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DYNAMIC PERSONALIZED LOYALTY PROGRAM SYSTEM WITH REAL TIME DATA INTEGRATION AND LOCATION BASED PROMOTIONS

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DYNAMIC PERSONALIZED LOYALTY PROGRAM SYSTEM WITH REAL TIME DATA INTEGRATION AND LOCATION BASED PROMOTIONS

ORDINARY APPLICATION

Published

date

Filed on 20 November 2024

Abstract

7. ABSTRACT The present invention relates to a dynamic, personalized loyalty program system designed to enhance customer engagement and retention. The system comprises a customer-facing mobile application (102) that allows customers to track and redeem loyalty points in real-time. A dynamic reward engine (106) analyzes customer data, including purchase history and preferences, to dynamically adjust rewards based on real-time interactions. The real-time data integration module (108) continuously tracks and updates customer behavior across various touchpoints. The geo-targeting module (110) delivers location-based promotions when customers are near a participating business location, encouraging foot traffic. The automated reward delivery module (112) ensures that rewards are automatically triggered based on predefined milestones. This system provides a seamless, personalized, and automated loyalty experience, optimizing customer satisfaction, engagement, and business performance across various industries. The figure associated with abstract is Fig. 1.

Patent Information

Application ID202441089829
Invention FieldCOMPUTER SCIENCE
Date of Application20/11/2024
Publication Number48/2024

Inventors

NameAddressCountryNationality
VINAY KUMAR TIRUVAIPETA9-3-123/2 Mahankali Thota, Champapet, Saroornagar, Rangareddy, Telangana- 500003, IndiaIndiaIndia
Hari rama Krishna prabhakar bunga8-18-457, Rongali veedhi, VT agraharam Industrial estate, Vizianagaram, thotapalem – 535003, IndiaIndiaIndia

Applicants

NameAddressCountryNationality
VINPRA SOLUTIONS1-31 street No 1, Snehapuri Colony, Hmt Nagar Habsiguda, Uppal, Medchel, Telangana -500076IndiaIndia

Specification

Description:4. DESCRIPTION
Technical Field of the Invention

The present invention related to customer loyalty and reward systems. More particularly, focusing on the development of real-time data analytics and dynamic reward engines to personalize incentives based on individual customer behaviors.

Background of the Invention

With the rise of mobile technology and the increasing prevalence of smartphones, businesses have increasingly turned to customer loyalty programs to enhance customer engagement, improve retention, and foster long-term relationships. These programs typically offer rewards, discounts, or incentives based on the frequency of customer purchases or their ongoing engagement with the business. However, despite the widespread use of these loyalty programs, many of them still suffer from inherent limitations, especially in how they engage customers and adapt to their behaviors. A major issue that persists in many loyalty systems is the lack of personalization. Traditional loyalty programs often offer the same reward to all customers regardless of their unique preferences, behaviors, or purchasing patterns. For example, many systems provide a standard discount after a set number of purchases, which, while beneficial, does not truly cater to the customer's individual needs or create a deeper connection between the business and the customer. This generic approach often leads to a lack of customer engagement as the rewards feel irrelevant or insufficiently motivating.

Additionally, loyalty programs typically fail to make adjustments in real-time based on changing customer behaviors. In today's fast-paced digital environment, customer preferences are fluid, and offering fixed, static rewards based on past purchases is no longer sufficient. A customer may become more interested in a different product or service, or their purchasing behavior may shift in response to external factors such as time of year, promotional events, or even social media trends. Without the ability to adjust rewards dynamically in response to real-time data, loyalty programs often miss the opportunity to offer timely, relevant incentives that would keep the customer engaged.

Another critical gap in existing loyalty systems is the failure to leverage location-based data. Many businesses still operate loyalty programs that are not integrated with geo-targeting capabilities, meaning they miss out on the chance to send location-based promotions to customers when they are near a store or business location. This functionality is especially important as mobile technology increasingly enables businesses to track customer location and tailor offers accordingly. For instance, when a customer is near a store, offering a timely promotion or reward can encourage them to visit, increasing foot traffic and potentially boosting sales. However, without this integration, businesses are missing key opportunities for driving real-time engagement and spontaneous purchases.

Finally, the manual nature of many traditional loyalty programs adds significant complexity and inefficiency. Businesses often must rely on manual processes to track and allocate loyalty points, monitor customer activity, and manage rewards. This creates an increased administrative burden, especially as customer bases grow. Moreover, such systems are prone to human error, which can lead to mistakes in point allocation or reward redemption. As a result, businesses struggle to scale their loyalty programs efficiently and are unable to meet the growing demands of a digital, data-driven marketplace.

Traditional loyalty systems, whether physical or digital, have tried to address these challenges through various solutions. For example, physical punch cards were once a popular method for rewarding customers with repeat purchases. Customers would collect punches or stamps on a card after each purchase, and once the card was full, they would receive a reward. While simple and easy to understand, this system had several limitations: it lacked personalization, was prone to misuse or forgetfulness, and did not integrate with any digital or mobile systems. Similarly, many businesses turned to standalone loyalty apps, which allowed customers to accumulate points or receive discounts for their purchases. These apps, while an improvement over physical cards, often failed to integrate with other business systems, such as point-of-sale (POS) or customer relationship management (CRM) tools, which meant they could not provide a comprehensive view of customer behavior. This lack of integration also prevented businesses from offering truly personalized rewards based on the customer's total engagement, both online and offline.

The tiered loyalty systems that have emerged are another form of solution, rewarding customers with escalating perks as they spend more. For example, customers who spend more within a certain time period are upgraded to higher loyalty tiers, with increasing rewards. While this approach provides some level of personalization by rewarding customers who spend more, it still remains relatively rigid. Tiered systems are typically based on simple spending thresholds and do not take into account factors such as engagement frequency, purchase preferences, or real-time actions. This lack of flexibility means that customers who make fewer but higher-value purchases are treated the same as those who make frequent smaller purchases. Additionally, tiered systems do not offer businesses the opportunity to respond dynamically to changes in customer behavior or external market conditions.

Several businesses have adopted POS-integrated loyalty systems, which track customer purchases in real-time and offer loyalty points at the point of sale. This allows businesses to automatically reward customers based on their purchases. However, such systems tend to be isolated and primarily focused on in-store transactions, often neglecting online customer behavior. As a result, businesses that operate across multiple channels - online and in-store - find it difficult to offer a seamless and integrated loyalty experience. Customers may earn rewards in-store but be unable to redeem them online, or vice versa. The absence of real-time data integration and cross-channel synchronization severely limits the effectiveness of the loyalty program and frustrates customers.

Moreover, static online loyalty programs, such as those implemented by e-commerce businesses, often only provide rewards for specific actions, like purchasing certain products or spending a fixed amount. These programs do not adapt based on customer preferences, engagement level, or location, resulting in generic rewards that do not incentivize behavior change or deeper engagement. Without the ability to offer dynamic, real-time incentives, e-commerce businesses risk losing customers to competitors with more engaging and responsive loyalty programs.

Despite these varied approaches, there is a significant gap in the market for a unified and dynamic loyalty program system that integrates real-time customer data, personalization, geo-targeting, and automated reward distribution in a seamless, scalable solution. Businesses need a system that can personalize rewards in real-time based on customer behavior, both online and in-store, and that offers location-based promotions to encourage spontaneous engagement. Customers, on the other hand, expect loyalty programs to be relevant, timely, and personalized, offering rewards that directly align with their interests and behaviors.

The dire need for such a system has been amplified by the growing demand for personalization and real-time engagement in today's digital economy. Consumers are accustomed to highly personalized experiences across all digital platforms, from shopping recommendations to social media engagement. As businesses increasingly collect and analyze vast amounts of customer data, there is an urgent need for systems that can adapt and respond to this data in real-time. Additionally, as mobile technology continues to play a central role in consumer behavior, integrating location-based promotions and offering dynamic rewards is essential for businesses that want to stay competitive and drive foot traffic to their physical stores.

Brief Summary of the Invention

The following presents a simplified summary of the disclosure in order to provide a basic understanding to the reader. This summary is not an extensive overview of the disclosure and it does not identify key/critical elements of the invention or delineate the scope of the invention. Its sole purpose is to present some concepts disclosed herein in a simplified form as a prelude to the more detailed description that is presented later.
Objects of the Invention

The primary object of the invention is to provide a dynamic, personalized loyalty program system that enhances customer engagement and retention through the use of real-time data and location-based promotions. The system allows businesses to offer rewards that are tailored to individual customer behavior, preferences, and purchase history. This personalization ensures that customers receive relevant incentives that motivate continued engagement, fostering customer loyalty and increasing customer lifetime value.

Another object of the invention is to automate the reward distribution process, eliminating the need for manual interventions and ensuring that rewards are seamlessly triggered based on predefined customer milestones. The system's ability to automatically deliver rewards based on real-time data integration and engagement patterns helps businesses save time and resources while maintaining a high level of customer satisfaction.

The invention also aims to provide businesses with powerful tools for tracking and analyzing customer behavior in real-time. Through the integration of real-time analytics, businesses are empowered to continuously monitor customer interactions and engagement, enabling them to fine-tune their promotional strategies and offer dynamic rewards. This ability to adapt to customer behavior helps businesses stay agile and responsive in an ever-changing market environment.

Additionally, the invention seeks to provide a solution that is scalable and flexible enough to be implemented across a wide range of industries, including retail, food services, hospitality, and e-commerce. The system is designed to accommodate businesses of all sizes, from small cafes to large retail chains, allowing them to enhance their customer loyalty programs while maintaining operational efficiency.

Finally, the invention aims to integrate location-based promotions through the use of a geo-targeting module. This functionality allows businesses to offer tailored promotions when customers are in proximity to a store or participating location. The ability to deliver location-specific offers increases customer interaction and encourages visits to physical locations, driving foot traffic and boosting sales during targeted periods.
Brief Summary of the Invention

The present invention introduces a dynamic, personalized loyalty program system that integrates real-time data, customer engagement, and location-based promotions to create a highly adaptive and effective customer loyalty solution. This system combines various components, including a customer-facing mobile application, a dynamic reward engine, a geo-targeting module, a real-time data integration module, and an automated reward delivery module.

In the first aspect of the invention, the customer-facing mobile application (102) serves as the primary interface for customers to track their loyalty points, view personalized rewards, and redeem incentives in real-time. The app collects customer behavior data, such as purchase history, frequency of visits, and product preferences, which is used to personalize rewards and promotions. This integration ensures that customers receive relevant rewards based on their actions and preferences, fostering a deeper connection between the business and the customer.

Another aspect of the invention is the dynamic reward engine (106), which analyzes customer behavior data and adjusts the loyalty rewards dynamically based on predefined criteria such as purchase value, customer engagement, and purchase frequency. This engine is capable of altering reward structures in real-time, allowing businesses to respond quickly to changing customer preferences or external factors such as seasonal promotions or sales events. By offering personalized rewards tailored to each customer's behavior, the system ensures that customers are continuously motivated to engage with the business.

The real-time data integration module (108) plays a critical role in ensuring that the system remains adaptive and up-to-date. It continuously monitors customer interactions across all touchpoints and updates reward eligibility, loyalty points, and promotions in real-time. This allows businesses to track customer engagement dynamically and make adjustments to the reward system as needed, ensuring that rewards are always relevant and timely.

A unique aspect of the system is the geo-targeting module (110), which leverages location-based data to deliver promotions when customers are in proximity to a participating business location. This feature is particularly useful for brick-and-mortar businesses looking to drive foot traffic by offering location-specific rewards or promotions. For instance, when a customer enters the vicinity of a store, they may receive an instant notification with an exclusive offer or reward, encouraging them to visit the store and make a purchase.

The automated reward delivery module (112) ensures that rewards are distributed automatically without manual intervention. This module triggers rewards based on predefined milestones, such as a certain number of purchases, accumulated points, or engagement with promotions. By automating the reward distribution process, businesses can reduce administrative overhead while ensuring a seamless and timely experience for customers.

The system also provides businesses with a backend analytics module (104) to track customer engagement, monitor reward redemption patterns, and generate insights into customer behavior. This enables businesses to optimize their loyalty strategies, refine promotional offers, and improve the overall effectiveness of the loyalty program.
Advantages of the Invention

The dynamic, personalized loyalty program system offers several key advantages for both businesses and customers. One of the primary advantages is the personalization of rewards. By using real-time data to tailor rewards based on individual customer behavior, the system ensures that customers receive incentives that are relevant to them, which increases their motivation to continue engaging with the business. Personalized rewards also help businesses foster stronger, more meaningful relationships with customers, leading to higher customer satisfaction and retention rates.

Another significant advantage is the automation of the reward distribution process. By eliminating manual interventions, businesses can reduce administrative overhead and ensure that rewards are distributed seamlessly and promptly. This not only saves time but also enhances the customer experience, as rewards are automatically delivered when customers reach predefined milestones, such as a certain number of purchases or accumulated points.

The system's ability to analyze customer behavior in real-time through the real-time data integration module enables businesses to stay responsive to changing customer preferences. This flexibility allows businesses to adjust promotions or rewards based on real-time customer data, ensuring that loyalty programs remain relevant and effective. The geo-targeting module further enhances engagement by offering location-based promotions, which encourage customers to visit physical locations and engage with the business in real time.

The scalability of the system is another major advantage. The invention is designed to accommodate businesses of various sizes and industries, from small retailers and cafes to large e-commerce platforms and global chains. The system can be easily scaled to meet the needs of different businesses, providing them with a flexible and efficient solution for managing customer loyalty programs.

Finally, the system's integration of machine learning and data analytics helps businesses refine their strategies over time. By analyzing customer data and engagement patterns, businesses can optimize their promotional efforts, deliver more effective rewards, and increase overall customer satisfaction. This continuous improvement ensures that the system remains adaptive and responsive to customer needs.
Applications of the Invention

The dynamic, personalized loyalty program system has a wide range of applications across various industries. In retail, businesses can use the system to offer tailored rewards based on customer purchasing behavior. For example, a customer who frequently purchases a certain product may receive personalized discounts or special offers for similar products. The geo-targeting feature can also be used to send location-based promotions when customers are near a store, increasing foot traffic and driving sales.

In the food services industry, restaurants, cafes, and fast-food chains can benefit from the system by offering personalized loyalty rewards based on the customer's order history or preferences. For instance, a customer who regularly orders coffee might receive a discount on their next coffee purchase, while a customer who orders large meals might receive rewards for trying new menu items. The geo-targeting feature can also be used to send notifications about daily specials or promotions when a customer is near a participating restaurant.

The hospitality industry can use the system to reward repeat guests with personalized offers, such as free room upgrades, access to exclusive amenities, or discounts on future stays. By analyzing guest preferences and engagement with past promotions, hotels can tailor their rewards and ensure that guests are incentivized to return. The system can also be used to drive bookings during off-peak periods by offering time-sensitive promotions.

In e-commerce, online retailers can use the system to offer personalized rewards based on customer browsing and purchasing behavior. For instance, customers who frequently buy a particular type of product may receive recommendations for complementary products or exclusive discounts. The geo-targeting feature can be used for location-based offers, such as shipping discounts or exclusive deals for customers in certain regions.

Overall, the system provides a scalable, flexible, and personalized solution that enhances customer engagement, improves operational efficiency, and boosts customer retention across various industries.

Further scope of applicability of the present invention will become apparent from the detailed description given hereinafter. However, the detailed description and specific examples, while indicating preferred embodiments of the invention, will be given by way of illustration along with complete specification.

Brief Summary of the Drawings

The invention will be further understood from the following detailed description of a preferred embodiment taken in conjunction with an appended drawing, in which:

Fig. 1 illustrates the block diagram of overall architecture of the dynamic loyalty program system, in accordance with the exemplary embodiment of the present invention.

Fig. 2 illustrates the customer-facing mobile application interface, in accordance with the exemplary embodiment of the present invention.

Fig. 3 illustrates business-facing backend module workflow, in accordance with the exemplary embodiment of the present invention.

Fig. 4 illustrates the workflow of the dynamic reward engine, in accordance with the exemplary embodiment of the present invention.

Fig. 5 illustrates the workflow of geo-targeting module, in accordance with the exemplary embodiment of the present invention.

Fig. 6 illustrates steps in the automated reward delivery module process, in accordance with the exemplary embodiment of the present invention.

Fig. 7 illustrates various use case scenarios for the loyalty program, in accordance with the exemplary embodiment of the present invention.

Detailed Description of the Invention

The present disclosure emphasises that its application is not restricted to specific details of construction and component arrangement, as illustrated in the drawings. It is adaptable to various embodiments and implementations. The phraseology and terminology used should be regarded for descriptive purposes, not as limitations.

The terms "including," "comprising," or "having" and variations thereof are meant to encompass listed items and their equivalents, as well as additional items. The terms "a" and "an" do not denote quantity limitations but signify the presence of at least one of the referenced items. Terms like "first," "second," and "third" are used to distinguish elements without implying order, quantity, or importance.

The exemplary embodiment of the present invention provides a dynamic, personalized loyalty program system that leverages real-time data integration, geo-targeting, and automated reward distribution to enhance customer engagement, retention, and satisfaction. By offering real-time, personalized rewards, the system creates a seamless and flexible experience for customers while allowing businesses to better manage and optimize their loyalty programs. The invention integrates key components, such as a customer-facing mobile application, a dynamic reward engine, a real-time data integration module, a geo-targeting module, and an automated reward delivery module, each of which contributes to a cohesive and adaptable loyalty solution.

At its core, the invention is designed to address the limitations of traditional loyalty programs, which tend to be static, non-personalized, and siloed. Traditional loyalty programs often fail to provide tailored rewards that are based on the unique preferences and behaviors of individual customers, leading to low engagement and effectiveness. Similarly, many existing programs do not adjust rewards dynamically based on customer actions, which limits the ability to keep customers engaged. The present invention addresses these gaps by dynamically adjusting the rewards in real-time based on customer behaviors, ensuring that the rewards are always relevant and motivating for the customer.

The customer-facing mobile application serves as the primary interface for the customer. The application allows the customer to track their loyalty points, view available rewards, and redeem rewards in real-time. It is designed to be intuitive and user-friendly, with a simple dashboard that displays the customer's progress in the loyalty program. As the customer engages with the business, either by making purchases, visiting physical stores, or interacting with the mobile app, the application collects and stores customer data that can be used to personalize the rewards. This data is then passed to the dynamic reward engine to analyze the customer's preferences, purchase history, and behavior patterns.

The dynamic reward engine plays a crucial role in the system by processing customer data and adjusting loyalty rewards based on the customer's unique behaviors. For example, if a customer frequently purchases a particular category of products, the reward engine may offer them personalized discounts or bonus loyalty points for that product category. Additionally, the reward engine can adjust the reward structure based on real-time data such as current purchases, frequency of visits, or seasonal promotions. This flexibility allows the system to provide personalized incentives that are more likely to resonate with the customer and motivate them to engage more with the business.

The real-time data integration module continuously monitors customer behavior and ensures that all data related to customer interactions is synchronized in real-time. This module updates the customer's loyalty profile as they interact with the system, ensuring that rewards are always up to date and reflective of the customer's most recent activity. For instance, if a customer makes a purchase through the mobile app or visits a physical store, the real-time data integration module updates their loyalty points balance and triggers relevant promotions based on their behavior.

The geo-targeting module allows businesses to send location-based promotions or offers to customers when they are near a store or participating location. This feature is designed to increase engagement by providing personalized incentives that encourage customers to visit physical locations. For example, if a customer is near a retail store, the geo-targeting module may send them a push notification offering a special discount or bonus points if they make a purchase within a set time frame. This location-based targeting ensures that businesses can capitalize on spontaneous visits and increase foot traffic during key periods.

The automated reward delivery module ensures that rewards are automatically triggered and delivered to the customer when predefined criteria are met. These criteria may include milestones such as earning a certain number of loyalty points, making a specified number of purchases, or engaging with a promotional offer. This automation removes the need for manual intervention, streamlining the reward distribution process and ensuring that customers receive their rewards promptly and accurately. For example, if a customer reaches a certain point threshold, the system will automatically notify them of their reward, whether it be a discount, free product, or bonus loyalty points.

The backend management module provides businesses with the tools to monitor customer engagement, analyze loyalty program performance, and adjust promotional strategies. Through this module, businesses can track customer behavior patterns, measure reward redemption rates, and gain insights into customer preferences. The backend module allows businesses to define custom rules for reward allocation, set promotional strategies, and analyze the success of various incentives.

The entire system is designed to be seamless and cohesive, ensuring that businesses can engage with customers across multiple touchpoints and offer relevant, personalized rewards in real-time. This dynamic approach ensures that the loyalty program remains engaging and adaptable, with rewards that reflect the changing behaviors and preferences of individual customers.

To better understand the exemplary embodiment of the present invention, the following figures provide a detailed overview of the system and its components.

In Figure 1, the system architecture is depicted, showing the interaction between the key components: the customer-facing mobile application (102), dynamic reward engine (106), real-time data integration module (108), geo-targeting module (110), automated reward delivery module (112), and the business-facing backend module (104). The customer-facing mobile application is the primary point of interaction for the customer, where they can track their loyalty points, view rewards, and redeem incentives. The dynamic reward engine processes data from the mobile application and adjusts the loyalty rewards in real-time. The real-time data integration module ensures that all customer interactions are tracked and updated immediately, while the geo-targeting module provides location-based promotions to encourage visits to physical stores. The automated reward delivery module ensures that rewards are delivered promptly, and the backend module allows businesses to monitor and optimize the program.

Figure 2 illustrates an example of a typical customer journey using the loyalty program. In this example, a customer first interacts with the mobile application (102) by making an in-store purchase. The real-time data integration module (108) records the purchase and updates the customer's loyalty points. The dynamic reward engine (106) processes the purchase data and offers the customer a personalized reward, such as bonus points for purchasing a high-frequency item. Simultaneously, the geo-targeting module (110) detects that the customer is near the store and sends a push notification offering a location-based discount. Once the customer redeems their reward, the automated reward delivery module (112) ensures that the reward is applied seamlessly, providing the customer with an enhanced experience.

Figure 3 provides a detailed view of how the real-time data integration module (108) works. As customers interact with the system, data is captured in real-time and sent to the dynamic reward engine (106) for processing. The system can track a wide range of behaviors, including purchases, frequency of visits, engagement with promotions, and location data. Based on this data, the system automatically adjusts rewards to match the customer's behaviors. For instance, if a customer frequently purchases a certain category of items, the reward engine may offer personalized discounts or special promotions related to that category.

Figure 4 demonstrates how the geo-targeting module (110) works. When a customer enters the proximity of a store or participating location, the geo-targeting module sends a personalized offer directly to the customer's mobile application (102). This could be a time-sensitive promotion that encourages the customer to make a purchase while in the store. For example, the customer may receive an alert offering a 10% discount on their next purchase if they enter the store within the next 15 minutes.

Figure 5 illustrates the process of automated reward delivery (112). As customers reach milestones such as earning a set number of loyalty points or making a specific number of purchases, the system automatically triggers rewards. These rewards are delivered directly to the customer via the mobile application, without the need for manual intervention from the business. The system can deliver a variety of rewards, such as free products, discounts, or bonus loyalty points, depending on the predefined criteria.

To further illustrate the workings of the system, consider the following example of a customer who frequently shops at a retail store and interacts with the mobile app.

The customer visits the store and makes a purchase. As soon as the transaction is completed, the real-time data integration module (108) records the purchase and updates the customer's loyalty points in real-time. The dynamic reward engine (106) analyzes this data and, based on the customer's past purchase history, offers a personalized reward, such as bonus points for purchasing a specific product category that the customer frequently buys. Simultaneously, the geo-targeting module (110) detects the customer's proximity to the store and sends a push notification offering a time-sensitive discount for purchasing additional items within the next 30 minutes.

When the customer makes another purchase using the app, the automated reward delivery module (112) ensures that the reward is automatically applied. This reward could be a discount on the customer's next purchase or a free product after a set number of purchases. The backend management module (104) provides the business with insights into the customer's behavior, including their most frequent purchases and engagement levels, helping the business optimize future promotional strategies.

Through this dynamic, real-time integration of customer data, location-based targeting, and automated reward delivery, the loyalty program not only engages the customer in a meaningful way but also allows businesses to efficiently manage and scale their loyalty strategies.

In total, the exemplary embodiment of the present invention provides a comprehensive, adaptable, and scalable solution for modern customer loyalty programs. By integrating real-time data, location-based promotions, automated reward delivery, and dynamic personalization, the system creates a seamless and engaging experience for customers while allowing businesses to optimize their loyalty programs. This dynamic approach helps businesses increase customer retention, drive repeat purchases, and improve overall customer satisfaction. The invention represents a significant advancement over traditional loyalty systems, offering a more responsive, customer-centric solution.
, Claims:5. CLAIMS
I/We Claim:
1) A dynamic, personalized loyalty program system for enhancing customer engagement and retention, comprising:
a customer-facing mobile application (102), configured to allow customers to track their purchase behavior, view personalized rewards, and redeem loyalty points in real-time, where the mobile application is in communication with a backend system (104) to synchronize and update loyalty information;
a dynamic reward engine (106), integrated with the mobile application (102) and business-facing backend module (104), configured to:
analyze real-time customer data, including purchase history, frequency of visits, product preferences, and engagement with past promotions;
adjust the loyalty rewards offered to customers based on the analyzed data, dynamically altering the rewards or points structure in response to shifting behaviors or external factors such as promotions or time-based offers;
provide personalized incentives based on individual customer activity, ensuring that rewards are relevant and encouraging continued customer engagement;
a real-time data integration module (108), configured to continuously track and update customer interactions and behavior across the system, providing updated loyalty points, rewards eligibility, and relevant promotions in real-time;
a geo-targeting module (110), integrated with the mobile application (102) and backend system (104), configured to:
use location-based data to deliver personalized, location-based rewards or promotions to customers based on their proximity to business locations, prompting timely engagement and encouraging visits to physical locations;
an automated reward delivery module (112), configured to automatically trigger reward distribution and customer notifications based on predefined rules, thereby eliminating manual intervention and ensuring seamless reward delivery in real-time;
a business-facing backend module (104), configured to enable businesses to:
define custom reward rules based on customer activity and engagement levels;
monitor and analyze customer behavior and loyalty program performance in real-time through a comprehensive dashboard (104), optimizing promotional strategies and tailoring rewards based on data-driven insights;
wherein, the dynamic reward engine (106), real-time data integration module (108), geo-targeting module (110), and automated reward delivery module (112) work together seamlessly in real-time, providing personalized, location-based loyalty rewards, automated management of customer engagement, and data-driven adjustments to promotional strategies, enhancing both customer satisfaction and business performance.

2) The system as claimed in claim 1, wherein the dynamic reward engine (106) is configured to adjust the reward points dynamically based on time-sensitive promotions, such as offering double points during off-peak hours to encourage visits during slower periods.

3) The system as claimed in claim 1, wherein the real-time data integration module (108) integrates with third-party customer behavior data sources, such as external CRM or marketing platforms, to provide a more comprehensive view of customer interactions and optimize reward customization.

4) The system as claimed in claim 1, wherein the business-facing backend module (104) includes an analytics dashboard (104) that provides businesses with real-time insights into customer engagement, reward redemption rates, and sales trends, enabling businesses to refine their loyalty strategies and promotions based on actionable data.

5) The system as claimed in claim 1, wherein the geo-targeting module (110) sends push notifications to the mobile application (102) when a customer is within a predefined radius of a business location, offering location-specific promotions or rewards to increase customer foot traffic.

6) The system as claimed in claim 1, wherein the automated reward delivery module (112) automatically triggers rewards based on predefined milestones, such as rewarding a customer with a free item or discount after a certain number of purchases or accumulated points, ensuring continuous engagement.

7) The system as claimed in claim 1, wherein the dynamic reward engine (106) utilizes machine learning algorithms to predict future customer behavior based on historical data, allowing businesses to proactively adjust rewards and promotions to better align with anticipated trends and customer preferences.

8) The system as claimed in claim 1, wherein the customer-facing mobile application (102) includes a social sharing feature, allowing customers to share their rewards and experiences with others on social media platforms, thereby increasing brand visibility and encouraging social-driven loyalty.

9) The system as claimed in claim 1, wherein the geo-targeting module (110) also incorporates time-based triggers to deliver location-based promotions during specific events or seasons, such as offering exclusive discounts during holiday shopping periods or special sales events.

10) The system as claimed in claim 1, wherein the real-time data integration module (108) is configured to track customer sentiment through feedback mechanisms, such as customer ratings or survey responses, and adjust the reward program accordingly to maintain customer satisfaction and loyalty.

11) A method for managing the dynamic, personalized loyalty program system as claimed in claim 1, wherein the method comprising the steps of:
tracking customer behavior through a customer-facing mobile application (102), wherein the mobile application records real-time customer data, including purchase history, frequency of visits, product preferences, and engagement with past promotions;
analyzing customer data using a dynamic reward engine (106), wherein the data is analyzed based on the recorded customer behavior, and the method further comprises the step of:
dynamically adjusting loyalty rewards based on the customer's past purchase behavior, preferences, and interactions with previous promotions;
providing personalized incentives tailored to individual customer activities, ensuring that rewards are relevant and encourage continued customer engagement;
delivering location-based promotions through a geo-targeting module (110), wherein the method further comprises the step of:
using location-based data to detect when the customer is near a business location and delivering personalized notifications offering promotions or loyalty rewards tailored to that customer's profile;
automating reward distribution through an automated reward delivery module (112), wherein the method comprises:
automatically triggering the delivery of loyalty rewards based on predefined customer milestones, such as a specific number of purchases or accumulated loyalty points, ensuring seamless reward distribution without manual intervention;
analyzing and optimizing customer engagement using a real-time data integration module (108), wherein the method further comprises the step of:
continuously tracking customer interactions and adjusting loyalty rewards and promotions in real-time based on the latest customer behavior data, ensuring that rewards remain dynamic and responsive to customer activity;
wherein, the steps of tracking, analyzing, delivering, automating, and optimizing work together seamlessly in real-time to enhance customer satisfaction, increase retention, and drive sales.

Documents

NameDate
202441089829-ENDORSEMENT BY INVENTORS [11-12-2024(online)].pdf11/12/2024
202441089829-FORM 3 [11-12-2024(online)].pdf11/12/2024
202441089829-FORM-26 [11-12-2024(online)].pdf11/12/2024
202441089829-FORM-5 [11-12-2024(online)].pdf11/12/2024
202441089829-Proof of Right [11-12-2024(online)].pdf11/12/2024
202441089829-COMPLETE SPECIFICATION [20-11-2024(online)].pdf20/11/2024
202441089829-DRAWINGS [20-11-2024(online)].pdf20/11/2024
202441089829-EVIDENCE FOR REGISTRATION UNDER SSI [20-11-2024(online)].pdf20/11/2024
202441089829-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [20-11-2024(online)].pdf20/11/2024
202441089829-FORM 1 [20-11-2024(online)].pdf20/11/2024
202441089829-FORM 18 [20-11-2024(online)].pdf20/11/2024
202441089829-FORM FOR SMALL ENTITY [20-11-2024(online)].pdf20/11/2024
202441089829-FORM FOR SMALL ENTITY(FORM-28) [20-11-2024(online)].pdf20/11/2024
202441089829-FORM-9 [20-11-2024(online)].pdf20/11/2024
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