While watching TV probably 90% of the time I'm multitasking doing other things on a laptop. Movies just the opposite. I don't know how many times I've seen something on TV where I go, I need to look that up. Sometimes it's history related, sometimes news, sometimes ecommerce related. If I'm in the middle of something, I forget and never do.
A good example is Shark Tank. Is the squatty potty, snuggie or scrub daddy for sale on Amazon or someplace? What's the cost? Did anyone buy one yet? How are the reviews?
Being able to easily click and buy while your interest is peaked, really is the key. You do lose sales if people have to come back. Not all sales but a significant amount.
I don't believe the share price will only rise if Rory shows us he has something. The company has already did a number of times. The market is also filled with stocks that rise on no news or sometimes even products (e.g. EVs). Verb has also risen on other news. I think what happens with Verb is some retail investors tunnel vision on the next thing and forget that there are a bunch of other money making products that have been recently released. Add to that a number of retail investors really don't understand SaaS revenue recognition. Just the opposite with institutional investors that have purchased more and continue to hold.
Everything Verb and many other SaaS companies release will take time for the revenue to ramp up and I expect MarketPlace and Verb.TV will as well. Verb is not going to make a billion in revenue come Q1.
The nice thing about Verb is, investors and consumers can actually test and use the products themselves. A number already have. That isn't always the case with a lot of SaaS companies. I like VerbMail as an example. I think it's a homerun which is one of the reasons why I increased my investment.
Something to keep in mind. Marketplace is not a new concept. It's very well proven. Verb take on it is better than the other guys.
Verb.TV while in some respects the same, is totally different. I remember when Netflix was starting out and I was thinking, who wants to stream a movie online. Many people didn't have the bandwidth, didn't understand what issues they would have and often could get a better selection at the local video store.
Turns out Netflix was a culture shift and game changer and the stock has rewards those that saw it.
Similar with Roku. Why would I buy that when Amazon fire stick is easy and I already have a prime subscription? What Roku saw and delivered is an agnostic steaming platform that has grown by leaps and bounds. I have bought a number of Roku devices. I like to see Rory have an agnostic MarketPlace and Verb.TV. Today the former is really niche at least in the US.
A good example is Shark Tank. Is the squatty potty, snuggie or scrub daddy for sale on Amazon or someplace? What's the cost? Did anyone buy one yet? How are the reviews?
Being able to easily click and buy while your interest is peaked, really is the key. You do lose sales if people have to come back. Not all sales but a significant amount.
I don't believe the share price will only rise if Rory shows us he has something. The company has already did a number of times. The market is also filled with stocks that rise on no news or sometimes even products (e.g. EVs). Verb has also risen on other news. I think what happens with Verb is some retail investors tunnel vision on the next thing and forget that there are a bunch of other money making products that have been recently released. Add to that a number of retail investors really don't understand SaaS revenue recognition. Just the opposite with institutional investors that have purchased more and continue to hold.
Everything Verb and many other SaaS companies release will take time for the revenue to ramp up and I expect MarketPlace and Verb.TV will as well. Verb is not going to make a billion in revenue come Q1.
The nice thing about Verb is, investors and consumers can actually test and use the products themselves. A number already have. That isn't always the case with a lot of SaaS companies. I like VerbMail as an example. I think it's a homerun which is one of the reasons why I increased my investment.
Something to keep in mind. Marketplace is not a new concept. It's very well proven. Verb take on it is better than the other guys.
Verb.TV while in some respects the same, is totally different. I remember when Netflix was starting out and I was thinking, who wants to stream a movie online. Many people didn't have the bandwidth, didn't understand what issues they would have and often could get a better selection at the local video store.
Turns out Netflix was a culture shift and game changer and the stock has rewards those that saw it.
Similar with Roku. Why would I buy that when Amazon fire stick is easy and I already have a prime subscription? What Roku saw and delivered is an agnostic steaming platform that has grown by leaps and bounds. I have bought a number of Roku devices. I like to see Rory have an agnostic MarketPlace and Verb.TV. Today the former is really niche at least in the US.
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