Method of optimizing an offer value to a selected group of consumers
AssigneeKezzler AS
InventorMagnar Løken
Life of this patent
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AssigneeKezzler AS
InventorMagnar Løken
Estimating the term…
A method of optimizing an offer value to be offered to a selected group of consumers includes selecting a series of products, wherein each are serialized unique code marked; selecting a target group of consumers from a consumer database, each consumer with a registered consumer profile in the consumer database, the selecting based on a set of criteria; selecting a first subgroup of consumers from the target group of consumers; determining an initial offer value of the uniquely code marked product to be presented to the initial first subgroup of consumers; distributing (offering) the initial offer value to the selected initial first subgroup of consumers; a number of the selected initial first subgroup of consumers accepting the offer; associating the code of the uniquely code marked product to the acceptance of offer to the consumer profile of each the accepting consumer in the first subgroup of consumers; summing the number of accepted uniquely code marked products to a first uptake value as a function of the initial offer value; registering the initial offer value and the first uptake value in order to calculate a first initial profit value; repeating, for a number of second, third, . . . time, the following steps: selecting a second, third, . . . subgroup of consumers from the target group of consumers; determining a second (third, . . . ) offer value of the uniquely code marked product to be presented to the second, third, . . . subgroup of consumers, being different from the first offer value; distributing (offering) the second (third, . . . ) offer value to the selected second, third, . . . subgroup of consumers; a number of the selected second group of consumers accepting the second, third, . . . offer; associating the code of the uniquely code marked product to the accepted second (third, . . . ) offer value to the consumer profile of each the accepting consumer; summing the second (third, . . . ) number of accepted uniquely code marked products to a second (third, . . . ) uptake value as a function of the second (third, . . . ) offer value; registering the second (third, . . . ) offer value and the second (third, . . . ) uptake value in order to calculate a second, (third, . . . ) initial profit value; thus establishing a set of uptake values as a function of offer values, and their calculated or estimated corresponding profit values; based on these data points, establishing a relationship of profit as a function of offer value; selecting from the relationship a near-optimal offer value giving a near-optimal profit; distributing (offering) the optimal offer value to a large part of or all of the selected target group of consumers.
A method of optimizing an offer value to be offered to a selected group of consumers so as to materially increase a manufacturing infrastructure around a product according to the optimized offer value, comprising the steps of:
Dependencies are inferred from the claim text.