Market America Worldwide | SHOP.COM (the “Company”), a global
e-commerce and product brokerage company, and Verb Technology
Company, Inc. (Nasdaq: VERB) (“VERB”), a leader in interactive
video-based sales enablement applications, including interactive
livestream ecommerce, webinar, CRM and marketing applications for
entrepreneurs and enterprises, have partnered to launch SHOP LIVE,
a customized, interactive and live-streaming channel unique to each
of Market America Worldwide’s global distributors, known as
UnFranchise® Owners (UFOs). With this extraordinary and next-level
technology, SHOP LIVE™ will allow each UFO to hold their own live
broadcast, where they can talk about, demonstrate and sell products
to their current and potential customers anytime, anyplace, 24/7.
Fresh off the heels of last month’s global launch of the Company’s
UnFranchise Marketing App, also powered by Verb, SHOP LIVE becomes
this same app’s ultimate add-on, not only equipping UFOs with
state-of-the-art business-building technology but also letting
individuals with a similar entrepreneurial spirit consider earning
supplemental income as well.
“Without a doubt, SHOP LIVE is the biggest and
best tool we have ever released to the field,” said Marc Ashley,
President & COO of Market America Worldwide. “Think about it.
As a UFO, I can invite a few of my friends to a fun and interactive
virtual event. When they join the live event, I can talk about how
I’m building my own business and show off some of my favorite
products that we have just released. When one of my friends wants
to buy one of the products I’ve shown, I don’t have to send them to
my website. They can just click to purchase the products inside the
SHOP LIVE event. They get an amazing product, and I, as a UFO, have
just made another sale. With SHOP LIVE, selling gold-standard
products and helping others do the same by building their own
business has never been this easy, convenient and accessible.”
SHOP LIVE is powered by verbLIVE, the powerful
interactive livestream ecommerce application developed by VERB,
which allows viewers to engage directly with UFOs during the
session through clickable in-video icons to buy, receive additional
product information, set up appointments and other customizable
interactive features. The new ”attribution” feature rewards UFOs
who share the SHOP LIVE invitation with their current and potential
customers.
“We are truly excited to see Market America
Worldwide embrace the power of global livestream direct selling
using our technology,” said Rory J. Cutaia, CEO of VERB. “VERB has
developed an easy-to-use app that creates a friction-free, fun,
social, video-based sales experience that drives customer
engagement. Our best of class application also provides all of
Market America Worldwide’s UFOs real-time viewer engagement
analytics for more effective follow-ups that drive sales conversion
rates. The initial release has already been deployed to over
100,000 UFOs throughout Asia, Europe and all of North America. We
are proud to be a strong technology partner for Market America
Worldwide, empowering its UFOs with industry leading sales
enablement tools.”
Just last month, Market America Worldwide
launched the UnFranchise Marketing App worldwide. This app provides
UFOs with a multitude of essential and effective sales tools to
build their business while saving them the time they would
typically spend on paperwork. Some of the tools the UnFranchise
Marketing App provides include:
-
Syncing up and classifying any or all contacts by building lists of
hot and cold prospects.
-
Sharing product information and creative assets such as interactive
videos, marketing materials, training guides, texts, social media
and more.
-
Receiving notifications when customers click or view content.
-
Shipping free product samples to customers in a
beautifully-designed mailer, filled with product details, a
personalized letter and a series of automated emails to educate
customers about the product they are about to experience.
Now, with SHOP LIVE as the ultimate business-building add-on to
the UnFranchise Marketing App, UFOs can hold virtual face-to-face
chats with their customers and answer any customer questions about
the business and products. With a simple click on their screen,
customers gain immediate access to purchase the products a UFO is
displaying during a SHOP LIVE event.
Here’s how SHOP LIVE works:
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/feea748b-ffc6-4f2e-a57c-7b0d7184e251
UFOs set up and host virtual presentations to
showcase and sell their favorite products through
the UnFranchise Marketing App Desktop. They create and
send personal invitations to share their live stream link with
guests through text, email or social media.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/92bfa1f6-b9a7-4558-bd9b-69d51d9dedb8
UFOs create teams within the UnFranchise
Marketing App and invite any UnFranchise Owners they want to join
their team, regardless of their organizational affiliation. UFOs
use the “Team Announcements” feature to communicate with team
members and promote their upcoming presentations so they can invite
guests. These UnFranchise Owners will also be able to attend other
UFOs’ presentations and invite guests of their own. Purchases are
properly tracked so the respective UFO receives the credit for any
purchases made by guests they invite.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/97a951e2-fe42-48f5-b3fa-a8a44c5f39ba
UFOs set up clickable product links or
customizable interactive buttons to display on the screen so guests
can have quick access to more details and purchase the products
that UFOs present. UFOs simply preselect the products they plan on
featuring so they can show the products while they’re presenting.
Guests can chat with the UFO host and each other through the Chat
feature to ask questions, share their excitement, provide feedback
and more.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/917d60eb-abc3-4fd7-8397-8fc0b07d9c65
After hosting SHOP LIVE presentations, UFOs can
review data to see who attended, for how long and what items they
clicked on. Also, when UFOs invite guests to other team members’
SHOP LIVE presentations, and they attend, UFOs will be able to see
data regarding those guests. This allows UFOs to follow up
effectively by sharing more information, materials and media based
on their interests discovered in the data.
Market America Worldwide | SHOP.COM continues to
change the way people shop. SHOP LIVE is a new and fun shopping
experience for any guests UFOs invite and a prime example of the
breakthrough technologies and services available to UFOs. The
UnFranchise Marketing App with SHOP LIVE is a game-changer designed
to help UFOs with marketing, retailing and growing their
UnFranchise Business.
About Market America:
Market America Worldwide | SHOP.COM is an
award-winning global e-commerce and product brokerage company that
specializes in one-to-one marketing and is the creator of the
Shopping Annuity®. Its mission is to provide a robust business
system for entrepreneurs while providing consumers a better way to
shop. Headquartered in Greensboro, N.C., and with offices in eight
unique sites across the globe, Market America Worldwide was founded
in 1992 by Founder, Chairman & CEO of Market America Worldwide
| SHOP.COM JR Ridinger. Through the company's primary,
award-winning shopping website, SHOP.COM, consumers have access to
millions of products, including Market America Worldwide exclusive
brands and thousands of top retail brands. SHOP.COM ranks 19th in
Newsweek magazine's 2021 Best Online Shops, No. 52 in Digital
Commerce 360's (formerly Internet Retailer) 2021 Top 1,000 Online
Marketplaces, No. 79 in Digital Commerce 360's 2021 Top 1,000
Online Retailers and No. 11 in the 2021 Digital Commerce 360
Primary Merchandise Category Top 500. The company is also a
two-time winner of the Better Business Bureau's
Torch Award for Marketplace Ethics and was ranked No. 15 in The
Business North Carolina Top 125 Private Companies for 2020. By
combining Market America Worldwide's entrepreneurial business model
with SHOP.COM's powerful comparative shopping engine,
Cashback program, Hot Deals,
ShopBuddy®, Express Pay checkout, social shopping
integration and countless other features, the company has become
the ultimate online shopping destination.For more information about
Market America Worldwide: MarketAmerica.comFor
more information on SHOP.COM, please
visit: SHOP.COM
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB)
transforms how businesses attract and engage customers. The
Company’s Software-as-a-Service, or SaaS, platform is based on its
proprietary interactive video technology, and comprises a suite of
sales enablement business software products offered on a
subscription basis. Its software applications are available in over
60 countries and in more than 48 languages to large enterprise and
small business sales teams that need affordable, easy-to-use, and
quick-to-get-results sales tools. Available in both mobile and
desktop versions, the applications are offered as a fully
integrated suite, as well as on a standalone basis, and include
verbCRM (Customer Relationship Management application), verbLIVE
(Interactive Livestream eCommerce and Video Webinar application),
verbTEAMS (a Self On-boarding version of verbCRM with built-in
verbLIVE and Salesforce synchronization for small businesses and
solo entrepreneurs), verbLEARN (Learning Management System
application), and verbMAIL, (an interactive video mail solution
integrated seamlessly into Microsoft Outlook). The Company has
offices in California and Utah. For more information, please visit:
www.verb.tech.
FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking
statements” as that term is defined in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
risks and uncertainties and include, without limitation, any
statement that may predict, forecast, indicate or imply future
results, performance or achievements, and may contain words such as
“anticipate,” “expect,” “project,” “plan,” or words or phrases with
similar meaning. Forward-looking statements contained in this press
release relate to, among other things, Verb’s projected financial
performance and operating results, including SaaS Recurring
Revenue, as well as statements regarding Verb’s progress towards
achieving its strategic objectives, including the successful
integration and future performance of acquisitions. Forward-looking
statements are based on current expectations, forecasts and
assumptions that involve risks and uncertainties, including, but
not limited to the COVID-19 pandemic and related public health
measures on Verb’s business, customers, markets and the worldwide
economy; Verb’s plans to attract new customers, retain existing
customers and increase Verb’s annual revenue; the development and
delivery of new products, including verbLIVE; Verb’s plans and
expectations regarding software-as-a-service offerings; Verb’s
ability to execute on, integrate, and realize the benefits of any
acquisitions; fluctuations in Verb’s quarterly results of
operations and other operating measures; increasing competition;
general economic, market and business conditions. If any of these
risks or uncertainties materialize, or if any of Verb’s assumptions
prove incorrect, Verb’s actual results could differ materially from
the results expressed or implied by these forward-looking
statements. Investors are referred to Verb’s filings with the
Securities and Exchange Commission, including Verb’s annual Reports
on Form 10-K and Quarterly Reports on Form 10-Q, for additional
information regarding the risks and uncertainties that may cause
actual results to differ materially from those expressed in any
forward-looking statement. All forward-looking statements in this
press release are based on information available to Verb as of the
date hereof, and Verb does 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:888.504.9929investors@verb.tech
Media Contact:855.250.2300,
ext.125info@verb.tech
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