VERB Announces Shopfest - a 3-Day Interactive Livestream Shopping Festival on its MARKET Platform
June 30 2022 - 10:17AM
Verb Technology Company, Inc. (Nasdaq:
VERB) ("VERB" or the "Company"), the leader in interactive
video-based sales-enablement applications, including shoppable
livestream video, announces that on July 26-28, it will host
Shopfest, an interactive livestream shopping festival featuring
some of America's hottest brands. The festival marks the official
launch of Verb's MARKET platform. MARKET is a new social shopping
and livestream ecommerce platform that represents the true
convergence of live entertainment and shopping, ushering in a new
era in online shopping and ecommerce.
Shopfest will feature more than 30 brands and
retailers including such iconic American luxury fashion brands as
Halston, celebrity red carpet-favorite jewelry from Judith Ripka,
artisanal home and collectibles brand Longaberger, celebrity chef
David Burke, and many, many more. In addition, there are more than
200 interactive and shoppable stores to explore, any or all of
which host their own livestream shopping events or have VOD
recordings of their previous livestream shopping events – all of
which remain searchable and shoppable on MARKET 24/7.
In addition to participating in a one-of-a-kind
shopping experience, consumers who shop during Shopfest will also
have the chance to give back. MARKET has
partnered with nonprofit Good360, the global
leader in product philanthropy and purposeful giving for the
three-day festival, where shoppers can donate directly within the
livestream shopping experience or round up purchases to the next
dollar, with all proceeds benefiting Good360.
“We are thrilled to unveil the MARKET livestream
shopping experience to the world during Shopfest,” states Rory J.
Cutaia, VERB CEO. “Leveraging all the excitement surrounding the
3-day event, we’ll be revealing more Festival participants every
week – and yes we expect there will be some fun surprises to look
forward to.”
MARKET is a 24/7, multi-vendor, livestream shopping
platform designed to host simultaneous livestream shopping sessions
by consumer brands, big-box stores, boutiques, celebrities, content
creators, and influencers selling products and services across
numerous categories. Livestream ecommerce has evolved rapidly in
China, and in less than five years has grown into a new sales
channel expected to hit $423 billion this year. While the U.S. has
only recently been exposed to livestream shopping, it has already
grown to more than $25B and growth rates are accelerating. VERB's
MARKET will give U.S. retailers the most comprehensive online
shopping and livestream platform available today.
RSVP to Shopfest to participate in the event cash
give-aways and other prize drawings at
https://shopfest.market.live/.
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB), the
market leader in interactive video-based sales applications,
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 is comprised of a
suite of sales enablement business software products offered on a
subscription basis. Its software applications are used by hundreds
of thousands of people in over 100 countries and in more than 48
languages. VERB's clients include large sales-based enterprises as
well as small business sales teams, including the sales and
marketing departments of professional sports teams. Of note is its
forthcoming MARKET, a multi-vendor, multi-presenter, livestream
social shopping platform at the forefront of the convergence of
ecommerce and entertainment. With approximately 170 employees, the
Company is headquartered in American Fork, Utah, and also maintains
offices in Newport Beach, California.
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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
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to, among other things, the Company's projected financial
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successful integration and future performance of acquisitions.
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including, but not limited to the COVID-19 pandemic and related
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and delivery of new products, including verbLIVE; our plans and
expectations regarding software-as-a-service offerings; our ability
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and other operating measures; increasing competition; general
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regarding the risks and uncertainties that may cause actual results
to differ materially from those expressed in any forward-looking
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Investor
Relations:888.504.9929investors@verb.tech
Media Contact:855.250.2300,
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