1. Field of the Invention
The present invention relates to systems and methods for providing savings to consumers, and more particularly, to systems and methods for providing instant savings to consumers where the savings are provided based upon combining purchases.
2. Description of the Prior Art
Competition at the retail level is very intense, especially in the grocery industry and the pharmaceutical industry. This is specially true given the increased popularity of what are often referred to as “big box” stores. Therefore, in order to entice customers, sales are often promoted and coupons may also be issued. However, this cuts into the bottom line for these stores since they generally have to pay for these programs themselves.
The present invention provides a system where consumers are rewarded for purchasing a group of products. Generally, the reward is in the form of receiving bonus products for free or at a special rate, thus providing “reward” savings. Generally, the products that need to be purchased in order to earn the reward savings are a national brand. The national brand company generally pays for the bonus savings.
Broadly, the present invention provides a method of providing rewards to a customer based upon purchasing multiple items. The method comprises providing a first reward to the customer for purchasing at least one first item, providing a second reward to the customer for purchasing at least one second item, and providing a bonus reward to the customer for purchasing both the first and second items.
In accordance with one aspect of the present invention, the first, second and bonus rewards are reduced prices for other products.
In accordance with another aspect of the present invention, the bonus reward is a deferred reduced overall price.
In accordance with a further aspect of the present invention, the bonus reward is an instant reduced overall price.
In accordance with another aspect of the present invention, at least one of the rewards comprises free merchandise.
In accordance with a further aspect of the present invention, the first and second items must be purchased together in order for the customer to receive the bonus reward.
In accordance with another aspect of the present invention, the first and second items may be purchased at different times in order for the customer to receive the bonus reward.
More particularly, the present invention provides a method of providing rewards to a customer based upon purchasing multiple items where the method comprises offering a group of multiple products for sale, providing a reward to the customer for each product of the group that is purchased, and providing a bonus reward to the customer when each product of the group is purchased.
In accordance with another aspect of the present invention, each product of the group of multiple products must be purchased together in order for the customer to receive the bonus reward.
In accordance with a further aspect of the present invention, each product of the group of multiple products may be purchased at different times in order for the customer to receive the bonus reward.
In accordance with another aspect of the present invention, the multiple products for sale are organized under a theme.
In accordance with another aspect of the present invention, the bonus reward is tiered.
In accordance with a further aspect of the present invention, the bonus reward is tiered based upon preferred customer levels.
Other features and advantages of the present invention will be apparent in view of the following detailed description of preferred exemplary embodiments.
The present invention provides a program for retailers wherein reward savings are offered based upon purchasing multiple products, preferably national brand products. Preferably, the national brand companies pay for the reward savings by reimbursing or directly paying the costs to the retailers.
For example, it may be seen that with the program illustrated in
Furthermore, one can see that with this program, savings are realized by a consumer if they buy a combination of products.
In accordance with a preferred embodiment of the present invention, if one were to take advantage of all of the offers outlined above and in
The bonus savings may be provided by providing $10.26 off of the total current order, $10.26 directly to the consumer, or by providing a credit of $10.26 towards a future purchase or order. This is at the discretion of the retailer, who may make various rules or may leave it up to the consumer.
Also, preferably in order to qualify for the bonus savings, all individual offers must be purchased at once. Additionally, if a retailer has a savings card-type program, then the retailer may use this program to control how to get the bonus, i.e., next visit, next visit to a certain department, the current visit, etc. Additionally, such a program would allow for the bonuses to be tiered. For example, as may be seen in
Preferably, the individual savings offered are grouped under a common theme such as a football or tailgate party, a back-to-school savings, a Super Bowl party, a holiday party, holidays in general, healthy eating, beauty, etc.
Thus, the present invention provides groups of offers that are preferably sponsored by manufacturers of national brands that appear in retailer ads. Generally, these groups of offers will last one week. These ads may appear in various forms such as, for example, newspaper, mail, internet or websites, in-store ads, etc. Such programs are used to draw in good customers or new customers. If the savings are coupled with in-store brands or retailer brands, then the program can also be used to help promote the store's own brands or perimeter departments by offering savings in various departments, such as, for example, the produce department, meat department, floral department, deli, bakery, etc.
Such a program helps retailers compete against “big box” stores, provides the retailers access to national marketing funds of manufacturers or national brands, and may be used to help promote their own brands.
Preferably, a savings program based upon multiple purchases in accordance with the present invention would be run every two weeks and themes would change. Preferably, each individual offer provides approximately a twenty percent savings per offer.
Another feature that may be provided with the present invention is that for each individual offer purchased, a consumer may be entered in a drawing or contest.
The foregoing descriptions of specific embodiments of the present invention have been presented for purposes of illustration and description. They are not intended to be exhaustive or to limit the invention to the precise forms disclosed, and obviously many modifications and variations are possible in light of the above teaching. The embodiments were chosen and described in order to best explain the principles of the invention and its practical application, to thereby enable others skilled in the art to best utilize the invention and various embodiments with various modifications as are suited to the particular use contemplated. It is intended that the scope of the invention be defined by the claims appended hereto and their equivalents.
This application is a non-provisional application and claims the benefit of Application No. 60/606,191, filed Aug. 31, 2004, entitled “Systems and Methods Providing Instant Combination Savings at a Retail Level” (attorney docket no. 010648-003400US), the disclosure of which is incorporated herein by reference for all purposes.
Number | Date | Country | |
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60606191 | Aug 2004 | US |