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 has partnered with Marketing 360®, a leader in
business management and marketing software for small and
medium-sized businesses and franchises. VERB and Marketing 360
offer complementary services that help small businesses grow more
rapidly through an effective end-to-end sales and marketing
program, from lead generation to sales conversion.
With over 20,000 clients across all industries, Marketing 360
helps small and medium-sized companies manage and grow their
businesses through a powerful platform which includes a CRM, a
website builder, payments integration, email marketing, SMS text
message marketing, a social media management scheduling tool, and
much more. As many small business owners do not have all the
resources and skills necessary for marketing and building an online
presence, Marketing 360® makes it easy for businesses with its
industry-leading technology. Marketing 360® is the number one
marketing platform for small businesses with proven
industry-specific marketing programs run by dedicated and
experienced marketing teams.
VERB’s self-onboarding verbTEAMS platform, designed for small
businesses, enables small businesses and solopreneurs to manage,
share, and track interactive content, such as product literature
and media, demo videos, personalized videos, or business proposals,
while offering interaction analytics so users can determine which
content is resonating with prospects, and assess overall engagement
and campaign effectiveness. This allows users to focus their time
and energy more effectively on high-probability sales prospects who
have shown interest, thereby increasing their sales conversion
rates. VERB customers have reported more than 600% increases in
conversion rates. Interactive content can be shared by email, text
messages, customer-specific links, or livestream. Verb’s livestream
e-commerce capability, which is included with verbTEAMS, is an
effective and powerful way to create customer engagement, as
viewers can easily click on icons directly on the screen to make
purchases, get additional product information, set up appointments
and other customizable features, and also to chat with other
viewers of the livestream or ask questions to the host, all in a
friction-free setting.
“A partnership with Marketing 360 is a win-win proposition for
both companies,” said Nick Hoggan, Chief Revenue Officer of VERB.
“More importantly, it’s the small businesses that win, as they
benefit from Marketing 360’s marketing and lead generation
capabilities and VERB’s ability to increase conversion of those
leads into closed deals. In addition to helping small businesses
impacted by the pandemic get back on their feet as the economy
reopens, a Marketing 360 co-marketing agreement creates tremendous
value for VERB’s shareholders.”
“Our mission has always been to help small businesses grow,”
said Jerry Kelly, CMO of Madwire, parent company of Marketing 360.
“Through the VERB partnership, we are looking to accelerate this
growth by empowering our customers to follow through on leads
generated, and successfully turn them into additional sales. As a
result, the combined strengths of our services support our clients
in navigating through the entire sales
cycle.”
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.
About Marketing 360Marketing 360 is a
technology company that provides business management and marketing
software and services for SMBs and franchises. The Marketing 360
platform gives SMBs everything they need to manage and grow their
business from a singular platform, including the ability to — build
a professional website, accept and manage payments, manage leads
and customers, book appointments, monitor reviews, manage social
media, syndicate business listings, manage content marketing, run
multi-channel digital advertising campaigns, and more. Marketing
360 was founded in 2009 with the mission of enriching communities
by helping small businesses grow, and is headquartered in Fort
Collins, Colorado, with offices in Austin, Texas. Learn more about
Marketing 360 at https://www.marketing360.com/.
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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