Incentivizing sharing in social networks
AssigneeLivingSocial, Inc.
InventorsElena Zheleva, Joseph John Pfeiffer, III
Life of this patent
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AssigneeLivingSocial, Inc.
InventorsElena Zheleva, Joseph John Pfeiffer, III
Estimating the term…
An online incentive network is optimized. Online incentive network data is accessed including data regarding sharing between users of the network from at least one database. Inputted parameters and network data are applied to one or more models for incentivized deal sharing to determine profitability of an incentivized sharing deal to offer to plurality of users via an online network for one or more products or services provided by a merchant. The incentivized sharing deal comprises a deal in which a user purchases a particular deal, and then when the user shares the particular deal with a threshold number of other users who also purchase the deal, the user receives an incentive. The parameters include a price of the deal; a proportion of the deal kept by the merchant or the online incentive network, and the number of incentivized users. An interface offers the incentivized sharing deal to users.
A computer implemented method of simulating and optimizing an online incentive network without a need to concentrate on identifying a relatively small set of individuals with high network values and incentivizing the relatively small set of individuals to adopt a product, in the hope that the small set of individuals would influence many others to also adopt this product, the method of simulating and optimizing the online incentive network performed via an incentivized sharing model that (i) takes as input, parameters of organic sharing of an existing network to predict an effect of an incentive and (ii) provides, after purchasing a product, a reward if the user provides, via a dedicated link, an offer for the product to other users resulting in at least a threshold number (N) or more others purchasing the product, the method comprising:
An online service provider system configured to simulate and optimize an online incentive network without a need to concentrate on identifying a relatively small set of individuals with high network values and incentivizing the relatively small set of individuals to adopt a product, in the hope that the small set of individuals would influence many others to also adopt this product, the method of simulating and optimizing the online incentive network performed via an incentivized sharing model that (i) takes as input, parameters of organic sharing of an existing network to predict an effect of an incentive and (ii) provides, after purchasing a product, a reward if the user provides, via a dedicated link, an offer for the product to other users resulting in at least a threshold number (N) or more others purchasing the product, the system comprising:
Dependencies are inferred from the claim text.