IP Library Granted Patent US 10,445,756
Granted Patent B2
US 10,445,756 · App. 12/354,504 · Granted Oct 15, 2019

System and method for managing an incentive-based recycling program

Inventors: Ron Gonen (New York, NY); Morley Ivers (Toronto, CA)
Assignee: RECYCLEBANK LLC
G06Q30/0207G06Q10/08G06Q30/00G06Q30/0256
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Quick Facts
Patent No.
US 10,445,756
App. No.
12/354,504
Granted
Oct 15, 2019
Kind
B2
Abstract

Embodiments of the present invention generally relate to a system and method for managing an incentive-based recycling program. More specifically, embodiments of the present invention relate to managing an incentive-based recycling program through administering a dynamic customer loyalty rewards program associated therewith. In one embodiment of the present invention, a method of managing an incentive-based recycling system comprises inputting customer data into a collective database, and generating a customer account, inputting hauler data into the collective database, and generating a hauler account, inputting vendor data into the collective database, and generating a vendor account, recording a recycling activity associated with a customer account on the collective database, allocating credits to a customer account, in an amount correlating to the recycling activity associated with the customer account, on the collective database, and enabling the customer to manage the credits associated with the customer account.

Claims (57)

1. A method of encouraging a plurality of customers to dispose of recyclable material of at least one of a plurality of types using at least one collector vehicle and one or more containers, each container holding a quantifiable measure of the recyclable material, the method comprising the steps of:

affixing, to the one or more containers, an identifier identifying the recyclable material in the container and a respective customer of the plurality of customers who is associated with the container;

providing, on the at least one collector vehicle a load determining device connected to a data acquisition unit communicatively coupled to a network and the load determining device, and a tag reader coupled to the data acquisition unit;

collecting, by the collector vehicle, recyclable material at periodic collection routes;

acquiring by the tag reader, from the identifier of each of the one or more containers an identity of the customer associated with the container, and by the load determining device, a quantifiable measure of the recyclable material in each of the one or more containers;

receiving, by a server connected to the data acquisition unit via the network, the acquired identity of the customer associated with the container, and the acquired quantifiable measure of the recyclable material in each of the one or more containers; and

the server using at least one of one or more models, for each of the plurality of customers for:

determining a value based at least in part on the quantifiable measure acquired from the one or more containers associated with the customer and correlated to a total amount of deposited recyclable material in a given past time period;

allocating, to the customer, credits based on the value; and

posting, to a customer account associated with the customer, a monetary value of the allocated credits.

2. The method of claim 1 , further comprising a step of generating the customer account for each of the plurality of customers, the customer account comprises a unique identifier.

3. The method of claim 2 , wherein the unique identifier is an alphanumeric code positioned on any of the identifier, a recycling bin, a key fob, and an access card.

4. The method of claim 2 , wherein the unique identifier is electronically stored within the identifier.

5. The method of claim 1 , further comprising a step of quantifying a recycling activity of the plurality of customers, the recycling activity comprises at least one of

providing the recyclable material to fill the one or more containers,

engaging in an environmentally-conscious activity, and

utilizing at least one service pre-designated as an acceptable recycling activity.

6. The method of claim 5 , wherein the step of allocating, allocates the credits in an amount correlating to the recycling activity associated with the customer, and comprises the steps of:

converting the determined value into the credits; and

associating the credits with the customer account.

7. The method of claim 2 , further comprising a step of redeeming the credits by:

providing access to information pertaining to the customer account, including the value of the credits posted the customer account; and

enabling the customer to

receive the monetary value of the credits from a third party vendor,

participate in an auction and in sweepstakes using the credits,

donate the credits to at least a charitable, educational or non-profit organization,

transfer the credits to another customer of the plurality of customers, and purchase additional credits.

8. The method of claim 7 , wherein the redeeming of the credits at the third party vendor further comprises a step of applying the credits at a vender-determined value towards a purchase.

9. A system for encouraging a plurality of customers to recycle material of at least one of a plurality of types using at least one collector vehicle and one or more containers, each container holding a quantifiable measure of the recyclable material, the system comprising:

the one or more containers having an affixed identifier identifying the recyclable material in the container and a respective customer of the plurality of customers who is associated with the container;

the at least one collector vehicle having a load determining device and a data acquisition unit communicatively coupled to a network and the load determining device connected to a data acquisition unit communicatively coupled to a network and the load determining device, and a tag reader coupled to the data acquisition unit, the at least one collector vehicle collects recyclable material at periodic collection routes;

the tag reader acquires from the identifier of each of the one or more containers an identity of the customer associated with each of the one or more containers;

the load determining device acquires a quantifiable measure of the recyclable material in each of the one or more containers;

a server accessible via a network and including a processor, the processor

receives the acquired identity of the customer associated with the container, and the acquired quantifiable measure of the recyclable material in each of the one or more containers; and

using at least one of one or more models;

determines, for each of the plurality of customers, a value based at least in part on the quantifiable measure from the one or more containers associated with the customer and correlated to a total amount of deposited recyclable material in a given past time period;

allocates to the customer, credits based on the value; and

posts, to a customer account associated with the customer, a monetary value of the allocated credits.

10. The system of claim 9 , wherein the processor is further generates the customer account for each of the plurality of customers, the customer account comprises a unique identifier.

11. The system of claim 9 , wherein the processor is further quantifies a recycling activity of the plurality of customers, the recycling activity comprises at least one of

providing the recyclable material to fill the one or more containers,

engaging in an environmentally-conscious activity, and

utilizing at least one service pre-designated as an acceptable recycling activity.

12. The system of claim 11 , wherein the credits to the customer account, are allocated in an amount correlating to the recycling activity associated with the customer by:

converting the determined value into the credits; and

associating the credits with the customer account.

13. The system of claim 10 , wherein the processor further redeems the credits and

provides information pertaining to the customer account, including the value of the credits posted the customer account; and

enables the customer to

receive the monetary value of the credits from a third party vendor,

participate in an auction and in sweepstakes,

donate the credits to at least a charitable, educational or non-profit organization,

transfer the credits to another customer of the plurality of customers, and purchase additional credits.

14. The system of claim 13 , wherein the redeeming of the credits at the third party vendor comprises applying the credits at a vender-determined value towards a purchase.

15. The method of claim 2 , wherein the unique identifier is an alphanumeric code positioned on a recycling bin, a key fob, or an access card.

16. The method of claim 2 , wherein the unique identifier is electronically stored within an RFID tag or a barcode on an outside of each of the one or more containers.

Assignments (7)
NOTICE OF ASSIGNMENT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY RIGHTS REEL/FRAME 061913/0722; 058406/0378; 07532/0138 Recorded Dec 17, 2024
From: TRINITY CAPITAL INC.
To: HAT TRICK SENIOR HOLDCO, L.P.
Reel/Frame 069728/0470 →
SECURITY INTEREST Recorded Nov 29, 2022
From: RTS RECYCLEBANK, INC.; RECYCLE TRACK SYSTEMS, INC.; RECYCLESMART SOLUTIONS INC.
To: TRINITY CAPITAL INC.
Reel/Frame 061913/0722 →
SECURITY INTEREST Recorded Dec 16, 2021
From: RTS RECYCLEBANK, INC.; RECYCLE TRACK SYSTEMS, INC.
To: TRINITY CAPITAL INC.
Reel/Frame 058406/0378 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 31, 2019
From: RECYCLEBANK LLC
To: RTS RECYCLEBANK LLC
Reel/Frame 050884/0732 →
RELEASE OF SECURITY INTEREST Recorded Jan 4, 2017
From: LIGHTHOUSE CAPITAL PARTNERS VI, L.P.
To: RECYCLEBANK LLC
Reel/Frame 040838/0231 →
SECURITY INTEREST Recorded Dec 5, 2014
From: RECYCLEBANK LLC
To: LIGHTHOUSE CAPITAL PARTNERS VI, L.P.
Reel/Frame 034401/0582 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 6, 2009
From: GONEN, RON; IVERS, MORLEY
To: RECYCLEBANK LLC
Reel/Frame 022216/0764 →
Continuity (5)
Continuation In Part 11345867 · Feb 2, 2006
Continuation In Part 11854387 · Sep 12, 2007
Provisional Application 61021301 · Jan 15, 2008
Provisional Application 60650610 · Feb 7, 2005
Related Publication 20090138358A1 · May 28, 2009
Cited By (1)
US 12,423,641