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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