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Executive Summary

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makingmoneynow   Monday, 09/03/18 03:42:14 PM
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Executive Summary
EXECUTIVE SUMMARY

ParcelPal is the modern way for consumers to get products delivered from local businesses quickly and affordably. ParcelPal is the Uber of delivery by ways of a mobile application, an eCommerce integrated solution and a web-based service that lets consumers choose ParcelPal as a delivery method from local businesses and have it delivered in under an hour or less. Our technology handles the complete requirements of delivery logistics by bringing the merchants and customers onto a single platform.

The idea for starting ParcelPal Technology, Inc. originated in 2016. The company was founded in Vancouver, British Columbia and currently trades on the Canadian Securities Exchange under the symbol CSE:PKG (also on the Frankfurt Exchange: PT0 and the OTC Pink: PTNYF). Initially the company launched its B2B platform whereby merchants and users could log onto ParcelPal’s web portal and request a courier. This request was directly pushed to ParcelPal’s courier network and ‘accepted’ by one of the couriers through the courier application. The courier would proceed to fulfill the order and get the delivery completed within an hour or less.

To further their platform and open new market opportunities, ParcelPal has developed and currently is in process of launching their ‘Go Get It’ application. The focus of the application is a marketplace where consumers can order virtually anything in the city and have it delivered to them in an hour or less. The technology is available on iOS and is currently being developed on the Android operating system and as a web-based service.

While food delivery is not an innovative idea in itself, our business model addresses local logistics and delivery in an entirely new approach and methodology. ParcelPal’s vision is to make any local businesses inventory available and accessible to consumers within their city anytime, anywhere. ParcelPal services do not require a warehouse like traditional retail giants, which in essence competes with local businesses, rather ParcelPal gives local businesses the power of their logistics technology which in turn gives them the ability to reach a magnitude of customers.

ParcelPal has engaged local businesses with their software solution and plans to implement and expand further in the following key verticals:

Medical Marijuana (recreational pending legislation)

Alcohol

Food (quick service restaurants)

Retail goods

Get Anything (virtually anything!)

The biggest gain with on-demand delivery is that it blurs the difference in convenience between online and offline shopping. Customers are able to enjoy the flexibility and concessional pricing of online shopping and still have immediate product access that is native to offline shopping. On-Demand delivery is the next revolution in eCommerce that will reap in benefits for both retailers and merchants as well as their many customers. Combined with efficacy of ParcelPal, On-Demand delivery is a fuss-free affair for consumers and merchants.

We recognized one of the biggest problems people face is balancing work vs. personal life. Time constraints add to the stress we all experience. We've all found ourselves wishing we could spend more time doing the things we want to do, and less time doing the tasks we have to do.


Read more at http://www.stockhouse.com/companies/bullboard?symbol=c.pkg&postid=28555413#c6bElHY8D2Tskqcp.99

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