Method and apparatus for selling subscriptions to periodicals in a retail environment
A system comprises a point-of-sale (POS) terminal, a POS controller, a retail subscription system. The POS terminal allows a cashier to enter subscription sales data into the POS controller. The POS controller maintains databases on available subscriptions and produces databases containing data relating to subscriptions sold to customers. The retail subscription system verifies the subscriptions by reference to its own databases and transmits the subscriptions to a fulfillment house for distribution.
1. A system for establishing a subscription to a periodical, comprising:
a request receiving component configured to receive a request by a customer to purchase a single periodical;
an offering component configured to offer to sell a subscription to the periodical at a subscription rate;
an acceptance receiving component configured to receive an acceptance of the offer to sell the subscription;
a component configured to record the distribution of the single periodical as a first issue of the subscription; and
an electronic terminal.
2. The system of claim 1 , wherein said electronic terminal displays information showing that a subscription to the single periodical requested by the customer is available.
3. The system of claim 1 , wherein said electronic terminal receives subscription information about the customer.
4. The system of claim 1 , wherein said system further includes a point-of-sale controller; and
said electronic terminal transmits data indicating the sale of a subscription and an authentication code to said point-of-sale controller.
5. The system of claim 4 , wherein said electronic terminal includes a printer and generates a printed receipt for the subscription that includes said authentication code.
6. A system for establishing a subscription to a periodical, and calculating the amount owed to the point-of-sale of said subscription, comprising:
a request receiving component configured to receive a request by a customer to purchase a single periodical at given cost for the single issue;
an offering component configured to offer to sell a subscription to the periodical at a subscription price that is higher than the wholesale subscription cost;
an acceptance receiving component configured to receive an acceptance of the offer to sell the subscription at said subscription price;
a component configured to record the distribution of the single periodical as a first issue of the subscription;
an electronic terminal located at the point-of-sale of the single periodical and the subscription;
a point-of-sale controller that is in communication with said electronic terminal and that includes a local sales database that records the subscription price, the subscription cost; and the cost for the single periodical that is the first issue of the subscription;
whereby, the amount owed to the point-of-sale for the purchased subscription to the periodical can be readily calculated.