our big idea€¦ · our big idea @tangotab tangotab build a self-sustaining venture that can...
TRANSCRIPT
Our Big Idea
@TangoTab
TangoTab
Build a self-sustaining venture that can simultaneously address a critical business issue and solve a social problem
The Business IssueAmericans spent $660 billion in restaurants this year ($0.47 of every food dollar)
Yet...60% of restaurants fail by the 3rd year
@TangoTab
TangoTab
The most expensive seat is the EMPTY ONE
Why?
The SolutionTangoTab is a mobile app that
provides a real-time, yield management solution that fills restaurants empty seats, when
they need it, risk-free.
Every time you dine using an offer, TangoTab donates a meal
to feed a person in need.
@TangoTab
TangoTab
Why Restaurants Love It
@TangoTab
TangoTab
Restaurants have controlOffer, quantity, date & time, and locations
Immediate revenueConsumers pay restaurants directly
Risk freePays small flat fee when consumers redeem
Easy To ImplementNo contract and no integration required
Regular Local ExposureFree geo‐targeted marketing