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Posted On: 09/06/2021 1:29:18 PM
Post# of 32882
I just posted this on my DD board. It's thought through a little better than my first post, and if what you say about Verb's percentages are true, then I think this could be very conservative.
Can Verb ramp up to $2,900,000 in revenue every single day by the end of this year?
Verb will earn a percentage of sales through the Marketplace platform. I read somewhere "can't remember where" that another ecommerce platform collects 2 percent of sales on merchandise sold on their platform, so I had to verify how to calculate this because the numbers blew my mind!
Remember that "Singles Day" event in China, where just one livestream sold 145 million dollars in merchandise? Well, two percent of that would be $2,900,000. No doubt that this influencer is popular and has a large following right? But how many others would have attended and made purchases if this influencer had had the Attribution feature? This is why Verb really is special. Verb's platform was built as a marketing & sales app for companies in Direct Sales, which connects thousands of influencers within many of the over 160 Verb clients and can connect them all to verbLIVE, the Attribution feature and all the other bells & whistles it offers.
I think Verb can easily ramp up to $2,900,000 in revenue every single day by the end of this year from just two percent of sales and here's how... Once you add all the revenue from thousands of daily livestreams from all these enterprise clients, you can see how this can be easily achieved. In the last conference call Rory said " the weekly growth numbers, the videos that are being created, different livestreams, it’s already exceeded all our expectations internally. I think I have mentioned previously in the call that we have seen tens of thousands of Verb livestream events just over the past couple of weeks." If this statement was accurate, and we took it as just 20 thousand livestreams over a 14 day period, this would be an average of close to 1,500 streams per day. And don't forget they still have a backlog of clients...
And when you think about all the youtubers that aren't affiliated with an enterprise client, but will be attracted to verbLIVE with more expensive items to sell, I'm betting it will really blow up.
This does not include any SaaS revenue from subscription fees from all the various apps. The potential for Verb is incredible...
We'll be getting an early taste of revenue numbers from verbLIVE during the global verbLIT event on Thursday, October 7, 2021. Do your DD and don't miss it, this could surprise a lot of investors.
Can Verb ramp up to $2,900,000 in revenue every single day by the end of this year?
Verb will earn a percentage of sales through the Marketplace platform. I read somewhere "can't remember where" that another ecommerce platform collects 2 percent of sales on merchandise sold on their platform, so I had to verify how to calculate this because the numbers blew my mind!
Remember that "Singles Day" event in China, where just one livestream sold 145 million dollars in merchandise? Well, two percent of that would be $2,900,000. No doubt that this influencer is popular and has a large following right? But how many others would have attended and made purchases if this influencer had had the Attribution feature? This is why Verb really is special. Verb's platform was built as a marketing & sales app for companies in Direct Sales, which connects thousands of influencers within many of the over 160 Verb clients and can connect them all to verbLIVE, the Attribution feature and all the other bells & whistles it offers.
I think Verb can easily ramp up to $2,900,000 in revenue every single day by the end of this year from just two percent of sales and here's how... Once you add all the revenue from thousands of daily livestreams from all these enterprise clients, you can see how this can be easily achieved. In the last conference call Rory said " the weekly growth numbers, the videos that are being created, different livestreams, it’s already exceeded all our expectations internally. I think I have mentioned previously in the call that we have seen tens of thousands of Verb livestream events just over the past couple of weeks." If this statement was accurate, and we took it as just 20 thousand livestreams over a 14 day period, this would be an average of close to 1,500 streams per day. And don't forget they still have a backlog of clients...
And when you think about all the youtubers that aren't affiliated with an enterprise client, but will be attracted to verbLIVE with more expensive items to sell, I'm betting it will really blow up.
This does not include any SaaS revenue from subscription fees from all the various apps. The potential for Verb is incredible...
We'll be getting an early taste of revenue numbers from verbLIVE during the global verbLIT event on Thursday, October 7, 2021. Do your DD and don't miss it, this could surprise a lot of investors.
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