System and method for analyzing coupon redemption data

G - Physics – 06 – Q

Patent

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Details

G06Q 30/02 (2012.01) G06F 17/30 (2006.01) G06N 3/02 (2006.01) G07G 1/14 (2006.01)

Patent

CA 2254011

A system and method for analyzing coupon redemption data, the system having a parallel adaptive, self-arborizing network including a database component having a database containing consumer and client information, an extract module program that retrieves information from the database based on a set of user or computer designed criteria, an editor program which formats the information extracted from the database to be generated on a coupon or flyer to create a data template including at least one two dimensional bar code containing consumer and coupon information from the database and a printing tool for encoding the data template on a coupon page. The system further comprises a data recovery system, including at least one scanning device provided at the point of sale terminal adapted to read the two dimensional bar codes on the coupons and a store and forward system that stores the data collected by the scanning device at the point of sale terminal. The data redemption system includes a data accumulator that retrieves redeemed coupon information from the store and forward system in the retail client's store, which is transferred to a database analysis component of the parallel adaptive network via an Internet or similar modem communications transfer. The database analysis component of the parallel adaptive network analyzes the consumer and client information from the redeemed coupon data to determine consumer purchasing trends. The database analysis component learns from the analysis of consumer purchasing trends to define a modified set of coupon printing criteria based on the analysis.

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