Determining a value for a coupon

• US 10,423,975 B2
• Filed: 12/24/2013
• Issued: 09/24/2019
• Est. Priority Date: 10/19/2011
• Status: Active Grant

• Current Assignee: Quotient Technology Inc.
• Original Assignee: Quotient Technology Inc.
• Inventors: Goel, Deepak, Patel, Kavel, Thampy, Sajjit
• Primary Examiner(s): Sigmond, Bennett M
• Assistant Examiner(s): Anderson, Scott C
• Application Number:
  US14/139,877
• Publication Number:
  US 20140114734A1
• Time in Patent Office: 2,100 Days
• Field of Search: 705 1421
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates
• CPC Class Codes: G06Q 30/0219 based on funds or budget

Abstract

Techniques are provided for determining, by a coupon distributor, a value for a coupon of a product or service that will be provided by a coupon provider. The coupon provider provides, to the coupon distributor, one or both of a budget value that indicates an amount the coupon provider is willing to pay the coupon distributor for distributing the coupon, and a redemption rate that indicates one or more target redemption rates. The coupon provider uses a coupon value equation to calculate the coupon value based on a budget value and a redemption rate. The coupon provider might estimate that no coupon value will allow the coupon provider to stay within the budget and ensure that the actual redemption rate will be close to a particular redemption rate, which may or may not be specified by the coupon distributor.

Claims

1. A method performed by a coupon distributor that is different from a coupon provider, the method comprising, prior to distributing a coupon:

using a first computing device of a coupon distributor, sending, to a web browser of a second computing device of the coupon provider, a webpage that is addressed by a particular uniform resource locator (URL);

using the first computing device of the coupon distributor to receive, within a hypertext transfer protocol (HTTP) request from the web browser of the second computing device of the coupon provider that provides a product or service to which the coupon pertains, budget data that indicates an amount to spend, by the coupon provider, on coupon services relating to the issuance of the coupon;

using the first computing device, receiving, from the second computing device, redemption data that indicates a number of anticipated redemptions of the coupon and a plurality of attributes of a coupon campaign that is to be initiated by the coupon provider; and

using the first computing device, and based on a subset of said plurality of attributes of the coupon campaign as a lookup key, selecting, from said first database table, a particular redemption rate function from a plurality of redemption rate functions that occupy said first database table, wherein each redemption rate function of said plurality of redemption rate functions calculates a redemption rate based on a possible coupon value;

using the first computing device, applying the particular redemption rate function to a possible coupon value to calculate an estimated redemption rate;

using the first computing device, computing, based on the estimated redemption rate, the budget data, and the redemption data, a particular value of the coupon;

using the first computing device storing in a second database table the particular value as the value of the coupon in the coupon campaign;

using the first computing device to activate the coupon campaign.

2. The method of claim 1, further comprising receiving the redemption data and the budget data from the coupon provider.

3. The method of claim 1, further comprising receiving one of the budget data and the redemption data from the coupon provider and receiving the other of the budget data and the redemption data from an entity that is different than the coupon provider.

4. The method of claim 1, further comprising receiving the redemption data and the budget data over a network from the second computing device.

5. The method of claim 4, further comprising sending, over the network to the second computing device, a user interface that includes one or more input fields configured to receive the budget data and the redemption data into the one or more input fields from the second computing device.

6. The method of claim 5, wherein:

the user interface is configured for the second computing device to select one payment model from among a plurality of payment models;

a first payment model of the plurality of payment models is a print-based payment model;

a second payment model of the plurality of payment models is a budget-based payment model.

7. The method of claim 1, further comprising computing the particular value of the coupon according to:

8. The method of claim 1, further comprising computing the particular value of the coupon using a function that calculates a plurality of redemption rates based on different possible values of the coupon.

9. The method of claim 8, wherein the function is a first function;

further comprising, after computing the particular value of the coupon;

receiving second budget data that indicates a second amount to spend on coupon services relating to the issuance of a second coupon;

receiving second redemption data that indicates a second number of redemptions of the second coupon;

based on the second budget data and the second redemption data, computing a value of the second coupon;

wherein computing the value of the second coupon comprises using a second function that is different than the first function and that calculates a second plurality of redemption rates based on different possible values of the second coupon.

10. The method of claim 8, wherein the coupon is a first coupon for a first product, wherein the method further comprising, after computing the particular value of the coupon:

receiving second budget data that indicates a second amount to spend on coupon services relating to the issuance of a second coupon for a second product that is different than the first product;

receiving second redemption data that indicates a second number of redemptions of the second coupon;

based on the second budget data and the second redemption data, computing a value of the second coupon;

wherein computing the value of the second coupon comprises using the function that calculates a second plurality of redemption rates based on different possible values of the second coupon.

11. The method of claim 8, wherein:

the coupon is for a first product; and

the function is based on historical data relating to one or more previous coupon campaigns for one or more products that are different than the first product.

12. The method of claim 11, wherein the first product is produced by a first manufacturer and the one or more products are produced by one or more second manufacturers that are different than the first manufacturer.

13. A method comprising, prior to distributing a coupon of a proposed coupon campaign:

using a first computing device of a coupon distributor, sending, to a web browser of a second computing device of the coupon provider, a webpage that is addressed by a particular uniform resource locator (URL);

using the first computing device of the coupon distributor, receiving, within a hypertext transfer protocol (HTTP) request from the second computing device of a coupon provider, a plurality of attributes of the proposed coupon campaign, wherein the plurality of attributes comprises proposed coupon campaign data that indicates one or more of a target budget that indicates an amount to spend on coupon services relating to the proposed coupon campaign or a target redemption rate that indicates a number of anticipated redemptions of the coupon;

using the first computing device, and a subset of said plurality of attributes of the proposed coupon campaign as a lookup key, selecting, from said first database table, a particular redemption rate function from a plurality of redemption rate functions that occupy said first database table, wherein each redemption rate function of said plurality of redemption rate functions calculates a redemption rate based on a possible coupon value;

using the first computing device, applying the particular redemption rate function to a possible coupon value to calculate an estimated redemption rate;

using the first computing device, determining, based on the proposed coupon campaign data, whether to accept the proposed coupon campaign;

using the first computing device, determining, based on the estimated redemption rate, the proposed coupon campaign data, and data about one or more previous coupon campaigns, a value for the coupon of the proposed coupon campaign;

using the first computing device, activating the coupon campaign.

14. The method of claim 13, further comprising, prior to accepting the proposed coupon campaign:

sending, to a coupon provider, one or more new terms for the proposed coupon campaign, wherein the one or more new terms is one of a proposed budget or a proposed redemption rate;

receiving, from the coupon provider, an indication of whether the coupon provider accepts the one or more new terms.

15. The method of claim 13, wherein:

the proposed coupon campaign pertains to a first product or service;

at least one of the one or more previous coupon campaigns pertains to a second product or service that is different than the first product or service.

16. One or more storage media storing instructions which, when executed by one or more processors, cause:

using a first computing device of a coupon distributor, sending, to a web browser of a second computing device of the coupon provider, a webpage that is addressed by a particular uniform resource locator (URL);

using the first computing device of the coupon distributor, receiving, within a hypertext transfer protocol (HTTP) request from the web browser of the second computing device of a coupon provider that provides a product or service to which the coupon pertains, budget data that indicates an amount to spend, by the coupon provider, on coupon services relating to the issuance of the coupon;

using the first computing device, receiving, from the second computing device, redemption data that indicates a number of anticipated redemptions of the coupon and a plurality of attributes of a coupon campaign that is to be initiated by the coupon provider; and

using the first computing device, and based on a subset of said plurality of attributes of the coupon campaign as a lookup key, selecting, from said first database table, a particular redemption rate function from a plurality of redemption rate functions that occupy said first database table, wherein each redemption rate function of said plurality of redemption rate functions calculates a redemption rate based on a possible coupon value;

using the first computing device, applying the particular redemption rate function to a possible coupon value to calculate an estimated redemption rate;

using the first computing device, computing, based on the estimated redemption rate, the budget data, and the redemption data, a particular value of the coupon;

using the first computing device, storing in a second database table the particular value as the value of the coupon in the coupon campaign;

using the first computing device, activating the coupon campaign.

17. The one or more storage media of claim 16 wherein the instructions further cause receiving the redemption data and the budget data from the coupon provider.

18. The one or more storage media of claim 16 wherein the instructions further cause receiving one of the budget data and the redemption data from the coupon provider and receiving the other of the budget data and the redemption data from an entity that is different than the coupon provider.

19. The one or more storage media of claim 16 wherein the instructions further cause receiving the redemption data and the budget data over a network from the second computing device of the coupon provider.

20. The one or more storage media of claim 19 wherein the instructions further cause sending, over the network to the second computing device, a user interface that includes one or more input fields configured to receive the budget data and the redemption data into the one or more input fields from the second computing device.

21. The one or more storage media of claim 20 wherein:

the user interface is configured for the second computing device to select one payment model from among a plurality of payment models;

a first payment model of the plurality of payment models is a print-based payment model;

a second payment model of the plurality of payment models is a budget-based payment model.

22. The one or more storage media of claim 16 wherein the instructions further cause computing the particular value of the coupon according to:

23. The one or more storage media of claim 16 wherein the instructions further cause computing the particular value of the coupon using a function that calculates a plurality of redemption rates based on different possible values of the coupon.

24. The one or more storage media of claim 23 wherein the function is a first function;

wherein the instructions further cause, after computing the particular value of the coupon;

receiving second budget data that indicates a second amount to spend on coupon services relating to the issuance of a second coupon;

receiving second redemption data that indicates a second number of redemptions of the second coupon;

based on the second budget data and the second redemption data, computing a value of the second coupon;

wherein computing the value of the second coupon comprises using a second function that is different than the first function and that calculates a second plurality of redemption rates based on different possible values of the second coupon.

25. The one or more storage media of claim 23 wherein the coupon is a first coupon for a first product, wherein the instructions further cause, after computing the particular value of the coupon:

receiving second budget data that indicates a second amount to spend on coupon services relating to the issuance of a second coupon for a second product that is different than the first product;

receiving second redemption data that indicates a second number of redemptions of the second coupon;

based on the second budget data and the second redemption data, computing a value of the second coupon;

wherein computing the value of the second coupon comprises using the function that calculates a second plurality of redemption rates based on different possible values of the second coupon.

26. The one or more storage media of claim 23 wherein:

the coupon is for a first product; and

the function is based on historical data relating to one or more previous coupon campaigns for one or more products that are different than the first product.

27. The one or more storage media of claim 26 wherein the first product is produced by a first manufacturer and the one or more products are produced by one or more second manufacturers that are different than the first manufacturer.

28. One or more storage media storing instructions which, when executed by one or more processors, cause, prior to distributing a coupon of a proposed coupon campaign:

using a first computing device of a coupon distributor, sending, to a web browser of a second computing device of the coupon provider, a webpage that is addressed by a particular uniform resource locator (URL);

using the first computing device of the coupon distributor, receiving, within a hypertext transfer protocol (HTTP) request from the web browser of the second computing device, a plurality of attributes of the proposed coupon campaign, wherein the plurality of attributes comprises proposed coupon campaign data that indicates one or more of a target budget that indicates an amount to spend on coupon services relating to the proposed coupon campaign or a target redemption rate that indicates a number of anticipated redemptions of the coupon;

using the first computing device, based on a subset of said plurality of attributes of the proposed coupon campaign as a lookup key, selecting, from said first database table, particular redemption rate function from a plurality of redemption rate functions that occupy a database table, wherein each redemption rate function of said plurality of redemption rate functions calculates a redemption rate based on a possible coupon value;

using the first computing device, applying the particular redemption rate function to a possible coupon value to calculate an estimated redemption rate;

using the first computing device, determining, based on the proposed coupon campaign data, whether to accept the proposed coupon campaign;

using the first computing device, determining, based on the estimated redemption rate, the proposed coupon campaign data, and data about one or more previous coupon campaigns, a value for the coupon of the proposed coupon campaign;

using the first computing device, activating the coupon campaign.

29. The one or more storage media of claim 28 wherein the instructions further cause, prior to accepting the proposed coupon campaign:

sending, to a coupon provider, one or more new terms for the proposed coupon campaign, wherein the one or more new terms is one of a proposed budget or a proposed redemption rate;

receiving, from the coupon provider, an indication of whether the coupon provider accepts the one or more new terms.