US 2017/0286988 A1 · Profit Share Card

Abstract

A method of promoting a business of goods and services by a business entity is provided. The method involves sharing a proportion of the profit made by the business entity from a customer with the customer, wherein a proportion of the bill amount incurred by the customer is credited to an account/record associated with the customer and the customer could redeem a certain proportion of the accumulated balance in his/her record during their subsequent purchases. The shared profit could entice potential customers and bring back the old customers, without the need for the business entity to spend on advertisements, or providing discount coupons and vouchers.

Claims10

Dependent claims

A method of promoting a business of providing goods and services by a business entity comprising the steps of:

a. assigning a unique identification code by said business entity to a customer;
b. associating said unique identification code to a record and storing said record in a database;
c. providing a means to calculate a predetermined share value from a bill value incurred by said customer;
d. calculating said predetermined share value;
e. identifying said unique identification code assigned to said customer and crediting said calculated predetermined share value to said record associated with said unique identification code to give a balance amount;
and
f. permitting said customer to redeem a proportion of said balance amount in a subsequent bill amount.

4 more elements

Dependencies are inferred from the claim text.

Profit Share Card

Life of this patent

Profit Share Card

Life of this patent

Abstract

Claims10