Welcome to our dedicated page for Verb Technology news (Ticker: VERBW), a resource for investors and traders seeking the latest updates and insights on Verb Technology stock.
About Verb Technology (NASDAQ: VERBW)
Verb Technology Company, Inc. (VERBW) is a pioneering force in the rapidly evolving domain of interactive video-based social commerce. Headquartered in Las Vegas, NV, the company operates at the forefront of the convergence between ecommerce and entertainment, redefining how brands, retailers, influencers, and creators engage with audiences and monetize their offerings. Verb’s innovative platforms, including MARKET.live and GO FUND YOURSELF!, are transforming the way businesses and individuals connect with customers and investors alike.
Core Business Areas
1. MARKET.live: MARKET.live is a cutting-edge, multi-vendor livestream shopping platform that seamlessly integrates ecommerce with entertainment. It empowers brands, retailers, and creators to host interactive shopping events that are broadcast simultaneously across multiple social media platforms, including TikTok, Instagram, Facebook, Pinterest, and YouTube. MARKET.live’s AI-driven technology enhances user engagement by offering personalized shopping experiences, friction-free checkout processes, and omnichannel distribution. The platform also enables brands to embed shoppable videos directly onto their websites, aggregating content from social media channels for a unified and immersive shopping experience.
2. GO FUND YOURSELF!: This revolutionary interactive crowdfunding platform combines the power of live television with ecommerce. Designed for public and private companies raising capital through Regulation CF and Regulation A offerings, GO FUND YOURSELF! allows viewers to invest in businesses or purchase products in real time through shoppable on-screen icons. The platform generates revenue through participation fees, sales commissions, and advertising partnerships, while offering unparalleled exposure for entrepreneurs and issuers.
3. Stealth Business Unit: Verb’s third business unit, currently operating in stealth mode, is poised to address a high-growth sector with significant revenue potential. Details remain under wraps as the company refines the user experience and scales operations.
Strategic Differentiators
Verb Technology stands out in the competitive landscape through its emphasis on innovation, adaptability, and strategic partnerships:
- AI-Powered Social Commerce: MARKET.live leverages advanced AI tools to automate content creation, optimize video commerce, and deliver personalized shopping experiences.
- Omnichannel Integration: The platform’s seamless integrations with TikTok Shop, Pinterest, Shopify, and Meta’s Facebook and Instagram provide brands with unparalleled reach and convenience.
- Livestream Shopping Expertise: By combining entertainment with ecommerce, Verb offers a unique value proposition that resonates with modern consumers seeking engaging and interactive shopping experiences.
- Diversified Revenue Streams: The company’s revenue model includes recurring service contracts, sales commissions, and advertising fees, ensuring financial stability and scalability.
Industry Context
Verb Technology operates in the burgeoning social commerce market, which is projected to exceed $1.29 trillion by 2028, growing at a compound annual growth rate (CAGR) of 13.7%. The company’s focus on livestream shopping and AI-driven solutions positions it as a key player in this high-growth sector, catering to the increasing demand for interactive and personalized online shopping experiences.
Competitive Landscape
Within the social commerce ecosystem, Verb competes with platforms like Amazon Live, TikTok Shop, and other livestream shopping services. However, its open marketplace model, AI-powered tools, and omnichannel capabilities provide significant differentiation, offering brands greater control over their audience, content, and conversions.
Conclusion
Verb Technology (VERBW) exemplifies innovation and adaptability in the dynamic social commerce landscape. Through MARKET.live and GO FUND YOURSELF!, the company is redefining how ecommerce, entertainment, and investment intersect, delivering value to brands, creators, and investors alike. With its strategic focus on AI-driven solutions and omnichannel integration, Verb is well-positioned to capitalize on the growing demand for interactive and immersive digital experiences.
Verb Technology Company (NASDAQ: VERB) has partnered with NewAge, Inc. to launch the NewAge Share app, which incorporates VERB's interactive video technology to enhance global sales productivity for up to 600,000 independent distributors in 75 countries. The app, featuring verbCRM and verbLEARN, aims to boost customer engagement through tailored content management and analytics. Livestreaming capabilities are expected to be added in September 2021, targeting international markets. This collaboration is anticipated to significantly improve sales conversion rates for NewAge's brand partners.
Verb Technology Company (Nasdaq: VERB) will host a fireside chat for investors on August 5, 2021, at 3:30 p.m. ET. This event is part of The Big Biz Show and will feature CEO Rory J. Cutaia, who will discuss the company's interactive livestream ecommerce platform, verbLIVE. During the event, up to 250 shareholders can submit questions in real-time. The broadcast will reach a wide audience via various national TV and radio stations, as well as VERB's YouTube channel starting August 6.
Verb Technology Company (Nasdaq: VERB) is set to enhance sales productivity with the introduction of its new feature called Pulse. Designed for its sales enablement platform verbCRM and verbTEAMS, Pulse utilizes AI to provide customer-specific prompts, reminders, and suggested actions. This feature aims to streamline the sales process, automate customer management, and improve engagement. Expected to launch in August 2021, Pulse follows the recent launch of the Attribution feature for verbLIVE, enhancing its interactive sales tools, making customer interactions more efficient.
SHOP LIVE, powered by verbLIVE, has been launched by Market America Worldwide and Verb Technology Company. This interactive livestream ecommerce platform allows UnFranchise Owners (UFOs) to broadcast live events to promote and sell products round the clock. The service enhances customer engagement through clickable links and real-time viewer analytics. It follows the recent global rollout of the UnFranchise Marketing App, offering essential tools for business growth. The initial deployment reached over 100,000 UFOs across North America, Europe, and Asia.
Verb Technology Company has launched verbMAIL, an interactive video tool integrated with Microsoft Outlook, now available to over one billion users via the Microsoft AppSource Store. Developed with Microsoft's U.S. Technical Team, this tool allows users to create and share interactive videos, featuring clickable buttons for purchasing and scheduling. The initial release is free for Outlook subscribers, with future enhanced versions planned for subscription. The company anticipates that verbMAIL will be a significant revenue driver, enhancing sales processes for businesses globally.
Verb Technology Company (NASDAQ: VERB) announced that CEO Rory J. Cutaia will present at the Access to Giving Virtual Investor Conference on July 14, 2021. The presentation will showcase verbMAIL, an interactive video sales technology integrated with Microsoft Outlook, which serves over one billion users. Cutaia will overview the company's products including verbCRM, verbLIVE, verbTEAMS, and verbLEARN. One-on-one meetings with management will also be available. The conference runs from July 13-15, 2021, focusing on charitable causes through investor donations.
Verb Technology Company (Nasdaq: VERB) is set to commercially release its interactive video sales technology integrated with Microsoft Outlook in mid-June, aiming to capture a wider audience among its billion-plus users. The Company reported a 38% year-over-year growth in SaaS recurring revenue for Q1 2021, highlighting a sequential growth of 12%. Additionally, a new affiliate marketing feature was added to verbLIVE, enhancing its livestream ecommerce capabilities. This strategic move positions VERB favorably to exploit growth opportunities in ecommerce.
Verb Technology Company (Nasdaq: VERB) reports significant growth and innovation, highlighted by a 38% increase in Q1 2021 SaaS recurring revenue year-over-year and a promising integration with Microsoft Outlook set to launch in mid-June. CEO Rory J. Cutaia is scheduled to present at the LD Micro Invitational XI from June 8-10, discussing the Company’s strategies and opportunities. Additionally, a new affiliate marketing feature, ATTRIBUTION, has been added to the verbLIVE app to enhance revenue generation.
Verb Technology Company (Nasdaq: VERB) announced its participation in the Sidoti & Company Virtual Microcap Conference, with CEO Rory J. Cutaia presenting today at 12:15 PM ET. The company recently reported a strong first quarter, exceeding management guidance, with a 38% increase in recurring revenue year-over-year. The demand for its verbLIVE products has contributed to the growth of its sales pipeline. Notably, user downloads surpassed 2 million as of May 11, 2021, and the integration with Microsoft Outlook is expected to drive further revenue.
Verb Technology Company (Nasdaq: VERB) reported its Q1 2021 results, showing strong growth in SaaS recurring revenue, up 38% year-over-year and 12% sequentially, totaling $1.5 million. Total digital revenue increased 24% year-over-year to approximately $1.8 million. The company raised $15 million through a direct offering in March 2021 and is nearing the commercial release of Microsoft Outlook integration. New product verbTEAMS was launched, and user downloads surpassed 2 million, reflecting a 47% increase year-over-year.
FAQ
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