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Tuesday, February 26, 2019 12:22:18 PM
Many do it as a primary living and many are beginning to do it as a secondary source of income.
$9.99 per month is the price of the Planet Fitness membership that many have but rarely use. That same $9.99 could return many times that multiple with Tagg by VERB.
100,000,000 individuals selling in this vertical. 1% is 1,000,000 people at $9.99 + $19.99 Activation = $29,980,000 per month or $139,870,000 per annum. IMO penetration will be much higher because of Sound Concepts Bright Tools customer base is already 510,000 and 28 MLM’s who will want higher sales.
Key metrics being 100,000,000 people and $9.99 per month + $19.99 Initial Activation
- 1% penetration is $139,870,000 per year revenue
- 2% penetration is $279,740,000 per year revenue
- 3% penetration is $419,610,000 per year revenue
- 4% penetration is $559,480,000 per year revenue
This is just one vertical Rory and team VERB has in their arsenal. They already have over 550,000 subscribers.
Recent VERB News
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- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 06/12/2024 04:15:02 AM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/07/2024 09:26:17 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 05/31/2024 09:29:18 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:00:51 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 01:30:28 PM
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