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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

Post by Hiddensecretson Mar 31, 2021 4:07pm
197 Views
Post# 32916402

BOUGHT more today to ADD to my position

BOUGHT more today to ADD to my positionI will keep adding on a monthly basis to my portofolio as I believe that VENZ software products solves a MAJOR HEADACHE and cost for brands who sell across various retailers all who use different coding making returns of products very costly and, unable to be resold to recoup investment. 

The fee of $ 250 per each retailer where the brand is sold is peanuts for brand manufacturers.   It gives them control over their product, it gives them access to returns that can be resold, it allows replenishment of goods done in an effective and efficient manner allowing brand loyalty. 

And the multiplier effect for VENZ is very lucrative as each new brand will hook up with the existing network already in place allowing MULTIPLE times the $ 250 fee per month. 

And what can we say of valuations - the most lucrative terms are given to software companies. 

MPO
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