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Posted On: 03/23/2021 12:01:12 PM
Post# of 32988
2021 Predictions: How to Close the $150 Billion Livestream Commerce Gap Between US-China
Mar 4, 2021 - by Andrew Cohen and Chris Erwin
Article by the same person that said Verb "Signed a $1M / Year livestream customer in March 2021"
"Although the current sales volume in US livestream shopping is low, investor interest is high . In the past two weeks alone, Talkshoplive, NEWNESS, and Maestro raised a combined $21.5 million in early-stage funding."
The difference between investing in a private early stage company and a NASDAQ company is the odds of the former getting to the latter's stage is slim.
If someone thinks they can magically go from zero to sixty without the pains in-between that many NASDAQ companies endured, then they are kidding themselves. 90% will fold.
"In 2019, the failure rate of startups was around 90%"
One of the challenges stated in the article is not having enough product to sell in the US compared to China.
Now at first glance you may be thinking what? There is plenty of stuff to sell just look at Amazon and Walmart
But hold your horsey there for a second
Can you really sell all that 'stuff' online?
Is it 'stream worthy"?
Guess which company has a ton of customers with 'stream worthy" products?
Not only shop.com / Market America / unfranchised customers but the 100+ other companies
Then add to that all the small businesses
Another difference between Verb and a started beside 90% of the latter will fail is, Verb already has a large customer base to tap into with no product offerings.
https://www.wearerockwater.com/blog/2021-pred...estreaming
Mar 4, 2021 - by Andrew Cohen and Chris Erwin
Article by the same person that said Verb "Signed a $1M / Year livestream customer in March 2021"
"Although the current sales volume in US livestream shopping is low, investor interest is high . In the past two weeks alone, Talkshoplive, NEWNESS, and Maestro raised a combined $21.5 million in early-stage funding."
The difference between investing in a private early stage company and a NASDAQ company is the odds of the former getting to the latter's stage is slim.
If someone thinks they can magically go from zero to sixty without the pains in-between that many NASDAQ companies endured, then they are kidding themselves. 90% will fold.
"In 2019, the failure rate of startups was around 90%"
One of the challenges stated in the article is not having enough product to sell in the US compared to China.
Now at first glance you may be thinking what? There is plenty of stuff to sell just look at Amazon and Walmart
But hold your horsey there for a second
Can you really sell all that 'stuff' online?
Is it 'stream worthy"?
Guess which company has a ton of customers with 'stream worthy" products?
Not only shop.com / Market America / unfranchised customers but the 100+ other companies
Then add to that all the small businesses
Another difference between Verb and a started beside 90% of the latter will fail is, Verb already has a large customer base to tap into with no product offerings.
https://www.wearerockwater.com/blog/2021-pred...estreaming
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