Method and apparatus for administering a reward program
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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-
Apr 11, 2000
Issued Date -
N/A
app pub date -
Oct 31, 1997
filing date -
Oct 31, 1997
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
In accordance with the present invention, a central controller stores a series of registrations, each of which corresponds to a purchaser of a product. The central controller calculates a measurement of product success, such as the number of products sold or the market share of the product. The central controller determines if the measurement is within a predetermined range. For example, the central controller may determine if the number of products sold exceeds a predetermined threshold. A selected set of registrations which are 'early-adopter' registrations are selected. The set of registrations thereby defines a set of early-adopter purchasers. For example, the central controller may select a set of registrations having ordinal positions within a predetermined range of positions, such as the first hundred registrations. Thus, one hundred early-adopter purchasers are defined. If the measurement of product success is within the predetermined range, a reward, such as a refund or a free product, is provided to each early-adopter purchaser. For example, if sales of the product exceed 1,000,000 units, a reward is provided to each early-adopter purchaser.
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