Multiple party reward system utilizing single account

Abstract

A method enabling a frequent shopper reward system capable of tracking performance data of a plurality of members or account holders linked to a single frequent shopper account.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS [0001] The present application is a continuation of U.S. patent application Ser. No. 10 / 037,143, which is a continuation-in-part of U.S. patent application Ser. No. 09 / 223,900, filed Dec. 31, 1998 for “MULTIPLE PARTY REWARD SYSTEM UTILIZING SINGLE ACCOUNT”, which issued as U.S. Pat. No. 6,327,573, incorporated herein by reference in its entirety.BACKGROUND OF THE DISCLOSURE [0002] 1. Field of the Invention [0003] This invention generally relates to incentive reward systems and, more specifically, to frequent shopper card programs. [0004] 2. Background of the Invention [0005] Frequent shopper cards are used in the retail industry to reward customers for their loyalty and to create incentives for customer patronage. Frequent shopper programs allow customers to feel as though they are getting a fair deal or an added bonus when they purchase more products. Furthermore, retail establishments benefit from the revenue increase generated by the additi...

AI Technical Summary

Benefits of technology

Enables efficient tracking and rewarding of multiple users with a single account, enhancing customer loyalty programs by allowing multiple sub-account holders to share rewards, thereby increasing customer engagement and revenue for retailers.

Problems solved by technology

Unfortunately, the aforementioned frequent shopper programs do not allow multiple users to utilize a single account card.

Consequently, these programs do not provide a mechanism for rewarding customers accompanying the customer participating in the program.

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