VERB to Offer Its Livestream eCommerce App Free to All Small Businesses in the U.S. Affected by the Pandemic
February 24 2021 - 9:32AM
VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), a rapidly emerging market leader in business-focused
interactive video sales and marketing tools, including livestream
ecommerce, CRM, and content management applications, today
announced that it is offering its LIVE STREAM ECOMMERCE technology
to small businesses all over the country for free to help navigate
the challenges the pandemic has created. Through their verbTEAMS
app, users can create their own QVC and Home Shopping Network-style
live broadcasts showcasing and promoting their products or services
with one big difference - viewers can actually click right in the
livestream video broadcast and purchase in real-time. It also has
an on-screen real-time interactive chat feature that produces a
true social experience allowing viewers to ask questions of the
host as well as chat with one another during the live broadcast.
It’s as close as you can get to an actual in-store buying
experience, and in many ways better, more engaging and more fun.
Think Zoom and Shopify combined with your favorite live chat
feature.
The verbTEAMS app with verbLIVE, its interactive
livestream feature, is particularly effective for Shopify users as
well as eBay and Etsy sellers. For Salesforce users, the app also
has a special one-click Salesforce app synchronization. In an
effort to help small businesses recover, and in many cases survive
the effects of the pandemic, VERB is offering its app for free for
30 days to all small businesses in the U.S. The free offer is
effective immediately and interested users can sign up here.
Available in mobile and desktop versions, the
VERB app is easy-to-use and allows businesses and entrepreneurs to
engage directly with customers during livestream sessions through
clickable in-video icons to buy, receive additional product
information, set up appointments, and other customizable
interactive features, while offering real-time viewer interaction
analytics to drive sales conversion rates in a friction-free sales
setting.
In addition to the free use of verbTEAMS, VERB
is offering free biweekly training and business seminars to help
businesses with onboarding, understanding and using the app’s
powerful and innovative features, managing content and contacts,
leveraging content analytics as well as viewer engagement
analytics, and featuring entrepreneur showcases and success
stories, among other supportive initiatives. To register for these
events, please click here.
“We expect livestream direct selling, already a
massively successful and lucrative new channel in Asia, to grow in
popularity in the U.S. as the paradigm shift continues and as
businesses adapt to rapidly changing shopping trends and consumer
behavior. We believe that we are best-positioned to help small
businesses and entrepreneurs in this remote work environment by
equipping them with the tools and support that can take customer
engagement to new levels of sales productivity at a time when our
Country’s small businesses need it most,” said Nick Hoggan, VERB
Chief Revenue Officer.
“Entrepreneurs and small businesses are the
backbone of our economy,” said Rory J. Cutaia, CEO of VERB. “We
need to stop looking to our government for assistance. It’s time
for the private sector to step up, to come together, combine our
know how, combine our resources and help each other, and in so
doing, help our friends, our families, our neighbors and the rest
of our country. Ingenuity was born here, it lives here and it still
thrives here. We’re proud to be among the many companies who have
embraced this philosophy and decided to act, who know they can make
a difference and have decided to do so. If we can inspire others to
join us, we’ll get through this and we’ll all be the better and
stronger for it.”
About VERBVERB Technology
Company, Inc. (Nasdaq: VERB) is rapidly emerging as the market
leader in business-focused interactive video sales and marketing
tools, including livestream ecommerce, CRM, and content management
applications. With offices in California and Utah, USA, VERB
provides next-generation software applications to sales-based
organizations in more than 60 countries and 48 languages.
The Company’s proprietary, patented, and patent-pending
technology platform produces real-time, measurable
results, with customers reporting greater than 600% increases
in conversion rates. VERB’s software-as-a-service (SaaS)
products are cloud-based, accessible on all mobile and desktop
devices, and are available by subscription for individual and
enterprise users. The Company’s technology is also integrated
into popular ERP, CRM, and marketing platforms. For more
information, please visit www.verb.tech.
FORWARD LOOKING STATEMENTS This
press release contains forward-looking statements that involve
risks and uncertainties, including statements about the closing of
the offering of common stock. These forward-looking statements
involve risks and uncertainties. If any of these risks or
uncertainties materialize, or if any of our assumptions prove
incorrect, our actual results could differ materially from the
results expressed or implied by these forward-looking statements.
These risks and uncertainties include risks associated with: the
COVID-19 pandemic and related public health measures on our
business, customers, markets and the worldwide economy; our plans
to attract new customers, retain existing customers and increase
our annual revenue; the development and delivery of new products,
including verbLIVE; our plans and expectations regarding
software-as-a-service offerings; our ability to execute on,
integrate, and realize the benefits of any acquisitions;
fluctuations in our quarterly results of operations and other
operating measures; increasing competition; general economic,
market and business conditions; and the risks described in the
filings that we make with the Securities and Exchange Commission
(“SEC”) from time to time, including the risks described under the
headings “Risk Factors” and “Management Discussion and Analysis of
Financial Condition and Results of Operations” in our Annual Report
on Form 10-K, which was filed with the SEC on May 14, 2020, as
amended by Amendment No. 1 on Form 10-K/A to our Annual Report on
Form 10-K, which was filed with the SEC on June 4, 2020, and which
should be read in conjunction with our financial results and
forward-looking statements contained therein, and our Quarterly
Report on Form 10-Q for the quarter ended September 30, 2020, which
was filed with the SEC on November 16, 2020, which should be read
in conjunction with our financial results and forward-looking
statements contained therein. All forward-looking statements in
this press release are based on information available to us as of
the date hereof, and we do not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made,
except as required by law.
Investor Relations Contact:
888.504.9929 investors@verb.tech
Media Contact: 855.250.2300,
ext.107 info@verb.tech
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