I will just address your point about strategic par
Post# of 32970
(Total Views: 359)
Posted On: 11/21/2018 12:31:04 PM
I will just address your point about strategic partnerships not giving revenue.
I was involved in start up in my past life and we had a product which was supposed to integrate with large players (just like nFusz is facing now). It took us almost 8-12 months to fully integrate with such large companies due to the heavy inertia and it was after we got their nod/go ahead. I had personally trained 100's of sales team members in a closed room and amazed to see how tough it is to teach new things to sales people. You know that the product will help them sell more but it takes forever for them to realize it. They are so used to doing things in certain way and very few of them actually make that extra effort. And then the training only starts after you fully integrate with their product teams who can take months to move things (natural human tendency to adopt change), not easy at all.
When Rory says he's trying something big and tough, I exactly know what it means!
And honestly, I somehow had a feel of what happened with Oracle before it happened and was praying that the Oracle team will probably be more forthcoming but we know what happened. It's called Inertia.....
Anyways, with all the new names in place, it will be different now and I expect faster integrations going forward with competition heating up among themselves. IMO, Revenue will be seen in Q1 with some of these integrations and we will see it in the Q1 filings in May'19, it's just a matter of time now....Stay tuned and see the Magic!!
Happy Thanksgiving everyone! Stay blessed......
Cheers!!
I was involved in start up in my past life and we had a product which was supposed to integrate with large players (just like nFusz is facing now). It took us almost 8-12 months to fully integrate with such large companies due to the heavy inertia and it was after we got their nod/go ahead. I had personally trained 100's of sales team members in a closed room and amazed to see how tough it is to teach new things to sales people. You know that the product will help them sell more but it takes forever for them to realize it. They are so used to doing things in certain way and very few of them actually make that extra effort. And then the training only starts after you fully integrate with their product teams who can take months to move things (natural human tendency to adopt change), not easy at all.
When Rory says he's trying something big and tough, I exactly know what it means!
And honestly, I somehow had a feel of what happened with Oracle before it happened and was praying that the Oracle team will probably be more forthcoming but we know what happened. It's called Inertia.....
Anyways, with all the new names in place, it will be different now and I expect faster integrations going forward with competition heating up among themselves. IMO, Revenue will be seen in Q1 with some of these integrations and we will see it in the Q1 filings in May'19, it's just a matter of time now....Stay tuned and see the Magic!!
Happy Thanksgiving everyone! Stay blessed......
Cheers!!
(11)
(0)Verb Technology Company, Inc (VERB) Stock Research Links
Cheers!!