Method and system for using a self learning algorithm to manage a progressive discount
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United States of America Patent
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app pub date -
Sep 5, 2008
filing date -
Nov 14, 2001
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Abandoned
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Abstract
A system for managing a progressive incentive, including: an interface element for at least one specially programmed general-purpose computer for receiving data regarding a current transaction between a customer and a business entity; and a memory unit for the specially programmed general-purpose computer for storing at least one compliance parameter and an artificial intelligence program (AIP). The system also includes a processor for the specially programmed general-purpose computer for: determining, using the data, compliance of the current transaction with at least one compliance parameter; for compliance of the current transaction with the at least one compliance parameter, augmenting, using the AIP, an incentive included in an offer previously presented to the customer, the augmented incentive to optimize revenue for the business entity or profitability of the business entity; generating a second offer including the augmented incentive; and transmitting, using the interface element, the second offer for presentation to the customer.
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