VERB Partners with Vlad Kachur, Top Social Media Influencer for Small Businesses and Entrepreneurs, to Drive Awareness of Liv...
March 10 2021 - 9:45AM
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 leading social media
influencer Vlad Kachur to increase awareness of verbTEAMS, the
Company’s powerful and easy-to-use livestream ecommerce sales and
marketing tool to support entrepreneurs and small- and medium-sized
businesses (SMBs).
With more than 140,000 subscribers, Mr. Kachur’s YouTube channel
is the #1 YouTube business and technology show for entrepreneurs,
startups and small businesses. Past guests of The Vlad Kachur show
include Netflix co-founder Marc Randolph, Shark Tank’s Kevin
O’Leary and Daymond John, venture capital investor Tim Draper, and
SaaS executive and influencer Jason Lemkin. Each video uploaded to
the channel gets 1 to 2 million views within 30 days, with
click-through rates of up to 3.2% and conversion rates of up to 5%.
Additionally, websites of companies that appeared on the show have
seen between 10,000 and 40,000 new visitors within 30 days of the
video’s launch.
“We are excited to tap into influencer marketing and to work
with Vlad to expand awareness of VERB’s technology and sales tools,
which we believe can help businesses during, and beyond, these
challenging times,” said Nick Hoggan, VERB’s Chief Revenue Officer.
“We strongly believe that verbTEAMS, our sales enablement solution
for small businesses and solo entrepreneurs, empower users to
create much-needed and measurable customer engagement through
livestream selling and interactive videos, which can elevate sales
productivity levels while benefiting from rapidly changing consumer
behavior and shopping trends.”
VERB CEO Rory J. Cutaia added, “The sales environment has
changed tremendously since a year ago, especially for small
businesses and entrepreneurs who have been significantly impacted
by pandemic-related store closures and struggling sales figures.
Small businesses have to adapt to changing dynamics related to
COVID-driven shifts in consumer behavior. Vlad’s YouTube channel is
the perfect vehicle to let these businesses know that there is
technology available to help them adapt and succeed. We are here to
help them with that.”
With verbTEAMS, small businesses can create their own QVC and
Home Shopping Network-style live online broadcasts to showcase
their products or services with one important distinction – viewers
can click directly on the livestream video 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 to the host or chat with one another during the live
broadcast. It simulates or gets close to an actual in-store buying
experience, as it combines the best features of popular livestream
platforms such as Zoom, Facebook Live and WebEx with clickable
shopping features, including in-video icons to buy, receive
additional product information, or set up appointments. It also
provides real-time viewer interaction analytics to drive sales
conversion rates in a friction-free sales setting. verbTEAMS is
particularly effective for Shopify users as well as eBay and Etsy
sellers. For businesses that use Salesforce customer relationship
management tools, the app also has a special one-click Salesforce
synchronization.
verbTEAMS, available in mobile and desktop versions, is
currently being offered for free for 7 days to all small
businesses in the U.S. in an effort to help small business recover
and overcome the grueling challenges caused by the pandemic.
Interested users can sign up here.
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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