My bet is, it will. Let's not forget how new VerbL
Post# of 32993
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Posted On: 11/19/2021 2:15:12 PM
My bet is, it will. Let's not forget how new VerbLIVE and Verb Attribution are. Before that, the products were good, but not going to generate crazy revenue.
What was VerbCRM selling for? $1 or $2 a user if that? VerbLIVE commands a higher pricetag and Attribution drives adoption. I would believe Verb has even raised their pricing for VerbCRM. The Penny app is $6.99/mo and that is for the "individual consultants looking to scale their business even faster". Enterprise price is always higher and that doesn't even have Live Streaming Video.
So let's say Penny Enterprise is $9.99 or $11.99/mo without streaming. What should Verb ask? Then take that number and multiply by as many users you think Verb has or will add.
Keep in mind Verb isn't selling this one seat at a time which is the beauty of targeting direct sales companies. The downside is they are not as predictable as other enterprises which makes forecasting a bit of a challenge.
If Verb could say we expect to grow VerbCRM with VerbLIVE x percent each quarter, the valuation would come.
With the backlog of VerbLIVE for even just existing customers, revenues should continue to climb.
I am pretty, pretty, pretty sure if they have reasonable success with MarketPlace out of the gate, then you'll start to see the comparisons to WhatNot pretty quickly that has a $1.5B valuation.
Verb keeps taking in revenue, everyone will be happy
Oh and one big difference between Verb and most companies is, we got the klingon meme gang following us. Makes for a fun ride.
What was VerbCRM selling for? $1 or $2 a user if that? VerbLIVE commands a higher pricetag and Attribution drives adoption. I would believe Verb has even raised their pricing for VerbCRM. The Penny app is $6.99/mo and that is for the "individual consultants looking to scale their business even faster". Enterprise price is always higher and that doesn't even have Live Streaming Video.
So let's say Penny Enterprise is $9.99 or $11.99/mo without streaming. What should Verb ask? Then take that number and multiply by as many users you think Verb has or will add.
Keep in mind Verb isn't selling this one seat at a time which is the beauty of targeting direct sales companies. The downside is they are not as predictable as other enterprises which makes forecasting a bit of a challenge.
If Verb could say we expect to grow VerbCRM with VerbLIVE x percent each quarter, the valuation would come.
With the backlog of VerbLIVE for even just existing customers, revenues should continue to climb.
I am pretty, pretty, pretty sure if they have reasonable success with MarketPlace out of the gate, then you'll start to see the comparisons to WhatNot pretty quickly that has a $1.5B valuation.
Verb keeps taking in revenue, everyone will be happy
Oh and one big difference between Verb and most companies is, we got the klingon meme gang following us. Makes for a fun ride.
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