I would speculate it's a number of factors
1. )You have institutions that were waiting for all the major products to be out there as they know that is when hypergrowth really begins. Now with VerbCRM, VerbTeams, VerbLearn, VerbLIVE, VerbMail, oh and Attribution all in play, institutions either are holding a full house or want in. If you are in the tech industry, you know how long it takes to build out that platform, but when you do, then the rest is relatively easy to build upon. Take Zoom as one example.
2.) You also have institutions that were waiting for confirmation that the products are taking off like we all expected. What Rory was referring to in the last video was one of the $1M customers that launched VerbLive globally.
That same customer launched VerbCRM last month globally. Both of those were announced at their convention at the end of March for a June 1 and a July 2 delivery. Verb was exactly on time with both those launches. I watched one of their training videos last night (hour long). That company is ecstatic. Why wouldn't they, they have 180,000 distributors that now have cutting edge sales tools. Oh, and every distributor can have the app since it's build into their annual cost.
What was interesting is they ran to global training sessions. One on July 1 and another on July 2. The night before the second one, a distributor asked why they can't just use TikTok as it's easier. Good question.
The EVP said...
"TikTok certainly doesn't pay commissions and certainly doesn't allow us to put our product on there and allow them to purchase from our own websites that we get immediate credit so yes are there other social platforms that maybe easier yes but they are not our business specific that we have done here..."
The question shows that a number of people don't understand technology. It would be like asking any can't I sell stuff using twitter because all I have to do is type 280 letters and don't have to think or do much else?
We'll how do you get all your products on Twitter? How do you select the right ones? How do you get paid?
I suppose a paper and pencil would be easier too, but not as effective.
Where was I?
3.) You have what I think is an explosion of new users using the tools that realize how effective they are, game changing as there isn't anything like it and are likely buying Verb for the first time
4.) Then you have the blue sky, trapdoor, portal Hot Stock Tip Giver Outers. $2B stock right now.
5.) You have dozens of wannabe flipper, swing traders and what have you all over youtube popping up like weeds with support levels and the $3 & $8, $40 lines that have no clue what Verb actually does except what they read on the Verb website for a few minutes
6.) You got the reddit meme gang
7.) Then you have smart retail investors that have done their DD like many here and know that even more is coming this month and throughout the rest of the year. The ones gearing up for the Microsoft flip may be very surprised as that is just the tip of what is going on and what is coming shortly. But everyone should do their own DD and not get it off of iHang.
1. )You have institutions that were waiting for all the major products to be out there as they know that is when hypergrowth really begins. Now with VerbCRM, VerbTeams, VerbLearn, VerbLIVE, VerbMail, oh and Attribution all in play, institutions either are holding a full house or want in. If you are in the tech industry, you know how long it takes to build out that platform, but when you do, then the rest is relatively easy to build upon. Take Zoom as one example.
2.) You also have institutions that were waiting for confirmation that the products are taking off like we all expected. What Rory was referring to in the last video was one of the $1M customers that launched VerbLive globally.
That same customer launched VerbCRM last month globally. Both of those were announced at their convention at the end of March for a June 1 and a July 2 delivery. Verb was exactly on time with both those launches. I watched one of their training videos last night (hour long). That company is ecstatic. Why wouldn't they, they have 180,000 distributors that now have cutting edge sales tools. Oh, and every distributor can have the app since it's build into their annual cost.
What was interesting is they ran to global training sessions. One on July 1 and another on July 2. The night before the second one, a distributor asked why they can't just use TikTok as it's easier. Good question.
The EVP said...
"TikTok certainly doesn't pay commissions and certainly doesn't allow us to put our product on there and allow them to purchase from our own websites that we get immediate credit so yes are there other social platforms that maybe easier yes but they are not our business specific that we have done here..."
The question shows that a number of people don't understand technology. It would be like asking any can't I sell stuff using twitter because all I have to do is type 280 letters and don't have to think or do much else?
We'll how do you get all your products on Twitter? How do you select the right ones? How do you get paid?
I suppose a paper and pencil would be easier too, but not as effective.
Where was I?
3.) You have what I think is an explosion of new users using the tools that realize how effective they are, game changing as there isn't anything like it and are likely buying Verb for the first time
4.) Then you have the blue sky, trapdoor, portal Hot Stock Tip Giver Outers. $2B stock right now.
5.) You have dozens of wannabe flipper, swing traders and what have you all over youtube popping up like weeds with support levels and the $3 & $8, $40 lines that have no clue what Verb actually does except what they read on the Verb website for a few minutes
6.) You got the reddit meme gang
7.) Then you have smart retail investors that have done their DD like many here and know that even more is coming this month and throughout the rest of the year. The ones gearing up for the Microsoft flip may be very surprised as that is just the tip of what is going on and what is coming shortly. But everyone should do their own DD and not get it off of iHang.
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