Sharing Services, Inc.’s (SHRV) ‘Elevacity’ Division Taps into Wellness, the Largest Direct Sales Classification in the US and Globally

June 1, 2018 13:38:01
  • Elevacity, SHRV’s health-and-wellness division, helps drive record sales; industry association reports that wellness is the single largest global and U.S. direct-selling category
  • Direct selling worldwide is projected to reach $163.1 billion by 2020, with a CAGR of 4.9 percent; SHRV is expanding its direct selling efforts into more countries
  • SHRV is pursuing international expansion, entering a joint venture agreement to market its Elepreneur brand and products in Asia

Sharing Services, Inc. (OTC: SHRV) has reported that the debut of its Elevacity health-and-wellness division helped drive its $2.4 million record in gross sales for March, doubling its total sales in February ( The World Federation of Direct Selling Associations (WFDSA) reports in its latest statistics that wellness was the single largest global and U.S. direct selling category in 2016, with a 35 percent market share ( Wellness also owns the largest direct sales share in the Asia/Pacific market (42 percent), North America (35 percent) and Western Europe (35 percent).

SHRV’s record March sales were driven by the combined success of its go-to-market strategy and its Elevacity division, the company said. Elevacity’s wellness products include…

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