Valerie Bertinelli & Veebo, Inc. Engage Newbridge Financial for M&A and Financial Advisory Services
Mesa, Arizona (PRWEB) October 28, 2014 -- Veebo is the premier mobile marketing solution for local business. Veebo operates at the intersection of the mobile application and local media advertising industries in a sector commonly referred to as mobile marketing. Launched in 2011, founders Tom Vitale, Valerie Bertinelli and Edward Loew set out to give small businesses the same opportunity that big businesses have in using technology to market to new and existing customers. Leveraging the booming technology available in the mobile phone market, they created the industry's most targeted marketing program to help retailers stay connected with their customers.
By offering promotions through Veebo's mobile app, a business can entice customers to return to that business while monitoring that customer's engagement. Businesses will know who visited their location and also how often. They will come to know their repeat customers and gain an understanding as to how to get those same customers back in the door, increasing revenue and brand awareness.
Veebo believes that measuring customer behavior and encouraging loyalty is the fastest route for a business to increase profitability. Since 80% of a typical business's revenue comes from 20% of its customers, Veebo provides business owners powerful tools to identify and engage those customers.
In addition to being a founder, Valerie Bertinelli endorses and actively promotes Veebo. Valerie is a two-time Golden Globe winner known for her many movie and TV roles including "One Day at a Time," "Touched By An Angel," and currently, "Hot in Cleveland." After Valerie's remarkable success with the Jenny Craig weight loss program she wrote two books; the NY Times #1 bestseller "Losing It" and its sequel, "Finding It." Valerie also released a fitness DVD entitled "Losing It," and a cookbook, "One Dish at a Time: Delicious Recipes and Stories from My Italian-American Childhood and Beyond."
Based in Ft. Lauderdale, Florida, Newbridge Financial is a highly respected, boutique financial advisory firm that specializes in emerging growth companies and dynamic industries. "We are excited to engage a company like Newbridge to help advise the company moving forward," said Veebo's Chief Executive Officer, Edward Loew. "I'm very enthusiastic about becoming a household name within this industry and believe this relationship will help us pave the way to our goals," said Valerie Bertinelli. "It's a pleasure to work with enthusiastic people that have a real vision and ability to execute their business plan," said Guy Amico, Chairman of Newbridge Financial, Inc. "Valerie is a bigger than life personality with a passion to make Veebo a tremendous success – Her and her team have built a wonderful product," said Amico.
About Newbridge Financial, Inc.
Newbridge Financial, Inc., established since 2000, is the parent company of Newbridge Securities Corporation, a full service broker/dealer and investment banker (http://www.newbridgefinancial.com). Newbridge Financial is also the parent of a core group of companies that offer a broad spectrum of financial services and products to individuals and corporate clients.
About Veebo, Inc.
Founded by Valerie Bertinelli, Veebo provides local retail merchants and franchises with the premier mobile marketing solution. In the US, over 23MM small business owners, who account for 54% of all US sales, struggle to connect and engage with their customers. Many try and fail, spending billions of dollars in the process. According to BIA/Kelsey, in 2012 advertisers spent nearly $133B on local media advertising targeting new and existing customers. By 2017, this spend is expected to grow to approximately $149B. This does not include the mobile coupon market which accounted for an additional $5B of advertiser spends in 2012 and is expected to grow to $43B by 2017. At the local level, according to a recent Yelp study, small business owners spend on average $4,200 per year on local marketing and advertising, which assuming a 17.4% online/digital spend allocation equates to a $4B market opportunity for a quality digital marketing solution.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Veebo, Inc., Contact:
Edward Loew, CEO
602-903-0095
eloew(at)veebo(dot)com
Valerie Bertinelli Contact:
Heidi Schaeffer, PMK*BNC
310-358-1737
Heidi.Schaeffer(at)PMKBNC(dot)com
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Edward Loew, Veebo, Inc., http://www.veebo.com, +1 6029030095, [email protected]
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