METHOD OF PRODUCT PRICE PROMOTION

• US 20110153400A1
• Filed: 12/21/2009
• Published: 06/23/2011
• Est. Priority Date: 12/21/2009
• Status: Abandoned Application

• Current Assignee: Rod Nimrode Averbuch
• Original Assignee: Rod Nimrode Averbuch
• Inventors: Averbuch, Rod Nimrode
• Application Number:
  US12/643,311
• Publication Number:
  US 20110153400A1
• Time in Patent Office: Days
• US Class Current: 705/14.25
• 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 30/0224 based on user history
• CPC Class Codes: G06Q 99/00 Subject matter not provided for in other groups of this subclass

Abstract

A method of product price promotion, which is based on allocating a plurality of Cycled Discount Labels to product types and labeling a plurality of product type members. Cycled Discount Labels are associated with product type member lots. The price promotion option for each product type member, which is associated with a Cycled Discount Label, is calculated and presented to the consumer. The price promotion option for a product type member is further discounted as the product type member approaches its expiration date.

Claims

1. A method of product promotion, the method comprising:

allocating a plurality of cycled discount labels for at least one product type;

statically labeling a plurality of product type members of the product type with cycled discount labels allocated to the product type wherein each product type member of the product type and from the same lot is statically labeled with an identical cycled discount label;

dynamically calculating at least one display element which is associated with at least one cycled discount label allocated for at least one product type;

dynamically displaying on a display device, at least one product type related information, wherein the product type related information at least comprising;

at least one cycled discount label, which previously was allocated for at least one product type;

at least one promotion display element associated with each displayed cycled discount label.

2. The method of claim 1 wherein a lot is comprised of one or more production or pickup batches of product type members of the same product type.

3. The method of claim 1 wherein an identical cycled discount label of at least a first product type member of the first product type and from the first lot is reused for at least a second product type member of the first product type and from the second lot, as long as the time period between the first lot and the second lot is equal or greater than the first product type lifetime

4. The method of claim 1 wherein the number of cycled discount labels allocated for a product type is greater than 1

5. The method of claim 1 wherein the number of cycled discount labels allocated for a product type is greater than 2 and a specific cycled discount label is used only for one lot during a lifetime of a product type and the following expiration period of the lot associated with the specific cycled label

6. The method of claim 5 wherein cycled discount labels indicating the expiration period of a lot are used for product type members from different lots

7. The method of claim 1 wherein the display device is stationary

8. The method of claim 1 wherein the display device is mobile

9. The method of claim 1 wherein the display device is a passive permanent printed display

28. The method of claim 1 wherein the cycled discount labels are selected from different colors

29. The method of claim 1 wherein the cycled discount labels are selected form different patterns or shapes

30. The method of claim 1 wherein the cycled discount labels are selected form a combination of different color, patterns or shapes

31. The method of claim 1 wherein the product type related information further comprising:

at least one product type representation

32. The method of claim 1 wherein the product type related information further comprising:

at least one display element which is related to the remaining life time of the product type members associated with at least one of the displayed cycled discount label

10. A method of product promotion, the method comprising:

at the promotion server;

receiving a query with parameter set for promotion options associated with at least one cycled discount label allocated to at least one product type;

calculating at least the promotion options associated with at least one cycled discount label allocated for at least one product type;

transmitting a message to a stationary or mobile display device comprising;

at least a subset of cycled discount labels allocated to at least one product type;

at least one promotion option of at least one group of product type members associated with a subset of cycled discount labels allocated to at least one product type;

if at list one promotion option changes to a new promotion option or at least one promotion option is added, then the promotion database is updated with at least one new promotion option

11. The method of claim 10 wherein the calculation of the promotion of product type members associated with a cycled discount label is at least determined by the time difference between a query timestamp and the expiration date of at least one product type member associated with the same cycled discount label

12. The method of claim 10 wherein the calculation of promotion numbers, levels and starting times is determined by a statistical distribution data of the time between purchases of the product type and the probability of at least one product type member to expire

13. The method of claim 10 wherein the query to the promotion server is triggered by location change of the display device

14. The method of claim 10 wherein the query to the promotion sever is manually triggered

15. The method of claim 13 wherein the location change of a display device is determined by comparing a first RF signal indicating the location of the first RF device and a second RF signal indicating the location of the second RF device

16. The method of claim 10 wherein the parameter set of a query comprises at least product type ID or a location indication of the product type

17. The method of claim 10 wherein the query parameter set comprises at least a location indication of the display device and store ID

18. The method of claim 17 wherein the location of a display device is determined by the product type ID and the store ID, wherein the product type is in proximity to the display device

19. A method of claim 18 wherein the first store ID and the second store ID are further used to distinguish between lots with the same cycled label in the first and second stores

20. The method of claim 16 wherein the product type ID is determined by an RF device transmission comprises at least product type ID

21. The method of claim 20 wherein the RF device transmission further contains store ID

22. The method of claim 16 wherein the product type ID is determined by reading an optical code

23. The method of claim 16 wherein a product type location indication is determined by an RF transmission content of an RF device in proximity to the product type location.

24. The method of claim 10 wherein the calculation of promotion options of product type members of product types associated with at least one cycled discount labels is based on:

special promotion factors related to inventory management or shelf space management or special promotion factors related to the introduction of a new versions of product types

25. The method of claim 10 wherein the receiving and transmitting protocols to and from the promotion server are based on Internet protocols

26. The method of claim 10 wherein the promotion database or the promotion server is queried by the cash register system for promotion information of product type members

33. The method of claim 10 wherein the query to the promotion server is triggered by promotion change of at least one product type member

27. A method of recommending a product type members purchasing comprised of steps:

acquiring at least the first purchasing event time of at least the first product type by at least first consumer;

acquiring at least the second purchasing event time of at least the first product type by at least first consumer;

calculating the time between the first and the second purchasing events of at least the first product type by at least the first consumer;

storing the time between the purchases of at least the first product type by at least the first consumer;

receiving a query for promotion options providing of at least the first consumer ID;

applying timestamp on the query;

applying statistical operation on the time between purchases data of the at least the first product type by the first consumer;

searching for at least the first product type member of the first product type wherein its remaining lifetime between the query timestamp and the first product type member expiration date is the closest to the statistical operation result of the time between purchases data of at least the first product type by the first consumer;

identifying at least one cycled discount label associated with the first product type member of the first product type as the recommended cycled discount label;

sending a message to the display device comprised of;

at least one recommended cycled discount label for first product type;

displaying a recommendation representation that points to at least one recommended displayed cycled discount label of at least the first product type