SYSTEM AND METHOD FOR CUSTOMER INCENTIVE DEVELOPMENT AND DISTRIBUTION

• US 20130124281A1
• Filed: 05/11/2012
• Published: 05/16/2013
• Est. Priority Date: 05/13/2011
• Status: Abandoned Application

• Current Assignee: Closely Incorporated (Gannett Co., Inc.)
• Original Assignee: Closely Incorporated (Gannett Co., Inc.)
• Inventors: Evans, Perry R., Bender, Thomas B.
• Application Number:
  US13/470,017
• Publication Number:
  US 20130124281A1
• Time in Patent Office: Days
• US Class Current: 705/14.13
• CPC Class Codes: G06Q 30/0213 Consumer transaction fees

Abstract

A system for advertising and promotion comprises identifying a promotion to be offered to a consumer, identifying a consumer that is interested in the promotion, identifying a plurality of consumer-specific attributes, using at least one of the consumer-specific attributes to determine a promotion offering value, offering the promotion to the consumer at the promotion offering value determining whether the consumer agrees to purchase the promotion at the promotional offering value, and determining whether to adjust the promotional offering value based on whether the consumer agreed to purchase the promotion.

Claims

1. A system for advertising and promotion wherein the value of the promotion is determined based on a profile of the consumer, the system comprising:

a merchant server computer;

a microprocessor; and

a memory, the memory programmed to execute a method of calculating a value for and delivering a promotion to a consumer, the method comprising,

identifying a promotion to be offered to a consumer;

identifying a consumer that is interested in the promotion;

identifying a plurality of consumer-specific attributes;

using at least one of the consumer-specific attributes to determine a promotion offering value;

offering the promotion to the consumer at the promotion offering value;

wherein the plurality of consumer-specific attributes related to the promotion are selected from the group consisting of,

consumer purchasing data;

a consumer temporal profile; and

a consumer statistical trend profile;

determining whether the consumer agrees to purchase the promotion at the promotional offering value; and

determining whether to adjust the promotional offering value based on whether the consumer agreed to purchase the promotion.

2. The system for advertising and promotion of claim 1, wherein determining the offering value for the promotion is executed on the merchant server.

3. The system for advertising and promotion of claim 1, wherein determining the offering value for the promotion is executed on a server remote from the merchant server.

4. The system for advertising and promotion of claim 1, wherein the memory is located on the merchant server.

5. The system for advertising and promotion of claim 1, wherein the memory is located on a web application server remote from the merchant server.

6. The system for advertising and promotion of claim 1, further comprising an merchant interface and a consumer interface.

7. The system for advertising and promotion of claim 1, wherein the system is distributed across a wide area network.

8. The system for advertising and promotion of claim 1, wherein the system is distributed across a local area network.

9. The system for advertising and promotion of claim 1, further comprising a social network interface for gathering social network data about the consumer.

10. The system for advertising and promotion of claim 9, wherein the social network interface includes a database that contains the consumer social network data.

11. The system for advertising and promotion of claim 6, wherein the merchant interface includes a live offer management interface, a live offer notify/select interface, a live offer social rewards interface, and a user profile interface.

12. The system for advertising and promotion of claim 6, wherein the consumer interface includes a live offer notify/select interface, a live offer unlock/redeem interface, a live offer share interface, and a live offer social message interface.

13. A method of advertising and promotion, wherein the promotion value is varied according to the specific consumer being offered the promotion, the method comprising:

executing on a merchant computer server that includes a processor and memory, an algorithm adapted to,

identify a promotion to be offered to a consumer;

identify a consumer that is interested in the promotion;

identify a consumer-specific attribute related to the promotion;

use the consumer-specific attribute to determine a value for the promotion;

offer the promotion to the consumer at the determined promotion value;

determine whether the consumer agrees to purchase the promotion at the determined promotional value; and

determine whether to adjust the determined promotional value based on whether the consumer agreed to purchase the promotion.

14. The method of claim 13, wherein the consumer-specific attribute is a consumer purchaser profile.

15. The method of claim 13, wherein the consumer-specific attribute is a consumer temporal profile.

16. The method of claim 13, wherein the consumer-specific attribute is a consumer statistical trend profile.

17. The method of claim 13, wherein the consumer-specific attribute is a merchant opportunity profile.

18. The method of claim 13, wherein the algorithm further comprises further modifying the promotion value if the consumer declines the promotion offer.

19. The method of claim 13, wherein the algorithm further comprises determining whether to offer the promotion in a private or public market.

20. The method of claim 13, wherein the algorithm uses a plurality of consumer-specific attributes to determine a value for the promotion.