- 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://ibn.fm/Yxm06).
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://ibn.fm/EcpaO).
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://ibn.fm/RQlyT).
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
