Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company, has found success by employing its unique Blue Ocean Strategy, a method of selling its proprietary product line through its Elepreneur independent distributors. An article discussing the company reads, “Since the company’s own line of health and wellness products was introduced in December 2017, SHRG has reported cumulative sales of greater than $129 million. For Q1 2019, the three months ending July 31, Sharing Services reached revenues of $35.4 million, more than double that of the comparable period in 2018 (http://nnw.fm/6wTn8). . . . The company’s deliberate approach stems from the book “Blue Ocean Strategy” by W. Chan Kim and Renée Mauborgne. Blue Ocean Strategy is a systematic approach to selling that renders the competition irrelevant by creating and operating in an uncontested market space. The approach also calls for creating and capturing new demand, and strategy execution calls for exceeding expectations (http://nnw.fm/Zx9U3).”
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About Sharing Services Global Corporation
Sharing Services Global Corporation, formerly Sharing Services Inc., is a diversified holding company that is publicly traded and dedicated to the enhancement of shareholder value through the acquisition and development of innovative companies, products and technologies, having a primary revenue model driven by a direct-selling platform. The Sharing Services combined family of ventures leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent and autonomous distributors. Two of its primary divisions include Elevacity Holdings LLC (a product-sourcing and supply company) and Elepreneurs Holdings LLC (a sales and marketing company). For more information, visit the company’s websites at www.SHRGInc.com, www.Elevacity.com or www.Elepreneur.com.
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