Patent ID: 9619817
Date: 2017-04-11
CPC Classifications: G06Q

Claim:
1. A method for improving consumer traffic attributed to an inventory of promotions offered for sale at a given time via an inventory module of a promotional system, wherein the method is implemented by an auto-replenishment engine for auto-replenishing the inventory of promotions, the method comprising: providing a user interface to the provider for access on a remote computer; receiving target data generated from data entered by the provider via the user interface, wherein the target data comprises a target number of consumers to redeem a promotion at the provider within a predetermined period of time; accessing the inventory module, configured to maintain and provide a current inventory of promotions and outstanding promotions available via the promotional system for redemption at the provider, wherein the promotions and the outstanding promotions have associated promotional value and cost, and the outstanding promotions have been purchased by consumers and have associated purchase dates and expiration dates; accessing a redemption analytics module configured to generate a redemption curve of historical redemptions by: calculating, with an auto-replenish calculator module implemented by at least processing circuitry, a number of promotions to be made available for purchase and redeemable at the provider, with which to replenishment the inventory and respective replenishment dates of the number of promotions, wherein the number of promotions and the respective replenishment dates are calculated based on the target number and the fit redemption curve of the historical redemptions reflecting the redemption rates and the redemption ratios input from the redemption analytics module; and transmitting data to the inventory module such that the inventory module causes an increase in the current inventory of promotions redeemable at the provider and for sale via the promotional system on the respective replenishment dates.