12 million products. No risk, all upside. What's there not

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redspeed charles2 #26815
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12 million products. No risk, all upside . What's there not to like?

If you are a creator/influencer this is excellent. This is free money.

btw, Verb said they would start marketing it in a couple of weeks. Sure looks like it's been a couple of weeks.

I posted before how much creators/influencers do or don't make. This is FREE money for an hour or less of time.

Oh and guess what? Verb doesn't have to spend money on marketing dollars. The influencers bring some of their 10's of thousand or some of their millions of followers over to Verb. That is the pure genius of Verb's Market. Someone else does the Marketing.

The one little issue with this whole thing is most investors have no clue what a creator/influencer is, nor how the creator economy works or how large it is. Maybe the one reason why the stock dipped?

I understand because I've worked in IT Marketing for years. In a different area of IT now as a consultant, but I still follow all the companies and the research.

For example TikTok was discuss here before and a number of times by me..

TIKTOK TAKES ON AMAZON, PLANS TO LAUNCH LIVE SHOPPING IN THE US WITH AMAZON-LIKE FULFILMENT CENTRES
OCT 13, 2022 12:47:47 IST

https://www.firstpost.com/tech/news-analysis/...40431.html

Remember when Facebook and Tiktok said they were stopping their internal pursuit of shoppable live streaming? The financial board terrorists went nutz talking about how Facebook and Tiktok realized there was no money in it.

These stupid insights are coming from jobless morons that don't know the industry and most of them so broke they have to do what they are doing now. As it turns out once again, 180 degrees and 100% wrong.

The surprising thing is Tiktok getting in the fulfillment business. That shocked me. That's a tough and mighty expensive nut to crack. Especially since they have this overhang called ByteDance. Maybe trying to backdoor into being a US Alibaba?

ByteDance Ltd. is a Chinese internet technology company headquartered in Beijing and incorporated in the Cayman Islands.

Yeah, that sound exactly like the type of company I want to give my credit info to. It's one thing for teens and 20 somethings to post videos, another thing to do eCommerce. We'll see how this shakes out with the US government. In my opinion to much PII and financial risk.

ByteDance does have the dough though...revenue: 58 billion USD

So what do we know?

1.) Very large company's are very much interested in Live Shopping in the US
2.) ByteDance and TikTok gonna start off with books like Amazon and TalkShopLive or was that ShopTalkLive?
3.) ByteDance going all in on soup to nuts fulfillment.

I better stop bagging on ByteDance and TikTok. If out of the blue they did something with Verb, I'd never hear the end of it.

28052020-tiktok.gif



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