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Systems and methods for campaign offers and rewards with offer serving engine based on digitized receipt data

a technology of offer serving engine and receipt data, applied in data processing applications, instruments, computing, etc., can solve the problems of taking time and effort to track, exceeding the expected benefit of the incentive program, and the cost to the consumer in terms of time and effort, so as to achieve the effect of estimating long-term revenu

Inactive Publication Date: 2013-04-25
DROPBOX
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

The patent invention is about creating campaign offers and rewards systems that allow advertisers to create multiple purchase offers based on product purchases made over multiple shopping trips and running simultaneous campaigns. The invention also ensures the advertiser has a certainty about how much of the campaign offer budget will be spent and can estimate long-term revenue that the campaign sponsor is likely to realize by providing the user with the offer.

Problems solved by technology

Traditional incentive campaign rewards and offers system campaign offers and rewards systems suffer drawbacks in terms of campaign creation, budgeting, convenience of tracking data, changing promotions, return on investment, and the like.
For example, for a consumer who participates in multiple incentive programs it may take time and effort to track his or her participation in each program.
Therefore, when a consumer receives an offer to participate in an incentive program, the consumer may decide against participating in it, not because the incentive program is not attractive, but because the cost to the consumer, in terms of the time and effort to tracking another incentive program, exceeds the expected benefit of the incentive program.
A similar problem exists for sponsoring companies who wish to offer promotions.
The collective costs of generating incentive campaign rewards programs, administering the programs, tracking the participation of consumers in the incentive campaign reward programs and fulfilling the rewards or prizes won in such incentive programs may exceed the benefits of offering the incentive campaign rewards program.
These costs may be particularly high in instances where the activities associated with an incentive program must be carried out by different companies, or by different organizations within the same company.
Furthermore, the sponsor of a campaign may find itself rewarding its least economically attractive customers who are deal-driven and not likely to be brand advocates or loyalists in the future.
Existing incentive campaign reward programs do not meet the entire consumer and sponsor needs associated with incentive programs.
The processing of promotions, i.e., providing the appropriate check or discount coupon to the customer as a reward for the initial purchase, involves high volume and labor intensive activity, including collection, verification and organization of initial proofs of purchase and related information, preparation of the checks, coupons or other items using preprinted stock provided by the sponsor in connection with the particular promotion, and finally the sorting of individual items based on their mailing destinations.
This increases handling expense, not only in added labor, but also in the mailing cost, as it is difficult with a single promotion to accumulate a volume of items sufficient to qualify for certain reduced postage rates, e.g. the reduced rate available for mail presorted by zip code of the destination.
Manual recombination and sorting of items for multiple promotions would be prohibitively expensive.
Many problems exist with the traditional coupon distribution and redemption system.
For example, few consumers will go through all the steps necessary to redeem their coupons, and the consumers who do go to the trouble of redeeming coupons are disproportionately extremely price-sensitive and adept at extracting maximum value from incentive programs, often combining multiple coupons and store coupons to receive products at little to no out of pocket cost, making their redemptions a money-losing proposition for the product's manufacturer and limiting the effectiveness of the overall campaign.
Thus, reluctance by a “typical” consumer to take all necessary steps partially defeats the manufacturer's purpose for offering the purchase incentive.
However, when the coupon is forgotten or disregarded, the consumer is usually not aware of the incentive when he is selecting a product among different brands at the retail store.
A further problem with coupon redemption systems is verification.
Because the verification of redemption conditions is performed by a check-out clerk using point of sale (POS) systems, sometimes the programming of the POS systems do not properly enforce a campaign's rules.
Thus, the system of Peach et al. reduces some of the paperwork associated with single-promotion systems, but it merely mitigates, rather than solves, the problems inherent in paper-based promotions.
However, existing incentive campaign reward programs do not solve all consumer and sponsor needs.
In particular, such promotional games do not assist consumers in tracking participation in multiple promotions and do not assist sponsors in generating incentive programs, tracking participation in incentive programs and fulfilling rewards and prizes.
The card-based system of Schultz takes advantage of certain data processing capabilities of computer systems and certain data storage capabilities of electronic card technologies; however, among other drawbacks, the system of Schultz does not address the need for a system that assists sponsor companies in generating incentive programs, in tracking participation of consumers in multiple incentive programs, or in fulfilling rewards.
Such systems have requirements peculiar to their respective industries, and none of the existing systems address all of the problems inherent in known incentive programs, particularly the problem of the need for an incentive program system that conveniently tracks participation while offering automated generation of incentive campaign reward programs and automated fulfillment of rewards won in incentive programs.
Computer incentive campaign reward programs are offered on the Internet; however, such systems are generally offered by a single sponsor and are generally limited to offering consumers the ability to participate in incentive programs.
Known campaign offers and rewards systems do not offer sponsors the ability to conveniently generate incentive programs, to track participation of consumers in multiple incentive programs, or to provide for automated fulfillment of rewards.
Another important drawback of known computer incentive campaign rewards program systems is that the obligation to fulfill the rewards promised in a promotional campaign is often a logistically difficult and expensive task.
There are numerous problems with current incentive campaign rewards programs.
The people who receive and redeem offers, such as coupons, may not have the purchasing characteristics to make the incentive, provided by the offer efficient for the marketer.
There is a great deal of uncertainty in determining the redemption rate of that offer (i.e., coupon), and the associated costs to merchants or product producers, e.g. the campaigner.
Current campaign rewards programs do not provide the campaigner with certainty about how much of a campaign will be redeemed.
Another problem with campaign reward programs and systems is that they do not look at the state of a campaign budget and make a decision as to whether it makes sense to give a proposed recipient the offer.
Yet another problem is that campaign reward programs of today do not have a cross-retailer shopper's purchaser history and the brand offer requirements, e.g. the budget of the campaign.
Still a further problem of campaign reward programs is that there is a lack of control of the redemption mechanism.

Method used

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  • Systems and methods for campaign offers and rewards with offer serving engine based on digitized receipt data
  • Systems and methods for campaign offers and rewards with offer serving engine based on digitized receipt data
  • Systems and methods for campaign offers and rewards with offer serving engine based on digitized receipt data

Examples

Experimental program
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example 1

EXAMPLE 1

[0215]Friends 1 to n: each earn 50% cash back when she buys a branded toilet paper; endorser: earns 100% cash back when 5 of her friends claim the offer for branded toilet paper.

[0216]In one embodiment, the system accesses a set of user records containing transaction data for a plurality of users. Transactions are correlated in a first set of input classes that occurred in a first time period to transactions in a first correlated class that occurred in a second time period. The second time period is subsequent to the first time period and defines first input class correlation data for the first set of input classes. At least a portion of data of the first input class correlation data is used to represent a statistical correlation between the existence of transactions that occurred in at least one transaction class in the first set of input classes with transactions that occurred in the first correlated class in the second time period. Not all of the data is used. Some of th...

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PUM

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Abstract

A campaign offers and rewards system has an offer serving engine coupled to one or more network servers. A receipt intelligence engine includes a processor and receipt processing. The receipt processing extracts information from a receipt, including information about items purchased based on a receipt from at least one of a shopping trip and an electronic receipt from an online or offline transaction. An output outputs information. An analytics engine is coupled to the receipt intelligence engine. The analytics engine includes a predictive model function using information from the receipt processing. The analytics engine determines values representing statistical correlations from the receipt processing.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application claims the benefit of U.S. 61 / 701,431, U.S. 61 / 701,437, U.S. 61 / 701,458, U.S. 61 / 701,477 and U.S. 61 / 701,479, all filed Sep. 14, 2012, which applications are fully incorporated herein by reference.BACKGROUND[0002]1. Field of the Invention[0003]The present invention is related to campaign offers and rewards systems and methods, and more particularly to campaign offers and rewards systems and methods that process and extract information about items purchased based on any receipt.[0004]2. Description of the Related Art[0005]One of the most common concerns for many businesses is the need to develop fresh ways to acquire new customers and to retain current customers. There are currently a number of campaign offers and reward programs in place across many different merchants and products that attempt to build customer loyalty and attract new consumers. These types of programs tend to reward consumers for shopping frequently for...

Claims

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Application Information

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IPC IPC(8): G06Q30/02
CPCG06Q30/0229G06Q30/0226G06Q30/0233G06Q30/0219G06Q30/0224G06Q30/0251G06Q30/0207G06Q30/0214G06Q30/0249
Inventor CARPENTER, STEVEN A.KLEIN, ERIKO'BRIEN, GEORGECHASTAGNOL, FRANCKVAIDYA, JITENDRATIHON, JACK
Owner DROPBOX
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