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dukeb

07/21/22 5:26 AM

#186845 RE: TenKay #186843

And Verb is also setting themselves up for failure with Market.

I looked at yesterday's 8k that listed the vendors who are scheduled to be part of next week's Shopfest. I randomly selected 5 or 6 vendors and went to those sellers' web sites. Out of the ones I picked, exactly ZERO mentioned Shopfest. Sellers don't want to drive customers to Market because they don't want to pay Market commissions on sales that they would have made anyway.

Vendors sign up for Shopfest in hopes that they will bring in incremental business as a shopper "discovers" the various products on the Market site. The fantasy that Rory put forward whereby sellers will abandon their own web sites and shift all of their eCommerce to Market is just bizarre.

Sellers will take the contact information of anyone who buys (or expresses product interest) on Market and will do everything possible to drive future purchases directly to their OWN web sites so they don't have to pay Market's commissions.

On top of that, no one has ever heard of Verb, Market or Shopfest except people who read Verb's PRs.