Sensor incentive method

• US 20050055276A1
• Filed: 06/25/2004
• Published: 03/10/2005
• Est. Priority Date: 06/26/2003
• Status: Abandoned Application

• Current Assignee: Masimo Corporation
• Original Assignee: Masimo Corporation
• Inventors: Mosher, Kevin, Kiani, Massi E.
• Application Number:
  US10/877,798
• Publication Number:
  US 20050055276A1
• Time in Patent Office: Days
• US Class Current: 705/14.100
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0207 Discounts or incentives, e.g. coupons or rebates

Abstract

A sensor incentive method provides a sensor adapted to function with an installed base of conventional physiological instruments. An incentive is associated with the sensor in connection with a sensor purchase. The incentive is applied to a qualified physiological instrument purchase so as to motivate or otherwise enable the upgrade or replacement of the installed base with advanced physiological instruments. The accumulation of multiple incentives may also apply to the purchase. In one embodiment, a coupon is associated with the sensor purchase, the coupon having a monetary value applicable to the purchase of advanced physiological instruments. The coupon is redeemed for the monetary value during the qualified purchase. Multiple coupons may be accumulated and redeemed for the monetary value times the number of coupons.

Claims

1. A sensor incentive method comprising the steps of:

providing a sensor adapted to function with an installed base of conventional physiological instruments;

associating an incentive with said sensor in connection with a sensor purchase; and

applying said incentive to a qualified purchase of advanced physiological instruments so as to motivate the upgrade or replacement of said installed base with said advanced physiological instruments.

2. The sensor incentive method according to claim 1 further comprising the step of enabling multiple ones of said incentive to apply to said qualified purchase.

3. The sensor incentive method according to claim 2 wherein said associating step comprises the substep of supplying a coupon with said sensor purchase, said coupon having a monetary value applicable to said qualified purchase.

4. The sensor incentive method according to claim 3 wherein said applying step comprises the substep of redeeming said coupon for said monetary value during said qualified purchase.

5. The sensor incentive method according to claim 4 wherein said enabling step comprises the substep of assigning a total redemption value to said multiple ones of said incentive equivalent to the product of the number of said multiple ones and said monetary value.

6. The sensor incentive method according to claim 5 wherein said conventional physiological instruments and said advanced physiological instruments are pulse oximeters.

7. A sensor incentive method comprising the steps of:

associating a coupon having a monetary value with a sensor purchase,

multiplying said cash value by the number of accumulated ones of said coupon to yield a redemption value; and

applying said redemption value to a qualified pulse oximeter purchase.

8. The sensor incentive method according to claim 7 wherein said associating step comprises the substep of packaging said coupon with a generic sensor so as to provide an incentive to upgrade or replace an installed base of conventional pulse oximeters with advanced pulse oximeters.

9. The sensor incentive method according to claim 7 wherein said associating step comprises the substep of packaging said coupon with an advanced sensor so as to provide an incentive to expand an installed base of advanced pulse oximeters.

10. The sensor incentive method according to claim 7 wherein said associating step comprises the substep of packaging said coupon with an advanced sensor so as to provide an incentive to upgrade or replace an installed base of conventional pulse oximeters with advanced pulse oximeters.

11. A sensor incentive method comprising the steps of:

offering a sensor at an actual price;

associating a coupon having a monetary value with said sensor; and

redeeming said coupon in conjunction with a purchase of a qualified physiological measurement product so that said sensor has an effective price of said actual price less said monetary value that is competitive with market prices.

12. A sensor incentive method comprising the steps of:

offering a plurality of sensors for use with conventional physiological instruments, wherein said sensors has a range of grades;

pricing each of said sensors according to said grades;

defining a plurality of coupons having a range of monetary values applicable to the purchase of a qualified product; and

associating said coupons with said sensors so that said monetary values correspond to said grades.