Good morning, Marketeers! I can honestly say I
Post# of 32642
I can honestly say I am down gigantic money but have been been as positive as I currently am about OUR VERB's prospects. Here is my reasoning:
LIVE online e-commerce is the present and 1000% the future - WHY? Easy answer folks! Anyone that is going into business is eyeballing one thing - PROFIT! Think about the most expensive components that go into a successful business: Producing the actual product, transportation costs, brick and mortar stores (components to have an actual store open), taxes, etc. How much cost savings would be added to the profit margin if you eliminate the brick and mortar - no electricity costs, no rental fees, no employee payrolls, etc. Businesses like BBBY, Macy's, and many others own tons of real estate that would not be needed any longer. Save some for warehousing and sell or lease the rest - Amazon model anyone! It is absolutely a no brainer! Once a few more giants start going the Amazon model way, everyone else will follow. HELLO MARKET!
The second thing that many seem to forget or try to convince weak shareholders of is that Market is not very good! WE know that is absolute horseshit! Market in its current state is absolutely fabulous and future versions - endless possibilities! Even if Market was mediocre, it would still eventually be successful because there is going to be so much live online e-commerce traffic coming on board. Just because we built highways didn't mean side roads became obsolete. Not every live e-commerce business needs to be a higway to make money - it jsut so happens that Market is the Antobahn!
P.S. Please know what you own - I DO!