Systems and methods for determining whether to offer a reward at a point of return

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 9646319
APP PUB NO 20140067504A1
SERIAL NO

14075502

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Computerized decision-making systems and methods are described for determining whether to provide one or more rewards, such as a coupon or instant discount, to a customer requesting to make a merchandise return at a store, and, if so, to determine the terms of the reward, such as value, expiration date/time and other terms that may be associated with a coupon. The reward determinations may be implemented in conjunction with a system for authorizing the requested merchandise return transaction. Information about the requested return may be used together with data about the customer's past purchase, return transactions, and other customer-related data. In some embodiments, the determinations are based, at least in part, on store-related information and policies. The reward may be printed with a receipt issued to the customer at the point of return and/or may be provided to the customer using a wide variety of other communications technologies.

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Patent Owner(s)

  • THE RETAIL EQUATION, INC.;THE RETURN EXCHANGE

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bradshaw, Peter L San Clemente, US 18 728
Hammond, Mark S Dana Point, US 25 1044

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11.5 Year Payment $7400.00 $3700.00 $1850.00 Nov 9, 2028
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