VERB to Introduce A I Capability to its Line-Up of Sales Tools
July 26 2021 - 8:00AM
Verb Technology Company, Inc. (Nasdaq:
VERB) ("VERB" or the "Company"), a leader in interactive
video-based sales enablement applications, including interactive
livestream ecommerce, webinar, CRM and marketing applications for
entrepreneurs and enterprises, today announced that it is
introducing A I capabilities to its sales enablement platform. The
new feature set called “Pulse” is the first iteration of VERB’s
artificial intelligence initiatives designed to make it easy for
anyone to sell, giving pros and newbies alike a real competitive
advantage. The new feature will be available in August 2021.
Designed by sales people for sales people, Pulse
helps automate management of their customer relationships and
interactions. Based on prior activities and behavior, Pulse guides
users through behavior-driven prompts, reminders, and suggested
actions for specific customers. Pulse also provides a variety of
activity-based reports that offer insights on first-time orders,
upcoming or cancelled shipments, and active or inactive customers.
Pulse suggests tasks that will deliver the most timely customer
interactions, such as following up now, setting reminders for
later, or quickly connecting with inactive customers on new
products or samples to get them re-engaged. Users can leverage the
interactive video-based communication tools in verbCRM and
verbTEAMS for personalized messages to customers or utilize
pre-written messages with suggested content based on the
recommended action. Additionally, Pulse offers a dashboard view of
sales team members that provides insights for sales team
management.
“We always look for ways to strengthen our
software offerings, and continue to lead the sales tools industry,”
said Rory J. Cutaia, CEO of VERB. “Pulse is an innovative feature
that we believe will have an immediate positive impact on our
users’ day-to-day customer outreach, and the latest in a series of
hyper-growth initiatives we intend to deliver to the market. Think
about how much easier it will be for a salesperson tracking
hundreds, if not thousands of customers, to make sure no potential
sale falls through the cracks. With customizable push
notifications, Pulse greatly enhances user awareness to support
customers more effectively, increases customer interactions and
engagement, and facilitates greater communication more easily
through the application. We believe the personal touch from these
direct communications will result in increased sales.”
In May 2021, VERB added the Attribution feature
to its livestream ecommerce app verbLIVE. Attribution adds an
affiliate marketing technology to verbLIVE, allowing team members
to receive credit for purchases made by their referrals to verbLIVE
sessions hosted by others. By sharing livestream session
invitations, verbLIVE allows hosts to drive attendance and revenues
exponentially.
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), and verbLEARN (Learning Management System
application). The Company has offices in California and Utah. For
more information, please visit: www.verb.tech.
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FORWARD-LOOKING STATEMENTSThis 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, the Company's projected financial
performance and operating results, including SaaS Recurring
Revenue, as well as statements regarding the Company'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 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. 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.
Investors are referred to our filings with the Securities and
Exchange Commission, including our 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 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: 888.504.9929
investors@verb.tech
Media Contact: 855.250.2300, ext.125
info@verb.tech
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