- Company has achieved record-breaking growth, with sales revenues topping $64 million
- SHRV benefits from a diversified platform
- A strategic name change, in addition to the appointment of a multilingual chief marketing officer, sets the stage for international expansion
Sharing Services Global Corporation (OTCQB: SHRV), formerly known as Sharing Services Inc., has seen a record-breaking pace of growth. Success is credited to SHRV’s Elepreneurs and their ability to execute the company’s mission, which is to change the direct-selling industry with best in-class products and services. Elepreneurs are independent contractors who share Elevacity products and invite others to join them on the Elepreneur team. Since its product launches of December 2017, the company has reported sales revenues of more than $64 million (http://nnw.fm/d8VdV). Operating under two divisions, Elevacity Global LLC and Elepreneur LLC, SHRV owns significant stakes in a variety of companies within the direct-selling industry.
SHRV is working to change the direct-selling industry by focusing on mentorship and securing a vested interest in the success of several direct-selling businesses. The company takes a percentage of ownership in different firms across various sectors. While other direct-selling businesses create a niche with one product line, SHRV benefits from a diversified platform.
Based in Plano, Texas, SHRV plans to expand globally. The company’s 10,000-square-foot facility in Plano provides room for expansion and space for a growing customer service department, product fulfillment operations, opportunity and training rooms, a video production suite and more. However, the company’s goals reach far beyond Plano, or even Texas. Implementation for expansion is expected to build on the same strategy that has worked so well for Sharing Services to this point.
The company’s recent name change, from Sharing Service Inc. to Sharing Services Global Corporation, is part of a larger vision for international expansion. The company has eyes on expansion into Canada, Mexico, Asia and Europe. On January 9, 2019, SHRV announced Clare Holbrook as the new chief marketing officer for its Elepreneur LLC subsidiary. The announcement (http://nnw.fm/b6UcC) describes Holbrook as a “creative, multilingual marketing leader who leverages hands-on experience in diverse global markets to help create integrated marketing and sales strategies globally.” Her addition to the team is part of the company’s strategic international expansion.
“We’re kind of under the radar right now. A lot of people don’t know about us,” SHRV CEO John “JT” Thatch stated in a news release (http://nnw.fm/55uUU). “[But] they soon will.”
For more information, visit the company’s website at www.SHRVInc.com
NOTE TO INVESTORS: The latest news and updates relating to SHRV are available in the company’s newsroom at http://nnw.fm/SHRV
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.
To receive instant SMS alerts, text STOCKS to 77948
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
[email protected]