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Method and System to Generate Revenue via a Subscription Service that Increases Pedestrian Traffic from Large Crowd Venues to Nearby Businesses

IP.com Disclosure Number: IPCOM000245497D
Publication Date: 2016-Mar-12
Document File: 2 page(s) / 45K

Publishing Venue

The IP.com Prior Art Database

Abstract

Method and system is disclosed for increasing pedestrian traffic from large crowd venues such as an arena, theater, concert hall, sport stadium, and business office, to nearby local businesses, particularly restaurants. The method and system enables pedestrian traffic that is exiting a large venue to receive visual information regarding local restaurants surrounding the large venue with static and dynamic information about the restaurants within reasonable walking distances. Information can be displayed on network enabled visual displays located at exit points at the large venue. The information may consist of business status, such as open or closed, type of food served, location in relationship to that particular visual display unit, and the estimated wait time to be served.

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Method and System to Generate Revenue via a Subscription Service that Increases Pedestrian Traffic from Large Crowd Venues to Nearby Businesses

Disclosed is a method and system for increasing pedestrian traffic from large crowd venues such as an arena, theater, concert hall, sport stadium, and business office, to nearby local businesses, particularly restaurants. The method and system enables pedestrian traffic that is exiting a large venue to receive visual information regarding local restaurants surrounding the large venue with static and dynamic information about the restaurants within reasonable walking distances.

The following figure illustrates an exemplary scenario of displaying information pertaining to local businesses to the pedestrian traffic.

Local Business A Status Closed

Local Business B Status Open Wait time 10 min

Local Business C Status Open Wait time 5 min

Third Party Information Provider

Large Venue

1


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Figure

In an embodiment, local businesses use a point of sale type computer system that transmits activity/information of the local businesses to a computer server provided by a third party information provider. In a similar manner, large venues are also equipped with network enabled displays connected to a computer server that not only provides the information, but also transmits expected schedule of events planned at a particular venue arena. The management of the venue can provide activity information on a periodic basis.

Information can be displayed on network enabled visual displays located at exit points at the large venue. The information may consist of business status, such as open or closed, type of food served, location in relationship to that particular visual display unit, and the estimated wait time to be served. Such information enables the pedestrian to make a quick, and informative, decision as to where to go for to satisfy a meal need. This r...