System and method for providing incentives for referrals
OwnerScott Allan Northmore, Bruce Walter Clark +1inventors
InventorsScott Allan Northmore, Bruce Walter Clark, Wilson Blake Cronyn
Life of this patent
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OwnerScott Allan Northmore, Bruce Walter Clark +1inventors
InventorsScott Allan Northmore, Bruce Walter Clark, Wilson Blake Cronyn
Estimating the term…
An internet based software system that provides a method of creating referrals of consumer products, events and services, to enable users in the system to electronically refer products to other users and obtain rewards when referred purchases are made. These rewards can be in the form of actual local currency, merchandise, or a Points system with a currency valuation. The system consists of sending unique links over email, social media, or websites to communicate referrals to others. The system tracks each click and stores unique identifiers for each referral response. The system also consists of special plugins that are installed on third-party websites to track the purchases that have come from user referrals. Upon purchase, the communication transactions are analyzed, and rewards are given out to each user that has a referral link recorded from the purchaser.
A system for rewarding referral based promotion of products or services comprising the steps of:
A method of creating a referral based promotion of products or services where each participant in a referral response chain is incented to continue the referral response chain whereby:
A method of increasing advertising efficiency by encouraging the viral distribution of advertising messages by providing a tracking system for each step in a viral distribution tree;
Dependencies are inferred from the claim text.