Recyclebank LLC

Rts Recyclebank, LLC

Ron Gonen

Morley Ivers

David Wigder

Patrick K FitzGerald

Paul T Winn, Jr

An incentive-based waste reduction system and method thereof are disclosed herein. In accordance with one embodiment of the present invention, an incentive-based waste reduction system comprises a collection means comprising at least a load-determining device, the collection means for obtaining a quantifiable measure of waste material from an entity, a value associated with the quantifiable measure of waste material, an adjustment factor for adjusting the value associated with the quantifiable measure of waste material, determined from an algorithm, the algorithm taking as an input at least a predetermined factor, a credit value associated with at least a quantifiable measure of deposited waste material, and a reward value associated with the credit value. Information about the waste material is transmitted to a host server which performs actions based on the received information, including reconfiguring a deployment scheme of trucks to routes to save resources.

Incentive-based waste reduction system and method thereof

Embodiments of the present invention generally relate to a system and method for managing an incentive-based recycling program. More specifically, embodiments of the present invention relate to managing an incentive-based recycling program through administering a dynamic customer loyalty rewards program associated therewith. In one embodiment of the present invention, a method of managing an incentive-based recycling system comprises inputting customer data into a collective database, and generating a customer account, inputting hauler data into the collective database, and generating a hauler account, inputting vendor data into the collective database, and generating a vendor account, recording a recycling activity associated with a customer account on the collective database, allocating credits to a customer account, in an amount correlating to the recycling activity associated with the customer account, on the collective database, and enabling the customer to manage the credits associated with the customer account.

System and method for managing an incentive-based recycling program

Embodiments of the present invention generally relate to a recycling system and method thereof. More specifically, embodiments of the present invention relate to a method of implementing an incentive-based recycling system which rewards clients for recycling recyclable goods via financial or other incentives. In one embodiment, a method of implementing a system of incentive-based recycling comprises dispatching a vehicle on a collection route, collecting recyclable material from a series of collection points, obtaining unique identification data from each collection point, dropping off recyclable material at a drop-off facility, uploading the unique identification data to a central database, and allocating rewards to a customer corresponding to a measurement of the unique identifying data.

Method of implementing an incentive-based recycling system

An incentive-based waste reduction system and method thereof are disclosed herein. In accordance with one embodiment of the present invention, an incentive-based waste reduction system comprises a collection means comprising at least a load-determining device, the collection means for obtaining a quantifiable measure of waste material from an entity, a value associated with the quantifiable measure of waste material, an adjustment factor for adjusting the value associated with the quantifiable measure of waste material, determined from an algorithm, the algorithm taking as an input at least a predetermined factor, a credit value associated with at least a quantifiable measure of deposited waste material, and a reward value associated with the credit value.

Methods and systems are provided for improving recycling and participation rates by providing financial incentives to households engaged in recycling. Certain embodiments of the invention relate to reduction of costs associated with waste collection and the enhancement of collection efficiency. Other embodiments of the invention relate to opening a marketing channel for participating retailers to build value from responsible corporate citizenship.

Method and system for improving recycling through the use of financial incentives

A method and system for managing a recycling entity is included. The method includes obtaining entity data associated with at least one entity. The at least one entity is operable to recycle a quantifiable measure of recyclable material. The method also includes obtaining resource data associated with resources associated with carrying out recycling, applying the entity data and the resource data to a model for determining an allocation of the resources so as to form at least one record, and generating, as a function of the at least one record, reports for allocating the resources.

Methods and system for managing recycling of recyclable material

Embodiments of the present invention relate to a system for cross-integrating consumer data from separate consumer loyalty programs to create an aggregated consumer record and methods thereof. In one embodiment of the present invention, a method for cross-integrating consumer loyalty programs comprises obtaining a first set of consumer data on a consumer from a first reward partner, obtaining a second set of consumer data from the consumer, aggregating the first set of consumer data and the second set of consumer data in a database, creating an aggregated consumer record in the database from the aggregated data, and providing access to the aggregated consumer record to the first reward partner.

System for cross-integration of consumer loyalty programs and methods thereof

A method of implementing an incentive-based recycling system is provided. In one embodiment of the present invention, the method of implementing an incentive-based recycling system includes dispatching a vehicle on a route, lifting a pickup cart comprising a volume of collectable recyclable material and having a radio frequency identification (RFID) readable tag disposed thereon, weighing the collectable recyclable material on a weighing device, using a radio frequency identification reader to obtain a unique set of identification data from the pickup cart, removing the pickup cart from the weighing device, transporting a volume of collectable recyclable material to a drop-off facility, validating collected weight data and identification data, uploading the data to a central database, generating at least one report from the data uploaded to the central database, and allocating rewards to a customer corresponding to a unique set of identification data.

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New York, NY, United States of America

Ron Gonen