Method of providing a dividend on a transaction based on calculating and providing a third-party discount

A method of linking a third-party discounter to a unique customer ID in a retail sales transaction comprising:

• assigning a unique customer ID to a customer;
• creating a customer account record associated with the unique customer ID;
• adding a registered third-party discounter to the customer account record;
• processing a sale of a good in a sales transaction;
• determining if the registered third-party discounter offers a discount on the good;
• verifying that the customer is currently registered with the registered third-party discounter associated with the good to ensure a current eligibility of the customer;
• applying a predetermined third-party discount to a gross sales price of the good to determine a net sales price for the good;
• collecting a monetary value from the customer equaling the net sales price for the good;
• and
• incrementing a dividend account balance associated with the customer account record based on the net sales price.

A method of linking a plurality of drug manufacturers to a unique customer ID in a retail sales transaction comprising:

• assigning a unique customer ID to a customer;
• creating a customer account record associated with the unique customer ID;
• adding a plurality of registered drug manufacturers to the customer account record;
• processing a sale of a drug in a sales transaction;
• identifying a registered drug manufacturer associated with the drug;
• verifying that the customer is currently registered with the registered drug manufacturer associated with the drug to ensure a current eligibility of the customer;
• applying a predetermined drug manufacturer discount to a gross sales price of the drug to determine a net sales price for the drug;
• and
• collecting a monetary value from the customer equaling the net sales price for the drug.

A method of linking a drug manufacturer to a unique customer ID in a retail sales transaction, comprising the steps of:

• assigning a unique customer ID to a customer;
• creating a customer account record associated with the unique customer ID;
• adding a registered drug manufacturer to the customer account record;
• processing a sale of a drug in a sales transaction;
• determining if the registered drug manufacturer offers a rebate on the drug in the sales transaction;
• verifying that the customer is currently registered with the registered drug manufacturer associated with the drug in the sales transaction to ensure a current eligibility of the customer;
• applying a predetermined drug manufacturer rebate to a gross sales price of the drug to determine a net sales price of the drug;
• collecting a monetary value from the customer equaling the net sales price of the drug;
• and
• incrementing a dividend account balance associated with the customer account record based on the net sales price of the drug.

A dividend management system for linking a third-party discounter to a unique customer ID in a retail sales transaction comprising:

• a processor a memory coupled to the processor;
• a first software routine stored in the memory and adapted to be executed on the processor to assign a unique customer ID to a customer;
• a second software routine stored in the memory and adapted to be executed on the processor to create a customer account record associated with the unique customer ID;
• a third software routine stored in the memory and adapted to be executed on the processor to add a registered third-party discounter to the customer record;
• a fourth software routine stored in the memory and adapted to be executed on the processor to process a sale of a good in a sales transaction;
• a fifth software routine stored in the memory and adapted to be executed on the processor to determine if the registered third-party discounter offers a discount on the good;
• a sixth software routine stored in the memory and adapted to be executed on the processor to verify that the customer is currently registered with the registered third-party discounter associated with the good to ensure a current eligibility of the customer;
• a seventh software routine stored in the memory and adapted to be executed on the processor to apply a predetermined third-party discount to a gross sales price of the good to determine a net sales price for the good;
• and
• an eighth software routine stored in the memory and adapted to be executed on the processor to increment a dividend account balance associated with the customer account record based on the net sales price.