VERB’s MARKET.live Unveils Major TikTok Shop Technology Expansion
20 Giugno 2024 - 2:30PM
Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), the trailblazing force behind MARKET.live, is thrilled
to announce a first-of-its-kind groundbreaking expanded tech
integration with TikTok Shop, empowering TikTok Shop creators and
brands to offer custom merchandise directly through their TikTok
shop, utilizing their TikTok Shop handle, without the burden of
inventory management costs. Utilizing this new tech, TikTok Shop
sellers can produce and sell custom bespoke inventory on-demand, on
a per order basis, as and when a customer places the order,
eliminating odd-lot inventory costs, breakage, and other inventory
management expenses. This exciting new expansion of VERB’s
technology integration with TikTok Shop is expected to result in
increased margins and increased profits for TikTok Shop sellers
working with MARKET.live, as well as increased revenue for VERB.
This technology integration with TikTok Shop marks a significant
leap in social commerce.
Among the first to launch this new technology is well-known
motivational speaker, author, entrepreneur, philanthropist and all
around media maven, David Meltzer, who immediately embraced this
cutting-edge technology for his TikTok Shop to service his
impressive 880K+ followers. Using this technology during his
livestreams, David Meltzer will now be able to simply toggle on a
button in his dashboard and offer custom branded merchandise, such
as T-Shirts, hats, and other branded merchandise for sale to his
fans and followers without incurring any inventory carrying
costs.
Sellers using this new tech need not struggle with trying to
predict how many items of a particular size or a particular color
they need to buy and store in inventory in the hope that those are
the items that are eventually purchased. This seamless selling
experience allows TikTok creators, brands and other sellers to
monetize their customer and fan base in a much more effective and
profitable manner.
"We are excited to unveil this revolutionary expanded
integration with TikTok Shop," states Rory J. Cutaia, VERB CEO. "By
eliminating the costs and difficulties associated with inventory
management and control, we’ve essentially eliminated the barriers
to entry for tens of thousands of creators that seek to capitalize
on the enormous potential that livestream shopping represents,
particularly on TikTok."
For more information, please visit
MARKET.live or follow the latest updates
on social media.
Follow MARKET.live here:
- MARKET.live on
Facebook
- MARKET.live on
TikTok
- MARKET.live on
Instagram
- MARKET.live on
LinkedIn
- MARKET.live on
YouTube
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB) is a market leader
in interactive video-based sales applications. The Company’s
MARKET.live platform is a multi-vendor, multi-presenter, livestream
social shopping destination at the forefront of the convergence of
ecommerce and entertainment, where hundreds of retailers, brands,
creators and influencers can monetize their base of fans and
followers across social media channels. Brands, retailers and
creators that join MARKET.live have the ability to broadcast
livestream shopping events simultaneously on numerous social media
channels, including TikTok, Facebook, Instagram, among others, as
well as on MARKET.live, reaching exponentially larger audiences.
Creators and entrepreneurs that join MARKET.live’s drop ship
program and TikTok affiliate program can earn income selling
products from popular MARKET.live retailers. The Company is
headquartered in Las Vegas, NV and operates creator studios in Los
Alamitos, California and Philadelphia, PA.
FORWARD-LOOKING STATEMENTS This
communication contains "forward-looking statements" as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve risks and uncertainties and
include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or
achievements. Investors are advised to review filings with the
Securities and Exchange Commission for additional information on
the risks and uncertainties associated with forward-looking
statements.
Investor
Relations: investors@verb.techMedia
Contact: info@verb.tech
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