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  4. Verb Technology Company, Inc (VERB) Message Board

And lets hear about Adobe, Oracle and Oodo too!

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Post# of 32972
(Total Views: 605)
Posted On: 11/19/2021 4:42:56 PM
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Posted By: redspeed
Re: F12 #24358
And lets hear about Adobe, Oracle and Oodo too!

Whatever happened to the woodbooger that kept asking about Oodo?

Rory did give an update on the Microsoft. Quite a bit actually. The cross selling was something no one ask or discussed previously .

Oh and the new Professional Services Division no one has mentioned either.

"Our Professional Services Division represents a new and lucrative revenue stream for our direct sales software vertical. as we await the imminent release of verbMAIL Pro, the enterprise version of the integration of our interactive video feature set into Microsoft Outlook as well as the forthcoming release of verbMAIL for Google’s Gmail, we’re already seeing interest for large scale adoption by universities, well-known non-profit organizations, and believe it or not as well as the armed services."

"Okay. Let me start with the latter part of your question as it relates to the premium version and which—for Outlook, and we’ll also see a similar version coming out for Google’s Gmail. I still think there’s class just happens before the end of the year, I feel pretty confident about it. The enterprise version, the premium version, what we’ve done is we’ve built already an internal sales group dedicated to the enterprise sale. —and believe it or not, that is not all that difficult to sale because the market already exists. When I say the market already exists, what I’m talking about is, is the massively high percentage of large enterprise that are subscribers to Microsoft’s products, and in particular, Office 365."

"Also, as I touched on briefly in my comments, I think that as we’re bringing a lot of vendors on Marketplace, we think that there’s a great cross-selling opportunity there because anyone that is already—already embraces video as a means of communication and selling, they’re going to be all over being able to add that feature to their Outlook or their Gmail. That’s a big part of our strategy as well that we feel pretty confident about, again, based upon the feedback and the research that we’ve been doing."

"Now talking about the existing free version, I’ll tell you, we have—we put zero marketing dollars behind that because, look, our freemium version unlike other kinds of product’s freemium versions, there’s no advertising revenue that we’re going to expect to generate from it. We really put that out there frankly to create a great feedback loop, again, big on feedback loops to make sure that we’re enhancing the product and delivering the features and functionality that people will be willing to pay for."

"We don’t really have—I think we have—I think we have less than 1,000 people that have—that actually downloaded and are using the free version. Again, that’s just solely from me talking about it at conferences and on the earnings call, we put $0 into marketing behind that, as anybody looking at our stuff knows, there’s no ads out there, there’s nothing about—about verbMAIL. We’re saving the dollars for the pro version, which obviously makes sense, right. We want to get an ROI on our marketing spend. There’s no ROI in the free version."


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