Reservation gift card

• US 8,510,161 B2
• Filed: 05/03/2004
• Issued: 08/13/2013
• Est. Priority Date: 05/03/2004
• Status: Active Grant

• Current Assignee: Target Brands Inc. (Target Corporation)
• Original Assignee: Target Brands Inc. (Target Corporation)
• Inventors: Murray, Robert
• Primary Examiner(s): VAN BRAMER, JOHN W
• Application Number:
  US10/838,149
• Publication Number:
  US 20050246230A1
• Time in Patent Office: 3,389 Days
• Field of Search: 705/14.1, 705/14.3, 705/14.38, 705/41
• US Class Current: 705/14.38
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/0236 Incentive or reward received by requiring registration or ID from user

Abstract

A method of using a stored-value card to reserve an item includes providing a stored-value card to a customer prior to the release date of an item, adding value to the stored-value card prior to the release date of the item, and reserving the item with the stored-value card. Other method and product embodiments are disclosed.

Claims

1. A method of supporting use of a stored-value card to reserve and purchase an item from a retail merchant, comprising:

providing a stored-value card to a customer prior to a release date of an item, the stored-value card including an activation area linking the stored-value card to an account stored in a database, wherein the database is associated with a retail merchant;

using a point-of-sale computer system to scan the activation area of the stored-value card, access the account stored in the database, and add a value to the stored-value card prior to the release date of the item to automatically secure the item for future purchase after the release date, wherein the value is at least equal to a predetermined minimum value for reserving the item, wherein the value is received from the customer;

reserving the item using the stored-value card, including physically holding the item for purchase by a bearer of the stored-value card on or after the release date; and

on or after the release date;

receiving the stored-value card, which includes the value added thereto, from the bearer of the stored-value card via a store computer configured to read the activation area in exchange for physical delivery of the item to the bearer, and

allowing the bearer to remove the item from premises associated with the retail merchant,

wherein providing the stored-value card, using the point-of-sale computer system to scan the activation area, access the account, and add the value, reserving the item, receiving the stored-value card and allowing the bearer to remove the item are all performed by the retail merchant, and the store computer is located on the premises associated with the retail merchant.

2. The method of claim 1, further comprising displaying the stored-value card to multiple customers.

3. The method of claim 2, wherein the displaying includes supporting multiple stored-value cards simultaneously on a display in a retail store.

4. The method of claim 1, wherein the providing comprises releasably affixing the stored-value card to a substrate.

5. The method of claim 1, wherein using the point-of-sale computer system to add the value to the stored-value card comprises presenting the stored-value card to an employee of the retail merchant operating the point-of-sale computer system.

6. The method of claim 1, wherein using the point-of-sale computer system to add the value to the stored-value card comprises updating a monetary balance for the stored-value card indicated in the account stored in the database.

7. The method of claim 1, further comprising applying the value added to the stored-value card toward a purchase of an item other than the reserved item.

8. The method of claim 1, further comprising holding the reserved item for the customer or customer'"'"'s designee for a predetermined period of time after the release date.

9. The method of claim 8, further comprising ceasing to hold the reserved item after the predetermined period of time.

10. The method of claim 9, wherein the ceasing to hold comprises reducing the value loaded on the stored-value card including updating the account stored in the database.

11. The method of claim 1, further comprising using one of the point-of-sale computer system and the store computer to add additional value to the stored-value card for purchase of one or more items other than the reserved item.

12. The method of claim 1, wherein the providing comprises providing to the customer the stored-value card having zero initial value.

13. The method of claim 12, wherein using the point-of-sale computer system to add the value to the stored value card comprises activating the stored-value card.

14. The method of claim 1, wherein using the point-of-sale computer system to add the value to the stored value card comprises adding a deposit that is less than a full purchase price for the item to the stored-value card.

15. The method of claim 1, further comprising providing a receipt to the customer for the added value.

16. The method of claim 1, wherein receiving the stored-value card in exchange for the item includes receiving additional monetary value from the bearer.

17. The method of claim 1, wherein the item is one of a book and a video game.

18. The method of claim 1, wherein the release date is an earliest date that the item is available to be transferred from the retail merchant to a customer such that the customer can take possession of the item and the item is able to be removed from the premises associated with the retail merchant by the customer.

19. The method of claim 1, wherein providing the stored-value card and using the point-of-sale computer system to add the value are both performed during a single transaction in which the item is secured for future purchase.

20. The method of claim 1, wherein the item is one of a book and a video game, physically holding the item for purchase begins prior to the release date, the release date is the earliest date that the retail merchant can sell the item and allow the item to be removed from the premises associated with the retail merchant, receiving the stored-value card in exchange for the item includes receiving additional monetary value from the bearer, and the method further comprises:

tracking pre-sales of the item by tracking a number of the stored-value cards used to reserve the item, wherein tracking is performed by a technology platform including the point-of-sale terminal, the store computer, and the database;

determining order quantities from a vendor of the item in view of the tracked pre-sales; and

ordering the item in the determined order quantities for delivery to the retail merchant prior to the release date.

21. The method of claim 20, further comprising:

displaying the stored-value card in a retail store on the premises associated with the retail merchant such that the stored-value card is readily accessible by multiple consumers prior to adding the value to the stored-value card.

22. The method of claim 20, further comprising:

tracking the number of stored-value cards used to purchase the item after the release date of the item.

23. A method of making and supporting use of a reservation gift card assembly, comprising:

providing a substrate;

supporting a reservation gift card on the substrate, the reservation gift card defining an activation area linking the reservation gift card to a record of any monetary value associated with the reservation gift card, the activation area being one of a bar code and a magnetic strip;

providing indicia on the reservation gift card and/or the substrate directing a purchaser of the reservation gift card to make a down payment to reserve a pre-release item and to present the reservation gift card to pick up the reserved pre-release item;

maintaining the record in a database separate from the reservation gift card;

increasing the monetary value associated with the reservation gift card by adding the down payment thereto on a first date using one of a plurality of store computers to increase the monetary value in the record, wherein each of the store computers is configured to scan the activation area to determine the record, and each of the store computers is in communication with the database such that each of the store computers can access records stored in the database;

accepting, using one of the plurality of store computers, the reservation gift card and applying the down payment toward a purchase price of the pre-release item on or after a second date, which is different than and subsequent to the first date, wherein the reserved pre-release item is available for pick up only on or after the second date; and

providing the reserved item to a bearer of the reservation gift card following applying the down payment toward the purchase price.

24. The method of claim 23, further comprising adding, using one of the store computers, monetary value to the reservation gift card in excess of the down payment for purchase of one or more items other than the pre-release item.