Florida-based nutraceutical company seeks to increase customer engagement and drive sales
conversion rate by deploying VERB’s powerful interactive video-based sales tools
MIRAMAR, FL, and NEWPORT BEACH, Calif., July 25. 12, 2022 (GLOBE NEWSWIRE) — Stemtech Corporation (“Stemtech”) (OTCQB:STEK), an innovative nutraceutical company and pioneer in the field of stem cell nutrition, today announced that Stemtech has adopted a suite of software solutions enablement software, developed by Verb Technology Company, Inc. (Nasdaq: VERB), including verbCRM, VERB’s white-labeled video-based interactive customer relationship management application, and verbLIVE, commerce VERB’s live interactive electronics and purchasable video and webinar application, for use in direct selling and communications with customers and prospects through its Independent Business Partner (IBP) network.
Stemtech specializes in creating patent-protected products and formulas in the United States and international markets. Its patented formulas aid in the release, circulation and migration of the body’s adult stem cells from its bone marrow. Its 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 has a history of innovation, was first to market in the stem cell nutrition category, and has been recognized by the Inc. 5000 Fastest-Growing Companies list four times. Stemtech’s primary marketing and distribution channel is through a direct sales structure, which provides additional and residual revenue potential for IBPs.
VERB is the leader in interactive video-based sales enablement applications, including interactive live e-commerce and shoppable video, webinars, CRM, and marketing applications for businesses and entrepreneurs., verbCRM , VERB’s interactive, video-based content management and customer relationship system, will be used as a sales tool by Stemtech’s IBPs to market its products, acquire new customers and strengthen relationships with existing customers. The platform allows users to easily manage, share directly with customers and prospects and via social media, and track interactive content, such as product literature and media, how-to videos, and videos. personalized. It provides interaction analytics so IBPs can determine what content resonates with their prospects and gauge overall customer engagement and campaign effectiveness. This allows IBPs to focus their time and energy more effectively on high-probability sales leads who have shown interest, thereby increasing their sales conversion rates. Stemtech’s verbCRM implementation also includes VERB’s Business Tiles functionality, which integrates verbCRM directly into Stemtech’s back-office systems, allowing IBPs to access relevant key reports and metrics to improve their creative efforts. natively on the verbCRM application. verbLIVE, VERB’s powerful interactive live e-commerce application, will be used by IBPs to engage directly with customers and prospects in live video sessions that allow viewers to quickly purchase, receive additional information on products, book appointments and access other customizable interactive features via video-buttons.
“We are committed to supporting and strengthening Stemtech’s vast network of Independent Business Partners by equipping them with the latest and greatest digital technology sales tools available,” said John W. Meyer, President and CEO of Stemtech. operation of Stemtech. “With VERB’s sales enablement apps, our IBPs will be able to capitalize on our social media assets and content and engage more effectively with customers and prospects via live video to bolster our efforts. customer acquisition and increase sales conversion rates.”
Stemtech’s Vice President of Global Performance, Sandra Kazickaite, said, “Our selected IBPs in the field who beta tested the new ‘Stemtech Advance Office’ mobile app, powered by VERB, have been very successful and we we are all excited to launch it soon. »
“We are thrilled to include Stemtech among the forward-thinking companies that have adopted VERB’s interactive video and live streaming technology to increase their sales,” said Rory J. Cutaia, CEO of VERB. “VERB has developed a suite of easy-to-use products that create a frictionless, fun, social, and video-based selling experience to improve customer engagement, while providing real-time viewer engagement analytics to more effective follow-ups that drive sales conversion rates.We’re proud to be Stemtech’s technology partner to help empower Independent Business Partners with industry-leading sales enablement tools.
About Stemtech Corporation
Stemtech Corporation, a leading nutraceutical company with a direct sales distribution model, was founded on April 18, 2018, after acquiring the business of its predecessor Stemtech International, Inc. which was founded in 2005. From 2010 to 2015 , Stemtech International, Inc., has been recognized on the Inc. 5000 Fastest-Growing Companies list four times. In 2018, the Company underwent an extensive management reorganization and continued operations under new management. Stemtech specializes in creating products and formulas protected by patents in the United States and certain international markets. The company’s patented formulas promote the release, circulation and migration of the body’s adult stem cells from its bone marrow. The Company markets its products under the following brands: RCM System, stemrelease3™, Stemflo® MigraStem, OraStem® (Oral Health Care) and D-Fuze™ (EMF blocker). Its products are all-natural and plant-based and manufactured under cGMP (Current Good Manufacturing Practices) under the auspices of the Dietary Supplement Health and Education Act (DSHEA). For more information, please visit www.stemtech.com.
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 60 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. MARKET is VERB’s multi-vendor, multi-presenter, live social shopping platform at the forefront of e-commerce and entertainment convergence. With approximately 180 employees, the company is headquartered in Lehi, Utah, and also has offices in Newport Beach, California.
For more information, visit: www.verb.tech.
This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements identified by words such as “believes ‘, ‘expects’, ‘plans’, ‘estimates’, ‘intends’, ‘plans’, ‘target’, ‘projects’ and similar expressions. The statements in this release are based on the current beliefs and expectations of the management of our company and are subject to significant risks and uncertainties. Actual results may differ from those set forth in forward-looking statements. Many factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, challenges inherent in new product development initiatives, the effect any competing products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is needed to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any government review of our products or practices, and other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q report filed May 16, 2022. We assume no obligation to update any forward-looking statements or information contained in this press release. e or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Stemtech Corporation that are tolerated by the Company must come from the Company itself and bear our name as the source.
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