- CEO John ‘JT’ Thatch says that SHRV’s all-time high gross sales in April were directly impacted by the success of its Elevacity Global line, which includes vitamin patches, anti-aging mud and skincare products
- Record April revenues continue SHRV’s momentum; company sales of $2.4 million in March doubled that of the prior month
- SHRV eyes future growth and believes that it will be well-supported by partnering with more providers, according to Chairman Robert Oblon
Sharing Services, Inc.’s (OTC: SHRV) sales momentum continues after it reported record revenue of more than $3.5 million for April. This follows its $2.4 million in gross sales in March, which doubled its total volume for February. SHRV stressed that major contributors in April were the Elevacity health-and-wellness division product line, together with the execution by its Elepreneurs marketing team of its unique Blue Ocean strategy and direct-to-market approach (http://nnw.fm/Pv5BX).
Elevacity Global’s wellness products include anti-aging Elier Mud, vitamin patches designed to generate energy and the Timeless line of skincare products for men and women. John ‘JT’ Thatch, CEO of Sharing Services, said in a news release that SHRV’s customers “seem very pleased” and are “seeing great results” with the line’s products.
SHRV is a Plano, Texas-based diversified holding company that owns, operates or controls a variety of companies engaged in direct selling through independent sales representatives. It also offers services such as energy, technology and insurance.
The company’s go-to-market strategy is defined as focusing on the end-user and connecting with potential clients. Blue Ocean selling is a concept of marketing in an uncontested marketplace. Execution of those methods resulted in record sales in March (http://nnw.fm/PvGn7).
Robert Oblon, chairman of SHRV, said that the company would grow in the future by partnering with more providers. To that end, Sharing Services recently completed a joint venture agreement with Hong Kong-based Health Wealth & Happiness Ltd. (“HWH”) to sell its products throughout Asia and expand its Elepreneur program (http://nnw.fm/kQmw2).
Oblon added, “Since the company launched late last year, it has taken several steps to support its pursuit of expansion, including establishing a new corporate headquarters to accommodate growth as well as bringing on experienced talent. These steps, among others, have also helped drive the company forward while momentum builds on a grand scale.”
For more information, visit the company’s website at www.SharingServicesInc.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
