Named one of the most innovative
public technology companies by the Canadian Innovation Exchange in 2015,
Ontario-based Pudo, Inc. (OTCQB: PDPTF) represents one of the latest “why
didn’t I think of that” ideas. The company’s idea, now available across Canada
and the U.S., is a customizable pick-up and drop-off service, allowing anyone
to specify one of thousands of third-party locations where packages can be
picked up or dropped off for delivery.
What that means for the consumer
is that they don’t have to worry about not being at home for a delivery or
trying to get to the post office or a distant shipping center before it closes.
Instead, they can have the package delivered to what the company calls PUDO
Points, which can be a nearby convenience or grocery store or even a gas
station, any one of thousands of places that are part of the company’s growing
partner network. The consumer is notified by email when the item arrives, and
then simply picks the package up there, at locations that are convenient to reach
and open long hours, 7-days-a-week. Additionally, anyone can also ship packages
from the same locations, at times when other options are closed. For the
consumer the only requirement is that they become a free PUDO member.
It’s a service that is obviously
great for the consumer, but it’s also valuable to the partner-store because of
the increased traffic it draws. As the PUDO user community grows, greater
traffic will be generated. PUDO supplies partners with technology to coordinate
shipments, and provides courier arrangements to attract foot traffic and PUDO
members for domestic and international shipping. PUDO members receive discounts
on their shipping and stores earn revenue. In addition, PUDO gives training to
ensure consistent service standards are met.
PUDO already has affiliate
agreements with some of North America’s best-known retailers, including Amazon
(NASDAQ: AMZN), eBay (NASDAQ: EBAY), Hudson’s Bay (OTC: HBAYF), and Walmart
(NYSE: WMT), and it has recently entered into a marketing agreement with
Innovative Marketing to provide PUDO with advertising and investor relations
services. The company is now planning to raise up to $1.375 million through a
non-brokered private placement, to “pursue the expansion of their location
network in Canada and the United States, pursue strategic partners and
retailers, and for general working capital”.
For more information visit:
www.pudoinc.com or www.pudopoint.com.
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