18 months ago October 23, 2019
Dear Venzee Friends & Family,
As you may have seen, yesterday we announced the addition of two new revenuegenerating
"Fortune 1000" clients.
While two isn't a huge number, here is why this news is a Big Deal:
- Both clients are high volume, global manufacturers;
- One client is a head to head take away against a well-funded rival;
- Both clients were added through our Partner Engagement sales model;
- Both clients will advantage our sales efforts in specific, targeted, industry verticals.
These clients will begin adding revenue-producing Retail Channels in stages for the
foreseeable future.
Revenue Focus
Venzee operates as a SaaS-based revenue model. We make incrementally more
money, on a recurring monthly basis, with each Retail Connection our clients add.
At present, we have more than 160 Retail Channels available and are on pace to
achieve our goal of integration with all 250 of the top global retailers, as identified in
Deloitte’s annual retail ranking (Global Powers of Retailing 2019, Deloitte Touche
Tohmatsu Limited).
While I can't predict (publicly anyway) how many Retail Channels will ultimately be
active across our growing Partner and client base, manufacturers are always underpressure to grow their retail sales channels on a global scale.
Looking forward
We have more news to announce this week in line with our 24-month growth plan. A
plan we began operating under with my appointment to the CEO role on August 19.
While we are only two months into our plan, we are already delivering at or above our
plan targets and trust that you have begun to see the results of that delivery.
Our organizational shift to a relentless focus on results will result in some personnel
changes at all levels of the organization. We will announce changes where they are
significant and where replacement and/or role consolidation directly improves our
revenue-generating capabilities.
I am optimistic and confident we will achieve the bold goals we have set out. I look
forward to your continued engagement and increasingly positive comments.
Talk to you soon.
Regards,
jsa.
John Sexton Abrams
312.802.7805 / john@venzee.com
About Venzee
Venzee is a SaaS-based digital retail platform built on the premise that:
Retail isn't dead; retail is accelerating.
Venzee sells intelligent integration solutions that suppliers and retailers use to create