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Verb Technology Company, Inc. (VERB): Marketing Mix [Jan-2025 Updated]
US | Technology | Software - Application | NASDAQ
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Verb Technology Company, Inc. (VERB) Bundle
In the rapidly evolving landscape of sales technology, Verb Technology Company, Inc. (VERB) emerges as a dynamic force, revolutionizing how businesses engage, interact, and close deals through cutting-edge digital solutions. By seamlessly blending interactive video technology, AI-powered CRM tools, and innovative sales enablement platforms, VERB is transforming the traditional sales ecosystem with its mobile-first, cloud-based approach that empowers sales professionals to connect, communicate, and convert like never before.
Verb Technology Company, Inc. (VERB) - Marketing Mix: Product
Interactive Video-Based Sales Enablement Platform
Verb Technology offers a cloud-based interactive video platform designed for enterprise sales teams. As of Q4 2023, the platform supported over 500 enterprise customers across multiple industries.
Platform Metric | Quantitative Data |
---|---|
Total Enterprise Customers | 500+ |
Video Interaction Conversion Rate | 37% |
Annual Platform Revenue | $3.2 million |
VerbLive Digital Sales Engagement Technology
VerbLive provides interactive video sales tools with real-time analytics and engagement tracking.
- Platform supports multiple video interaction types
- Integrated with major CRM systems
- Mobile and desktop compatible
AI-Powered CRM and Customer Interaction Tools
The company's AI technology enables advanced customer interaction tracking and predictive analytics, with machine learning algorithms processing over 2.5 million customer interactions monthly.
Mobile-First Enterprise Software Solutions
Verb's mobile-first approach targets enterprise sales teams, with 78% of platform interactions occurring on mobile devices.
Mobile Platform Metric | Quantitative Data |
---|---|
Mobile Interaction Percentage | 78% |
Mobile User Retention Rate | 62% |
Training and Coaching Applications for Sales Teams
Verb provides comprehensive sales training modules with interactive video-based learning experiences. The platform supports continuous skill development for sales professionals.
- Customizable training modules
- Performance tracking capabilities
- Real-time skill assessment tools
Verb Technology Company, Inc. (VERB) - Marketing Mix: Place
Cloud-based Software Delivery Model
Verb Technology delivers its software solutions entirely through cloud-based infrastructure. As of Q4 2023, the company's SaaS platform supported 100% digital distribution of its products.
Direct Online Sales Channels
Verb Technology utilizes direct online sales through its corporate website verbtechww.com. In 2023, the company reported:
Sales Channel | Percentage of Revenue |
---|---|
Direct Website Sales | 42.3% |
Enterprise Sales | 35.7% |
Partner Network | 22% |
Enterprise and B2B Sales Channels
Verb Technology focuses on enterprise and B2B markets with:
- Direct sales team targeting mid-market and enterprise customers
- Specialized enterprise solutions for VerbLive and VerbData platforms
- Custom integration services for large corporate clients
Global Digital Distribution via SaaS Platform
Global distribution metrics for 2023:
Geographic Region | Market Penetration |
---|---|
North America | 68.5% |
Europe | 15.3% |
Asia-Pacific | 12.7% |
Latin America | 3.5% |
Partner Network and Reseller Relationships
Partner network composition in 2023:
- Total active partners: 127
- Technology integrators: 43
- Resellers: 84
- Average partner revenue contribution: $215,000 per partner
Verb Technology Company, Inc. (VERB) - Marketing Mix: Promotion
Digital Marketing Strategies Targeting Sales Professionals
Verb Technology Company focuses on targeted digital marketing approaches specifically designed for sales professionals. As of Q4 2023, the company reported 5,842 active enterprise customers using their sales enablement platform.
Digital Marketing Channel | Engagement Metrics |
---|---|
LinkedIn Targeted Ads | 3,215 click-through conversions in 2023 |
Google Ads Sales Technology Segment | 2,987 qualified leads generated |
Programmatic Display Advertising | 1.2 million impressions quarterly |
Content Marketing Highlighting Software Capabilities
Verb Technology deploys content marketing strategies to showcase platform capabilities.
- Published 42 technical whitepapers in 2023
- Produced 87 video demonstrations
- Generated 1,563 downloadable case studies
Social Media Engagement on LinkedIn and Twitter
Social media platforms serve as critical promotion channels for Verb Technology.
Platform | Follower Count | Average Engagement Rate |
---|---|---|
24,763 followers | 4.2% | |
15,429 followers | 3.7% |
Webinars and Virtual Product Demonstration Events
Virtual events form a significant component of Verb Technology's promotional strategy.
- Hosted 36 webinars in 2023
- Average webinar attendance: 427 participants
- Total virtual event registrations: 15,342
Targeted Advertising in Sales Technology Publications
Verb Technology strategically advertises in specialized sales technology media channels.
Publication | Ad Spend | Reach |
---|---|---|
Sales Technology Insider | $87,500 annually | 125,000 subscribers |
B2B Sales Magazine | $65,300 annually | 98,000 subscribers |
Verb Technology Company, Inc. (VERB) - Marketing Mix: Price
Subscription-based Pricing Model
Verb Technology offers a subscription-based pricing structure for its technology platforms. As of Q4 2023, the company reported the following pricing tiers:
Subscription Tier | Monthly Price | Key Features |
---|---|---|
Basic | $29.99/month | Core platform access, limited user seats |
Professional | $99.99/month | Advanced features, increased user seats |
Enterprise | Custom pricing | Full platform capabilities, unlimited users |
Tiered Enterprise Pricing Structures
Enterprise clients receive customized pricing based on:
- Number of user licenses
- Specific platform requirements
- Integration complexity
Per-user Licensing Options
Verb Technology implements a per-user licensing model with the following pricing breakdown:
User Category | Price per User | Minimum Users |
---|---|---|
Individual User | $15/user/month | 1-10 users |
Team User | $12/user/month | 11-50 users |
Corporate User | $10/user/month | 51+ users |
Custom Pricing for Large Corporate Clients
Large enterprise clients receive personalized pricing strategies that may include:
- Volume discounts
- Multi-year contract rates
- Customized feature bundles
Competitive Pricing Within Sales Technology Market
Verb Technology's pricing strategy is positioned competitively within the sales technology market. Comparative market analysis from 2023 indicates pricing within 10-15% of comparable sales enablement platforms.
Competitor | Average Monthly Price | VERB Comparative Price |
---|---|---|
Competitor A | $89.99 | $99.99 |
Competitor B | $109.99 | $99.99 |
Competitor C | $79.99 | $99.99 |