Abstract: A method of generating a fixed-price variable-offer multi-tier thread generator may include receiving, a by a computer processor(s), at least a fixed price, a thread expiration criteria and specification for at least two offerings for the fixed price. Each of the at least two offerings correspond to one of at least two tiers of offerings, where the fixed price entitles a first member and any subsequent members on a thread to redeem a qualified offer associated with a qualified tier, in exchange for paying the fixed price, upon the occurrence of at least one thread expiration criteria. The at least one product or service offerings the thread qualifies for, upon the occurrence of the at least one thread expiration criteria, may be dependent upon a total number of members, including the first member who starts a thread from the thread generator and any subsequent members who join the thread and who have agreed to pay the fixed price.
Type:
Grant
Filed:
June 2, 2014
Date of Patent:
October 2, 2018
Assignee:
Recovery Science LLC
Inventors:
Shalin Nayan Shah, Kusum Rasiklal Shah, Jyotsana Nayan Shah
Abstract: A embodiment, a computer implemented method of generating a multi-tier dynamic value promotion thread generator may include: creating, by a computer processor(s), the thread generator, including: receiving, by the processor(s), terms of the at least one multi-tier dynamic value promotion thread generator adapted to generate at least one thread, wherein the terms may include: at least one tier-specific benefit term, and at least one tier-specific requirement term for each of at least two tier levels of the thread generator; and at least one thread-specific countdown timer, wherein upon generation of a generated thread by a first customer user, a value of the tier-specific benefit term of the generated thread may be determined by comparing: a number of joined customer users upon expiration of the countdown timer, to the tier-specific requirement terms, to identify the tier corresponding to the number of joined customer users.
Type:
Application
Filed:
August 12, 2012
Publication date:
June 20, 2013
Applicant:
Recovery Science LLC
Inventors:
Shalin N. Shah, Kusum R. Shah, Jyotsana N. Shah