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Venzee Technologies Inc V.VENZ

Alternate Symbol(s):  VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform allows for transfer of data to a range of retail channels. The Company allows customers to select any number of retail channels from its site to start using Venzee's Mesh Connector platform. It integrates with any content management provider. Venzee offers syndication capabilities that provide enhanced data governance, master data management abilities, and content organization. Venzee's subsidiaries include Venzee Inc. and Venzee Technologies Canada Inc.


TSXV:VENZ - Post by User

Bullboard Posts
Comment by Defaulteron Jul 19, 2019 2:36pm
82 Views
Post# 29940986

RE:RE:Do they connect venzee for free? Or cash contract?

RE:RE:Do they connect venzee for free? Or cash contract?9000 suppliers at 249US (323CAD)/month would result in $0.32/share revenue

$35MCAD/110M s/o = $0.32



Defaulter wrote:
Pricing:
 
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A basic license starts at US$79 per month and allows the client to use limited or restricted features of Venzee.
A premium license begins at US$249 per month and is subject to further monthly fees which are dependent on how often and to how many retailers the vendors upload product information.  Additional setup fees may apply to premium monthly packages.
Enterprise licenses for suppliers and manufacturers are much higher value monthly customized licenses to meet the needs of suppliers/manufacturers with much larger distribution channels and retailers that sell their products.  Enterprise licenses are subject to additional set up fees.
Peter Mackay, CEO of Venzee states, “Venzee’s growth strategy to date has been primarily driven by our internal sales team and onboarding staff but we believe channel partners and system integrators will further expand and accelerate the reach of Venzee into new verticals, new geographies, and growing high margin revenue.”
Channel Partner Opportunities
 
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Beyond the channel partnership relationships, Venzee has also established a co-marketing agreement with a major retailer with more than 9,000 suppliers - many of which use manual labor and spreadsheets to distribute product information. Venzee is now working with this retailer to convert their vendors to the Venzee platform and simplify their product information workflow.


Cgbuddy wrote: If contract why we dont got more detail about what that mean in futur $$ .
what we can expect from this connection in cash revenu ?

 




Bullboard Posts