ITEM-BASED SELLER SALES INCENTIVE METHOD

• US 20090187478A1
• Filed: 01/18/2008
• Published: 07/23/2009
• Est. Priority Date: 01/18/2008
• Status: Abandoned Application

• Current Assignee: Maritz Holdings Inc. (InMoment, Inc.)
• Original Assignee: Maritz Incorporated
• Inventors: Shipley, Samuel E.
• Application Number:
  US12/016,748
• Publication Number:
  US 20090187478A1
• Time in Patent Office: Days
• US Class Current: 705/14.340
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0234 Rebates after completed purchase

Abstract

A manufacturer to dealer incentive program allows the manufacturer to incentivize sales of the dealer. The manufacturer allocates credits to the dealer for vehicles sold by the dealer, and the dealer assigns the credits to individual vehicles in the dealer'"'"'s inventory. When a sales person of the dealer sells a particular vehicle having credits assigned to it, the manufacturer provides an incentive to the sales person as a function of the number of credits assigned to the particular vehicle.

Claims

1. (from the perspective of the supplier) A method for use by a supplier for incentivizing a seller and/or the seller'"'"'s sales person to sell a plurality of items of the supplier in an inventory of the seller, said method comprising:

allocating credits to the seller;

receiving from the seller an assignment of a quantity of the allocated credits to a selected individual item in the inventory; and

providing an incentive to the seller in response to the seller selling the selected item, said incentive being a function of the quantity of credits assigned to the selected item.

2. The method of claim 1 wherein:

allocating credits occurs during a first program period;

receiving the assignment occurs during a second program period; and

providing the incentive occurs during a third program period.

3. The method of claim 2 wherein the first, second, and third program periods are sequential and do not overlap.

4. The method of claim 2 wherein the second and third program periods overlap;

said method further comprising;

revoking credits allocated to the seller during the first program period, wherein said revoked credits were not assigned to items that sold during the third program period;

allocating credits to the seller for items sold during the third program period;

receiving an assignment of the credits allocated during the third program period to items in the inventory during a fourth program period; and

providing an incentive to the seller for items sold during a fifth program period having credits assigned to said sold items.

5. The method of claim 2 further comprising revoking the credits assigned to the selected item at a conclusion of the third program period in response to the seller failing to sell the selected item during the third program period, and revoking any credits not assigned to an item in the inventory of the seller at the conclusion of the third program period.

6. The method of claim 1 wherein allocating credits to the seller comprises allocating one credit to the seller for each item the seller sells from the inventory of the seller and wherein providing the incentive comprises paying a predetermined amount for each credit assigned to the sold selected item.

7. The method of claim 1 wherein allocating credits to the seller comprises allocating credits to the seller as a function of a characteristic of the sold selected item, wherein the characteristic is one of the following:

an identity of the item, a length of time the item has been in the inventory of the seller, a type of the item, or a group to which the item belongs.

8. The method of claim 1 wherein providing the incentive to the seller comprises paying a predetermined amount for each credit assigned to the sold selected item, wherein the predetermined amount is a function of a characteristic of the sold selected item to which the quantity of credits are assigned, wherein the characteristic is one of the following:

an identity of the item, a length of time the item has been in the inventory of the seller, a type of the item, or a group to which the item belongs.

9. The method of claim 1 wherein:

no more than a predetermined number of credits are assigned to any item in the inventory, wherein said predetermined number of credits is set by the supplier;

the incentive is equal to a multiple of the quantity of credits assigned to the selected item;

the incentive provided for each credit is a predetermined amount of money;

the selected item is a vehicle;

the seller is an automobile dealer;

the incentive is provided to a sales person of the seller who sells the selected item; and

each item in the inventory is identified by at least one of the following;

a vehicle identification number or a serial number.

10. The method of claim 1 wherein:

allocating credits to a seller comprises allocating a predetermined quantity of credits to the seller;

receiving an assignment comprises receiving an assignment of one credit to each of a quantity of items in the inventory of the seller, wherein said quantity of items is equal to the predetermined quantity of allocated credits; and

providing an incentive comprises providing an incentive to a sales person of the seller as a function of a quantity of items sold by the sales person, each of said quantity of sold items having one credit assigned to said item.

11. (from the perspective of the seller) A method in which a seller of items from a supplier acquires incentives from the supplier, said method comprising:

receiving credits from the supplier in response to selling items from the supplier from an inventory of the seller;

assigning a quantity of the received credits to a selected individual item of the supplier in the inventory of the seller; and

receiving an incentive in response to selling the selected item, said incentive being a function of the quantity of credits assigned to the selected item.

12. The method of claim 11 wherein the received credit is provided by a manufacturer of the item and the received incentive is paid by a manufacturer of the item.

13. The method of claim 11 wherein:

receiving credits occurs during a first program period;

assigning the received credits occurs during a second program period; and

receiving the incentive occurs during a third program period.

14. The method of claim 13 wherein the first, second, and third program periods are sequential and do not overlap.

15. The method of claim 13 wherein the second and third program periods overlap;

said method further comprising;

relinquishing credits received during the first program period, wherein said relinquished credits were not assigned to items that sold during the third program period;

receiving credits for items sold during the third program period;

assigning the credits received during the third program period to items in the inventory during a fourth program period; and

receiving an incentive in response to selling items in the inventory during a fifth program period having credits assigned to said sold items.

16. The method of claim 13 further comprising relinquishing the credits assigned to the selected item at a conclusion of the third program period in response to failing to sell the selected item, and relinquishing any credits not assigned to an item in the inventory of the seller at the conclusion of the third program period.

17. The method of claim 11 wherein receiving credits comprises receiving one credit for each item sold from the inventory of the seller and wherein receiving an incentive comprises receiving a predetermined amount for each credit assigned to the sold selected item.

18. The method of claim 11 wherein receiving credits comprises receiving credits from the supplier as a function of a characteristic of the sold selected item, wherein the characteristic is one of the following:

an identity of the item, a length of time the item has been in the inventory of the seller, a type of the item, or a group to which the item belongs.

19. The method of claim 11 wherein the incentive received for each credit of the quantity of credits is a predetermined amount, wherein the predetermined amount is a function of a characteristic of the selected item to which the quantity of credits are assigned, wherein the characteristic is one of the following:

an identity of the item, a length of time the item has been in the inventory of the seller, a type of the item, or a group to which the item belongs.

20. The method of claim 13 wherein:

no more than a predetermined number of credits are assigned to any item in the inventory, wherein said predetermined number of credits is set by the supplier;

the incentive is equal to a multiple of the quantity of credits assigned to the selected item;

the incentive provided for each credit is a predetermined amount of money;

the predetermined amount of money is 500 dollars;

the selected item is a vehicle;

the seller is an automobile dealer;

the incentive is paid to a sales person of the seller who sells the selected item; and

each item in the inventory is identified by at least one of the following;

a vehicle identification number or a serial number.

21. One or more tangible computer-readable storage media having computer-executable components for implementing an incentive program wherein a supplier allocates a credit to a seller for each item sold from an inventory of the seller during a first program period, the seller assigns each allocated credit to an item in the inventory, and the supplier pays an incentive to the seller for each credit assigned to an item in the inventory of the seller that is sold during a second program period, said computer-executable components comprising:

a supplier interface component for use by the supplier for designating items or groups of items in the inventory of the seller for which the supplier allocates a credit to the seller upon the sale of the designated item by the seller and for designating items or groups of items in the inventory of the seller that are eligible to have credits assigned to them by the seller;

a database component for storing a plurality of identifiers, each of said identifiers corresponding to an individual item in the inventory of the seller, credit data indicating how many of the allocated credits are unassigned to an item in the inventory of the seller, and assignment data indicating how many credits are assigned to each individual item in the inventory; and

a seller interface component for receiving from the seller an assignment of credits allocated to the seller to items of the supplier in the inventory of the seller, wherein the database component determines the credit data and assignment data from the assignment of credits received from the seller.

22. The computer-readable storage media of claim 21 wherein the seller interface component queries the database component, displays the credit data to the seller, and enables the seller to assign each unassigned credit to an item in the inventory of the seller;

wherein the computer-executable components of the computer readable storage media further comprise a sales interface component for use by a sales person of the seller, said sales interface for querying the database component and for displaying at least one identifier corresponding to a first item in the inventory of the seller and assignment data corresponding to the first item.

23. The computer-readable storage media of claim 22 wherein the sales interface component displays a list of identifiers along with assignment data corresponding to each of the identifiers in the list and sales data for a sales person accessing the sales interface component.

24. The computer-readable storage media of claim 21 wherein the seller interface component enables the seller to assign more than one credit to the same item in the inventory, and wherein the seller interface component does not allow the seller to assign more than a predetermined number of credits to any item in the inventory.

25. The computer-readable storage media of claim 21 further comprising a report component for querying the database component and providing a report to the supplier indicating the number of credits assigned to items sold by the seller.

26. The computer-readable storage media of claim 21 wherein the seller interface component enables the seller to report sales data, said sales data comprising a date of sale, a responsible sales person, and the identifier for each item sold from the inventory of the seller.

27. (from the perspective of both the supplier, the seller and sales person) A method for use by a supplier for incentivizing a sales person of a seller to sell an item of the supplier in an inventory of the seller, said method comprising:

qualifying by a seller for credits from the supplier based on sales by the sales by the sales person during a predetermined period of time;

allocating by the supplier to the seller the qualified credits;

assigning by the seller a quantity of the allocated credits to each selected individual item of the supplier in the inventory of the seller; and

providing an incentive to the sales person of the seller in response to the sales person selling one or more of the selected items during a predefined period of time, said incentive being a function of the quantity of credits assigned to the sold selected items.