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Posted On: 05/17/2022 12:04:25 AM
Post# of 32715
What an amazing conference call. I am so pleased Rory and the team shared some Market statistics on participant sales volume as well. This easily demonstrates the gravity of potential.
I am also happy that Rory mentioned the following quote as I have also read this is many articles within my current studies of marketing and I know it to be true. There is a shift in business focus going on at the moment and Verb is in a great place to capitalize on the B2C demand.
"More recently, we see even traditional retail brands looking to incorporate a more effective direct-to-consumer distribution strategy to lower distribution costs and increase margins. If there is a contraction in the economy and a drop in consumer spending, we believe this will drive business for MARKET as vendors will seek ways to lower prices and retain margins".
I am also happy that Rory mentioned the following quote as I have also read this is many articles within my current studies of marketing and I know it to be true. There is a shift in business focus going on at the moment and Verb is in a great place to capitalize on the B2C demand.
"More recently, we see even traditional retail brands looking to incorporate a more effective direct-to-consumer distribution strategy to lower distribution costs and increase margins. If there is a contraction in the economy and a drop in consumer spending, we believe this will drive business for MARKET as vendors will seek ways to lower prices and retain margins".
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