The present disclosure provides a system and method for generating fundraising revenues for member-based entities. In a more preferred embodiment, there comprises an online fundraising system and method for providing relevant promotions to members of an entity, such as a non-profit, charitable institution, church or school.
The present disclosure provides a system and method for collectively aggregating promotions or advertisements and selectively distributing the promotions or advertisements to a network of recipients to generate funds or revenues. In a more preferred embodiment, there comprises an online collective promotions network and method for providing relevant promotions to members of an entity, particularly to a non-profit, charitable institution or school, or school organization. Preferably, such promotions are derived by pairing the distinguishable characteristics of the members of the entity with the target characteristics of the vendor, such characteristics include geographic segmentations (their location), demographic/socio-economic segmentation (gender, age, income occupation, education, sex, household size, and stage in the family life cycle), psychographic segmentation (similar attitudes, values, and lifestyles), behavioral segmentation (occasions, degree of loyalty), product-related segmentation (relationship to a product), affiliations or relationships (such as membership, alumnus status, parent, grandparent, sibling or other relationship) and the like. As described herein, fundraising refers to for-profit or non-profit, charitable or non-monetary, activities that benefit one or more recipients. The funds or revenue that are generated from vendors can be all or a portion of the funds or revenues generated from a vendor.
Reference will now be made in detail to specific embodiments of the invention including the best modes contemplated by the inventors for carrying out the invention. Examples of these specific embodiments are illustrated in the accompanying drawings. While the invention is described in conjunction with these specific embodiments, it will be understood that it is not intended to limit the invention to the described embodiments. On the contrary, it is intended to cover alternatives, modifications, and equivalents as may be included within the spirit and scope of the invention as defined by the appended claims. In the following description, specific details are set forth in order to provide a thorough understanding of the present invention. The present invention may be practiced without some or all of these specific details. In addition, well-known features may not have been described in detail to avoid unnecessarily obscuring the invention.
The present disclosure provides a system and method for collectively aggregating promotions or advertisements and selectively distributing the promotions or advertisements to a network of recipients, e.g., member-based entities, to generate funds or revenues. In a more preferred embodiment, there comprises an online collective promotions network and method for providing relevant promotions to members of an entity, particularly to a non-profit, charitable institution or school, or school organization. In an alternate embodiment, there are provided a method and system for matching vendors and promotions/advertisements with a network of member-based entities, comprising collectively aggregating vendors and promotions/advertising through a network of member-based entities and matching member-based entities with suitable promotions. Preferably, such promotions are derived by pairing the distinguishable characteristics of the members of the entity with the target characteristics of the vendor, such characteristics include geographic segmentations (their location), demographic/socio-economic segmentation (gender, age, income occupation, education, sex, household size, and stage in the family life cycle), psychographic segmentation (similar attitudes, values, and lifestyles), behavioral segmentation (occasions, degree of loyalty), product-related segmentation (relationship to a product), affiliations or relationships (such as membership, alumnus status, parent, grandparent, sibling or other relationship) and the like. As described herein, fundraising refers to for-profit or non-profit, charitable or non-monetary, activities that benefit one or more recipients. The funds or revenue that are generated from vendors can be all or a portion of the funds or revenues generated from a vendor.
Preferably, a plurality of vendors choose to participate in a fundraising system. Upon registration, each vendor will submit one or more potential promotions for distribution 105. The promotions and deals preferably include any manner in which the vendors believe they can generate revenues directly or indirectly from consumers for services or purchases which can be donated, acquired, distributed or shared with participating recipients, including, but not limited to, sales incentives, rebates, vouchers, redeemable gift certificates, coupons, advertisements, raffles, auctions, freebies, discounts, and the like, and particularly include sales incentives such as BOGO (or Buy One (or more) Get One (or more)), discounted gift certificates, discounted coupons, matching programs (e.g., dollar for dollar), in-kind services, and the like. An electronic representation 107 of such promotions can automatically or manually be created by the system 100, e.g., by a promotion template filled in by the vendor or other party. In addition, multiple promotions can be input into the system for each vendor.
The promotion preferably includes at a minimum such terms as are legally sufficient to define the offer that a transactions represents, or more generally a description to suffice as an advertisement. Accordingly, offer information may, and usually will include such information as a product description and/or the price and/or discount to be applied, maximum and/or minimum value, exclusions, vendor description, etc. If the transaction is for entry or admission for an event or venue, the relevant information in the promotion can include the purchase price, the date, and the name or identifier for the event or venue. If only certain merchants or locations will honor an offer, for example, specific franchisees, that information also will be included. Offer information also may include expiration dates, limits, and other terms and conditions imposed by a vendor. In addition to information supplied by the vendor, the system may generate information to assist in the prosecution of the promotion. For example, the system may generate or include a transaction identifier that may be unique to a particular recipient and/or member, transaction or transaction type, the vendor, and the like. The system may also generate offer codes to assist in tracking the effectiveness of campaign, and usually will include such codes if a manufacturer, franchisor, or other third party will reimburse a vendor who honors the electronic transaction. System may also comprise a guide, wizard or template for vendors to input promotions.
In parallel, not necessarily simultaneously, recipients requesting funding will register with the system 102 providing its contact information, address, representative of entity, method of preferred payment and other payment account, etc. Recipients contemplated by the present invention include organizations or entities with fixed distribution lists such as membership lists, which include schools, school organizations, non-profits and charitable organizations. Upon registration, recipient will have the option to create a customized interface for its fundraising 104 or to use the standard system interface 104. Preferably, a customized interface is prepared initially and maintained through a template that is customizable to and for recipient requiring minimum input from recipient, e.g., URL, logo, color choice, pattern, photos and other images, and the like. Alternatively, the interface is based on existing web templates unique to recipient. The interface can be used as a primary or secondary site for recipient, or as an alternate or complementary site. Preferably, the interface can be the template for the recipient to promote the promotion 112. It can also be used as a template for the recipient to provide information about the recipient, e.g., as the primary website or as an electronic newsletter or flyer. Such information can be manually input or autogenerated. In addition to the promotion, the interface can be used to promote additional alternative promotions or fundraising mechanisms 111, such as auctions, raffles, and advertisements or for programs, such as reading and math programs for schools and parents.
As further illustrated in
Promotion can be distributed directly or indirectly by the system. Preferably, recipient can provide or upload contact information for its members or its distribution list to the system 120. System can transmit the promotion to recipient through a multitude of platforms 122, including email, SMS or other text message, twitter or other electronic message. It will be appreciated that the offer or promotion can be presented to user in a variety of means, including verbal, telephonic, TV or radio, mobile, electronic or written, including such methods as email, text, flyers, requests, social media tools, newsletters, advertisements, and the like. Generally, however, many recipients are hesitant to release their membership or distribution list, and prefer to send out any information to their members directly. Accordingly, in one preferred embodiment, recipient can directly send promotion information to its members and affiliates 121. This information can be sent intact, in summary (or certain portions of the promotion such as the vendor, type, discount, etc.) or represented, for example, as a website address or link directed to the promotion. Alternatively, many recipients may not have the means and resources for transmitting electronic promotions, and would require the system to transmit promotions. Preferably, the system contemplates storing recipient member information on the system.
It should be noted that various aspects of transmitting the promotion may be implemented using any of a wide variety of communication devices and computing platforms, in any of a variety of network types (or combinations thereof), and in any of a wide variety of contexts in which the issuance of electronic promotions are useful functionalities. For example and as illustrated in
An exemplary system 100 according to the present invention consists of a server 200. Server 200 may be implemented, for example, by using a general-purpose computer or a personal computer. Server may be connected to a network, such as one or more of a local area network (LAN), a wide area network (WAN), and the Internet. Server generally includes a database of consumer profiles, a database of recipient profiles, a database of vendor profiles, an affiliation database, a promotions database, a communication gateway, an authorization and queue application, and the like. Optionally, server may contain additional features such as a database of potential consumers, non-profits or schools, businesses, manufacturers; financial tools, a customer relationship manager (CRM), a neural network or other data-mining tools to extract information from the server. Alternatively or additionally, server may access another server or other processing or memory means for any or all of these functions or features. Server may be accessed by a web interface. For example, a user may input a mobile phone number in a web banner as a method of initiating a purchase of a mobile device download, for instance a ringtone, game, picture, video, or other download. The account may include billing information. In the event that no previously formed account, the web interface may direct the user to set-up an account, by for instance creating a new web interface or redirecting the existing web interface.
Once the general information of the promotion or the address to the website is transmitted to recipient's members (including constituents, patrons, supporters, beneficiaries, distribution lists, affiliates and the like), the member is presented directly or indirectly with the promotion, including its terms and general information. The member must then decide 130 to ignore/disregard the promotion 131 or to purchase the promotion. As further shown in
As will be appreciated by those in the art, a consumer need not be a member or affiliated with the recipient, but can access the system independently. Upon access, the consumer may be presented with inquiries regarding geographic information, potential recipients and similar questions to route the consumer to a particular recipient.
In a detailed perspective of the present invention, member initiates the transaction process by electronically purchasing 135 (generally purchasing, buying, donating or donated, winning, acquiring, renting, leasing, gifting or gifted, requesting, and the like) an offer for a good, product, service, payment and the like. For example, member may purchase online a coupon for a discount for dinner for a local restaurant advertised or promoted to user. The electronic transaction will register with system and a certain portion of the proceeds received will be attributed and sent to the recipient 150, or a beneficiary designated by the recipient. The proceeds can be sent to recipient by any means customary for recipient to receive funding.
In an exemplary embodiment, the recipient is a recipient school (or it's representative such as PTA or Educational Foundation or booster) that informs and promotes to its students, teachers, parents, and general community that it is signed up with the fundraising system. The recipient school preferably offers to the students, teachers, parents, and general community a promotion through a web site. Parents, relatives, and members of the community preferably visit the web site of the system and decide to participate in the fund raising system 100 by registering with the site 134. After registering 134, the parents, relatives, and community member become participants designated to a school or schools. Alternatively, a prospective participant can identify a particular school by entering such information as the state, city, school district, or particular school for which the participant desires to donate money to. The participant can view information about promotions and vendors on the system, and then determine whether to proceed with transacting the promotion. The recipient can also be an organization such as sporting team, club or other similar organization within a larger recipient.
In a preferred embodiment, vendors will desire to promote certain transactions or promotions to particular recipients based on recipients and vendors location, vendor's ties to a recipient (e.g., a parent of a child in a particular school system or a member of a non-profit), vendor's target demographics (e.g., an ice cream store for schools), and the like. Accordingly,
If the respective partner is not registered in the system 311/341, irrespective of whether the general information about the respective vendor and recipient is in the system, the system may request for personal connections to the respective partner (i.e., vendors to recipients 312 and recipients to vendors 342). The system may directly contact the recipient 344 and/or vendor 314 or may search within its database for contact information regarding the respective recipient 343 and/or vendor 313, to request recipient and/or vendor join the fundraising system or provide information regarding the fundraising system. The recipient 346 and/or vendor 316 can then determine whether to accept or decline 317/347 registration. Additional recipients and/or vendors can be added through the system by this process.
If the respective partners are registered, vendors can continue to process their promotions 351 and general information, and recipients can continue to process their general information, databases and, optionally, their interface template for promotions 321. As further illustrated in
As illustrated in
In one preferred embodiment, the system preferably includes a database for storing information that can be valuable for communication with the recipients and their members (constituents, patrons, donors, distribution lists, affiliates and the like) with the vendors participating in the fundraising system, and any affiliations between the two. For example, the database can store school information such as logistical data as the state, city, zip code and school district in which the participant school is located to compare against vendors in the same location.
The database preferably also includes vendor information. The vendor information preferably includes general information regarding businesses, such as industries, locations, target demographics, sales, prior promotions, employees or authorized users, and the like. As vendors utilize the system, information typically stored in the vendor information of the server database, for example, can include such information as promotional sales incentives and deals that are setup between the system and the vendors for contributions to participating recipients within the fundraising system. The promotions and deals preferably include any manner in which the vendors believe they can contribute to the participating recipients which include, but are not limited to, accepting predetermined dollar amounts added to bills for services provided, donating a portion of each purchase to the participating recipients, donating a specific amount per members/users making a purchase with a redeemable coupon, or merely providing a better or reduced price for members/users within the community to help participating recipients.
The vendor database may also include administrative management tools to provide statistical information regarding the value of specific promotions, purchase history and trends, tracking of redeemed transactions such as redeemed discounts and coupons that are taken advantage of by consumers, and an overall usage by recipients and vendors of the fundraising system. The statistical information stored within the vendor database provides data to show what promotional sales incentives the members are utilizing for saving money for the participating recipients with the fundraising system. The database also advantageously provides overall historical background for the vendor to appreciate additional business created with participating recipients through the fundraising system.
The system preferably also includes a database that stores general information of recipients. The recipient information preferably includes general information about recipient and its members such as location such as city, state, zip code and regional affiliations (e.g., school districts), type of organization (e.g., non-profit, school or charitable organization, and more specifically e.g., primary or secondary school, law enforcement foundation, environmental group, church, etc.), general characteristics of members (e.g., parents of elementary schools, donors of non-profit, members of church, parents of school band, etc.), specific membership information such as member contact information (e.g., email, cell phone, social media contact information such as Twitter or Facebook or such other information), and the like.
The system also preferably stores transaction information pertaining to the fundraising system. Information relevant to the vendor such as purchased transactions, redeemed transactions, statistical information such as most fruitful transaction, demographics information, and the like may be tracked and viewed by vendor through a specific portal created for each vendor. Similarly, similar portals can be created for recipients, their members or other consumers registered with the site with respect to their transaction information and related statistics relevant to each entity. For example, the typical donation data stored within the system can include, but is not limited to, the amount donated to each recipient and the amount of money donated from each vendor through the fundraising system. The statistical information found in the donation data 339 can advantageously be used by the fundraising system to provide information to the recipient, their members, and the vendors 611, to show how the fundraising system 111 is working within the community to raise or save money for the recipient (and its members) through the efforts of the participating members and the vendors.
As further described in
Preferably, as shown in
An alternate view of
It will be much appreciated by those of skill in the art, the present invention can be more broadly applied to other recipients beyond non-profits, charities and schools such as individuals, organizations, corporations and companies, and other such entities that are looking for revenue or funds.
In yet an alternative preferred embodiment of the present invention, the present disclosure provides a system and method for a collective ad network. In a more preferred embodiment, there comprises an online system and method for several organizations to collectively generate revenues, wherein each organization provides an ad or promotion to the system that is then collectively distributed amongst one or more group members. The promotions or ads are collectively added to a library of ads or promotions. In a preferred embodiment, the system is automated to identify which ads or promotions can be shared amongst the group through distinguishable characteristics of the members of the organization with the target characteristics of the ad or promotion, such characteristics include geographic segmentations (their location), demographic/socio-economic segmentation (gender, age, income occupation, education, sex, household size, and stage in the family life cycle), psychographic segmentation (similar attitudes, values, and lifestyles), behavioral segmentation (occasions, degree of loyalty), product-related segmentation (relationship to a product), and the like.
Vendors are presented to recipient. Preferably, vendors are chosen by the invention system automatically and presented to recipient to choose or not choose as recommendations. As described above, vendor 803 can be automatically invited through social media tools, by personal reference or invite by recipient or by such other mechanisms to invite vendors. Alternatively, vendor can self-register or incorporated into system by an external library or database. Vendor 803 (and promotion) is collectively downloaded to system database 805, which is then available to the network of recipients 801. Preferably, system automatically recommends suitable vendors 803 and/or promotions to recipients that have common characteristic. Recommendations can be made based on requests by recipients of certain vendors, classes of promotions, industry, purchasing habits of members, characteristics of vendor and/or recipient, or such other method as further described herein. Other considerations also include the duplication of promotions or types of promotions so as to minimize competition or redundancy. For example, subgroups 802 within a larger organization 803 (such as sporting teams and clubs within a larger school) will be provided distinctly discrete promotions and/or vendors, or types of promotions/vendors to minimize competitive redundancy. Such choices may consider frequency, spatial (e.g., location) or temporal (e.g., expiration dates or last time offered) characteristics of promotions to maximize independence or differences of promotions. By aggregating the vendors and/or promotions, system collectively and more preferably, automates the processing and collection of advertisements/promotions, and more importantly, as shown in
Preferably, the system will automatically distribute promotions to recipients. Such methods can be based on simple pairing of requests by recipients and/or vendors, matching of characteristics identified by system or provided by recipients/vendors or via a database or such other pattern matching systems, machine learning or pattern recognition systems, and the like. Pattern matching systems include . Pattern recognition algorithms include classification algorithms (supervised algorithms predicting categorical labels), clustering algorithms, regression algorithms, categorical sequence labeling algorithms, real-valued sequence labeling algorithms, parsing algorithms, general algorithms for predicting arbitrarily-structured labels, ensemble learning algorithms, and the like. Machine learning algorithms include decision tree learning, association rule learning, artificial neural networks, genetic programming, inductive logic programming, support vector machines, clustering, bayesian networks, reinforcement learning, representation learning, and the like.
Preferably, recipient 801 is provided the option to select desired vendors 803, preferably through an automated queue system as shown in
While the invention has been particularly shown and described with reference to specific embodiments thereof, it will be understood by those skilled in the art that changes in the form and details of the disclosed embodiments may be made without departing from the spirit or scope of the invention. For example, embodiments have been described herein with reference to the use of conventional landlines and cellular phones. It will be understood, however, that the invention is not so limited. That is, embodiments are contemplated in which a much wider diversity of communication devices may be employed in various combinations to effect redemption.
In addition, although various advantages, aspects, and objects of the present invention have been discussed herein with reference to various embodiments, it will be understood that the scope of the invention should not be limited by reference to such advantages, aspects, and objects. Rather, the scope of the invention should be determined with reference to the appended claims.
This application claims the benefit under 35 U.S.C. §119(e) to U.S. Provisional Application Ser. No. 61/471,128 filed Apr. 2, 2011.
Number | Date | Country | |
---|---|---|---|
61471128 | Apr 2011 | US |