Verb Technology Company, Inc. (Nasdaq:
VERB) ("VERB" or the "Company"), the leader in interactive
video-based sales-enablement applications, including shoppable
livestream video, will host
Shopfest, a 3-day
livestream shopping event taking place July 26, 27 and 28 to mark
the launch of MARKET, VERB’s new 24/7 social shopping and
livestream commerce platform where shoppers can explore hundreds of
livestream shoppable stores, with more added every day.
Shopfest will be a 3-day social shopping marathon, streamed live
on MARKET.live and simulcast on Twitter, YouTube, Facebook Live,
and other major social media outlets from studios on the east and
west coasts, as well as from other locations all around the
country. This fast-paced event will take on a show format featuring
emcees based in Los Angeles as well as in New York City, who will
direct viewers to one of three simultaneous channels to engage with
their favorite vendors, brands, hosts, and influencers.
Shopfest will feature more than 50 livestream events over the
course of 3 days and will encompass multiple product categories,
with something for everyone, including: Clothing, Fashion, &
Accessories; Beauty & Skincare; Health & Wellness; Food
& Beverage; Home & Living; and more.
For the best Shopfest experience, interested shoppers
should RSVP at shopfest.market.live for
up-to-the-minute inside information about the event, early access
to the daily schedule of presentations, and to be registered for
giveaways and festival prizes, including a chance to win a $500
shopping spree.
Noted Rory J. Cutaia, CEO and Founder of VERB, “If you’ve been
wondering what livestream shopping is all about, or if you’ve ever
experienced livestream shopping, let us show you the next level of
livestream social shopping. Shopfest is a unique chance to
experience the power of the new world of social shopping. Imagine
being able to move from one parallel shopping universe to another,
from one virtual store or live performance to another, learn to
make a cocktail in one room, a meal in another, all while
purchasing the ingredients, be entertained, interact with major
social media influencers as well as with other shoppers, shop live
with a shopping cart that follows you wherever you venture, then
give back by donating to a great cause. With multiple events
happening simultaneously and streamed across several channels,
emcees on hand to offer up suggestions and fun commentary, and
shoppers able to move between events and buy directly in the
stream, Shopfest is a perfect way to launch MARKET and showcase the
robust functionality and frictionless nature of this new shoppable
entertainment platform.”
Added Deborah Weinswig, CEO and Founder of Coresight Research,
“The U.S. livestream market will grow from $20 billion in 2022 to
$68 billion in 2026 — at which point, it will account for over 5%
of total e-commerce sales. At their best, top social media
platforms are identifying influencers and creators as key factors
in developing the livestreaming ecosystem, providing huge
opportunity for brands and retailers to tap engaged audiences and
drive social commerce. We’re excited to see MARKET‘s inaugural
event.”
Observed Cutaia, "People want to be entertained, they want to
inject entertainment into every aspect of their lives, and that is
especially true for shopping. Viewing static images and reading
product reviews is so last decade. Consumers want an interactive,
social, engaging shopping experience and that’s what MARKET
delivers, the true convergence of entertainment and shopping. The
reason we’re attracting so many brands and retailers to MARKET is
that they now know the best way to attract and retain their
customers is to engage them in ways not previously done, ways that
produce a more meaningful, entertaining shopping experience.”
The Shopfest 3-day festival will feature an impressive lineup of
some of America's hottest brands set to participate. The current
lineup of brands and vendors expected to be featured in Shopfest
include:
AeroPilates |
Jenn Chan |
Reserve Bar: Anheuser-Busch |
Amazing Hazel's |
Joey Baby |
Reserve Bar: Athletic Brewing Co. |
American Ninja Warrior |
Judith Ripka |
Reserve Bar: Bacardi Limited |
Anna Zuckerman |
Jumper Maybach |
Reserve Bar: Boston Beer Co. |
Astouri |
Kameleon Jewelry |
Reserve Bar: Chateau Ste. Michelle |
Babylonstoren |
Korres |
Reserve Bar: Edrington |
Bare Life |
Leigh Showcase |
Reserve Bar: Mezcal 33 |
Big Lovie |
Lola |
Reserve Bar: Moet Hennessy |
Blume |
Longaberger |
Reserve Bar: Remy Cointreau |
Celeste Sol |
Luminara |
Rokne |
David Burke |
Miami Fitwear |
Rose Pops |
Doll 10 |
Mignonne Gavigan |
Rutheny Jewelry |
Elizabeth Grant Skin Care |
myGemma |
stā BODY |
Ellen Hunter NYC |
Nick Chavez |
Stacy Kessler |
Elliot Young |
NXTLVL ATHLETIC |
Starling Skincare |
Essential Baking |
OOLI |
Sugar Gay Isber |
Finders Key Purse |
Organifi |
Supersmile |
Good360 |
Ouri |
Sweet Goodbye |
Halston |
Pilates Pro Chair |
Total Gym |
Henning Lee |
Rachie Shnay |
Vanity Planet |
J. McLaughlin |
Relief Band |
Walkee Paws |
Jeannie N Mini |
|
Wander Beauty |
|
|
WEN by Chaz Dean |
|
|
Willow Boutique |
Participant list is subject to change given the live show format
and as the Company tries to accommodate ongoing last-minute demand
for brand participation.
Brands and content creators interested in participating in
Shopfest can register and learn more 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 special note
is its new MARKET.live platform, 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 at the forefront of the
convergence of ecommerce and entertainment. With approximately 170
employees, the Company is headquartered in Lehi, Utah, and also
maintains offices in Newport Beach, California.
Follow VERB here:VERB on
Facebook: https://www.facebook.com/VerbTechCo/VERB
on Twitter: https://twitter.com/VerbTech_CoVERB on
LinkedIn:
https://www.linkedin.com/company/verb-tech/VERB on
YouTube:
https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ
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 its MARKET.live platform and SHOPFEST events, 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:888.504.9929investors@verb.tech
Media Contact:855.250.2300, ext.125info@verb.tech
Or
Meir Kahtan/MKPRmkahtan@rcn.com +1 917-864-0800
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