System and method for networked loyalty program
First Claim
1. A method for implementing a loyalty program at a host computer system, said method comprising the steps of:
- receiving and storing manufacturer item identifiers, wherein said manufacturer item identifiers are received from a manufacturer;
receiving and storing retail item identifiers, wherein said retail item identifiers are received from a merchant;
associating and storing each of said retail item identifiers with a corresponding one of said manufacturer item identifiers;
receiving and processing a purchase transaction, wherein said purchase transaction includes a consumer ID, a retailer item identifier, and a purchase price;
retrieving a manufacturer item identifier corresponding to said retail item identifier;
calculating a first set of reward points based on said consumer ID, said purchase price and a first currency to point ratio corresponding to said retailer item identifier;
calculating a second set of reward points based on said consumer ID, said purchase price and a second currency to point ratio corresponding to said manufacturer item identifier;
calculating a third set of reward points based on said consumer ID, said purchase price and a third currency to point ratio corresponding to affiliated Service Establishment (SE) numbers; and
,combining said first set of reward points, said second set of reward points, and said third set of reward points within a loyalty account associated with said consumer ID.
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Abstract
The present invention provides a system for implementing a loyalty program on a network-wide level. The system associates UPC and SKU data on a network level to reward consumers and/or to analyze the data for a variety of business purposes, such as market segmentation analyses and/or analyses relating to consumer spending behaviors or patterns for example. In accordance with one aspect of the invention, the association of UPC and SKU data by the system facilitates implementation of an incentive or loyalty program by providing a universal rewards currency. This universal rewards currency may be “spent” by participants who have earned rewards and accepted by the other participants in the multi-tiered network created by the system. The network may comprise any number of participants, including consumers, retailers (and any of their employees), manufacturers, third-party providers, and the like. In accordance with another aspect of the invention, the association of UPC and SKU data by the system facilitates data analysis on a network level based upon several factors, including a consumer ID, consumer profile, retailer ID, SKU number, UPC, manufacturer ID, and/or the like. The system may compile any of the above data across multiple entities for the purpose of data analysis, such as analyses which may be employed in strategic planning and marketing for example.
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Citations
21 Claims
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1. A method for implementing a loyalty program at a host computer system, said method comprising the steps of:
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receiving and storing manufacturer item identifiers, wherein said manufacturer item identifiers are received from a manufacturer; receiving and storing retail item identifiers, wherein said retail item identifiers are received from a merchant; associating and storing each of said retail item identifiers with a corresponding one of said manufacturer item identifiers; receiving and processing a purchase transaction, wherein said purchase transaction includes a consumer ID, a retailer item identifier, and a purchase price; retrieving a manufacturer item identifier corresponding to said retail item identifier; calculating a first set of reward points based on said consumer ID, said purchase price and a first currency to point ratio corresponding to said retailer item identifier; calculating a second set of reward points based on said consumer ID, said purchase price and a second currency to point ratio corresponding to said manufacturer item identifier; calculating a third set of reward points based on said consumer ID, said purchase price and a third currency to point ratio corresponding to affiliated Service Establishment (SE) numbers; and
,combining said first set of reward points, said second set of reward points, and said third set of reward points within a loyalty account associated with said consumer ID. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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Specification