Hey, an increase from 7k to 10k is more than 40%. You gonna sneeze at that?
I don't think the company has ever made it clear how they intend to bring in revenue from the latest PIVOT to TikTok Shop. The info that I've seen indicates they will be charging fees to prospective sellers on how to sell on video and by renting space at the two VERB studios. Are they also getting a percentage of each sale? How would that work??
Has VERB given up on the highly touted concept of drop shipping on behalf of sellers? That was a joke from the beginning; there is no way that VERB was going to keep all the magic potions and cheap-ass Chinese clothing in a warehouse and become a fulfillment company. Hell, Rory had a big deal about how being in the physical product business was a dead end, which is why he jettisoned that portion of the Sound Concepts business.
Then again, Rory said that sellers were going to be shutting down their own web sites and using market.live as their sole way to do business with customers. I don't think Rory could cite a single example where that happened. It's was just another lie.
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