Method and apparatus for administering a reward program
AssigneeGroupon, Inc.
InventorsJay S. Walker, Andrew S. Van Luchene, James A. Jorasch, Dean Alderucci
Life of this patent
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AssigneeGroupon, Inc.
InventorsJay S. Walker, Andrew S. Van Luchene, James A. Jorasch, Dean Alderucci
Estimating the term…
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.
1-20. (canceled)
A method for facilitating the introduction of new products to market, the method comprising:
A method for facilitating the introduction of new products to market, the method comprising:
Dependencies are inferred from the claim text.