SYSTEM AND METHODOLOGY FOR INCENTIVIZING PURCHASERS AND PROVIDING PURCHASE PRICE REWARDS

摘要

A cost-effective, bounded, scalable method of paying determined portions of a customer's initial purchase price to the customer as rewards for new business that originates from the customer includes rewarding a first purchaser for subsequent purchases originating from such first purchaser, determining an initial purchase amount for an initial purchase by the first purchaser, assigning a first code to the first purchaser for the initial purchase, associating a subsequent purchase with the first code, and providing a reward to the first purchaser for the subsequent purchase associated with the first code. The reward is a determined amount of money paid to the first purchaser, which may equal a determined percentage (e.g., 5% to 30%) of the subsequent purchase. The person making the subsequent purchase may be the same as the first purchaser or another person. Quantitative and temporal bounds may be established. Under the system and method a purchaser may receive cash rewards equal to the purchaser's initial purchase price.