Good guesses although I don't think NuSkin has been a customer for awhile. I don't remember if they were ever an app customer, but their current apps as a bunch of issues.
But don't worry, if you are a Nu Skin app user and need support you can email that at nuskindsp@gmail.com
I know what you are thinking, what developing company can't afford a $10/yr domain? Yeah, I was thinking 1000 liner dude too.
The customer signed up for Verb about 6 months ago so Shaklee would fit the bill.
Rory talked about this VerbLIVE customer on the last conference call 5 weeks ago.
"One of the first customers to whom we offered an extended free trial of verbLIVE has now become our largest subscriber yet, that we expect to generate up to $1 million a year of SaaS recurring revenue, much of which we will recognize and report this year."
Let's see if he's able to say more yet.
While the customer is already talking about their new "rocket fuel" for over a month now, sometimes as the vendor, you may want to make an announcement after a launch.
I know when Verb makes customer announcements, I am always poking around looking at how successful the launch went as I assume they are already live and not something they are going to do in the future.
Who'da thunk VerbLIVE selling at $10 a person would generate a million dollar sale with the SaaS gift that keeps on giving?
Oh and if I remember right Shaklee was a good example of a company that WAS doing their technology in-house and swallowed the tough pill and recognized, they can't do it as well as a SaaS company.
That is something I explain A LOT. Why would a company be able to develop an app internally with everything you want for a fraction of what a SaaS company has invested in and continues to invest spreading the cost across many customers.
Nu Skin app is likely developed by a backend provider so maybe a cheap way to go.
It's like taking your car in for repairs and finding the mechanic only has a screw driver and plyers because real tool were to expensive.
It's like going to a neighbors for a BBQ and he is using his fingers to flip burgers
It's like...
as theses customers see their peer companies and competitors revenue grow by using real tool, they likely will be back.
"we had a client decide to save money and not renew and they currently have no app for their sales people, and another go to a far cheaper vanilla app lacking all of the features sales people have come to rely on in our app. We assume these are all COVID-related and we expect some of the larger ones still in business will return as clients, especially drawn by our new verbLIVE and that attribution feature that I spoke about a minute ago."
But don't worry, if you are a Nu Skin app user and need support you can email that at nuskindsp@gmail.com
I know what you are thinking, what developing company can't afford a $10/yr domain? Yeah, I was thinking 1000 liner dude too.
The customer signed up for Verb about 6 months ago so Shaklee would fit the bill.
Rory talked about this VerbLIVE customer on the last conference call 5 weeks ago.
"One of the first customers to whom we offered an extended free trial of verbLIVE has now become our largest subscriber yet, that we expect to generate up to $1 million a year of SaaS recurring revenue, much of which we will recognize and report this year."
Let's see if he's able to say more yet.
While the customer is already talking about their new "rocket fuel" for over a month now, sometimes as the vendor, you may want to make an announcement after a launch.
I know when Verb makes customer announcements, I am always poking around looking at how successful the launch went as I assume they are already live and not something they are going to do in the future.
Who'da thunk VerbLIVE selling at $10 a person would generate a million dollar sale with the SaaS gift that keeps on giving?
Oh and if I remember right Shaklee was a good example of a company that WAS doing their technology in-house and swallowed the tough pill and recognized, they can't do it as well as a SaaS company.
That is something I explain A LOT. Why would a company be able to develop an app internally with everything you want for a fraction of what a SaaS company has invested in and continues to invest spreading the cost across many customers.
Nu Skin app is likely developed by a backend provider so maybe a cheap way to go.
It's like taking your car in for repairs and finding the mechanic only has a screw driver and plyers because real tool were to expensive.
It's like going to a neighbors for a BBQ and he is using his fingers to flip burgers
It's like...
as theses customers see their peer companies and competitors revenue grow by using real tool, they likely will be back.
"we had a client decide to save money and not renew and they currently have no app for their sales people, and another go to a far cheaper vanilla app lacking all of the features sales people have come to rely on in our app. We assume these are all COVID-related and we expect some of the larger ones still in business will return as clients, especially drawn by our new verbLIVE and that attribution feature that I spoke about a minute ago."
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