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Bullboard - Stock Discussion Forum 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... see more

TSXV:VENZ - Post Discussion

Venzee Technologies Inc > BOUGHT more today to ADD to my position
View:
Post by Hiddensecrets on Mar 31, 2021 4:07pm

BOUGHT more today to ADD to my position

I 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
Comment by Cgbuddy on Apr 01, 2021 11:16am
personnaly think that this is the next shopify of canada. mark my word.
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