E-Commerce is Gaining Significantly, and Verb Technology (VERB) is helping Companies Navigate the Online Waters, Some for Free
Good day everyone,
We are continuing coverage on Verb Technology Company, Inc. (NASDAQ: VERB), a leader in sales and marketing applications utilizing its proprietary interactive video data collection and analysis technology.
Current price $2.70/share
After closing at $2.29/share in Tuesday’s session, VERB shares gapped to open at $2.39 in today’s session. The company shares are up 17% at $2.70/share in the first hour of trading on volume of 1.7M shares.
Verb Technology has re-invented what a customer relationship management (CRM), lead-gen tool should be in today’s video-centric business and social environment. VERB is rapidly emerging as the market leader in interactive video-based customer relationship management (CRM) sales and marketing applications.
VERB to Offer Its Livestream eCommerce App Free to All Small Businesses in the U.S. Affected by the Pandemic
Today, VERB announced that it is offering its LIVE STREAM ECOMMERCE technology to small businesses all over the country for free to help navigate the challenges the pandemic has created. VERB is offering its app for free for 30 days to all small businesses in the U.S.
Through their verbTEAMS app, users can create their own QVC and Home Shopping Network-style live broadcasts showcasing and promoting their products or services with one big difference – viewers can click right in the livestream video broadcast and purchase in real-time.
In addition to the free use of verbTEAMS, VERB is offering free biweekly training and business seminars to help businesses with onboarding, understanding, and using the app’s powerful and innovative features.
“Entrepreneurs and small businesses are the backbone of our economy,” said Rory J. Cutaia, CEO of VERB. “We need to stop looking to our government for assistance. It’s time for the private sector to step up, to come together, combine our know how, combine our resources, and help each other.
We applaud Verb Technologies for this free offer.
Jut prior to the pandemic, online sales were 11.8% of total retail sales and that figure is expected to rise to 25% over the next five years. The increase in e-commerce creates an opportunity for VRB to grow as its software assists companies to grow their online sales.
The Company’s proprietary, patented, and patent-pending technology platform produces real-time, measurable results with some customers reporting greater than 600% increases in conversion rates.
VERB stock may be one of the most undervalued tech plays of 2021. Currently, it has a market capitalization of $127 million, yet experts project that U.S. e-commerce sales will hit over $476 billion by 2024. Verb helps clients succeed in this new retail ecosystem, making it one of the top companies to watch in 2021 and beyond.
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