Why It Jumped Up 15.07% Today
- The stock price of Verb Technology Company Inc (VERB) increased by 15.07% today. This is why.
The stock price of Verb Technology Company Inc (VERB) – an innovative nutraceutical company and a pioneer in the field of stem cell nutrition – increased by 15.07% today. Investors responded positively to Stemtech Corporation announcing that Stemtech has adopted a suite of sales enablement software solutions, developed by Verb Technology Company, including verbCRM, VERB’s white-labeled interactive video-based customer relationship management application, and verbLIVE, VERB’s interactive livestream eCommerce and shoppable video and webinar application, for use in direct selling and customer and prospect communications by its network of Independent Business Partners (IBPs).
Stemtech specializes in creating products and formulas that are patent protected in the U.S. and international markets. And its patented formulas help the release, circulation and migration of the body’s adult stem cells from its bone marrow. The products are all-natural, plant-based, and manufactured under cGMP (Current Good Manufacturing Practices) under the auspices of the Dietary Supplemental Health and Education Act (DSHEA). Stemtech’s primary marketing and distribution channel are through a direct sales structure, which offers supplemental and residual income-earning potential to IBPs.
VERB is the leader in interactive video-based sales enablement applications, including interactive livestream eCommerce and shoppable video, webinar, CRM, and marketing applications for enterprises and entrepreneurs., verbCRM, VERB’s interactive video-based customer relationship and content management system, will be used as a selling tool by Stemtech’s IBPs in marketing its products, acquiring new customers, and strengthening existing customer relationships. And the platform allows users to easily manage, share directly with customers and prospects and through social media, and track interactive content, such as product literature and media, demo videos, and personalized videos.
Plus it provides interaction analytics so IBPs can determine which content is resonating with their prospects and assess overall customer engagement and campaign effectiveness. And this enables IBPs to focus their time and energy more effectively on high-probability sales prospects who have shown interest, thereby increasing their sales conversion rates.
Stemtech’s verbCRM implementation also includes VERB’s Business Tiles feature, which integrates verbCRM directly into Stemtech’s back-office systems, allowing IBPs access to key reports and metrics relevant to improving their business-building efforts natively on the verbCRM app. And verbLIVE, VERB’s powerful interactive livestream e-commerce application, will be used by IBPs to engage directly with customers and prospects during live video sessions that allow viewers to quickly buy, receive additional product information, set up appointments, and access other customizable interactive features through clickable in-video buttons.
KEY QUOTES:
“We are dedicated to supporting and empowering Stemtech’s expansive network of Independent Business Partners by equipping them with the most current and best-in-class digital technology sales tools available. With VERB’s sales enablement applications, our IBPs will be able to capitalize on our social media assets and content and more effectively engage with customers and prospects via livestream video to bolster our customer acquisition efforts and increase sales conversion rates.”
— John Meyer, President and COO of Stemtech
“Our select Field IBP’s who have been beta testing the new mobile app ‘Stemtech Advance Office’, powered by VERB, has been very successful and we are all most excited to launch shortly.”
— Stemtech’s Vice President of Global Performance Sandra Kazickaite
“We are thrilled to include Stemtech among the forward-thinking companies that have embraced VERB’s interactive video and livestreaming technology to grow sales. VERB has developed a suite of easy-to-use products that create a friction-free, fun, social, and video-based sales experience to enhance customer engagement, while providing real-time viewer engagement analytics for more effective follow-ups that drive sales conversion rates. We are proud to be Stemtech’s technology partner to help empower its Independent Business Partners with industry-leading sales enablement tools.”
— Rory Cutaia, CEO of VERB
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
Gloss