Patent ID: 11880856
Assignee: INMAR CLEARING, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A recall and promotion processing system comprising:
a plurality of point-of-sale (POS) devices;
a plurality of shopper devices, each associated with a corresponding shopper; and
a recall-promotion processing server configured to
obtain historical purchase data associated with the plurality of shoppers, and
determine whether a given recalled product was purchased by a given shopper from among the plurality of shoppers based upon the historical purchase data, and when so,
generate and communicate a recall notification to the corresponding shopper device associated with the given shopper,
generate and communicate a digital coupon to the corresponding shopper device associated with the given shopper, the digital coupon being redeemable toward a product for purchase based upon the given recalled product, and the digital coupon having a redeemable value associated therewith,
communicate with the plurality of POS devices to obtain actual redemption data associated with the digital coupon for the plurality of shoppers as transactions at the plurality of POS devices are processed thereat and generate an actual redemption rate of the digital coupon based upon the actual redemption data,
operate a machine learning algorithm that accepts, as an input thereto, the actual redemption rate for the plurality of shoppers, and generates, as an output from the machine learning algorithm, a predicted redemption rate associated with the digital coupon, the machine learning algorithm being updated as the transactions at the plurality of POS devices are processed, and
adjust a subsequent redeemable value for a subsequent digital coupon based upon the actual redemption rate and the predicted redemption rate by at least increasing the subsequent redeemable value of the subsequent digital coupon based upon a lower predicted redemption rate and the actual redemption rate, and decreasing the subsequent value of the subsequent digital coupon based upon a higher predicted redemption rate and the actual redemption rate.