Invention Grant
- Patent Title: System and method for intelligent discount distribution based on subscriber tier
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Application No.: US15355004Application Date: 2016-11-17
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Publication No.: US10467644B2Publication Date: 2019-11-05
- Inventor: James Mead , Pennie Mead , Gustavo Manuel Damil Marin
- Applicant: Beam Reach International, LLC
- Agency: Marin Patents LP
- Agent Gustavo Marin
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q30/06

Abstract:
A system and method for operating a bundle-type checkout system incorporating subscription tiers, comprising a subscription manager that assigns subscription tiers to merchants, an offer manager that receives price offers from consumers and analyzes offers to compute bundle offers, a threshold calculator that calculates price discount thresholds and compares price discount values to offer values, and a discount optimization manager that calculates price discounts and determines acceptability of price offers, and a system and method for weighted discount distribution among subscription tiers.
Public/Granted literature
- US20170161767A1 SYSTEM AND METHOD FOR INTELLIGENT DISCOUNT DISTRIBUTION BASED ON SUBSCRIBER TIER Public/Granted day:2017-06-08
Information query