Verb Technology Company Inc (VERB)

[dukeb]

There are issues that go beyond the Market livestream schedule.

I don't think Rory has ever explained how Verb is going to monetize the TikTok relationship or any other seller. As I'm sure you've seen on the "other site" there are new vendors signing up for Market, but so what?

Every one of those sellers has their own web site. Other than some theoretical initial exposure (a joke unto itself because no one knows about Market) the fulfillment for many of those sellers is being done themselves. One of the new sellers is a doggy treats bakery. I'm sure they ship that stuff directly...Verb ain't warehousing freshly baked doggy treats.

And I'm sure the seller has some sort of auto-ship program on their own web site.

So as unlikely as it may be, let's say someone sees doggy treats for sale on Market and they (super unlikely) place an order through Market (vs. going directly to the bakery's web site). That order is being fulfilled by the bakery and Verb gets...30%? You know that the bakery is going to do everything possible to get that customer to buy direct for future orders. The bakery can sign up the customer for auto-ship and there is no fee paid to Verb.

The entire business model is poorly conceived and lacks common sense.