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Verb LIVE: The "Must Have" Business Tool.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Demo Jam with McKinley starts @ 27.5 min.
With the growth trajectory this company is on, this stock is about to explode.
The company's on-boarding issues are solved with verbTeams, just as they're about to launch verbLIVE with Salesforce, the largest CRM cloud provider on the planet. This is a no-brainer for anyone. With TEAMS, LIVE and Salesforce in play, 1st Qtr SaaS revenue should prove impressive.
Six Catalysts for Hyper-Growth
Six Consecutive Quarters of SaaS Revenue Growth
VERB Reports Record-Breaking Digital Revenues in 2020 Third Quarter Financial Results
Added 16 new client contracts with a guaranteed base value of $834,000 and almost $500,000 in annual recurring revenue.
Six consecutive quarters of SaaS revenue growth.
Total SaaS recurring revenue (a component of total Digital revenue) was $1.5 million, an increase of 55% from the same period last year and increase of 16% from the prior quarter. SaaS recurring revenue as a percentage of total Digital revenue was 80%, compared with 66% for the same period last year
VerbCRM is completed and cloud Integrations have started.
The acquisition of SoloFire and it's 23,000 users, represents the Next Chapter in Verb's expansion into Health Care
VERB Acquires SoloFire, A Leading Platform for Healthcare Sales Enablement
Major Catalysts Are Aligning For The Perfect Storm
For over a year Verb has been focused on putting together a top notch Management Team and Board Members while creating a "business building" Sales Enablement platform to target Direct Sales and every other industry, but that's only part of the story.
. . . . . . . . . . . . . . . . . . . . . .
Verb Technology has begun integration of it's new platform "verbCRM" with major Cloud Partners to launch verbLIVE, verbLEARN and the long awaited core app for verbGO! The verbLIVE integration with Salesforce is complete and available now with an internal marketing campaign that started Oct 1st.
CRM Market share in 2019 - Microsoft is #2...
Oracle/NetSuite boasts a sales staff of over 2,000 people servicing millions of users, but they're only a fraction of the size of Salesforce. Launching with Salesforce first allows Verb to leverage the planet's largest cloud sales force to sell Verb's products to Salesforce's users. This is game changing and will catapult Verb's growth and continue each time a cloud partner integration is completed.
Up until now growth has been limited to a couple of mobile apps, a time consuming onboarding process and a tight budget, but with the recent infusion of $13.8 million dollars, (12.3 m net) the catalysts below will all become huge factors in short order.
CAT - 1: Improved Platform - Decrease Client Back-Log & Expedite Revenue Growth
CAT - 2: Cloud Partner Integrations, Products Launch & Media Campaign
CAT - 3: Verb's Core Markets: Customer Relationship Management (CRM) and Livestream Broadcast
CAT - 4: E-Commerce Livestream Shopping
CAT - 5: New Market Acquisitions
CAT - 6: Market Competition & Platform Security
Six Catalysts for Hyper-Growth
Will Verb be the Next SaaS Darling?
With Cash On Hand, Verb Technology Is Off To The Races
Summary
Verb completed a public offering with full over-allotment.
Verb SaaS products are gaining popularity.
New products are being launched to monetize the user base.
Management has a history of driving success.
In this article, I will explain how Verb Technology (NASDAQ:VERB) could be the next big SaaS (software-as-a-service) success story. While it is difficult to predict how successful Verb could be, the stock appears ready for an inflection point as the company recently raised cash and Verb's users are increasing on a monthly basis. On July 24, 2020, Verb Technology raised $13.8 million in proceeds from a recent stock offering (with full exercise of over-allotment option) to flush itself with cash and potentially negate the need to ever raise cash again.
Verb, formerly known as nFusz before its IPO in May 2019, is the rapidly emerging leader in interactive video-based CRM sales and marketing applications. The company uses proprietary, cloud-based, patent-pending SaaS platform technology to provide users with real-time, measurable results on desktop or mobile devices for individuals or enterprises. Impressively, some customers report greater than 600% and even up to 1100% increases in sales conversion rates, as well as 3300% increases in retention rates. Essentially, Verb recently launched one the most effective, easy to use, and affordable CRM sales tool available in the market today.
With the IPO of Zoom (ZM) in April 2019 at a valuation of $9.2 billion, and its subsequent rise to a valuation over $70 billion, investors should be looking for similar promising and forward-thinking SaaS technology companies. After all, the SaaS darling Salesforce (CRM) IPO'd 16 years ago at the equivalent of $3.95 today, and was valued at around $1.1 billion. Now the company is worth ~$173 billion and the stock has appreciated about 50x. With disruptive technology that is being rapidly adopted, Verb Technology, with a current market cap of around ~$45 million, has the reason and the room to run and be the next SaaS darling.
Spotlight on Verb and Its Products
Verb has created a unique sales tool - a modern, new-age CRM - that allows even untrained or unskilled salespeople to sell effectively. This is primarily done through interactive video, in which sales communication takes place primarily through video with clickable links, minimizing cumbersome follow-up and allowing for spontaneous purchases to take place. In fact, in a case they performed, clients saw conversion rates increase 1200% over not text, but normal video. These capabilities and other aspects of Verb's innovations either have been patented or are patent pending. Thus, it is not outlandish to forecast that Verb could be the next big SaaS success. Verb's technological capabilities include:
Samples
Social campaigns
CRM (customer relationship management)
Automated follow-up
Activity feed
Promotions
Centralized content
LMS (learning management system)
Surveys
Interactive video
Enroll/buy links
Data analytics
These various capabilities are accomplished through Verb's main software offerings (video/demos linked): VERB LIVE, VERB CRM, and VERB LEARN. Verb CRM incorporates most of the basic capabilities outlined above as well as the interactive videos with clickable links, which increase conversion rates substantially. Verb LEARN is the LMS system. Verb LIVE is particularly interesting, as it:
"builds on popular video-based platforms such as Facebook Live, Zoom, WebEx, and GoToMeeting among others by adding VERB's proprietary interactive in-video e-commerce capabilities, including an in-video Shopify shopping cart, integrated for Shopify account holders to our own live stream video broadcasting application. VERB LIVE is a next generation webinar platform that allows webinar hosts to utilize a variety of novel sales driving features, including placing interactive icons on screen that appear on the screens of all viewers providing in-video, click to purchase, impulse buy capabilities for products and services featured in the live video broadcast in real time, driving friction free selling." (Rory Cutaia, Q1 2020 Earnings Call)
Thus, for certain purposes such as webinars that might lead to impulse buying, Verb LIVE seems to be superior to both Shopify (SHOP) and Zoom where it can provide selling capabilities during webinars.
In addition to these capabilities and products, Verb has set up its own in-app app store for other product offerings, future offerings, and third-party developed software similar to Salesforce's third party software and Apple's (OTC:APPL) app store. This provides for the formation of a strong network effect, serving as a potential future competitive moat as it is easier for third party developers to make money by developing applications for Verb than making standalone products. This Verb App Store was recently launched and could be a substantial driver for additional revenue for Verb. According to CEO Rory Cutaia on the Q1 earnings call:
"Some of you longstanding stockholders may recall some early talk about the development of our own ecosystem, or App Store, essentially a tab in our app through which users could subscribe for complementary apps or upgraded features and functionality. The purpose was to generate greater revenue per user from our existing user base, which has grown considerably over this past year. Well, in order to execute that strategy, we needed to develop and deploy in-app purchase capability for each user. I'm proud to say that we've now finished that development and we are currently executing agreements with other app developers, who will market their application to our users directly through our app on a revenue share basis with us, not unlike what Apple and Salesforce do. [...] Taking that a step further, we are releasing an open API that will allow third-party developers to develop applications, features and functionality that will integrate seamlessly into our platform that they will market directly to our users to our app, also on a revenue share basis. And because we now have such a large number of users who have downloaded our application, we have become an attractive and easily addressable market for third-party developers. And that is all very high margin, virtually no cost revenue for us."
Even though Verb can be compared and contrasted with leading SaaS companies such as Salesforce, Verb isn't necessarily going head-to-head with established CRM leaders. Recently, Verb announced its product integration with Salesforce. Verb is working with, instead of competing directly against, industry titans such as Salesforce, Marketo (ADBE), Oracle (ORCL), and Microsoft (MSFT). With little holding Verb back from success and massive adoption of their technology, investors should at least have Verb on their radar as the Verb products become mainstream. Successful SaaS businesses are rewarded with high revenue multiples as they have high margins, recurring revenues, and a moat due to high switching costs. By not directly competing-rather, collaborating-with existing CRMs, Verb is taking the path of least resistance to market adoption with its products' various iterations and forms.
The Opportunity
Verb IPO'd last year with the intention of raising smaller sums of money at higher valuations as they made progress towards a strong product launch. However, this strategy failed as short sellers took advantage of their somewhat lean balance sheet along with smaller amounts of revenues to boast of. The short sellers therefore sniffed out financings, driving subsequent secondary offerings towards a lower valuation, diluting shareholders. However, it now looks like Verb raised a more substantial amount of cash and quite possibly will never need to raise money again due to the strong growth and adoption of Verb products.
Management
Verb has a well qualified board of directors as well as a seasoned management team. CEO Rory Cutaia founded and led Telx, a data center solution provider, which was eventually sold for $1.9 billion to Digital Realty. Early investors made 18x returns in 6 years when Telx was sold for the first time for over $200 million. A recent impressive addition was made to the board: Nancy Heinen, a key member of Steve Jobs' executive team who turned around Apple when it was still a struggling business.
Valuation
While it's a bit difficult to extrapolate revenues since the launch curve is just beginning, it helps to look at comparisons for valuation as well as the business' momentum.
Currently, Verb is adding north of 20,000 users per week, large enterprise clients about every week, and currently has about 1.5 million users on the platform. One thing is clear-downloads and adoption should continue; customers love the Verb apps.
As such, the key metrics to watch are total downloads, new enterprise clients, and the key new to look out for are completed integrations with existing CRM leaders, new product launches, and any other developments that would allow Verb to monetize the existing user base. As is known with all digital social media and SaaS platform technologies, user base growth and user satisfaction is key to becoming a big hit and a ubiquitous technology that can bring in lots of revenue. That being said, how can Verb's revenues be forecast?
Aside from the quarterly recurring revenue from new client contracts stalling out temporarily (momentum has already resumed) during COVID-19, Verb has clear and strong growth in quarterly revenues and user downloads.
One might assume quite conservatively that Verb can generate about $1/month for the average user. Although the current user revenue appears to be about $1/user*quarter, current enterprises had capped rates that are starting to be surpassed due to added numbers of users per client, and app add-ons and other capabilities are expected to increase revenue per user, so these numbers are artificially low.
Using a forward-looking 2 million users for the end of the year and $12/year*user, Verb could be bringing in $24 million annualized SaaS high-margin revenue by the beginning of next year. According to Verb's July 7, 2020, S1 Form, the company has 55,245,968 fully diluted shares outstanding. Accounting for future employee incentive programs, one might assume 60 million shares fully diluted.
Using a price per sales ratio of 5x, even though 10x might be more appropriate given Salesforce's P/S ratio and Verb is in the early stages of launch, Verb shares could be worth $2 by the end of the year. In a more optimistic scenario, 2.5 million users could bring in $3/mo and a 10x P/S could be used, in which case the shares could trade around $15. Verb's near-term execution and product adoption will be key in assessing the potential value of VERB shares.
Risks
As referenced in Verb's 2019 10-K, competition might independently develop software that is not covered by Verb's patents that nonetheless competes with Verb's interactive video technology. Also, Verb's intellectual property could be infringed on in foreign countries where laws or government may not uphold patent rights. This could be very detrimental to Verb's business.
Additionally, Verb's product adoption could stall out and fail to be monetized as expected. Since Verb is a small company with a speculative product, failure to ramp up revenues to cover expenses will likely result in substantial dilution to shareholders and a substantial decline in share price.
Conclusion
Verb seems to be on track for successful growth, as evidenced by recent accomplishments such as the launch of Verb LIVE, the App Store, new Japanese operations, and integration with Salesforce software. In fact, employees seem to have an optimistic view of the company's trajectory and shares. In light of COVID-19, Verb introduced pay cuts in exchange for shares so that the company could conserve cash. It is not so common to see employees of a company bullish on their own company. Surprisingly, these pay cuts were extremely well received, according to CEO Rory Cutaia on the Q1 Earnings Call:
"To my great surprise, the pay cut per shares plan was so well received. Not only did every person in the company participate in the plan, but many employees asked if they could take steeper pay cuts in order to get more shares. Believe it or not, many employees asked to take 40%, 50%, 80% even a 100% pay cut in exchange for VERB shares during the three months of the plan. Well I believe the maximum pay cuts we allowed were 74.5% exchange for the shares. This increased the savings expected to generate from this part of the plan from approximately 360,000 to well over 600,000. I have to say that I was extremely humbled by the showing of confidence in the company by the very people who have the greatest visibility into the company, including into our products and operations and I honestly couldn't be more proud. Above everything else I've shared with you today that speaks more about this company than anything I could possibly say."
This has the potential to be the next big SaaS story.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.
Who is Ari Zoldan?
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mr. Zoldan was reporting on E-Commerce over two years ago
That's a tired argument. Stocks always run too high then too low, especially on the OTC.
LOL, right... I'll give you that there were those with doubts. Making accusations and discounting a "supreme" standing is just silly. There are always those that pick an argument as to how important some things are, but they are often exaggerated.
I don't think any long saw what was coming with Oracle, not even Rory.
His business experience and track record is what made me dig deeper into what they were doing.
What they are doing, who they are and what they've done since Oracle cannot be denied and is impressive. As long as you can learn from mistakes and move forward, there's no reason to give up on an opportunity like Verb.
I believe Rory has the tenacity to make Verb a truly great company and especially at this point in time am happy to average down, or go all in. Either way it'll be my decision...
It Ain't Rocket Science . . . $Verb is going up . . . . . WAY UP!
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . Verb has some really good tech, but some people don't get it.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . But this Rocket does...
. . . . . . . . . . . . . . . . . . . . .
. . . . . . Rory said they would acquire and merge with Sound Concepts, and up-list to NASDAQ. . . Check!
. . . . . . . . . . . . . . . He said they would merge the platforms and kill the Direct Selling industry. . . Check!
. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . Now those Enterprise Clients just can't get enough. .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . The early days of when Verb was trying to land their first major contract seem kinda silly now huh?
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . Yet the innovation deniers still don't get it, at least that's what they say...
. . . . . . . . . . . . . . . . . . . . . .
The company had already developed an interactive LIVE app for use on Facebook's platform, but Facebook refused to allow it, so Rory said they would fix the LIVE app so they wouldn't need Facebook in order to penetrate the massive Live Streaming Market, but they went much, much further! Check!
. . . . . . . . . . . . . . . . . . . . . . The Live Streaming Market for Conference Calls, Webinars and other Live services is already huge,
Even with a market size of 70.5 Billion, this does not adequately address the increased impact that Verb's live shopping & sales tools will offer.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . They not only FIXED the LIVE app, they made sure it was highly secure!
. . . . . . . . . . . . . . . . . . . . . . Chad Thomas: Chief Technology Officer says verbLIVE has Zero Visibility
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . How strong is 256-bit Encryption?
. . . . . . . . . . . . . . . . . . . . . . Make no mistake, verbLIVE is a BUSINESS tool.
Social media is fine for many activities, but when conducting serious business such as
education, corporate webinars or offering products for sale, privacy and security become critical.
VerbLIVE is a complete and SECURE Webinar platform as well as a LIVE Shopping eCommerce platform connected to back offices AND a CRM.
. . . . . . . . . . . . . . . . . . . . . . Don't yet know the market for a LIVE SHOPPING app?
. . . . . . . . . . . . . . . . . . . . . . Here's a hint.
So why did you wait until it reached it's highest point before going all in? I really don't see how you can blame anyone for that.
And as far as I know the Oracle contract is still a go, but it's not too smart to re-integrate with them for the new launch when you have a much bigger partnership with Salesforce.
Verb LIVE: The "Must Have" Business Tool.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Demo Jam with McKinley starts @ 27.5 min.
If you think Rory has screwed you, no one will change your mind. But all the hype right now is based on the LIVE app which is 10 times more powerful than interactive video. In other words, I wouldn't wait to make an "investment" at the height of the next run-up.
Yep, EVERYTHING about Verb is Game Changing!
Please share the name of another live streaming platform that lets you leverage another influencers' network in this way, I would love to know.
LMAO... Rory said the link was temporary smh
It Ain't Rocket Science . . . $Verb is going up . . . . . WAY UP!
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . Verb has some really good tech, but some people don't get it.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . But this Rocket does...
. . . . . . . . . . . . . . . . . . . . .
. . . . . . Rory said they would acquire and merge with Sound Concepts, and up-list to NASDAQ. . . Check!
. . . . . . . . . . . . . He said they would merge the platforms and kill the Direct Selling industry. . . Check!
. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . Now those Enterprise Clients just can't get enough. .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . The early days of when Verb was trying to land their first major contract seem kinda silly now huh?
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . Yet the innovation deniers still don't get it, at least that's what they say...
. . . . . . . . . . . . . . . . . . . . . .
The company had already developed an interactive LIVE app for use on Facebook's platform, but Facebook refused to allow it, so Rory said they would fix the LIVE app so they wouldn't need Facebook in order to penetrate the massive Live Streaming Market, but they went much, much further! Check!
. . . . . . . . . . . . . . . . . . . . . . The Live Streaming Market for Conference Calls, Webinars and other Live services is already huge,
Even with a market size of 70.5 Billion, this does not adequately address the increased impact that Verb's live shopping & sales tools will offer.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . They not only FIXED the LIVE app, they made sure it was highly secure!
. . . . . . . . . . . . . . . . . . . . . . Chad Thomas: Chief Technology Officer says verbLIVE has Zero Visibility
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . How strong is 256-bit Encryption?
. . . . . . . . . . . . . . . . . . . . . . Make no mistake, verbLIVE is a BUSINESS tool.
Social media is fine for many activities, but when conducting serious business such as
education, corporate webinars or offering products for sale, privacy and security become critical.
VerbLIVE is a complete and SECURE Webinar platform as well as a LIVE Shopping eCommerce platform connected to back offices AND a CRM.
. . . . . . . . . . . . . . . . . . . . . . Don't yet know the market for a LIVE SHOPPING app?
. . . . . . . . . . . . . . . . . . . . . . Here's a hint.
VerbLIVE's Attribution Feature is going to be a killer feature on top of the already killer live app.
"The Attribution Feature is another industry first, an amazing verbLIVE feature we’ve kept under wraps until now. I call it one of the hyper-growth initiatives for Verb, and I credit our own McKinley Oswald with the original idea."
So how does it work? Suppose you wanted to host a verbLIVE event to promote and sell a new book, but your list of contacts and social media following isn’t that big? With the attribution feature, you can offer someone that does have a big list or following, and say, “Hey, I don’t really have a big following, so if you'll share my verbLIVE event with your contacts or followers, I’ll pay you a percentage of each book they buy through my verbLIVE event!”
So, if you know a few big-name influencers with massive followings, you could leverage their networks to help sell your books!
Now, think about it in the context of direct sales companies. So, I’ll host an event and get members of my team to invite their prospects to watch it, and my team members get credit for every sale to their prospects that they invited to my event, right? Powerful.
You can expect to see this in Q1, and because Verb already has a massive built-in audience for it, we think this can be big, right out of the gate in direct sales, and just think about the implications of this feature outside of direct sales. Think about how that could drive adoption and subscriptions for verbLIVE.
We Have Another One! . . .
Join us in welcoming Shaklee to the growing roster of Verb clients.
[
And the hits keep coming!
Maybe because they were all on whatever webinar platform Salesforce is using.
verbLIVE has screen sharing.
It Ain't Rocket Science . . . $Verb is going up . . . . . WAY UP!
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . Verb has some really good tech, but some people don't get it.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . But this Rocket does...
. . . . . . . . . . . . . . . . . . . . .
. . . . . . Rory said they would acquire and merge with Sound Concepts, and up-list to NASDAQ. . . Check!
. . . . . . . . . . . . . He said they would merge the platforms and kill the Direct Selling industry. . . Check!
. . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . Now those Enterprise Clients just can't get enough. .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . The early days of when Verb was trying to land their first major contract seem kinda silly now huh?
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . Yet the innovation deniers still don't get it, at least that's what they say...
. . . . . . . . . . . . . . . . . . . . . .
The company had already developed an interactive LIVE app for use on Facebook's platform, but they refused to allow it, so Rory said they would fix the LIVE app so they wouldn't need Facebook in order to penetrate the massive Live Streaming Market, but they went much, much further! Check!
. . . . . . . . . . . . . . . . . . . . . . The Live Streaming Market for Conference Calls, Webinars and other Live services is already huge,
Even with a market size of 70.5 Billion, this does not adequately address the increased impact that Verb's live shopping & sales tools will offer.
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . They not only FIXED the LIVE app, they made sure it was highly secure!
. . . . . . . . . . . . . . . . . . . . . . Chad Thomas: Chief Technology Officer says Verb LIVE has Zero Visibility
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . How strong is 256-bit Encryption?
. . . . . . . . . . . . . . . . . . . . . . Make no mistake, Verb LIVE is a BUSINESS tool.
Social media is fine for many activities, but when conducting serious business such as
education, corporate webinars or offering products for sale, privacy and security become critical.
Verb LIVE is a complete and SECURE Webinar platform as well as a LIVE Shopping platform connected to back offices AND a CRM.
. . . . . . . . . . . . . . . . . . . . . . Then they added the SHOPPING mode along with screen sharing and chat!
. . . . . . . . . . . . . . . . . . . . . . Don't yet know the market for a LIVE SHOPPING app?
. . . . . . . . . . . . . . . . . . . . . . Here's a hint.
And THIS REPORT found that the $61 billion in transactions during 2019 are expected to DOUBLE this year to over 120 billion!
. . . . . . . . . . . . . . . . . . . . . . Rory is delivering on EVERYTHING he promised, and MORE!
They developed and launched a new Learning Management System "LEARN" to teach Influencers and recruit potential Influencers "customers" with access to company training on product details, methods and motivation.
They developed and are deploying the "Sampling" feature to drive more revenue. Sampling is just another feature that clients are adopting and deploying each time they hold an event, and some are now launching these tools through the Verb's Live app!
They have integrated with Back-Office providers and VerbCRM is GDPR compliant!
Verb is building a marketing platform for EVERY SECTOR.
Build your app with the tools YOU need.
Just choose your back-end providers
Just choose your features
Would you like the "Learning Management System" for YOUR special training?
How bout SAMPLING???
Do you need it LIVE???
Some of the Big Cloud Users will begin migrating to the Verb cloud...
And Current Clients?
They are expanding into other markets like Canada, Australia and Hong Kong!
They are acquiring other companies, adding more distributors and more products.
VERB Begins Japan Operations as Part of International Expansion Plan Tapping into a Multi-Billion-Dollar Market Opportunity
Verb has grown to 185 employees, entered healthcare and about to announce a new division of the company
Verb is experiencing exponential growth right now, and the last step before the big launch of verbLIVE is to make sure the infrastructure will handle the traffic.
There are lots of articles similar to this on how popular live shopping is, but this one tells why.
‘Kim Kardashian sold 150,000 bottles of her KKW perfume in just a few minutes when it was featured on top live streamer Viya’s show last year on Tmall, the main rival to Taobao Live. An incredible 13 million viewers watched the event.
https://www.retailtechpodcast.com/research/shoppable-livestreaming-market-analysis
. . . And $VERB remains GROSSLY undervalued even as they report Record SaaS Revenue Growth for Six Consecutive Quarters.
. . . . . . . . . . . . . . . . . . . . . But now the market wants Hyper-growth? No problem!
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They are deploying Verb LIVE right now with the largest CRM providers Salesforce & Microsoft a favorite tool of the Direct Marketing industry giving influencers the ability to conduct live webinars with the flexibility to use the shopping mode!
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. . . . . . . . . . . . . . . . . . . . . This is the Verb's latest accomplishment
. . . . . . . . . . . . . . . . . . . . . Introducing Verb's New Platform "verbTEAMS", and it's available right now!
New features: Completely self-service model with self-signup - self-on-boarding - self-configuring - best-in-class content management system capabilities - great user level administrative capabilities - industry leading analytics in both mobile and desktop platforms that sync with one another - and a one click sync feature that syncs immediately with Salesforce.
With this architecture we can scale much more rapidly, laying the foundation for hyper-growth. This is NOT a slimmed down proof-of-concept beta version, this is the real deal!
. . . . . . . . . . . . . . . . . . . . . What about Competition???
. . . . . . . . . . . . . . . . . . . . . Verb's patents for adding links to video will last 20 years, what competition???
. . . . . . . . . . . . . . . . . . . . . Here's Six More Reasons why Verb Technology is about to EXPLODE!
. . . . . . . . . . . . . . . . . . . . . It's ALL right here
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. . . . . . . . . . . . . . . . . . . . . Verb is creating a Monster!
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Safety tip: When the market finally get's it, you might want to have some of these handy.
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We Have Another One! . . .
Join us in welcoming Shaklee to the growing roster of Verb clients
If you're in Utah County, be sure to look for our ever-changing billboards welcoming new clients to the platform!
The billboards are located throughout Utah County on the following highways: UC 20, UC 18, UC 13, UC 14, UC 01, SL 56, and SL 60.
Now that's weird isn't it?
Yeah, it's weird alright lol
Spam? Facebook? Are you serious?
Facebook will flag ANYTHING they don't like and Verb is a direct competitor, I would flag them too if Facebook was mine. Verb will take many of their users.
OK, I'll replace it just for you and we can be friends again
Here's a peace offering.
I'm happy for you, but she's the client that can't get enough.
I get big chuckle from the kid that keeps shooting himself. lol
It Ain't Rocket Science . . . $Verb is going up . . . . . WAY UP!
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. . . . . . . . . . . . . . . . . . . . . . $VERB is grossly undervalued
. . . . . . . . . . . . . . . . . . . . . . Verb Reports it's Sixth Consecutive Quarter of SaaS Revenue Growth
. . . . . . . . . . . . . . . . . . . . . But this Rocket knows!
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Rory said they are acquiring AND merging with Sound Concepts. . . Check!
We are up-listing to NASDAQ. . . Check!
We will merge the platforms and kill the Direct Selling industry. . . Check!
. . . . . . . . . . . . . . . . . . Now those Enterprise Clients just can't get enough. .
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. . . . . . . . . . . . The early days of when Verb was trying to land their first major contract seem kinda silly now huh?
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. . . . . . . . . . . . . . . . . But the innovation deniers will never get it, at least that's what they say...
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. . . . . . . . . . . . . . . . . . . . . . Rory said they would fix the LIVE app but they went much further. . . Check!
. . . . . . . . . . . . . . . . . . . . . . The Live Streaming Market for Conference Calls, Webinars and other Live services is already huge,
Even with a market size of 70.5 Billion, this does not adequately address the increased impact that Verb's live shopping & sales tools will offer.
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. . . . . . . . . . . . . . . . . . . . . . They not only FIXED the LIVE app, they made sure it was highly secure!
. . . . . . . . . . . . . . . . . . . . . . Chad Thomas: Chief Technology Officer says Verb LIVE has Zero Visibility
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. . . . . . . . . . . . . . . . . . . . . . How strong is 256-bit Encryption?
. . . . . . . . . . . . . . . . . . . . . . Make no mistake, Verb LIVE is a BUSINESS tool.
Social media is fine for many activities, but when conducting serious business such as
education, corporate webinars or offering products for sale, privacy and security become critical.
Verb LIVE is a complete and SECURE Webinar platform as well as a LIVE Shopping platform connected to back offices AND a CRM.
. . . . . . . . . . . . . . . . . . . . . . Then they added the SHOPPING mode along with screen sharing and chat!
. . . . . . . . . . . . . . . . . . . . . . Don't yet know the market for a LIVE SHOPPING app?
. . . . . . . . . . . . . . . . . . . . . . Here's a hint.
You completely avoid the main substance of what Rory has accomplished and pick out things to attack his character instead.
smh
I said I'm through, this conversation is pointless. Good luck
Those test results you "claim" were flawed, were actual results from several campaigns. All of them "documented". You can believe whatever you want, but I'm through trying to explain something you are hell bent on denying.
BS. How in the hell are you suppose to know how many more people were compelled by the interactivity? You've already dismissed test results.
LOL, Who said that? Please don't put words in my mouth.
You tell me how to show it. Like I said, you cannot prove the tech has nothing to do with the growth. The sales are GROWING! How else can you prove it? How do you separate it? If it's so simple, PLEASE TELL ME.
Have you seen any evidence that sales are not directly attributable to the interactivity in Verb's growth?
All I can say is that I think the evidence is overwhelming, but most here are only interested in the chart.