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TRANSACTION INCENTIVE AND COMMISSION DISTRIBUTION SYSTEM

  • US 20130332265A1
  • Filed: 06/06/2013
  • Published: 12/12/2013
  • Est. Priority Date: 06/08/2012
  • Status: Abandoned Application
First Claim
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1. A transaction incentive and commission distribution system adapted to distribute commissions from one supplier to a marketing firm for sales of products of the supplier wherein said transactions also involve at least one donor and one recipient of the products, said system comprising the steps of:

  • designating through the marketing firm of the one supplier and one recipient of at least one product of the supplier;

    organizing an electronic database to contain records identifying the at least one product and the commission from the supplier to the marketing firm for the sale of the product by the supplier;

    attracting at least one donor to contribute funds to be used to purchase the supplier'"'"'s products through an online marketing campaign by the marketing firm and/or the recipient;

    recording the donations and transaction data for purchase of the supplier'"'"'s products;

    electronically transmitting the transaction data;

    determining a commission for the marketing firm on the basis of product purchase data recorded; and

    effecting a monetary payment in the amount of the commission value to the marketing firm.

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