Method and apparatus for determining a subscription to a product in a retail environment
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United States of America Patent
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Jul 2, 2002
Issued Date -
N/A
app pub date -
Dec 28, 1998
filing date -
Jul 8, 1997
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method and apparatus for managing a subscription to a product in a retail environment, wherein the product for which a subscription is offered is selected based on the customer's historical purchases. The subscription defines a price for the selected product, wherein the subscription price is lower than the retail price of the product. The subscription specifies conditions which the customer has to meet in order to remain entitled to receive the subscription price for purchases of the product. Such conditions typically include a required frequency of purchases for a required period of time. The conditions of the subscription are selected so as to maximize the customer's visits to the business offering the subscription without unnecessarily eroding the profits of the business.
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