Groupon, Inc.
Method, apparatus, and computer program product for auto-replenishing an inventory of promotions

Last updated:

Abstract:

A method, apparatus and computer program product are provided for providing auto-replenishment of an inventory of promotions. Auto-replenishment amounts and dates may be determined based on a variety of factors including current inventory, outstanding promotions, redemption ratios and redemption rates. Redemption ratios and redemption rates may be characterized based on provider information, consumer information, and/or promotion information. Auto-replenishment may result in a smoothed redemption curve and optimal impact to the provider.

Status:
Grant
Type:

Utility

Filling date:

23 Feb 2017

Issue date:

10 Sep 2019