Didn't know snake oil was a company business sect
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Posted On: 02/07/2021 6:24:19 PM
Didn't know snake oil was a company business sector
Didn't see it on the slide
Direct sales and indirect sales
I purchased $3M over the last year. What most don't know is everyone wants a cut. The company selling of course who sells to a distributor like an Ingram Micro, who sells to a supplier like CDW.
What if you could cut out the middlemen?
With direct sales and indirect sales?
Yeah the non digital side was a distraction, but a means to an end
Direct sales is so core to everything Verb is doing
I know you are mostly referring to MLM. What we learned the last few years is companies you would have never thought that were into Direct sales are. I for one had no idea.
You know why?
Cut out the middleman
If stuff is going to get marked up, why give it to big corporations?
Why not the little guy...
Remember Facebook Live is direct sales, but no built in way to monetize.
" This first one is another industry first, an amazing verbLIVE feature we’ve kept under wraps until now, and, yes, I’ve been severely criticized for oversharing or sharing too soon, I’ve heard some say I’ve hyped products, but, look, if I’m genuinely excited as heck about things we’re working on to bring to market and I want to share it with my co-owners, that’s not hype, that’s just honesty, that’s just transparency, which many investors just find hard to recognize. So, I probably shouldn’t say anything until it’s already in the market generating millions of dollars, but, honestly, I just can’t wait anymore to share it. So, say what you will, here we go.
We call this our attribution feature, and let me tell you why it matters, why I call it one of the hyper-growth initiatives for Verb, and I credit our own McKinley Oswald with the original idea for this one. So, picture this. Suppose I’m planning on hosting a verbLIVE event to promote a book and sell my new book, okay, which I definitely will write at some point. So, I send a verbLIVE invite to all my contacts and I’ll post on social media to attract the largest audience I can, but my list of contacts isn’t that big, nor is my social media following, but I know a few big-name influencers with massive followings. So, with our new attribution feature, I can call them and say, “Hey, you know what? I don’t really have a big, gigantic, massive following.” So, I want to sell my book. I’m going to call a few big-time influencers that I know that have these massive followings, right, and with our new attribution feature, I’m going to say, “Look, share my book sale verbLIVE event with all your followers and I’m going to pay you a percentage of each book sale made to each of your followers that joins my verbLIVE event and buys my book.” Okay? Isn’t that cool, right? Now, think about that. Now, think about it in the context of direct sales companies. So, I’ll host an event. All the members of my team will invite their prospects to watch it, and my team members get credit for every sale to their prospects that they invited to my event, right? Powerful."
Industry first...
Indirect sales
Not many really understand the ramification of what Rory said, but most will this year
red, wouldn't indirect sales have middlemen?
yup, but in a different way
A big different way
How so red?
First of all, there is just one level unlike the $3M real world example above
If some view MLM as a bad thing, what do you call MLS?
Where you have a manufacturer, tat sells to a company that sells to a distributor, that sells to a suppler, that sells to you
Then you realize you impulse bought and try to sell it on Facebook Live
You ever wonder why many like to buy at a farmer's market or a roadside vendor?
Things are changing fast...
Any one watching the pregame stuff?
red you mean, Joan Jett and Miley Cyrus?
Old cat, young cat?
Not that, but I like the song...
I was referring to how the announcers JB and Boomer are in the TV commercials
So, red, they have a side gig...
Naw, they did it like they never left the set
The turbo tax and a couple of ones were embedded in the show
You see that on entertainment tonight TV show
First time I saw it, I was thinking, wow this product got on that show
Next time I saw it I was thinking, hmmm
Seems a little like a QVC pitch
You are going to see a lot more of it
You know why, people don't get up to grab a Twinkie
They don't realize a commercial kicked in
Plus the upside is you are already watching people in a show, I would guess you like or you wouldn't be watching it
No, I don't think there will be a spin off
Just the opposite
SAP forces the pace on cloud, buys $2.4 billion U.S. software firm
https://www.reuters.com/article/us-sap-se-res...SKBN1FJ0SB
You know what Callidus had that SAP didn't?
A direct sales solution
You know what most of the top dogs are missing?
A direct sales solution red?
Yeah, that and an industry first indirect sales solution
I am watching institutions load up, but I don't think they even know the half of it...
Time to watch old dog, new dog...
Who is going to win?
Didn't see it on the slide
Direct sales and indirect sales
I purchased $3M over the last year. What most don't know is everyone wants a cut. The company selling of course who sells to a distributor like an Ingram Micro, who sells to a supplier like CDW.
What if you could cut out the middlemen?
With direct sales and indirect sales?
Yeah the non digital side was a distraction, but a means to an end
Direct sales is so core to everything Verb is doing
I know you are mostly referring to MLM. What we learned the last few years is companies you would have never thought that were into Direct sales are. I for one had no idea.
You know why?
Cut out the middleman
If stuff is going to get marked up, why give it to big corporations?
Why not the little guy...
Remember Facebook Live is direct sales, but no built in way to monetize.
" This first one is another industry first, an amazing verbLIVE feature we’ve kept under wraps until now, and, yes, I’ve been severely criticized for oversharing or sharing too soon, I’ve heard some say I’ve hyped products, but, look, if I’m genuinely excited as heck about things we’re working on to bring to market and I want to share it with my co-owners, that’s not hype, that’s just honesty, that’s just transparency, which many investors just find hard to recognize. So, I probably shouldn’t say anything until it’s already in the market generating millions of dollars, but, honestly, I just can’t wait anymore to share it. So, say what you will, here we go.
We call this our attribution feature, and let me tell you why it matters, why I call it one of the hyper-growth initiatives for Verb, and I credit our own McKinley Oswald with the original idea for this one. So, picture this. Suppose I’m planning on hosting a verbLIVE event to promote a book and sell my new book, okay, which I definitely will write at some point. So, I send a verbLIVE invite to all my contacts and I’ll post on social media to attract the largest audience I can, but my list of contacts isn’t that big, nor is my social media following, but I know a few big-name influencers with massive followings. So, with our new attribution feature, I can call them and say, “Hey, you know what? I don’t really have a big, gigantic, massive following.” So, I want to sell my book. I’m going to call a few big-time influencers that I know that have these massive followings, right, and with our new attribution feature, I’m going to say, “Look, share my book sale verbLIVE event with all your followers and I’m going to pay you a percentage of each book sale made to each of your followers that joins my verbLIVE event and buys my book.” Okay? Isn’t that cool, right? Now, think about that. Now, think about it in the context of direct sales companies. So, I’ll host an event. All the members of my team will invite their prospects to watch it, and my team members get credit for every sale to their prospects that they invited to my event, right? Powerful."
Industry first...
Indirect sales
Not many really understand the ramification of what Rory said, but most will this year
red, wouldn't indirect sales have middlemen?
yup, but in a different way
A big different way
How so red?
First of all, there is just one level unlike the $3M real world example above
If some view MLM as a bad thing, what do you call MLS?
Where you have a manufacturer, tat sells to a company that sells to a distributor, that sells to a suppler, that sells to you
Then you realize you impulse bought and try to sell it on Facebook Live
You ever wonder why many like to buy at a farmer's market or a roadside vendor?
Things are changing fast...
Any one watching the pregame stuff?
red you mean, Joan Jett and Miley Cyrus?
Old cat, young cat?
Not that, but I like the song...
I was referring to how the announcers JB and Boomer are in the TV commercials
So, red, they have a side gig...
Naw, they did it like they never left the set
The turbo tax and a couple of ones were embedded in the show
You see that on entertainment tonight TV show
First time I saw it, I was thinking, wow this product got on that show
Next time I saw it I was thinking, hmmm
Seems a little like a QVC pitch
You are going to see a lot more of it
You know why, people don't get up to grab a Twinkie
They don't realize a commercial kicked in
Plus the upside is you are already watching people in a show, I would guess you like or you wouldn't be watching it
No, I don't think there will be a spin off
Just the opposite
SAP forces the pace on cloud, buys $2.4 billion U.S. software firm
https://www.reuters.com/article/us-sap-se-res...SKBN1FJ0SB
You know what Callidus had that SAP didn't?
A direct sales solution
You know what most of the top dogs are missing?
A direct sales solution red?
Yeah, that and an industry first indirect sales solution
I am watching institutions load up, but I don't think they even know the half of it...
Time to watch old dog, new dog...
Who is going to win?
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