Patent ID: 8650072

Claim:
A method of offering discounted goods or services over a discount platform in which a merchant is allowed to provide a discount offer to a potential customer when said potential customer indicates a location near where said merchant is providing the goods or services, said offer being valid for a limited offer time, and being redeemable for a limited redemption time, comprising a network server, a microprocessor, a memory and computer software, said computer software being located in said memory and run by said microprocessor, said computer software comprising a location based discount offer algorithm, wherein said location based discount offer algorithm comprises the steps of: (a) establishing a relationship with a merchant, said relationship including receiving information from said merchant pertaining to goods or services provided by said merchant; (b) allowing said merchant to determine a discount offer price for a particular good or service to be provided by said merchant, said discount offer price being a reduction in amount from a standard offer price for said particular good or service; (c) allowing said merchant to determine a limited number of discount offers to be provided by said merchant; (d) allowing said merchant to determine said limited offer time for said discount offer price to be valid; (e) allowing said merchant to determine said limited redemption time for said potential customer to redeem said discount offer price; (f) providing at least one access code to said merchant, said at least one access code correlating to each of said limited number of discount offers provided by said merchant; (g) determining when said potential customer is located near the location where said merchant can provide the particular good or service; (h) presenting to said potential customer located near the location that said merchant can provide the particular good or service, said discounted offer price, said limited offer time and said limited redemption time.