Featuring over 30 brands and retailers for ‘3 Days of Peace, Love and Live Shopping’
NEWPORT BEACH, Calif., June 30, 2022 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”)the leader in interactive video-based sales enablement applications, including buyable live video, announces that from July 26-28 it will host store party, a live, interactive shopping festival featuring some of America’s most popular brands. The festival marks the official launch of Verb’s MARKET platform. MARKET is a new social shopping and live e-commerce platform that represents the true convergence of live entertainment and shopping, ushering in a new era of online shopping and e-commerce.
Shopfest will feature over 30 brands and retailers, including iconic American luxury fashion brands such as Halstoncelebs’ favorite jewelry on the red carpet Judith Ripcaartisan brand of home and collectibles Longberger, celebrity chef david burque, and many others. In addition, there are over 200 interactive and shoppable stores to explore, some or all of which host their own live shop events or have VOD recordings of their previous live shop events – all of which remain searchable and shoppable on MARKET 24/7.
In addition to participating in a one-of-a-kind shopping experience, shoppers who shop during Shopfest will also have the chance to give back. MARKET has partnered with non-profit Bon360the world’s leader in product philanthropy and targeted donations for the three-day festival, where shoppers can donate directly as part of the live shopping experience or round up their purchases to the next dollar, all proceeds being donated to Good360.
“We’re thrilled to unveil the MARKET live shopping experience to the world during Shopfest,” says Rory J. Cutaia, CEO of VERB. “Building on all the excitement surrounding the 3-day event , we’ll be revealing more Festival attendees each week – and yes, we’re expecting there to be some fun surprises to look forward to.”
MARKET is a 24/7, multi-vendor live shopping platform designed to simultaneously host live shopping sessions by consumer brands, big box stores, boutiques, celebrities, content creators and influencers selling products and services in many categories. Live e-commerce has evolved rapidly in China and, in less than five years, has become a new sales channel that is expected to reach $423 billion this year. While the United States has only recently been exposed to over-the-air shopping, it has already grown to over $25 billion and growth rates are accelerating. VERB’S MARKET will provide US retailers with the most comprehensive online shopping and live streaming platform available today.
RSVP to store party to participate in the cash giveaways event and other sweepstakes at https://shopfest.market.live/.
Verb Technology Company, Inc. (Nasdaq: VERB), the market leader in video-based interactive sales applications, is transforming the way businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology and includes a suite of subscription-based sales enablement software products. Its software applications are used by hundreds of thousands of people in more than 100 countries and in more than 48 languages. VERB’s customers include large sales-based companies as well as small business sales teams, including professional sports team sales and marketing departments. Of note is its upcoming MARKET, a multi-vendor, multi-presenter, live social shopping platform at the forefront of e-commerce and entertainment convergence. With approximately 170 employees, the company is headquartered in American Fork, Utah, and also has offices in Newport Beach, California.
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