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Method and system for handling discount coupons by using centrally stored manufacturer coupons in place of paper coupons

  • US 5,185,695 A
  • Filed: 02/13/1992
  • Issued: 02/09/1993
  • Est. Priority Date: 07/14/1988
  • Status: Expired due to Term
First Claim
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1. A method of creating and processing product redemption coupons comprising the steps of:

  • preparing a central list of products qualifying for a manufacturer redemption coupon amount, transmitting product data from the central list to a retainer for storage in a coupon redemption list for use at a checkout station at the retailer, displaying various products, placing coupon indicia adjacent a selected product for distinguishing the product from other products as a manufacturer coupon product which products are on the central list, selecting a redemption coupon upon movement and presentation of the associated coupon product to the checkout station exclusive of prior selection of the coupon by a purchaser, obtaining a retail price of the coupon product, comparing the coupon product with the coupon redemption list and deducting the coupon amount from the retail price such that the retail price of all coupon products available at the retailer and on the central list will be automatically deducted by the coupon amount exclusively and independently of any selection by the purchaser other than moving the product to the checkout station, producing a paid signal for each redemption coupon product processed through the checkout station, accumulating totals from the paid signals to provide total manufacturer amounts, and transferring the manufacturer amounts from the retailer to each manufacturer whereby every product having a coupon associated therewith on the central list is automatically reduced by the coupon amount at the checkout station solely upon selection and movement of a product to the checkout station exclusive of any other selection of the coupon by the purchaser.

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