IP Library Patent Application 17647770
Patent Application
App. No. 17/647,770

METHOD FOR DETERMINING PROVIDER PARAMETERS INCLUDING A PROVIDER MARGIN

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Quick Facts
Patent No.
US None
App. No.
17/647,770
Abstract

Provided herein are system, methods and computer readable storage media in facilitating the determination of provider parameters, such as a provider margin, for a promotion of the provider's goods, services, and/or the like in an agreement between the provider, also known as a merchant, and a promotion and marketing service that is configured to illustrate or otherwise inform consumers of the availability of one or more instruments for a promotion. In providing such functionality, the system may be configured to, for example, receive provider characteristic data, determine historical provider information, receive provider promotion structure data, determine a provider profile, determine a positive return on investment threshold, and transmit a provider parameter.

Claims (57)

1 .- 33 . (canceled)

34 . A method comprising:

receiving a request to programmatically define provider margin data, wherein the provider margin data is indicative of a provider margin for a promotion and the request is associated with a provider identifier;

determining one or more of a historical information margin, a promotion structure margin, a provider profile margin, or a positive return on investment margin;

aggregating the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin in accordance with a dynamic weighting of each of the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin to generate the provider margin data; and

presenting, in real-time, via a system interface configured for display at a merchant device associated with the provider identifier, the provider margin data.

35 . The method of claim 34 , wherein the request to programmatically define provider margin data further comprises provider characteristic data.

36 . The method of claim 35 , wherein the system interface is a web-based interface, the method further comprising:

providing the web-based interface for receiving input of the provider characteristic data in real-time.

37 . The method of claim 34 , further comprising accessing a database comprising provider characteristic data based on the provider identifier.

38 . The method of claim 37 , wherein the provider characteristic data comprises at least one of provider name data indicative of a provider name, provider category data indicative of a provider category, provider location data indicative of a provider location, provider rating data indicative of a provider rating, or a combination thereof.

38 . The method of claim 34 , wherein determining a historical information margin comprises:

accessing data indicative of previous provider margins given to providers of a same provider category as a provider associated with the provider identifier; and

adjusting an aggregate of the previous provider margin data based on consumer review data indicative of consumer reviews of the provider associated with the provider identifier.

39 . The method of claim 34 , wherein determining a promotion structure margin is based on one or more redemption parameters of the promotion.

40 . The method of claim 39 , wherein determining a promotion structure margin comprises:

determining a provider category associated with the provider;

determining average margin data indicative of an average margin for the provider category;

identifying discount data indicative of a discount provided to a consumer in the promotion;

determining promotion target data indicative of a total number of promotion units to sell; and

calculating, via a linear combination, the promotion structure margin as a function of the provider category, the average margin data for the provider category, the discount data, and the promotion target data.

41 . The method of claim 40 , further comprising:

adjusting the promotion structure margin based on at least one of a placement location of the promotion, a placement method of the promotion, a consumer type target of the promotion, or a combination thereof.

42 . An apparatus comprising at least one processor and at least one memory storing instructions that, when executed by the at least one processor, cause the apparatus to:

receive a request to programmatically define provider margin data, wherein the provider margin data is indicative of a provider margin for a promotion and the request is associated with a provider identifier;

determine one or more of a historical information margin, a promotion structure margin, a provider profile margin, or a positive return on investment margin;

aggregate the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin in accordance with a dynamic weighting of each of the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin to generate the provider margin data; and

present, in real-time, via a system interface configured for display at a merchant device associated with the provider identifier, the provider margin data.

43 . The apparatus of claim 42 , wherein the request to programmatically define provider margin data further comprises provider characteristic data.

44 . The apparatus of claim 43 , wherein the system interface is a web-based interface further configured to receive input of the provider characteristic data in real-time.

45 . The apparatus of claim 42 , wherein the instructions further cause the apparatus to:

access a database comprising provider characteristic data based on the provider identifier.

46 . The apparatus of claim 45 , wherein the provider characteristic data comprises at least one of provider name data indicative of a provider name, provider category data indicative of a provider category, provider location data indicative of a provider location, provider rating data indicative of a provider rating, or a combination thereof.

47 . The apparatus of claim 42 , wherein determining a historical information margin comprises:

accessing data indicative of previous provider margins given to providers of a same provider category as a provider associated with the provider identifier; and

adjusting an aggregate of the previous provider margin data based on consumer review data indicative of consumer reviews of the provider associated with the provider identifier.

48 . The apparatus of claim 42 , wherein determining a promotion structure margin is based on one or more redemption parameters of the promotion.

49 . The apparatus of claim 48 , wherein determining a promotion structure margin comprises:

determining a provider category associated with the provider;

determining average margin data indicative of an average margin for the provider category;

identifying discount data indicative of a discount provided to a consumer in the promotion;

determining promotion target data indicative of a total number of promotion units to sell; and

calculating, via a linear combination, the promotion structure margin as a function of the provider category, the average margin data for the provider category, the discount data, and the promotion target data.

50 . The apparatus of claim 49 , wherein the instructions further cause the apparatus to:

adjust the promotion structure margin based on at least one of a placement location of the promotion, a placement method of the promotion, a consumer type target of the promotion, or a combination thereof.

51 . A computer program product, the computer program product comprising a non-transitory computer-readable storage medium storing computer program code that, when executed by an apparatus, causes the apparatus to:

receive a request to programmatically define provider margin data, wherein the provider margin data is indicative of a provider margin for a promotion and the request is associated with a provider identifier;

determine one or more of a historical information margin, a promotion structure margin, a provider profile margin, or a positive return on investment margin;

aggregate the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin in accordance with a dynamic weighting of each of the historical information margin, the provider profile margin, the promotion structure margin, and the positive return on investment margin to generate the provider margin data; and

present, in real-time, via a system interface configured for display at a merchant device associated with the provider identifier, the provider margin data.

52 . The computer program product of claim 51 , wherein determining a promotion structure margin is based on one or more redemption parameters of the promotion.

53 . The computer program product of claim 52 , wherein determining a promotion structure margin comprises:

determining a provider category associated with the provider;

determining average margin data indicative of an average margin for the provider category;

identifying discount data indicative of a discount provided to a consumer in the promotion;

determining promotion target data indicative of a total number of promotion units to sell; and

calculating, via a linear combination, the promotion structure margin as a function of the provider category, the average margin data for the provider category, the discount data, and the promotion target data.

Assignments (2)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 26, 2025
From: GROUPON, INC.; LIVINGSOCIAL, INC.
To: BYTEDANCE INC.
Reel/Frame 071769/0488 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 12, 2022
From: L'HUILLIER, GASTON; LARRAIN, FRANCISCO; LAI, KAMSON; KOREN, AMIT
To: GROUPON, INC.
Reel/Frame 058631/0690 →