Hello Wefunder Investors,
We’ve now almost concluded the seventh month since the WeFunder third round financing was initiated. As in previous months, I wanted to provide you with an update on the many things happening with the OodlesDeals mobile app, and overall at the company.
In last month’s update, I explained the necessity for our team to act with a sense of urgency, given the severe impact of the Coronavirus Pandemic on the restaurant industry. We announced the Oodles #supportlocal initiative, extending the user base of the OodlesDeals app from solely University students to local residents living in communities across the country.
In just the few weeks since the launch of #supportlocal, response from the communities in multiple states has started off strong. Please click the attached link, and take a look at the short video for details of the pipeline of interest already generated in Oodles & #supportlocal -- OODLES VIDEO. We are just getting started, because the need is great!
Over the next few months, we will spotlight many of these communities, and the specific activities we execute in each of these geographies to re-energize the restaurants frequented by their town’s residents. The Oodles management team knows that the effects of the Pandemic are going to be felt for many months to come, particularly by the restaurant industry, and our entire team is committed to helping them through this crisis.
We cannot do this alone, and need your help. Go to wefunder.com/oodles, review our unique value proposition, future plans, historical achievements and newly construed go-to-market approach. The Oodles management team is sure that you will find our proposition relevant enough to invest in our on-going fundraising campaign, especially so that we can extend the reach of the #supportlocal initiative to as many communities across the country as fast as possible.
#supportChico Restaurant Week
The town of Chico, California, is well known to Oodles, given our presence at CSU - Chico for several years. Most of the restaurants on the OodlesDeals mobile app have been partners since we started, and many thousands of users in Chico — University students, High School students, in particular — are very familiar with the SCORCHER offers on the app. To support the devastated restaurant community in Chico as quickly as possible, the Oodles Marketing team, in conjunction with a well-known fraternity from CSU - Chico, will be sponsoring #supportChico Restaurant Week. Details are shown below.
Several civic organizations in Chico, whose mission is to support small businesses in Chico, will help spread the word out for #supportChico Restaurant Week with Chico residents, to help participating restaurants maximize the economic value of the awareness and good faith generated within the community — while ensuring all proper local and regional Health directives are always followed. More on #supportChico Restaurant Week in next month’s update.
As you know, the SCORCHER process of enabling users to invite friends and spend time together is a patented protected one, and is what makes the OodlesDeals app truly unique and added-value to use.
Free Service For Black-Owned Restaurants
Across the country, African-American entrepreneurs, including restaurant owners, have been disproportionately affected economically by the Coronavirus Pandemic. This is a statistical fact, which the Oodles Sales team saw an opportunity to help out.
The below is an excerpt from a letter the Oodles Sales team recently sent to African-American restaurant owners in Evanston, Illinois. One-on-one follow-up with each of the restaurant owners is an immediate next step, to quickly establish their restaurant on the app, and start promoting them to the current and growing Oodles user base as fast as possible.
The Oodles Sales team will learn fast from this Evanston offer, aiming to launch this free service and marketing support to Black-owned restaurants wherever OodlesDeals is available across the country.
The Oodles management team is eager to help local communities and restaurants during this time of extreme need — this is our pledge to #supportlocal.
Please help by investing in our fundraising campaign at www.wefunder.com/oodles.
On behalf of Asheesh and the entire OodlesDeals management team, I ask you to stay healthy, and stay safe during this time of crisis.
We are all in this together.
Co-founder & CEO
Privacy: We won’t share your data, or post to your wall, without your permission.
Already have a Wefunder account? Login
Don't have a Wefunder account? Signup