VERB Announces Partnership with NCompassTrac to Provide its Interactive Video Capabilities to the Auto Dealer Industry
November 19 2019 - 8:30AM
VERB Technology Company, Inc. (NASDAQ:
VERB) ("VERB" or the "Company"), a leader in
business-focused interactive video CRM, marketing, and sales
enablement applications, announces a new partnership with
NCompassTrac, an industry leader in the
development of cloud and mobile-based technologies that enhance and
increase the revenue potential of Automotive and PowerSports
dealers throughout the world.
Currently utilized by more than 1,500 dealerships, NCompassTrac
helps Automotive and PowerSports dealers visualize their Dealership
Management System (DMS) in a real-time dashboard, allowing them to
identify and respond more effectively to those customer segments
that drive revenue.
VERB’s partnership with NCompassTrac is part of a new initiative
called the CustomerTrac® Marketplace in which NCompassTrac is
teaming up with leaders in the Automotive and PowerSports
industries to create a marketplace that allows Dealers to discover
the best revenue opportunities and take action fast. By offering
VERB’s interactive video capabilities within their CustomerTrac®
Marketplace, dealerships can communicate more effectively with
their customers and increase overall growth and retention with no
change to their DMS. With this new initiative, among others,
NCompassTrac expects to double their client base in 2020.
“In addition to generating significant revenue opportunities,
this partnership with NCompassTrac allows us to showcase the
capabilities of our interactive video technology in the Automotive
and PowerSports industry as part of our strategy to expand into
many other new industries, markets, and business sectors,” said
President of Global Sales for VERB, McKinley Oswald. “NCompassTrac
is a widely respected name in the Automotive and PowerSports
industries, and we appreciate the opportunity to work alongside
them. As the industry leader in cloud-based technologies for
Automotive and PowerSports Dealerships, NCompassTrac represents a
perfectly aligned partner for VERB as we enter this exciting, new
vertical.”
“As we explore partnership opportunities for our Marketplace –
we seek unique and exciting ways for our dealers to engage their
customer audience,” said Chris Daden, CEO at NCompassTrac. “Adding
VERB’s interactive video capabilities to our CustomerTrac®
Dashboard allows us to demonstrate our commitment to continue to
deliver the kind of unique, measurable value our dealers have come
to expect from us.”
About VERBVERB Technology Company,
Inc. (NASDAQ: VERB) is rapidly emerging as the market
leader in interactive video-based customer relationship management
(“CRM”) sales and marketing applications. With offices in
California and Utah, VERB provides next-generation CRM lead
generation, sales enablement, and video marketing software
applications to sales-based organizations in 60 countries and in 48
languages. The Company’s proprietary and patent-pending technology
platform produces real-time, measurable results with some customers
reporting greater than 600% increases in conversion rates. The
Company’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 integrated into popular ERP, CRM, and marketing
platforms, including Oracle NetSuite, Adobe Marketo, and
integrations into Salesforce.com, Odoo, and Microsoft, among others
are underway. For more information, please
visit:.myVerb.com
About NCompassTracNCompassTrac is an industry
leader in the development of cloud and mobile-based technologies
that enhance and increase the revenue potential of companies though
out the world. Headquartered in Laguna Hills, CA, NCompassTrac
provides the automotive, powersports and other industries products
that focus on capturing new and retaining existing customers
through patented products and methods. Its customers include
Mercedes Benz, Honda, BMW, Lexus, GMC, Harley-Davidson, Polaris
Industries, and other major industry brands.
Media Contact:855.250.2300,
ext.7info@myverb.com
Investor Relations Contact:Matt Glover and Tom
ColtonGateway Investor
Relations949.574.3860VERB@gatewayir.com
NCompassTrac Contact:Todd HolbrookChief
Marketing Officertholbrook@ncompasstrac.com
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