SHAREHOLDER REWARD SYSTEM

• US 20100106578A1
• Filed: 10/27/2009
• Published: 04/29/2010
• Est. Priority Date: 10/28/2008
• Status: Abandoned Application

• Current Assignee: LOYAL3 Holdings, Inc.
• Original Assignee: LOYAL3 Holdings, Inc.
• Inventors: Ho, Matthew, Allio, Michael Gregory
• Application Number:
  US12/606,492
• Publication Number:
  US 20100106578A1
• Time in Patent Office: Days
• US Class Current: 705/14.150
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0213 Consumer transaction fees
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system for providing an offer from multiple sources to a user promoting a reward upon satisfying conditions of the offer. The system electronically receives data indicating that a user has selected an offer to receive a reward from an issuer of stock or an intermediary based on stock ownership. Upon identifying the conditions of the offer, the system determines whether the conditions of the offer are satisfied using stock ownership and/or purchase data associated with the user stored in a shareholder database that aggregates ownership information from multiple sources. The stock purchase data stored in the shareholder database represents stock ownership records that are based on multiple sources including among others: purchases made by the user via one or more investment accounts, gifts or grants of stock or convertible instruments, and stock purchased by the user directly from an issuer of stock or on the open-market through the system. When the conditions of the offer are satisfied based on the stock purchase data stored in the shareholder database, the system determines the reward associated with the offer and delivers the reward to the user.

Claims

1. A computer implemented method for providing a reward to a user, comprising the steps of:

electronically receiving data indicating that a user has selected an offer to receive a reward from an issuer of stock, wherein the offer is associated with one or more conditions that must be satisfied in order to receive the reward;

identifying the one or more conditions associated with the offer, wherein the offer is stored in an offer database;

determining whether the one or more conditions associated with the offer are satisfied based on stock purchase data contained within a user profile record associated with the user that is stored in a shareholder database, wherein the stock purchase data stored in the shareholder database represents stock purchases made by the user via one or more investment accounts and stock purchased by the user directly from the issuer of stock;

upon determining that the one or more conditions of the offer are satisfied based on the stock purchase data contained in the user profile record associated with the user stored in the shareholder database, determining the reward associated with the offer;

generating a message containing the reward for delivery to the user; and

delivering the generated message containing the reward to the user.

2. The computer implemented method as recited in claim 1, further comprising:

upon determining that the one or more conditions of the offer are not satisfied based on the stock purchase data stored in the shareholder database, delivering a second offer to the user providing the user the opportunity to satisfy the one or more conditions of the offer.

3. The computer implemented method as recited in claim 2, wherein the second offer is an offer to purchase stock directly from the issuer of stock or to buy the stock through an intermediary financial account that has data linked to the user profile record.

4. The computer implemented method as recited in claim 1, wherein the step of determining whether the one or more conditions are satisfied comprises:

when the one or more conditions of the offer are not satisfied based on the stock purchase data stored in the shareholder database, identifying at least one external investment account associated with the user;

accessing the at least one identified external investment account associated with the user to confirm stock purchase data associated with the external investment account;

aggregating the stock purchase data stored in the shareholder database with the new stock purchase data obtained from the external investment account; and

determining whether the one or more conditions of the offer are satisfied based on the aggregated stock purchase data stored in the shareholder database.

5. The computer implemented method as recited in claim 1, wherein the step of determining whether the one or more conditions are satisfied comprises:

when the one or more conditions of the offer are not satisfied based on the stock purchase data stored in the shareholder database, identifying at least one external investment account associated with the user;

obtaining new stock purchase data from the external investment account;

aggregating the stock purchase data in the shareholder database with the new stock purchase data obtained from the external investment account; and

determining whether the one or more conditions of the offer are satisfied based on the aggregated stock purchase data.

6. The computer implemented method as recited in claim 1, wherein the one or more conditions of the offer includes one or more of the following conditions:

the user must own a minimum number of shares of stock associated with the issuer that provided the offer;

the user must own a minimum number of shares of stock associated with the issuer that provided the offer for a minimum period of time;

or

the user must have participated in a shareholder activity.

7. The computer implemented method as recited in claim 1, wherein the step of generating a message containing the reward for delivery to the user comprises generating a message for delivery to the user via one of the following communication mediums:

an email message, a text message, an instant message, regular mail, a telephone call, a pop-up window, and a mobile phone application.

8. The computer implemented method as recited in claim 7, wherein a reward comprises one of the following:

a promotional code, a discount code, an invitation to an event, a rebate, shares of stock, access to an exclusive product, access to information, access to content, access to a service, and access to company during shareholder only hours.

9. The computer implemented method as recited in claim 1, wherein the step of delivering the generated message to the user comprises:

delivering a notification to the issuer of stock indicating that the one or more conditions of the offer have been satisfied and the issuer of the stock should deliver the reward to the user.

10. A computer implemented method for incentivizing a user to purchase stock directly from an issuer, comprising the steps of:

electronically providing an offer to a client, wherein the offer advertises that an issuer of stock will provide a reward upon verification of ownership of a predetermined number of shares of stock;

detecting input indicating that a user has selected the offer, wherein the user selects the offer via the client;

upon determining that the number of shares of stock owned by the user does not meet or exceed the predetermined number of shares of stock required to receive the reward based on stock purchase data stored in a shareholder database, delivering a second offer to the client providing an opportunity to purchase additional shares of stock from the issuer;

when the user selects the second offer, causing a stock purchase transaction of additional shares of stock associated with the issuer;

aggregating stock purchase data associated with the additional shares of stock purchased by the user from the issuer with preexisting stock purchase data stored in the shareholder database;

verifying that the number of shares of stock owned by the user meets or exceeds the predetermined number of shares of stock required to receive the reward based on the aggregated stock purchase data; and

delivering the reward to the client based on verifying that the number of shares of stock owned by the user meets or exceeds the predetermined number of shares of stock required to receive the reward based on the aggregated stock purchase data.

11. The method as recited in claim 10, wherein the step of causing a stock purchase transaction of additional shares of stock comprises:

providing a user interface that allows the user to designate an investment amount; and

causing the purchase of shares under a direct stock purchase plan through the purchase of treasury stock from the public company or through an open-market purchase.

12. The method as recited in claim 10, wherein the step of causing a stock purchase transaction of additional shares of stock comprises:

providing a user interface that allows the user to designate an investment amount;

identifying a third-party broker designated by the issuer for custodying securities and for executing the stock purchase as an open-market stock transaction; and

providing electronic instructions to the third-party broker to execute an open-market stock transaction for the investment amount.

13. The method as recited in claim 10, wherein the step of electronically providing an offer to a client comprises:

obtaining stock purchase data from at least one external investment account associated with the user;

updating the preexisting stock purchase data stored in the shareholder database with the stock purchase data obtained from the at least one external investment account;

selecting an offer based on the updated stock purchase data stored in the shareholder database; and

delivering the selected offer to the client.

14. The method as recited in claim 10, wherein the step of electronically providing an offer to a client comprises:

identifying an instance of personal information data associated with the user stored in the shareholder database;

selecting the issuer associated with the identified instance of personal information;

selecting an offer associated with the issuer; and

delivering the offer to the client.

15. The method as recited in claim 13, wherein the step of delivering the reward to the user comprises:

delivering a notification to a third-party vendor associated with the issuer, the notification indicating that the reward associated with the offer should be delivered to the client.

16. A computer implemented method for providing a reward to a user, comprising the steps of:

storing access data for at least one investment account associated with a user in a user profile record in a shareholder database, the access data provided by the user during a registration process;

using the access data stored in the user profile record in the shareholder database, periodically obtaining stock ownership data from the at least one investment account associated with the user;

aggregating the stock ownership data obtained from the at least one investment account with existing stock ownership data stored in the user profile record in the shareholder database;

selecting an offer based on the aggregated stock ownership data in the user profile record in the shareholder database, wherein the offer advertises receiving a reward upon meeting conditions set forth in the offer;

delivering an electronic message containing the selected offer to the user;

upon selection of the offer by the user, verifying that the user meets or exceeds the conditions set forth in the offer based on the aggregated stock ownership data stored in the user profile record in the shareholder database; and

delivering the reward to the user based on verifying that the user meets or exceeds the conditions set forth in the offer.

17. The computer-implemented method as recited in claim 16, wherein the step of verifying that the user meets or exceeds the conditions set forth in the offer comprises:

determining the conditions set forth in the offer;

identifying the instances of aggregated stock ownership data related to the conditions set forth in the offer;

comparing the instances of aggregated stock ownership data against the conditions set forth in the offer;

when the instances of aggregated stock ownership data meets or exceeds the conditions set forth in the offer, determining that the user qualifies for the reward; and

when the instances of aggregated stock ownership data does not meet or exceed the conditions set forth in the offer, delivering a second offer to the user.

18. The computer implemented method as recited in claim 17, wherein the step of delivering a second offer to the user comprises:

delivering a second offer to the user providing the opportunity to qualify for the reward.

19. The computer implemented method as recited in claim 16, wherein the step of delivering the reward to the user comprises:

electronically delivering a notification to a fulfillment house indicating that the conditions of the offer have been satisfied by the user, wherein the fulfillment house is associated with an issuer of stock and delivers the reward to the user on behalf of the issuer of stock.

20. The computer implemented method as recited in claim 16, wherein the aggregated stock ownership data includes data identifying at least one issuer of stock, the step of selecting an offer based on the aggregated stock ownership data in the shareholder database comprises:

selecting an issuer of stock;

determining whether an offer exists in an offer database that is related to the selected issuer of stock;

when there is an offer related to the selected issuer of stock, retrieving the offer from the offer database and delivering the offer to the user.