Methods and Systems for Retail Customer Referral Compensation Programs
AssigneeMotherlode Network
InventorsJ. Benjamin Tyler, Kenneth D. Roland, Thomas Thornton, DelMar P. Williams, Kevin F. Baadsgaard
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Abstract
Embodiments of the present invention relate generally to business methods and systems for retail marketing, and specifically to Retail Customer Referral Compensation Programs for using Performance-Driven criteria to award Production Points for creating a Position Changing Point Driven matrix and determining a Referring Customer's position and compensation within that matrix.
Claims15
A method for compensating Referring Customers participating in a Retail Customer Referral Program, the method comprising:
- providing a Position Changing Point Driven (PCPD) matrix;
- providing a position within the PCPD matrix for each production unit achieved within the Retail Customer Referral Program during the previous production period;
- awarding production points to the Referring Customers based on achieving specific criteria during the previous production period;
- filling the provided positions within the PCPD matrix with the Referring Customers that have the highest number of awarded production points;
- and
- compensating Referring Customer positioned in the PCPD matrix based on their position within the PCPD matrix and based on one or more compensation plans.
A system for compensating Referring Customers participating in a Retail Customer Referral Program, the system comprising:
- a plurality of Referring Customers;
- a Position Changing Point Driven (PCPD) matrix, wherein the number of positions within the PCPD matrix equals the number of production units achieved by the plurality of Referring Customers during the previous production period;
- a Production Point plan whereby Referring Customers are awarded Production Points based on achieving specific criteria during a production period, wherein the positions within the PCPD matrix are assigned to the Referring Customers who achieved the highest number of Production Points during the previous production period;
- and
- a compensation scheme associated with the PCPD matrix, wherein the Referring Customers assigned to positions within the PCPD matrix are compensated based in part on the Referring Customers position within the PCPD matrix.
Dependencies are inferred from the claim text.