Reducing Excess Capacity for Restaurants & Other Industries During Off-Peak or Other Times

CHECK FOR AVAILABILITY - Summer 2016 Auction Catalog
ID Lot 012
Seller Mount Hamilton Partners, LLC
Sector CRM; Reservations
Assets 3 - US Patents; 2 - US Applications
US Patents 6,741,969 7,904,334 8,620,741
Applications US 09/461,336; US 14/109,727

Lot Summary

With a 1999 priority date, the disclosed portfolio describes systems and methods for optimizing utilization rates for businesses by incentivizing patrons through customized deals and coupons, and thereby reducing excess capacity for such businesses during off-peak hours. The invention provides for a complete system where businesses can create incentives to encourage more user engagement during off peak hours, manage the incentives in real time and analyze the impact of such incentives. Businesses gain additional insight into their own business operations and this data can help them better target their customers through advertisements, coupons and other incentives. Business owners also get a better insight into customer usage and behavior patterns. To attract more customers to the platform, an embodiment of the invention provides for potential customers to bid on gift certificates redeemable at restaurants during a predetermined time. Users may register with the system and provide identification and demographic information which may be used by restaurants for targeted marketing strategies, promotions, and special offers. The system may include registration, auction, restaurant guides, restaurant manager, rewards and referral center, and restaurant reservation modules, as well as advertisement displays.

Sample Forward Citations: AMEX, AT&T, Deem, Dropbox, IBM, LinkedIN, Microsoft, Priceline.com, Pricelock, Sony, Turbine

Due Diligence

Patent NumberFile History
6,741,969fh6741969.pdf
7,904,334fh7904334.pdf
8,620,741fh8620741.pdf