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Posted On: 05/19/2019 7:52:12 AM
Post# of 32696
I am a visual person and need pretty pictures to be able to grasp something fully. I would say interactive video is right up my alley. I was looking into some statistics on the Direct Selling industry and found that there are roughly 18.6 million people involved in the direct selling industry in 2017 in the US alone in various levels of participation. I take the number with a grain of salt, so let's just say there a crap load of people involved in direct selling. We can add to that crapload of US people a crapload of International folks as well.
Here is my pretty picture in written form. Imagine each person in the direct selling industry as a spigot whose nozzle is pointed towards filling a pool with a hole in it. Verb is the pool, and the hole at the bottom are their expenses. The water flowing from the spigots into the pool represents revenue payable to Verb.
There are a few spigots that are turned on, but most are not. Every time a new customer signs on to to use Verb's MLM app for their specific company, their spigot turns on to varying flows depending on how much they are paying monthly.
Right now, the water flowing out of the hole at the bottom of the pool is greater than the water flowing in and thus the water level of the pool is dropping. But every day, there are more and more spigots being turned on, and soon that water level will equilibrate. At some point, the number of spigots that are flowing water will fill the pool at a rate greater than is flowing out the hole. When the pool fills, they will build a bigger pool. That day is coming in the not too distant future and that is just our direct sales division.
What happens when Oracle, Salesforce, Microsoft, and the rest of the big boys have a spigot (more like a fire hose) and it is turned on? What happens when our other verticals have spigots?
Alright, so my pretty picture may be tried and used, but you get my gist. We have a firm hold of the MLM market thanks to the SC purchase, and we are about to own it, mainly because there is no competition, yet, and we have a beautiful and working product as demonstrated by the conversion rates from some of our customers.
I believe Verb is on the verge of becoming a flat out cash machine just on Verb Direct alone, and everything else is a whole lot o' gravy.
Here is my pretty picture in written form. Imagine each person in the direct selling industry as a spigot whose nozzle is pointed towards filling a pool with a hole in it. Verb is the pool, and the hole at the bottom are their expenses. The water flowing from the spigots into the pool represents revenue payable to Verb.
There are a few spigots that are turned on, but most are not. Every time a new customer signs on to to use Verb's MLM app for their specific company, their spigot turns on to varying flows depending on how much they are paying monthly.
Right now, the water flowing out of the hole at the bottom of the pool is greater than the water flowing in and thus the water level of the pool is dropping. But every day, there are more and more spigots being turned on, and soon that water level will equilibrate. At some point, the number of spigots that are flowing water will fill the pool at a rate greater than is flowing out the hole. When the pool fills, they will build a bigger pool. That day is coming in the not too distant future and that is just our direct sales division.
What happens when Oracle, Salesforce, Microsoft, and the rest of the big boys have a spigot (more like a fire hose) and it is turned on? What happens when our other verticals have spigots?
Alright, so my pretty picture may be tried and used, but you get my gist. We have a firm hold of the MLM market thanks to the SC purchase, and we are about to own it, mainly because there is no competition, yet, and we have a beautiful and working product as demonstrated by the conversion rates from some of our customers.
I believe Verb is on the verge of becoming a flat out cash machine just on Verb Direct alone, and everything else is a whole lot o' gravy.
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