Method and apparatus for controlling offers that are provided at a point-of-sale terminal
US6223163A · kind A · utility
Assignee
Inventor
Key dates
| Filing date | Mar 20, 1998 |
| Grant date | Apr 24, 2001 |
| Priority date | — |
| Expiry date | Mar 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.