Method of redeeming collectible points
US6178408A · kind A · utility
355Cited by
23References
38Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Jul 14, 1999 |
| Grant date | Jan 23, 2001 |
| Priority date | — |
| Expiry date | Jul 14, 2019 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for redeeming collectible points using on-line bidding for promotional items. Promotional points are collected by consumer purchases of products associated with the points or other consumer behavior. Consumers accumulate the points and then redeem them by bidding on promotional items posted for fixed periods of time on an internet site. The method provides for fixed promotional inventory costs as well as the timely collection of consumer preference information. One embodiment of the invention also provides for parental approval of a minor's participation.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.