Event Reward Point Exchange for Low-Workload Remuneration
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Solution Overview
Problem
Existing systems face challenges in reducing the workload associated with preparing and distributing rewards such as prepaid cards and novelties to participants, promoting participant participation, and minimizing participation costs in events.
Innovation Solution
An intra-event reward distribution system that converts currency into points at a first exchange rate, issues points to participants, records point transactions, and distributes rewards based on acquired points at varying exchange rates, allowing for refunds and conversions into tangible or digital forms.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional reward distribution methods using prepaid cards and novelties are used, then participant motivation is improved, but workload and distribution complexity increase
Solution Approach 1:
The patent replaces the mechanical system of physically distributing prepaid cards and novelties with an electronic point-based system. Points are issued digitally to participant devices and can be redeemed automatically through the system, eliminating the need for manual reward preparation and distribution while maintaining participant motivation through the same incentive structure.
Solution Approach 2:
The patent creates a digital copy of the reward system where physical rewards (prepaid cards, novelties) are represented as electronic points. These points can be transferred, tracked, and redeemed electronically, allowing for efficient automated distribution while preserving the motivational value of the original physical rewards.
2Productivity
If points are issued to all participants, then participation is promoted, but cost management becomes challenging
Solution Approach 1:
The patent implements dynamic exchange rates that adjust based on system conditions. The conversion rate between currency and points, and between points and rewards, can be modified to control the total value of points issued. This allows the system to promote participation by issuing points freely while maintaining cost management through adjustable valuation of those points.
Solution Approach 2:
The patent changes the parameter of exchange rates to manage the relationship between points issued and actual costs. By adjusting the first exchange rate (currency to points) and second exchange rate (points to rewards), the system can issue points to promote participation while ensuring that the total reward cost remains within budgetary constraints.
3Adaptability or versatility
If multiple exchange rates are used for points, then flexibility in reward distribution is improved, but system complexity increases
Solution Approach 1:
The patent creates a universal points system that serves multiple functions: points can be earned through various activities (participation, surveys, promotions), stored in a standardized format, and redeemed for different types of rewards. The multiple exchange rates are integrated into a single point management framework that handles both issuance and redemption, reducing overall system complexity despite the flexibility provided.
Data Source
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AI summary
In a case in which a questionnaire response is received by a questionnaire response receiving unit, a second remaining point number recording unit records a new remaining point number obtained by adding the number of points associated with the questionnaire response to the current number of remaining points associated with a recipient candidate participant who has received the questionnaire response. Points of the number of points received within a range of the number of remaining points recorded in the second remaining point number recording unit from the recipient candidate participant are converted into a reward at a second exchange rate, and a reward corresponding to the number of received points is distributed to the recipient candidate participant.