Sharing Services Global Corp. (SHRG) and Subsidiary Champion Social Selling Approach with the Happy Co.

May 17, 2021 12:09:18
  • Social selling is when salespeople use social media to find and engage with new prospects.
  • SHRG is dedicated to being a leader in the direct-sales arena.
  • Sharing Services is committed to staying ahead of marketplace trends, fulfilling needs, consistently increasing shareholder value.
Social selling is the latest business model in the direct-sales world, and the strategy has been proven to increase company revenue by 16% (https://ibn.fm/hrP6O). Sharing Services Global (OTCQB: SHRG) and its primary subsidiary Elevacity Holdings LLC. are leveraging a modern take on the traditional approach to reach out to a growing number of consumers as well as potential business partners. Calling social selling “sales 2.0,” a recent article noted that “social selling is when salespeople use social media to find and engage with new prospects. Salespeople use social media to provide value to prospects by answering open-ended questions, responding to comments and sharing content throughout the buying process — from awareness to consideration, until a prospect is ready to buy.” The same article reported that “sales reps who use social selling find on average 45% more opportunities. In addition, social selling helps best-in-class companies achieve a 16% gain in year-over-year revenue. That’s four times better than companies that don’t use social selling.” SHRG has always been dedicated to being a leader in the direct-sales arena, working to be nimble and adaptable in order to offer its sales force the most compelling, effective support available. In fact, one of the company’s principles is speed. “Speed is important,” the corporate website states. “The speed of change requires timely decisions. Otherwise we will watch others who complete their research and make their decisions faster.” Sharing Services is committed to always staying ahead of marketplace trends, fulfilling needs, creating sustainable enterprise growth and consistently increasing shareholder value. This commitment is reflected in the Happy Co., the new brand identity of SHRG’s wholly owned subsidiaries Elevacity Holdings LLC and Elevacity U.S. LLC. (https://ibn.fm/05p2J). One of the fastest-growing companies in the social-marketing and direct-selling arenas, the Happy Co. has become the category creator for Happy Coffee and a recognized leader in natural nootropics. The Happy Co. has created a business model to make happiness happen for everyone involved with the company (https://ibn.fm/GN0Cq), and this model includes functional beverages, capsules, patches and creams. Each product is deliberately designed and formulated to elevate mood, boost energy, reduce stress, enhance sleep, increase muscles, minimize fat, tighten skin and help consumers look, feel and perform like a younger person. Sharing Services Global Corporation is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer. Its primary division includes Elevacity U.S., LLC, a sales and marketing company based on utilization of independent contractors as the sales force. For more information, visit www.SHRGInc.com and www.TheHappyCo.com. NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

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