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Verb Technology is about to launch the long awaited VerbGO & VerbLIVE with Major Cloud Partners!
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What does this mean for Verb?
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For over a year Verb has been focused on a business building app for the Direct Sales industry and developing new products and features to offer everyone a complete line of business solutions for marketing and sales, but up until now it's been limited to mobile users on Verb's platform. Once the new platform is integrated into cloud partners like Microsoft's systems, it will finally give all marketers access using any device, multiplying user access on a global scale and marking the expansion into the Live Streaming markets!
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81% of CRM users are now operating CRM software from multiple devices.
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VERB Has Secured Financing to Launch a Full Suite of Interactive Marketing & Sales Tools With Cloud Partners
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There are many catalysts that will launch Verb much higher both short and long term, but with the recent infusion of $13.8 million dollars (12.3 m net), the five listed below will all be huge factors in very short order.
"We intend to use the net proceeds from this offering to fund market awareness campaigns for our existing and forthcoming products, such as verbLIVE, and for general corporate purposes, including working capital." Verb's progress in building a host of innovative marketing applications, partnerships, a top notch management team and board members are all compelling catalysts, but that's only part of the story. |
CAT - 1: Improved Platform - Decrease Client Back-Log & Expedite Revenue Growth
"Once a new contract is executed, it takes approximately 70 to 90 days “and sometimes more” to launch a new client's application and begin recognizing the recurring revenue". This is creating a large backlog for Verb's growing list of white labeled apps and features, but that's about to change ahead of the imminent global launch and media campaign. You can compare all the bill-boards welcoming new clients to the list of new clients Verb has been able to PR here.
Results from the last five quarters show consistant increases in SaaS revenue despite being restrained by the onboarding process.
"I am very pleased to provide preliminary results for our second quarter financial performance. We believe this was a record breaking quarter for Verb across almost all revenue sources and is particularly meaningful as we achieved these results during a very difficult time in the economy at large due to COVID-19, stated VERB CEO, Rory J. Cutaia. “This quarter also represents the highest number of new enterprise clients we signed during a quarter in the Company’s history. Notably, due to COVID-related social distancing, these results were achieved by our teams working remotely using our own technology – we call it ‘eating our own chili’”.
Results from the last five quarters show consistant increases in SaaS revenue despite being restrained by the onboarding process.
"I am very pleased to provide preliminary results for our second quarter financial performance. We believe this was a record breaking quarter for Verb across almost all revenue sources and is particularly meaningful as we achieved these results during a very difficult time in the economy at large due to COVID-19, stated VERB CEO, Rory J. Cutaia. “This quarter also represents the highest number of new enterprise clients we signed during a quarter in the Company’s history. Notably, due to COVID-related social distancing, these results were achieved by our teams working remotely using our own technology – we call it ‘eating our own chili’”.
CAT - 2: Cloud Partner Integrations, Products Launch & Media Campaign
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The imminent launch of Verb's core package includes the integrations of verbCRM, verbLEARN and verbLIVE into popular CRM cloud partners that include Salesforce, Microsoft, Oracle/NetSuite, and Adobe/Marketo, putting Verb "front & center" for Marketing, Live Webinars and Video Conferencing in some of the largest and fastest growing markets.
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"However, we currently intend to use the net proceeds to us from this offering primarily for broad-based market awareness of our existing and
forthcoming products, including verbLIVE, and for general corporate purposes, including working capital, research and development, and capital expenditures".
forthcoming products, including verbLIVE, and for general corporate purposes, including working capital, research and development, and capital expenditures".
CAT - 3: Verb's Core Markets are
Customer Relationship Management (CRM) and Livestream Broadcast
Customer Relationship Management (CRM) and Livestream Broadcast
VerbCRM
VerbLIVE
In 2018 the predicted market for Live Streaming was MASSIVE at over 70 billion dollars by next year.
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CAT - 4: Now Enter eCommerce Livestream Shopping
For the last couple of years China has been leading the world in Livestream Shopping.
Sales From Live Stream Shopping in China Grew From $1 Billion in 2016 to $63 Billion in 2019
Sales From Live Stream Shopping in China Grew From $1 Billion in 2016 to $63 Billion in 2019
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Now that Covid-19 has created a global pandemic, many entrepreneurs, small businesses and large enterprises are forced to shift to e-commerce solutions to satisfy safe distancing requirements for both consumers and businesses. Suddenly, Live Stream Shopping is creating hypergrowth in the sector and the long term outlook is very good!
Livestream Shopping is a recent phenomenon that has quickly become a major component of livestreaming as a business tool and sets up a particularly interesting opportunity for Verb.
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As an e-commerce solution, the combination of Verb's unique interactive links, analytics, back office
integrations and partnership with Shopify will makes VerbLIVE the most powerful sales tool available today.
integrations and partnership with Shopify will makes VerbLIVE the most powerful sales tool available today.
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CAT - 5: Todays Big Tech Issues & Market Competition
Big Tech has serious issues that are forcing individuals and businesses alike to seek alternative platforms
that appeal to everyone, doesn't censure content, isn't politically biased, doesn't abuse your personal data,
provides security and most of all, allows you to grow and control your audience on your terms.
that appeal to everyone, doesn't censure content, isn't politically biased, doesn't abuse your personal data,
provides security and most of all, allows you to grow and control your audience on your terms.
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It's painfully obvious that most growing businesses want to remain politically neutral in order to appeal to the largest audience possible. It's hard enough to target your particular demographic, but politically or not, if your platform is running users away, it could reduce your potential audience dramatically.
While many platforms offer a compelling platform for small businesses and entreprenuers, many conservatives are looking for alternative platforms due to political bias. |
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People put YEARS into building a business that depends on the internet, do you TRUST your primary platform?
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ONLINE PRIVACY: IT DOESN’T EXIST: Privacy and what we can do about it
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Bots, Trolls, Algorithms, Data, Shadowbanning, Security.
If your business depends on one social platform as it's primary source to attract customers and generate revenue, does it run the risk of suspension or deletion? Believe it or not, it's happening all the time. Even a simple retweet could put your business in jeopardy. The political world is upside down with fact checkers and things seem to be getting worse every day.
Facebook has a problem with the way they use your personal data, another concern that isn't restricted to just conservatives. Consumer trust should be their highest priority, but sharing user data is another issue of concern.
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Cyber Security is a big problem too, but Verb has your back!
Security issues are problematic for big tech and many platforms are facing government regulation to curb potential abuse including Amazon, Apple, Twitch, Google, Youtube, Twitter and Facebook, and Facebook could be the biggest loser of all. While they offer a compelling platform for small businesses, entreprenuers, and have a huge user base for Direct Sales and live streaming, they have other issues too. Verb has targeted the direct sales industry to help build their businesses utilizing multiple channels that doesn't rely on just one platform to engage customers and offer better security and back offices, even for live streaming.
Have you heard about Zoom? they have their share of issues too.
Live stream on Verb's secure platform with the ability to share links on the fly
with colleagues, associates, distributors, students and more. |
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Verb's Products are "SaaS" based and don't rely on your personal data for revenue,
nor does it depend on one social platform, solving almost all of these issues
as well as offering interactive sales tools and features no other platform can offer.
nor does it depend on one social platform, solving almost all of these issues
as well as offering interactive sales tools and features no other platform can offer.
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With Verb Live, you are your own Secure Broadcast Network
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Alternative Social Media Platforms
If you find that your platform uses algorithms, abuses your data, practices shadowbanning, or if you just want to connect with people that are tired of all the political noise, you may want to find an alternative platform for you business.
If you've built a huge following on Facebook it may not be a simple task, but if you are starting out new it's better to do some homework before jumping in bed with big tech. Here's some of the Best Social Network Alternatives To Facebook Parler as an alternative to Twitter. The platform hasn't been up as long and isn't as advanced as Twitter, but it allows users to be in total control of their audience and has simple rules for everyone with no bias regardless of party, and Video creaters should also take a look at Rumble, a great alternative to Youtube. |
Devin Nunes is a big advocate for free speech and uses both Parler and Rumble.
I firmly believe big tech will suffer greatly if they continue to censure content. Users are already leaving abusive platforms and if President Trump were to leave Twitter, most of his 84.4 million followers, will follow...
I firmly believe big tech will suffer greatly if they continue to censure content. Users are already leaving abusive platforms and if President Trump were to leave Twitter, most of his 84.4 million followers, will follow...
CAT - 6, 7, 8, 9??? Yes, there are others already in the pipeline, Big Ones!
Even though Verb has already launched the LEARN application for direct Sales, I'm not including eLearning just yet.
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I'm hoping for another update soon to find out exactly where Verb is with the joint learning app with Salesforce. I do know that Verb had around a hundred school districts testing the app and one deal has been done even though there hasn't been an official launch for the latest version.
The E-Learning Market is poised to grow at a CAGR of around 7.2% over the next eight years. People are foregoing traditional methods of learning due to the benefits of e-learning, which includes convenience and cost savings. Organizations are realizing the same and opting for e-learning initiatives instead of live training events. To give you an idea of the growth that has been occurring, back in 2010 the market size was roughly $32 billion. Not too bad in its own right. However, by 2015 that soared to roughly $107 billion. |
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Tele-Health
With the completion of VerbLIVE and clinical trials announced for taggMED last year, Tele-Health is high on Verb's list. It includes several possible verticals including Medical, Pharmaceutical, as well as an app for the pharmacuetical industry and one for doctors out-patient use.
Board Members - Verb Direct - Enterprise Clients - SEC Filings - Testimonials - Markets - Progress Reports
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Investor Relations Contact:
Matt Glover and Tom Colton Gateway Investor Relations 949.574.3860 VERB@gatewayir.com |
Interactive Video Marketing
Follow us on Twitter for the latest developments on Verb's applications @InteractiveVid2 |
Disclaimer
The owner of this site owns stock in Verb Technology Company Inc. and strongly encourages verification of all claims before investing.