Patent · US Expired

Method and apparatus for controlling offers that are provided at a point-of-sale terminal

US6223163A · kind A · utility

218Cited by
74References
18Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMar 20, 1998
Grant dateApr 24, 2001
Priority date
Expiry dateMar 20, 2018

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07G5/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A POS terminal or other computing device provides a plurality of offers to customers, and then measures a performance rate of each offer. For example, the acceptance rate or the profit rate of the offers may be measured. Based on the performance rates, a subset of offers is selected. In one embodiment, the highest performing offers are selected. In another embodiment, those offers having performance rates above a predetermined threshold are selected. The selected subset of offers is then provided, while the remaining, less desirable offers are discontinued.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.