{"id":430627,"date":"2021-02-08T09:03:30","date_gmt":"2021-02-08T14:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=430627"},"modified":"2021-02-08T09:03:30","modified_gmt":"2021-02-08T14:03:30","slug":"verb-technology-highlights-favorable-livestream-e-commerce-trends-in-recent-conference-and-investor-presentations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verb-technology-highlights-favorable-livestream-e-commerce-trends-in-recent-conference-and-investor-presentations\/","title":{"rendered":"VERB Technology Highlights Favorable Livestream E-Commerce Trends in Recent Conference and Investor Presentations"},"content":{"rendered":"

\nverbLIVE, VERB\u2019s best-in-class livestream ecommerce and webinar tool, positions the company to capitalize on changing shopping trends and consumer behavior, accelerated by the pandemic
\n<\/h2>\n
\n

NEWPORT BEACH, Calif. and SALT LAKE CITY, Feb. 08, 2021 (GLOBE NEWSWIRE) — 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 recapped successful presentations at two virtual events last week. Rory J. Cutaia, CEO of VERB, presented its sales enablement software-as-a-service platform at VirtualInvestorConferences.com, a live, interactive online event. The February 4 presentation is now available as an archived webcast here<\/a>. Additionally, Mr. Cutaia had a full day\u2019s schedule of one-on-one meetings with institutional investors at A.G.P.\u2019s Virtual Emerging Growth Technology Conference.<\/p>\n

At these events, Mr. Cutaia discussed the rapidly changing consumer behavior and online shopping trends. Specifically, he cited the ecommerce transformation in China, which is leading the world in the adoption of livestream shopping. On Singles Day (or \u201cDouble 11\u201d) in 2019, the largest annual shopping festival in China held on November 11, leading social media influencer Li Jiaqi generated over $145 million in sales<\/a> by livestreaming and spending only five minutes on each product. In 2020, Li Jiaqi and Viya, another top livestream influencer, kicked off the festival at midnight on October 21 and together generated $1.2 billion<\/a> in sales for that evening alone. Another sales window took place from November 1 to 3, with the main event on November 11. From November 1 to November 11, ecommerce giants Alibaba and JD.com also reported combined sales of approximately $115 billion<\/a> during the event.<\/p>\n

Mr. Cutaia highlighted that the U.S. is primed for a similar livestreaming sales explosion, and that VERB\u2019s sales enablement platform positions the Company to capitalize on this growth, as it provides the unique technology and infrastructure for both enterprises and individuals to conduct livestreamed selling events. verbLIVE, a powerful and easy-to-use livestream ecommerce application, allows viewers to directly engage with retailers during the session through clickable in-video icons to buy, receive additional product information, set up appointments, and other customizable interactive features. The app creates a friction-free, video-based setting to increase customer engagement and drive sales conversion rates, while offering real-time viewer interaction analytics.<\/p>\n

\u201cDuring last week\u2019s conferences, I am truly excited to see the positive investor and audience response to our solutions platform and the favorable trends supporting industry growth,\u201d said Mr. Cutaia. \u201cOur applications are ideal tools for livestreamed direct selling, which we expect will grow in popularity, driven by the pandemic. We are also seeing social media influencers increasingly play a role in this transformation, as their millions of followers form an immediate audience for an event. Being able to create engagement, and not just track it, sets the VERB platform apart from other sales tools. Looking ahead, we\u2019re seeing clear signals for the rapidly emerging convergence of entertainment and ecommerce, think \u201cshoppable entertainment,\u201d and we intend to apply our technology to usher in this new paradigm shift. It should be an exciting year for ourselves and our shareholders.\u201d<\/p>\n

\n About VERB<\/strong>
\n
VERB Technology Company, Inc. (Nasdaq: VERB) transforms how businesses attract and engage customers. The Company\u2019s 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.<\/p>\n

\n FORWARD LOOKING STATEMENTS <\/strong>
\n
This press release contains forward-looking statements that involve risks and uncertainties, including statements about the closing of the offering of common stock. These forward-looking statements involve risks and uncertainties. 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. These risks and uncertainties include risks associated with: 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; and the risks described in the filings that we make with the Securities and Exchange Commission (\u201cSEC\u201d) from time to time, including the risks described under the headings \u201cRisk Factors\u201d and \u201cManagement Discussion and Analysis of Financial Condition and Results of Operations\u201d in our Annual Report on Form 10-K, which was filed with the SEC on May 14, 2020, as amended by Amendment No. 1 on Form 10-K\/A to our Annual Report on Form 10-K, which was filed with the SEC on June 4, 2020, and which should be read in conjunction with our financial results and forward-looking statements contained therein, and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, which was filed with the SEC on November 16, 2020, which should be read in conjunction with our financial results and forward-looking statements contained therein. 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.<\/p>\n

\n Investor Relations Contact: <\/strong>
\n
888.504.9929
investors@verb.tech<\/a><\/p>\n

\n Media Contact: <\/strong>
\n
855.250.2300, ext.107
info@verb.tech<\/a><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

verbLIVE, VERB\u2019s best-in-class livestream ecommerce and webinar tool, positions the company to capitalize on changing shopping trends and consumer behavior, accelerated by the pandemic NEWPORT BEACH, Calif. and SALT LAKE CITY, Feb. 08, 2021 (GLOBE NEWSWIRE) — 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 recapped successful presentations at two virtual events last week. Rory J. Cutaia, CEO of VERB, presented its sales enablement software-as-a-service platform at VirtualInvestorConferences.com, a live, interactive online event. The February 4 presentation is now available as an archived webcast here. Additionally, Mr. Cutaia had a full day\u2019s schedule of one-on-one meetings … <\/p>\n

Continue reading “VERB Technology Highlights Favorable Livestream E-Commerce Trends in Recent Conference and Investor Presentations”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-430627","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVERB Technology Highlights Favorable Livestream E-Commerce Trends in Recent Conference and Investor Presentations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verb-technology-highlights-favorable-livestream-e-commerce-trends-in-recent-conference-and-investor-presentations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERB Technology Highlights Favorable Livestream E-Commerce Trends in Recent Conference and Investor Presentations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"verbLIVE, VERB\u2019s best-in-class livestream ecommerce and webinar tool, positions the company to capitalize on changing shopping trends and consumer behavior, accelerated by the pandemic NEWPORT BEACH, Calif. and SALT LAKE CITY, Feb. 08, 2021 (GLOBE NEWSWIRE) — 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 recapped successful presentations at two virtual events last week. Rory J. Cutaia, CEO of VERB, presented its sales enablement software-as-a-service platform at VirtualInvestorConferences.com, a live, interactive online event. The February 4 presentation is now available as an archived webcast here. 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