Verb Technology Company Inc (VERB)

[TheLordsWrathV]

#BonusLie The apps for MLM

So this one involves math, just letting the 3000% increase people know this one might be hard (that is what ...).

You can go and look for a lot of the SoundConcepts applications on the app stores, is easy you just search by publisher, and there are a lot.

And yes many of them have 10K+, and even 50K+ downloads, that is impressive. But if you go to the ones not tied to MLM they have around less than 200 downloads, must have under 100.

Whats the difference?

That is why detailed numbers are important, because yes most people joining an MLM will download the app, probably part of the introduction instructions, but that doesn't mean they will pay or use it.

And that is why Verb will never give usage statistics with actual numbers.

Maybe that is why they need to keep adding customers week by week, because the bulk of the revenue is coming from set up and on-boarding fees. After all that is how MLM work, they need to keep bringing new people, because they loose a lot of people every week.

This is not a business model, is just a creative way to play with numbers.

As always from what I know and in my opinion.


Today we will hear about all new customers, and how we are getting new clients everyday, but nothing on actual numbers on retention rate, repeat customers and subscriptions.