Method, apparatus, and computer program product for automated approval of a promotion structure

A computer-implemented method for, in response to a modification of a proposal by a provider via a user interface, providing automated approval and generation of promotions to be made available to consumers for purchase, the computer-implemented method comprising:

• causing rendering of a user interface component on a provider device for facilitating entry of a proposed promotion indicating at least one service or product offered by the provider and a number of units per unit of time of the proposed promotion to be offered;
• receiving, from the provider device over a network, an indication of the at least one service or product offered by the provider and the number of units per unit of time of the proposed promotion to be offered;
• calculating a return on investment (ROI) of the proposed promotion for the provider based on the number of units per unit of time of the proposed promotion to be offered;
• in an instance the calculated ROI satisfies a threshold requirement, determining the proposed promotion satisfies automatic approval requirements;
• causing rendering of an automatic approval status indicator indicating whether the automatic approval requirements are satisfied;
• causing rendering of at least an additional user interface component for facilitating the adjustment of at least the units per unit of time of the proposed promotion to be offered;
• responsive to the adjustment of the units per unit of time of the proposed promotion to be offered, updating the determinization of whether the proposed promotion satisfies automatic approval requirements;
• and
• in an instance the automatic approval requirements are satisfied, generating the proposed promotion such that the units per month of the promotion are made available for purchase by consumers.

A computer program product for, in response to a modification of a proposal by a provider via a user interface, providing automated approval and generation of promotions to be made available to consumers for purchase, the computer program product comprising at least one non-transitory computer-readable storage medium having computer-executable program code instructions stored therein, the computer-executable program code instructions comprising program code instructions to:

• cause rendering of a user interface component on a provider device for facilitating entry of a proposed promotion indicating at least one service or product offered by the provider and a number of units per unit of time of the proposed promotion to be offered;
• receive, from the provider device over a network, an indication of the at least one service or product offered by the provider and the number of units per unit of time of the proposed promotion to be offered;
• calculate a return on investment (ROI) of the proposed promotion for the provider based on the number of units per unit of time of the proposed promotion to be offered;
• in an instance the calculated ROI satisfies a threshold requirement, determine the proposed promotion satisfies automatic approval requirements;
• cause rendering of an automatic approval status indicator indicating whether the automatic approval requirements are satisfied;
• cause rendering of at least an additional user interface component for facilitating the adjustment of at least the units per unit of time of the proposed promotion to be offered;
• responsive to the adjustment of the units per unit of time of the proposed promotion to be offered, update the determinization of whether the proposed promotion satisfies automatic approval requirements;
• and
• in an instance the automatic approval requirements are satisfied, generate the proposed promotion such that the units per month of the promotion are made available for purchase by consumers.