- SHRG operates in billion-dollar industry seeing consistent growth
- Company focusing on two subsidiaries designed to leverage opportunities
- Elepreneurs, Elevacity provide exclusive, powerful tools to help SHRG sales force experience happier, healthier, wealthier lives
In an industry that saw more than $35 billion in retail sales in 2018 and which has seen consistent growth over the past decade (http://ibn.fm/7X2qI), Sharing Services Global Corporation (OTCQB: SHRG) is working to reshape the growing space to meet the needs of a new generation of entrepreneurs working in a world of evolving technology and product offerings. SHRG, which owns, operates or controls an interest in an array of companies specializing in the direct-selling industry, has focused its efforts on its two relatively new, wholly owned subsidiaries – Elepreneurs LLC and Elevacity LLC – to make this happen.
In 2017 SHRG created Elepreneurs, a subsidiary designed for today’s entrepreneurs who are looking for greater flexibility with income opportunities along with a purpose and products that go beyond the traditional direct-selling approach. Through Elepreneurs, SHRG provides tools and products for its independent sales force, called Elepreneurs, to experience happier, healthier and wealthier lives.
Those tools include basic and advanced programs for both new and veteran members who want to make direct selling their primary careers. These powerful seminars, classes, boot camps and workshops were developed by Elepreneurs and are conducted by experienced entrepreneurs who are committed to providing participants with the mindset, skill set, knowledge, system, action plan, tools, awareness, motivation and confidence to build successful businesses. In addition, Elepreneurs offers diverse lanes of opportunity designed to provide a higher percentage of income generation and less attrition.
Elepreneurs is designed to be marketed in today’s world of social media, taking advantage of a widened consumer base that crosses industries and borders. SHRG’s unique relationship marketing breaks the traditional direct-selling mold, creating competitiveness and opportunities in small businesses across the company’s platform. This modern model reaches today’s market and consumers in an extremely cost-effective, personal and direct way.
SHRG’s subsidiary Elevacity is responsible for the manufacturing and distribution of the company’s products. SHRG offers superior, scientifically cultivated products that stimulate what the company calls happiness hormones – dopamine, oxytocin, serotonin and endorphins – or D.O.S.E.
The product line includes core offerings in the nutritional beverage category and unique skin-care products. Each product offered under the Elevacity brand is carefully formulated and designed to support a simple objective: elevating lives through products and services. As one of SHRG’s unique lanes of opportunity, Elevacity also offers a unique rewards program for its Elepreneurs.
Sharing Services is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling industry. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors.
For more information, visit the company’s website at www.SHRGInc.com
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG