiving customer information from each customer including a number of customer incentive units allocated to each customer;

selecting a program measurement index related to the predefined manufacturer'"'"'s product;

determining an initial measurement index value;

storing the customer information with each respective customer identification number on the computer; and

determining a current value of the customer incentive units after a predefined time cycle wherein the current value is based on the performance of the manufacturer as determined by the difference between current measurement index value and the initial measurement index value.

12. The system of claim 11 wherein the measurement index is based on the group selected from a manufacturer'"'"'s product market share, a quantity of manufacturer'"'"'s product sold during the program, annual sales revenue, stock value, and a quantity of manufacturer'"'"'s product sold during the program in a particular geographic market.

13. The system of claim 11 wherein the control instructions in the memory further performs the step of selecting between a current customer incentive value and a minimum incentive value at time of customer redemption.