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

“This is an extraordinary business building rela

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Post# of 32970
(Total Views: 282)
Posted On: 03/27/2024 1:30:16 PM
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Posted By: redspeed
Quote:
“This is an extraordinary business building relationship we have developed with TikTok and our team is committed to working hard to exceed all expectations, notwithstanding the fact that those expectations are running pretty high right now.”



I think extraordinary sums it up nicely. Below I tried to layout the revenue generation in a list form. What are your favorites?

Revenue Generators

1.) TikTok Shop sponsored studio rentals
2.) Paid-for “day pass” for use of MARKET.live studio services by TikTok creators, influencers and affiliates
3.) MARKET.live monthly recurring fees, paid directly to MARKET.live by the brands, retailers, influencers and affiliates referred to MARKET.live by TikTok.
4.) MARKET.live will receive a percentage of monthly revenue generated through the TikTok stores MARKET.live establishes for the brands, retailers, influencers and affiliates that TikTok Shop refers to MARKET.live.
5.) MARKET.live studios as TikTok “Sample Centers” where TikTok creators will have access to product samples for use in their TikTok Shop videos produced at MARKET.live studios. In addition to the compensation referenced above,
6.) TikTok will compensate MARKET.live directly for the attainment of certain pre-established performance goals and objectives agreed-to between the parties.
7.) Comprehensive pricing packages (Menu of Paid Services) encompassing shop operations, performance marketing, affiliate management, live stream production, and content creation, empowering brands and creators to thrive in the dynamic world of livestream shopping.

Menu of Paid Services

A.) Assistance in onboarding to TikTok and establishing a TikTok store
B.) Hosting training sessions and webinars for prospective TikTok Shop sellers
C.) Studio space rental in both the West Coast and East Coast MARKET.live studios
D.) Content creation
E.) Production services
F.) TikTok Shop maintenance
E.) Enhancements to existing TikTok Shop seller stores


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