Systems and methods for facilitating group rewards

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 6985879
APP PUB NO 20030018530A1
SERIAL NO

10244262

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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In accordance with at least one embodiment of the present invention a retailer may receive a request from a group of customers for a reward the group desires to earn by making purchases at the retailer. In response to such a request the retailer determines purchasing conditions the group must satisfy in order to earn the reward. The purchasing conditions may be determined based on, for example, a value of the reward (e.g., a cost of the reward to the retailer), a number of customers in the group, and/or a time by which the group desires to earn the reward. The purchasing conditions may be determined such that the retailer realizes at least a predetermined profit after the cost of providing the reward is considered. The methods of the present invention may be implemented at an online and/or brick-and-mortar retailer.

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Patent Owner(s)

Patent OwnerAddress
BYTEDANCE INC12655 WEST JEFFERSON BOULEVARD SIXTH FLOOR SUITE NO 137 LOS ANGELES CA 90066

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fincham, Magdalena M Norwalk, CT 241 15044
Tedesco, Daniel E Huntington, CT 537 30814
Tulley, Stephen C Fairfield, CT 405 20690
Van, Luchene Andrew S New York, NY 255 13236
Walker, Jay S Ridgefield, CT 1531 124413

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